Buying more stock to sustain customer this december holidays
Susan
Thika, Kenya
100% repaid
Entrepreneur
Name
Susan
Member since
October 2015
On-time repayments
191 installments • 32%
About Me
I am the fourth born in a family of five, i have three sisters. i grew up in umoja estate in in nairobi city. I went to Moyo accademy primary school and later went to St. lawrence highschool nziyu, Makueni and attained a Grade C-.
Due to lack of money i was not able to attend college and so i joined my sister to her workshop to help her eletrical rewinders and electronics accecories. i gained skill on how to repair welding machines and rewinding!
I was earning some money at every end of the month and i saved the money for i wanted to have a business of my own. I love beauty and cosmetics so i was longing to have enough money to start my business.
working in that workshop was not easy but i needed money so i applied all my effort and knowledge to make sure i deliver and make my own money!
I Kiambu county we have beautiful nature n people are upto fashion and beauty. am not married and i dont have kids, when i got married and have kids i will already have a firm business that will ensure my kids has what they need and prepair their future.
i love swimming, dancing to blues music , R&b and travelling.
My Business
After some years working with my sister at Betco Electrical rewinders, i saved a capital that enabled me to start a boutique. Around where i worked for my sister, i was inspired by the beauty shops around because they brought the newest clothes in the market and they make a high sale!
So as soon as the money was enough i started first with ladys wear. I noticed that men do not by clothes often so i started with lays wear then later bring Mens wear too. I chose this kind of business because fashion is on and up every day. To start this busines it cost me a capital of 100,000ksh amd i make a profit of 25,000ksh per month. Am using my profits to reinvestment in growing my business and home improvements.
Loan Proposal
After approval and disbursement of the loan, i plan to buy more ladys wear that will cost 100usd for my shop. This will increase my income and it will benefit me very much and the availability of the clothes will also benefit my customers.
i expect my profits to increase with25% this will be a step to grow my business.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Nov 23, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
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Summary
Amount repaid
$210.23
Amount remaining
$0.00
Date repaid
Mar 9, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Dec 6, 2015 | $15.00 | Dec 8, 2015 | $15.00 |
| Dec 13, 2015 | $15.00 | Dec 11, 2015 | $15.00 |
| Dec 20, 2015 | $15.00 | Dec 30, 2015 | $15.00 |
| Dec 27, 2015 | $15.00 | Dec 30, 2015 | $15.00 |
| Jan 3, 2016 | $15.00 | Jan 11, 2016 | $15.00 |
| Jan 10, 2016 | $15.00 | Jan 11, 2016 | $15.00 |
| Jan 17, 2016 | $15.00 | Jan 28, 2016 | $15.00 |
| Jan 24, 2016 | $15.00 | Jan 28, 2016 | $15.00 |
| Jan 31, 2016 | $15.00 | Feb 8, 2016 | $15.00 |
| Feb 7, 2016 | $15.00 | Feb 8, 2016 | $15.00 |
| Feb 14, 2016 | $15.00 | Feb 20, 2016 | $15.00 |
| Feb 21, 2016 | $15.00 | Mar 1, 2016 | $15.00 |
| Feb 28, 2016 | $15.00 | Mar 1, 2016 | $15.00 |
| Mar 6, 2016 | $15.00 | Mar 9, 2016 | $15.00 |
| Mar 13, 2016 | $0.23 | Mar 9, 2016 | $0.23 |
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