Buying food weighing scale

Elizabeth

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Elizabeth

Member since

March 2017

On-time repayments

11 installments  •  82%

About Me

Am Elizabeth Wamboi and I was born in Eldoret town Huruma estate in the year 1989.from single parent of whom latter died when I was still 12 years.
I went to school as follows from the year 1997 to 2004 in Town ship Primary School.and in year 2005 to 2008 in Umoja secondary School.and being that I did not have my own parents I could not continue with my education to the University.therefore I stopped there at high School level.
Latter I got a casual job at the supper market in the town for about two years that enabled me to meet my own bills.
I started my own business after I saved money from my earning from the same job.
The unique things in this place is that girls are expected to get married after schooling even though you don't have a choice yet.
My one Child is still in lower primary School therefore he cannot decide yet and last one is a toddler.
My unique hobby is Swimming with husband over the weekend.

My Business

I own grocery shop and therefore I sells fresh vegetables Tomatoes ,onions and all types cereals to my customers in this region and beyond.
This types of goods are in big demand because kanmukunji estate is a place with large number of people living or in other word it is over crowded.
I chose this kind of business because it is to get at near by market place in Eldoret town and because there is ready market.
My typical cost is 25,000KES.
This how I spend money I get from this business. .
1.School fees for my Child =5000KES.
2.Reinvesting to grow the business .2000KES.
3.Home improvement= 12000KES.
4.Church activities =1000KES.

Loan Proposal

When am given this loan amount then I will be able to buy a new food weighing scale at 50 US Dollars.
This will make my customers trust me and have confidence with this shop and therefore they come in large number and buy .
When this plan is implemented then I expect this business to grow by 40% this year and next year the more.
Thanks for considering me for my very first time and I promise to be faithful to repay the loan amount am given.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Mar 31, 2017

Repayment status

On Time

Projected term

5 weeks

Other loans

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$4.19

Amount remaining

$0.00

Date repaid

May 4, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 8, 2017 $0.99 Apr 7, 2017 $0.99
Apr 15, 2017 $0.99 Apr 15, 2017 $0.99
Apr 22, 2017 $0.99 Apr 22, 2017 $0.99
Apr 29, 2017 $0.99 Apr 29, 2017 $0.99
May 6, 2017 $0.22 May 4, 2017 $0.22

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