Entrepreneur
Name
Jannet
Member since
September 2012
On-time repayments
20 installments • 10%
About Me
i am an active Christian lady married with two children aged 9 and 14yrs respectively. I live in Ongata Rongai,Ngong division in Kajiando North county.I train weaving life skills in a Non-governmental organization dealing with women affected and infected by HIV/Aids within poor communities.I hold higher diploma in counseling psychology. Diploma in Biblical counseling and Theology respectively.What triggered me to start the business was due to low income and wanted to supplement my other family needs.I re-stock my business with earnings gotten from my business plus paying other pending bills.
My Business
I started my weaving business roughly two years ago .I deal with woolen rugs/carpets which are locally hand-woven. the demand for woolen rugs is because they are warm, unique and in different varieties unlike other local carpets,customers prefer woolen rugs because thy are long lasting and durable and they also do home and hotel decors.and they are also used in beaches for luxury purposes.the business is profitable as the demand is high both nationally and international , the risks encountered in this business are high cost of production , high taxes . in a month my sales are 30000 and my expenses are rent 4000, labor charges,10000 miscellaneous about 6000 i am left with a profit of 10000 pm
Loan Proposal
If granted the loan requested, i will commit the money in restocking and expanding my weaving business which i started two years ago.i will add new designs and patterns in order to attract more customers.i will also intensify my marketing to other parts e.g Masai Mara, Mombasa & other parts of the world through internet and online selling. In my second loan i will add other products that go along with carpets e.g beads and jeweleries etc.
My Videos
May 14, 2024: Clothing business
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Loan Info
Project Type
Classic Loan
Disbursed amount
$359.00
Date disbursed
Dec 3, 2012
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
Rush, United States
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Summary
Amount repaid
$383.46
Amount remaining
$0.00
Date repaid
Dec 25, 2013
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 9, 2013 | $34.86 | Mar 13, 2013 | $34.86 |
| Mar 9, 2013 | $34.86 | Mar 13, 2013 | $34.86 |
| Apr 9, 2013 | $34.86 | Mar 13, 2013 | $0.87 |
| Apr 30, 2013 | $29.41 | ||
| May 19, 2013 | $4.58 | ||
| May 9, 2013 | $34.86 | May 19, 2013 | $13.07 |
| May 29, 2013 | $21.79 | ||
| Jun 9, 2013 | $34.86 | May 29, 2013 | $0.02 |
| Jun 20, 2013 | $18.39 | ||
| Jun 30, 2013 | $16.45 | ||
| Jul 9, 2013 | $34.86 | Jun 30, 2013 | $0.02 |
| Jul 20, 2013 | $23.53 | ||
| Jul 30, 2013 | $11.31 | ||
| Aug 9, 2013 | $34.86 | Jul 30, 2013 | $0.46 |
| Aug 18, 2013 | $16.47 | ||
| Sep 1, 2013 | $17.65 | ||
| Oct 14, 2013 | $0.28 | ||
| Sep 9, 2013 | $34.86 | Oct 14, 2013 | $34.86 |
| Oct 9, 2013 | $34.86 | Oct 14, 2013 | $0.15 |
| Oct 24, 2013 | $34.71 | ||
| Nov 9, 2013 | $34.86 | Oct 24, 2013 | $0.59 |
| Dec 11, 2013 | $34.27 | ||
| Dec 9, 2013 | $34.86 | Dec 11, 2013 | $14.91 |
| Dec 25, 2013 | $19.95 | ||
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