Grow Clothing Business Operations

Stephen

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

December 2016

On-time repayments

30 installments  •  40%

About Me

i was brought up in apolygamous family where one needed to struggle hard for success.i attended primary ,secondary and tertiary education.after my shool i was employed by my uncle to sell clothing.After getting maried is when we embarked on our owm business.land is critical in our community in that you need to have aplace called a home. my two children all dream to be adocter and alawyer.my hobby is travelling.

My Business

I provide women fashion ware and juniors fashion ware.
these goods are always in demand as we we all know you cant seperate women and fashion,and children are born every day.I chose this business bacause this are non perishable and returns are high My costs include rent legal fees and salaries.
my profit are entirely for business expansion,reinvestiment.

Loan Proposal

acquiring an asset for my business ie my own business premise
1.land aquisation 2000 dollers
2.building up astore 2000 dollers
3.increase of stock 1000 dollers
benefits
1. improve my life
2. create employment
3.profit channeled to church and charity homes
my profits shall increase by 50% coz of cutting down on rent.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Dec 20, 2016

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$5.01

Amount remaining

$0.00

Date repaid

Jan 27, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 31, 2016 $1.06 Dec 30, 2016 $1.06
Jan 7, 2017 $1.06 Jan 8, 2017 $1.01
Jan 8, 2017 $0.05
Jan 14, 2017 $1.06 Jan 16, 2017 $1.01
Jan 16, 2017 $0.05
Jan 21, 2017 $1.06 Jan 16, 2017 $0.05
Jan 27, 2017 $1.01
Jan 28, 2017 $0.78 Jan 27, 2017 $0.78

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