Permanent stall for cereals business
Christopher
Maragoli, Kenya
100% repaid
Entrepreneur
Name
Christopher
Member since
March 2015
On-time repayments
277 installments • 31%
About Me
Christopher omondi went to idavaga primary school .joined kolanya boys high school in 1993 in form one and cleared my O levels in 1996. was employed with west county services as sales person in beer distribution company in western Kenya in vihiga county as from 1999 to 2007 ..when the directors had to embark on construction company ,leaving a number of employees jobless. i then opted for business,beginning a cereals stall in mbale town which am moving on with. currenty i have a family of 5 ,wife and 4 children. first born in form 3 last daughter in pre-care.
My Business
after being jobless for one year i managed to get eight thousand to purchase two sacks of maize. this cereal business have made pay my rent of three thousand and also the local authority. in my business i get profits of 3000ksh per week. which adds to 12000ksh per month. i am in a permanent stall where i can act as a stall and store for goods. i do have challenge with finances to rent the stall. in the new stall the stock is still low and i need to improve my stock with 86186ksh which is 854.42US dollas its my humble request to Zidisha and the lenders to fund me. thanks in advance.
Loan Proposal
the reasons to why i want a permanent stall is that to avoid moving cereals morning and evening from and to the the house. this will benefit me from the time i spent transporting the cereals and during the rainy seasons i can maintain my customers and the quality of the cereals. for that i expect my profits to increase by 20%.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Apr 8, 2015
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
Bridgton, United States
United States
Summary
Amount repaid
$52.78
Amount remaining
$0.00
Date repaid
May 30, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 19, 2015 | $7.53 | Apr 12, 2015 | $3.56 |
| Apr 19, 2015 | $3.98 | ||
| Apr 26, 2015 | $7.53 | Apr 19, 2015 | $0.02 |
| Apr 26, 2015 | $7.51 | ||
| May 3, 2015 | $7.53 | May 6, 2015 | $7.53 |
| May 10, 2015 | $7.53 | May 9, 2015 | $7.53 |
| May 17, 2015 | $7.53 | May 15, 2015 | $7.53 |
| May 24, 2015 | $7.53 | May 22, 2015 | $7.53 |
| May 31, 2015 | $7.58 | May 30, 2015 | $7.58 |
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