Food · Karan
Contract C-1701: Kitchen equipment and stock
Business in default
Missed 3 repayments in a row. Recovery finished; investors took a loss.
What happened
Revenue fell and repayments stopped after month 2. Stock was sold through recovery. Investors got back 46% of their principal, and lost the rest.
Day 30: O $4.79 H $4.81 L $4.68 C $4.72 Vol 57
See the numbers
| Day | Open | High | Low | Close | Units |
|---|---|---|---|---|---|
| Day 1 | $9.00 | $9.01 | $8.76 | $8.83 | 23 |
| Day 2 | $8.83 | $8.85 | $8.23 | $8.48 | 61 |
| Day 3 | $8.48 | $8.71 | $8.01 | $8.14 | 52 |
| Day 4 | $8.14 | $8.32 | $8.11 | $8.11 | 40 |
| Day 5 | $8.11 | $8.21 | $7.57 | $7.71 | 44 |
| Day 6 | $7.71 | $7.86 | $7.44 | $7.67 | 59 |
| Day 7 | $7.67 | $7.73 | $7.08 | $7.31 | 10 |
| Day 8 | $7.31 | $7.36 | $7.14 | $7.21 | 19 |
| Day 9 | $7.21 | $7.29 | $6.90 | $7.07 | 57 |
| Day 10 | $7.07 | $7.30 | $6.91 | $6.93 | 50 |
| Day 11 | $6.93 | $7.04 | $6.87 | $6.98 | 8 |
| Day 12 | $6.98 | $7.01 | $6.47 | $6.69 | 11 |
| Day 13 | $6.69 | $6.90 | $6.68 | $6.72 | 19 |
| Day 14 | $6.72 | $6.95 | $6.63 | $6.64 | 34 |
| Day 15 | $6.64 | $6.68 | $6.42 | $6.55 | 60 |
| Day 16 | $6.55 | $6.77 | $6.51 | $6.51 | 64 |
| Day 17 | $6.51 | $6.63 | $6.10 | $6.32 | 22 |
| Day 18 | $6.32 | $6.40 | $6.16 | $6.17 | 21 |
| Day 19 | $6.17 | $6.38 | $5.81 | $5.94 | 22 |
| Day 20 | $5.94 | $6.01 | $5.76 | $5.87 | 36 |
| Day 21 | $5.87 | $5.91 | $5.77 | $5.86 | 6 |
| Day 22 | $5.86 | $5.94 | $5.72 | $5.90 | 51 |
| Day 23 | $5.90 | $6.01 | $5.69 | $5.83 | 31 |
| Day 24 | $5.83 | $6.04 | $5.79 | $5.85 | 33 |
| Day 25 | $5.85 | $6.05 | $5.34 | $5.46 | 25 |
| Day 26 | $5.46 | $5.49 | $5.12 | $5.26 | 31 |
| Day 27 | $5.26 | $5.27 | $5.17 | $5.17 | 47 |
| Day 28 | $5.17 | $5.23 | $4.72 | $4.89 | 9 |
| Day 29 | $4.89 | $4.97 | $4.73 | $4.79 | 23 |
| Day 30 | $4.79 | $4.81 | $4.68 | $4.72 | 57 |
Simulated prices for a $10 unit, to show how a market would look. The pilot has no trading, so these are not real prices.
Business #K22
Food stall. Stopped repaying after a sharp fall in revenue.
The real name is verified by the platform through KYC and kept private. Public IDs are a deliberate security choice.
Kalsooni Score
T2240 / 1000
240 now
Dotted lines mark the scores needed for T2, T3, T4 and T5.
- Repayment history (50% weight)20
- Unrelated investors (30% weight, 16 investors)32
- Time on platform (20% weight, 8 months)22
Repayment track record
Contracts fulfilled: 0 / 1
Standard report summary
Reported by the business and checked against mobile-money statements where provided. Public to everyone.
Tranche schedule
- Tranche 1 · $360Released
Paid directly to the supplier once the contract is signed
- Tranche 2 · $360Released
Paid to the supplier after delivery is confirmed
- Final payout · $180Frozen
Controlled by the platform. Released after reports are checked; can be paused if an anomaly is detected
Repayments
- Mar 2026$162paid
- Apr 2026$162paid
- May 2026$162missed
- Jun 2026$162missed
- Jul 2026$162missed
- Aug 2026$162cancelled
Contract terms
- The platform buys the goods from the supplier directly. The business never receives this $900 as cash.
- The business then repays cost plus a markup agreed at signing, over 6 months. The markup does not grow if repayment is late.
- Investors expect 7–9% over the whole term. The range is there because the final supplier invoice sets the exact figure.
- If the business fails, you can lose some or all of this money. Recovery goes back to investors in proportion to what each put in.
- If fraud is found, the business is permanently banned and what remains is liquidated back to investors.
Risk disclosure
You can lose some or all of your money.
This is a venture market. These are small, young businesses, and some fail. Returns are expectations, not promises.
You may not be able to get your money out before a contract ends. Keep each investment small and spread across businesses.