Joan
Nairobi, Kenya
11% repaid
Name
Joan
Member since
February 2015
On-time repayments
38 installments • 26%
I am from a family of 4, born and raised in Nairobi. I have a Diploma in marketing and sales and also a certificate in secretarial studies. Due to the high unemployment rate in y country, I ventured into business almost three years ago to better my life and those of my siblings. While the business growth has been slow, it is steady and I am hoping for better times ahead. I deal with second hand clothes which I hawk from on City's estate to the other.
I am a very goal oriented kind of person,i always set goals and achieve them. I am also very hungry for knowledge.I believe that in learning...you get to grow in life and business as well as career wise. Giving back to society is also something i love doing. Mostly i participate in runs and walks for charity. I can play a guitar and I am a choir member at Ruaka PCEA church.
I deal in secondhand clothes business, and this how I earn on average every month.
Monthly Sales $300
Expenses $120
Miscellaneous $ 60
Profit $120
My business is still small but i can see a future because am not giving up any day soon. I hawk second hand clothes to people who i am recommended to by my clients and friend. I know with time i will buy a truck and i will be doing the same business of taking my products(clothes)to my customers at the comfort of there homes,offices, etc, depending on there preferences
I will use the loan to expand my already existing business.I would like to branch out and start selling ladies wrist watches which I will start with $45. I also opt to get a small space which is going to cost around $15 per month.
This is a benefit in that I will create employment as I continue with my other businesses.
In this new venture I expect to make profit of up to $10 a month
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$89.00
Date disbursed
Jul 18, 2017
Repayment status
Late
Projected term
4 months
Other loans
Amount repaid
$9.88
Amount remaining
$79.36
Expected completion
Dec 3, 2017
Status
Repaying late
Installment amount
$4.94
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 30, 2017 | $4.94 | Jul 31, 2017 | $4.94 |
Aug 6, 2017 | $4.94 | Jul 31, 2017 | $4.94 |
Aug 13, 2017 | $4.94 | ||
Aug 20, 2017 | $4.94 | ||
Aug 27, 2017 | $4.94 | ||
Sep 3, 2017 | $4.94 | ||
Sep 10, 2017 | $4.94 | ||
Sep 17, 2017 | $4.94 | ||
Sep 24, 2017 | $4.94 | ||
Oct 1, 2017 | $4.94 | ||
Oct 8, 2017 | $4.94 | ||
Oct 15, 2017 | $4.94 | ||
Oct 22, 2017 | $4.94 | ||
Oct 29, 2017 | $4.94 | ||
Nov 5, 2017 | $4.94 | ||
Nov 12, 2017 | $4.94 | ||
Nov 19, 2017 | $4.94 | ||
Nov 26, 2017 | $4.94 | ||
Dec 3, 2017 | $0.34 |
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