Thread and canvas to make door mats

Julie

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Julie

Member since

March 2014

On-time repayments

229 installments  •  28%

About Me

I am married with one kid who is in baby class. I attended kenyatta university for two years and then differed because of financial constraints. I was taking bachelor of education, arts, which i hope to complete in the future. I am a devout christian, in fact i am a sunday school teacher at my church. I also do charity works especially with childrens home.

My Business

I make hand woven mats using canvas and thick threads. It takes me two days to complete a door mat. The materials of a door mat cost ksh 1500 and i sell it for ksh 2000-3000. I make atleast ksh 500 for every mat i make and it increases with the size. I lack the capital to buy materials for bigger mats. Customers also usually shy away from giving me deposit since i do not have a shop and operate from my house . Most of them also prefer ready made mats rather than waiting. I also hope to own a shop where customers will be able to come and visit.
I also help a friend in her salon and get a daily allowance of ksh 300. If granted the loan i will pay back using my daily allowance savings and the sales i will be making.

Loan Proposal

I thank you zidisha for this platform. I make carpets using thread and canvas. I need a capital to buy materials. Mostly i usually ask myI ti customers for deposit but they usually shy away from that since i lack a shop and operate from my house. The loan of USD50 will enable me buy materials for at atleast three door mats.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Apr 4, 2014

Repayment status

On Time

Projected term

3 months

Lenders

Landerson

Edinburgh, United Kingdom

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Summary

Amount repaid

$50.82

Amount remaining

$0.00

Date repaid

Jun 18, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 17, 2014 $3.39 Apr 14, 2014 $3.39
Apr 24, 2014 $3.39 Apr 24, 2014 $3.39
May 1, 2014 $3.39 Apr 24, 2014 $2.35
May 2, 2014 $1.04
May 8, 2014 $3.39 May 2, 2014 $1.91
May 8, 2014 $1.48
May 15, 2014 $3.39 May 8, 2014 $2.05
May 17, 2014 $1.34
May 22, 2014 $3.39 May 17, 2014 $1.84
May 26, 2014 $1.53
May 31, 2014 $0.02
May 29, 2014 $3.39 May 31, 2014 $3.39
Jun 5, 2014 $3.39 May 31, 2014 $0.71
Jun 7, 2014 $2.68
Jun 12, 2014 $3.39 Jun 7, 2014 $0.26
Jun 16, 2014 $3.13
Jun 19, 2014 $3.39 Jun 16, 2014 $3.39
Jun 26, 2014 $3.39 Jun 16, 2014 $3.39
Jul 3, 2014 $3.39 Jun 16, 2014 $2.75
Jun 16, 2014 $0.64
Jul 10, 2014 $3.39 Jun 16, 2014 $3.39
Jul 17, 2014 $3.39 Jun 16, 2014 $3.39
Jul 24, 2014 $3.39 Jun 16, 2014 $1.41
Jun 17, 2014 $1.94

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