Entrepreneur
Name
Simon
Member since
December 2011
On-time repayments
150 installments • 11%
About Me
I am married and i have lived in Ongata rongai for ten years , i have been doing small business in Kwale area of ongata rongai I started a business after not finding a job i borrowed a small capital from my family in 2002 where i sell electrical s and hardware accessories.with the earnings i make from the business i feed my family and educate my sibling and support my parents.
My Business
I sell basic electrical goods like bulbs ,wire, sockets,extension cables etc and hardware tools like hammer handsaws pliers measuring tapes and other small items. this is a profitable business as the goods are locally sourced and are daily consumables in the homes and construction sites. i operate in densely populated area where there is big flow of customers. In a month i buy goods worth kshs25000 and the monthly sales kshs 60000 getting a profit of about 25000- 30000 after deducting the expenses.
Loan Proposal
Thanks"Zidisha" for giving me an opportunity to seek loan through your website. Dear Lenders I am looking for a loan to expand my small business.This being the end of the year the business is good but without enough stock you can't make any profits you will have many customers inquire but no sales.That's the reason i am asking for your support to enable me have enough stock in this season, when customers have enough money to buy my supplies. With this loan i plan to buy more merchandise which are first moving and high returns , Be sure that your loan will help and i promise that i will pay back in total and in good time. thanks and Almighty bless you all.
Feedback
Positive
14
Neutral
None
Negative
2
Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Dec 3, 2012
Repayment status
On Time
Projected term
11 months
Other loans
Lenders
Southampton, United Kingdom
West Plains, MO, United States
Uppsala, Sweden
Christchurch, New Zealand
Ipswich, United Kingdom
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Summary
Amount repaid
$568.21
Amount remaining
$0.00
Date repaid
Apr 15, 2013
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 9, 2013 | $56.74 | Feb 7, 2013 | $56.74 |
| Mar 9, 2013 | $56.74 | Feb 7, 2013 | $2.08 |
| Mar 7, 2013 | $54.66 | ||
| Apr 9, 2013 | $56.74 | Mar 7, 2013 | $4.16 |
| Mar 28, 2013 | $52.58 | ||
| May 9, 2013 | $56.74 | Mar 28, 2013 | $56.74 |
| Jun 9, 2013 | $56.74 | Mar 28, 2013 | $56.74 |
| Jul 9, 2013 | $56.74 | Mar 28, 2013 | $56.74 |
| Aug 9, 2013 | $56.74 | Mar 28, 2013 | $12.49 |
| Apr 5, 2013 | $44.25 | ||
| Sep 9, 2013 | $56.74 | Apr 5, 2013 | $56.74 |
| Oct 9, 2013 | $56.74 | Apr 5, 2013 | $16.66 |
| Apr 13, 2013 | $40.08 | ||
| Nov 9, 2013 | $56.74 | Apr 13, 2013 | $42.27 |
| Apr 15, 2013 | $14.47 | ||
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