Introduce cabbage to my vegetable stall
Conslata
Siaya, Kenya
100% repaid
Entrepreneur
Name
Conslata
Member since
February 2015
On-time repayments
25 installments • 44%
About Me
My name is conslata Achieng, I am the second born in a family of four. I went to sega primary school and sega township secondary school . I completed my o-level in 2012 and has not been able to join college. I am single with one kid aged 1 year.
My husband who was a driver had a bad accident in September last year and passed on leaving me with a s month old kid . I was so depressed ,to be a widow at tender age ,but had no otherwise. After the death of my husband I was the sole bread winner for my son and my nephew. I had to look for income to sustain them. i started my business of selling vegetables so that i could provide for my young family.I started with $30 loan from a friend ,the business has expanded and is worthy $200 today.
The unique culture in our traditional folk song and dance.
I am good dancer and singer ,I sing for my widows group band and it earns us income that we use to support ourselves with.
My Business
I sell tomatoes ,capsicum,onions,tulips,kale's and other vegetables depending on prices and availability of the products.
These goods are very important as people use the as vegetables or spices to add taste to various meals . Most families are used to this products and are always consuming them on daily basis.hence high demand.
In a month I spend $200 buying my products for resale. In a good month I make $150 in profits. I reinvest the money ,pay fees for my nephew and take care of my young family general expenses.
Loan Proposal
I am so thankful for the first loan,it was very helpful and it helped my business expand. I am requesting for a second loan to facilitate expansion of my business so that I add new products which will include wholesale for cabbages. I will buy cabbages in wholesale and resale it. I expect my revenues and profits tom increase by at least 50%. Thank you in advance for your support.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
May 6, 2015
Repayment status
On Time
Projected term
6 weeks
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Summary
Amount repaid
$210.27
Amount remaining
$0.00
Date repaid
Jun 16, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 17, 2015 | $35.04 | May 17, 2015 | $35.04 |
| May 24, 2015 | $35.04 | Jun 1, 2015 | $35.04 |
| May 31, 2015 | $35.04 | Jun 1, 2015 | $35.04 |
| Jun 7, 2015 | $35.04 | Jun 9, 2015 | $35.04 |
| Jun 14, 2015 | $35.04 | Jun 9, 2015 | $2.73 |
| Jun 15, 2015 | $32.31 | ||
| Jun 21, 2015 | $35.04 | Jun 15, 2015 | $1.71 |
| Jun 16, 2015 | $33.33 | ||
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