Increase stock and variety for sale
Justus
Kisumu, Kenya
$0 to go
100% funded of $360 goal
0
days left
Entrepreneur
Name
Justus
Member since
May 2016
On-time repayments
82 installments • 9%
About Me
I was born in Embu County in a farming family back ground ,after my primary/secondary school education, I am now in Kisumu with my family, I have stated a business of designing/making of man/ladies shoes where by it is the dream I am majoring in and grow in it to help my family / community and I also hope to train youths to do the same for their earnings .
My Business
I buy whole sales curios and other artwork to retail at the famous Maasai Market in Kenya. I also deal in designing/making of shoes - maasai beaded sandals. I started in 2013 with an assistance of one of our church deacon in some work. He trained me in it and now I am qualified and on my own. I have a goal of growing in this to accommodating others in need and help my family. I am so far very proud in this business and ready to grow in it, my customers are open to all and not a particular group.
The broad variety of merchandise and customer base in this business allows diverse entrepreneurship and opportunities for fast growth. I am therefore seeking resources to be more competitive and to expand my business.
In a month i make profits of $200 which i use to pay school fees for my children and the rest i reinvest in the business.
Loan Proposal
I will use the loan to increase my stock and also engage artisans to make the merchandise for me instead of buying whole sale. This will increase my profit margin. I realize that this will cost more than Kshs 30,000. The loan will supplement what I have thus enabling advance towards my goal.
The loan will have an impact on my business through increased stock and variety which will increase my profit margin.
With increased profit, the loan will help educate my children thus giving them a strong foundation for socioeconomic development. In addition, the loan will help meet my other basic needs thus improving my livelihood and that of my family.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$360.00
Date disbursed
Aug 5, 2016
Repayment status
Late
Projected term
17 months
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Summary
Amount repaid
$0.00
Amount remaining
$378.00
Expected completion
Jan 14, 2018
Status
Repaying late
Installment amount
$5.04
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 14, 2016 | $5.04 | ||
| Aug 21, 2016 | $5.04 | ||
| Aug 28, 2016 | $5.04 | ||
| Sep 4, 2016 | $5.04 | ||
| Sep 11, 2016 | $5.04 | ||
| Sep 18, 2016 | $5.04 | ||
| Sep 25, 2016 | $5.04 | ||
| Oct 2, 2016 | $5.04 | ||
| Oct 9, 2016 | $5.04 | ||
| Oct 16, 2016 | $5.04 | ||
| Oct 23, 2016 | $5.04 | ||
| Oct 30, 2016 | $5.04 | ||
| Nov 6, 2016 | $5.04 | ||
| Nov 13, 2016 | $5.04 | ||
| Nov 20, 2016 | $5.04 | ||
| Nov 27, 2016 | $5.04 | ||
| Dec 4, 2016 | $5.04 | ||
| Dec 11, 2016 | $5.04 | ||
| Dec 18, 2016 | $5.04 | ||
| Dec 25, 2016 | $5.04 | ||
| Jan 1, 2017 | $5.04 | ||
| Jan 8, 2017 | $5.04 | ||
| Jan 15, 2017 | $5.04 | ||
| Jan 22, 2017 | $5.04 | ||
| Jan 29, 2017 | $5.04 | ||
| Feb 5, 2017 | $5.04 | ||
| Feb 12, 2017 | $5.04 | ||
| Feb 19, 2017 | $5.04 | ||
| Feb 26, 2017 | $5.04 | ||
| Mar 5, 2017 | $5.04 | ||
| Mar 12, 2017 | $5.04 | ||
| Mar 19, 2017 | $5.04 | ||
| Mar 26, 2017 | $5.04 | ||
| Apr 2, 2017 | $5.04 | ||
| Apr 9, 2017 | $5.04 | ||
| Apr 16, 2017 | $5.04 | ||
| Apr 23, 2017 | $5.04 | ||
| Apr 30, 2017 | $5.04 | ||
| May 7, 2017 | $5.04 | ||
| May 14, 2017 | $5.04 | ||
| May 21, 2017 | $5.04 | ||
| May 28, 2017 | $5.04 | ||
| Jun 4, 2017 | $5.04 | ||
| Jun 11, 2017 | $5.04 | ||
| Jun 18, 2017 | $5.04 | ||
| Jun 25, 2017 | $5.04 | ||
| Jul 2, 2017 | $5.04 | ||
| Jul 9, 2017 | $5.04 | ||
| Jul 16, 2017 | $5.04 | ||
| Jul 23, 2017 | $5.04 | ||
| Jul 30, 2017 | $5.04 | ||
| Aug 6, 2017 | $5.04 | ||
| Aug 13, 2017 | $5.04 | ||
| Aug 20, 2017 | $5.04 | ||
| Aug 27, 2017 | $5.04 | ||
| Sep 3, 2017 | $5.04 | ||
| Sep 10, 2017 | $5.04 | ||
| Sep 17, 2017 | $5.04 | ||
| Sep 24, 2017 | $5.04 | ||
| Oct 1, 2017 | $5.04 | ||
| Oct 8, 2017 | $5.04 | ||
| Oct 15, 2017 | $5.04 | ||
| Oct 22, 2017 | $5.04 | ||
| Oct 29, 2017 | $5.04 | ||
| Nov 5, 2017 | $5.04 | ||
| Nov 12, 2017 | $5.04 | ||
| Nov 19, 2017 | $5.04 | ||
| Nov 26, 2017 | $5.04 | ||
| Dec 3, 2017 | $5.04 | ||
| Dec 10, 2017 | $5.04 | ||
| Dec 17, 2017 | $5.04 | ||
| Dec 24, 2017 | $5.04 | ||
| Dec 31, 2017 | $5.04 | ||
| Jan 7, 2018 | $5.04 | ||
| Jan 14, 2018 | $4.93 | ||
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