Buying and selling second hand clothing

Albert

Eastleigh, Kenya

100% repaid

Entrepreneur

Name

Albert

Member since

December 2015

On-time repayments

178 installments  •  97%

About Me

am the second born in a family of six and i reached my Olevels, i started my business 15yrs ago with just two clothes but now a fully stocked, it was not easy but hard work pays. the unique thing about my business is that I mostly dwell on latest fashion trends us soon us they are available. u love watching the premiere league.

My Business

I ran a boutique and I specialize in women clothings. my cloths are in demand because most people in my neighborhood wear second hand clothing. I chose to sell second hand clothing because of the demand of people around our neighborhood and because of the profit margin.

Loan Proposal

I will buy sweaters worth 200shs buy dresses worth 1000shs,add some men sweaters worth 400shs,add jumpers worth 300shs,this will add value to my exciting stock and I know my costomers will really feel apriciated, I except double profit in nearly all the products because we are heading to a good shopping season.

Feedback

18

None

None

  • Jan    Oct 11, 2019

    +1
    Albert makes very regular repayments. He should have discount on the "penalties" he pays. 25% "fees" for a six month loan is too much.

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  • BernadetteV    Mar 12, 2018

    This is my 12 th loan to Albert. It’s always a pleasure to lend to him. He’s very serious and appreciates those who help him with his business. Happy that his hard work in his business is helping him and his family.

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  • BernadetteV    Nov 16, 2017

    Regular repayments and loan repaid on time. Glad that your business is doing well.

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  • BernadetteV    Sep 14, 2017

    It's a pleasure to lend to Albert. He's a serious businessman and honors his commitment to repay the loan.

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  • BernadetteV    Jul 30, 2017

    Loan repaid early. Thanks Albert for your regular payments.

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  • BernadetteV    Jun 20, 2017

    A pleasure to lend to Albert. He had regular repayments and completed the loan early.

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  • Jan    Jun 20, 2017

    Albert makes excellent repayments! It's a great pleasure to lend to him again.

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  • BernadetteV    Apr 25, 2017

    Albert was always ahead with the repayments and the loan was repaid early. It was a pleasure to lend to him.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$20.00

Date disbursed

Oct 20, 2016

Repayment status

On Time

Projected term

7 weeks

Lenders

ElWal

Kirn, Germany

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Summary

Amount repaid

$20.00

Amount remaining

$0.00

Date repaid

Nov 30, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 31, 2016 $3.02 Oct 30, 2016 $3.02
Nov 7, 2016 $3.02 Nov 7, 2016 $3.02
Nov 14, 2016 $3.02 Nov 14, 2016 $3.02
Nov 21, 2016 $3.02 Nov 21, 2016 $3.02
Nov 28, 2016 $3.02 Nov 28, 2016 $3.02
Dec 5, 2016 $3.02 Nov 30, 2016 $3.02
Dec 12, 2016 $1.86 Nov 30, 2016 $1.86

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