Name
Eva
Member since
August 2017
On-time repayments
3 installments • 67%
I am a 26 year old living in Nairobi in a high traffic area seeking to be an entrepreneur. I am a student and run my own side hustles impeded to pay bills and meet day to day expenses. I started off by selling eggs then put the business aside as the profit margin was not high, then went on to sell tomatoes but due to fluctuating market prices stopped the business.Currently I'm running a door to door delivery for baby diapers and seek to get funds to open an outlet which will mean increased income.
I started the business this year and seek to sell more baby products other than diapers as I live in an estate in Nairobi with high population growth. I envision the business as being an employer for the jobless and providing more income to venture into other businesses in the future.
The loan will be for the purpose of opening up a baby shop that deals in diapers, baby products like rash creams, breast pumps, baby buckets, baby bottles and other baby products at a wholesale price. The business will also seek to provide employment to one worker initially and to more in the future. It will also be an avenue to open up more businesses in the future and will provide an increased income as currently I am stuck to door to door delivery due to finances. I estimate the initial inventory to be worth 80000.Daily sales should be about 3000 a day as the location is a high traffic area with a high population growth rate.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1.00
Date disbursed
Aug 16, 2017
Repayment status
On Time
Projected term
1 week
Other loans
Amount repaid
$0.99
Amount remaining
$0.00
Date repaid
Aug 26, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 28, 2017 | $0.99 | Aug 26, 2017 | $0.99 |
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