Name
Gladys
Member since
October 2016
On-time repayments
86 installments • 50%
I was born and raised up by a single mother. I couldn't afford proper education but by sheer struggles and determination I vowed never to accept to be bound by chains of poverty. I left the village to a nearby town to try to make a life. I met a friend who introduced me to her line of business( cloth selling). after a few years of working under her I decided to launch my own business using the little money I had saved from my salary. I set up a small cloth shop which I run up to now as a sole proprietor.
I sell 2nd hand clothes. my goods are very important since I live in a community which is impoverished and can not afford first hand clothes. I am therefore able to a attend to their clothing needs which is a basic human need. I chose this type of business because I had learned a few trade skills in this line from my friend whom I initially worked for. I basically use 30 thousand Kenya shillings to purchase a bale of clothes from an importer after every month. in return I get a profit of 20 thousands after sale of each bale.I use profits raised to restock my business and cater for my family needs.
If I successfully raise this loan, I will used the moneys raised to get an inventory for my clothing's sales.This will go a great length into improving my clothing business and meet my customers needs precisely as I will be able to keep an inventory of all my stock.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$22.00
Date disbursed
Oct 25, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Amount repaid
$21.60
Amount remaining
$0.00
Date repaid
Jan 13, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 6, 2016 | $1.01 | Oct 25, 2016 | $1.01 |
Nov 13, 2016 | $1.01 | Oct 25, 2016 | $1.01 |
Nov 20, 2016 | $1.01 | Oct 25, 2016 | $1.01 |
Nov 27, 2016 | $1.01 | Oct 25, 2016 | $1.01 |
Dec 4, 2016 | $0.50 | Oct 25, 2016 | $0.50 |
Dec 11, 2016 | $3.02 | Nov 16, 2016 | $1.01 |
Nov 16, 2016 | $1.01 | ||
Dec 14, 2016 | $1.01 | ||
Dec 18, 2016 | $3.02 | Dec 14, 2016 | $1.01 |
Dec 14, 2016 | $1.01 | ||
Dec 25, 2016 | $1.01 | ||
Dec 25, 2016 | $3.02 | Dec 25, 2016 | $1.01 |
Dec 25, 2016 | $1.01 | ||
Dec 25, 2016 | $1.01 | ||
Jan 1, 2017 | $3.02 | Dec 28, 2016 | $1.01 |
Dec 28, 2016 | $1.01 | ||
Dec 28, 2016 | $1.01 | ||
Jan 8, 2017 | $0.00 | ||
Jan 15, 2017 | $4.96 | Jan 13, 2017 | $1.01 |
Jan 13, 2017 | $1.01 | ||
Jan 13, 2017 | $1.01 | ||
Jan 13, 2017 | $1.01 | ||
Jan 13, 2017 | $0.91 | ||
Jan 13, 2017 | $0.02 |
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