Name
Samson
Member since
May 2017
On-time repayments
18 installments • 56%
I am Samson otieno nyunja a teacher by profession permanent employee by the teachers service commission. I am aged 34 years currently living I Kakamega County. I finished my college in 2009 at migori ttc.I am a man of integrity and development. I am business oriented person who like development. I have a kid and a wife and value and respect my family.
I want to start a business at kisumu Town. Selling maize ,beans,groundnuts , rice ,I need a capital of Ksh 50000. This business will be situated at a busy market centre where there are many customers. This will help improve the our society and living standards of the community. Our society lacks cereals that is a research I did and therefore this will be the be the very best for them. This business if it grows further I will be able to supply institutions with the same. I will even need a warehouse. Hotels available will fully benefit with the same. It will be also wholesale where I will be able to help small retailers.
I need to grow my business. I need to purchase three stacks of beans(Each sack is Sh9000 that is 90 dollars).So far five sacks is a total of 270 dollars.So far I started with two sacks.Each sack gives a net profit of Sh 2100.I do sell to farmers,supply hotels and other customers.This has actually helped the community.profit is for expanding business and start other projects if all goes well as it has started. The rate at which profit increase will be high depending on the stock I have. Am a teacher and have employed someone there that is why my photo
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$28.00
Date disbursed
Sep 21, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Amount repaid
$27.32
Amount remaining
$0.00
Date repaid
Feb 24, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Sep 30, 2017 | $4.95 | Sep 25, 2017 | $4.95 |
Oct 7, 2017 | $4.95 | Sep 25, 2017 | $4.95 |
Oct 14, 2017 | $4.95 | Sep 25, 2017 | $2.97 |
Feb 20, 2018 | $1.98 | ||
Oct 21, 2017 | $4.95 | Feb 20, 2018 | $2.97 |
Feb 24, 2018 | $1.98 | ||
Oct 28, 2017 | $4.95 | Feb 24, 2018 | $4.95 |
Nov 4, 2017 | $2.56 | Feb 24, 2018 | $2.56 |
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