Inventory to expand my business
Christopher
Naivasha, Kenya
$0 to go
100% funded of $150 goal
0
days left
Entrepreneur
Name
Christopher
Member since
September 2015
On-time repayments
32 installments • 0%
About Me
I am Chris from Naivasha Kenya. Naivasha is known for the production of export flowers. Its also a tourist hub with many game parks including Lake Naivasha. I grew up in a society that values physical hard work than mental work
I was born in Nyahururu where i underwent primary and secondary education. Currently am a 3rd year student at the University of Nairobi pursuing Bsc Agribusiness Management. Hardship to fund my education and my love for enterpreneurship motivated me to start a business with cash from friends. During my free time i love playing football, watching movies and reading inspirational books
My Business
my business entails selling of second hand female wear. I get my stock from gikomba which is approximately two hour drive from Naivasha after which i come and sell them at a profit of a 100%. i buy each at ksh 100 and sell at ksh 200.Most of the revenue goes vack to the business since the scale of operation is still low.while i save a small proportion of it for my school fees and upkeep
Loan Proposal
I will use the finances to buy inventory to expand the scale of operation of my businessThis will help me secure a fixed premise in town in the long run which has been a concern by my customers as well as avoiding a challenge of adverse weather conditions. Having increased the size of my stock, i expect an average daily sale of $60 hence an average daily profit of $10 to $15.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Dec 21, 2015
Repayment status
Late
Projected term
7 months
Lenders
Fontvielle, Monaco, Yemen
Taiwan
United States
United States
Australia
Summary
Amount repaid
$0.00
Amount remaining
$157.68
Expected completion
Aug 7, 2016
Status
Repaying late
Installment amount
$5.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 3, 2016 | $5.00 | ||
| Jan 10, 2016 | $5.00 | ||
| Jan 17, 2016 | $5.00 | ||
| Jan 24, 2016 | $5.00 | ||
| Jan 31, 2016 | $5.00 | ||
| Feb 7, 2016 | $5.00 | ||
| Feb 14, 2016 | $5.00 | ||
| Feb 21, 2016 | $5.00 | ||
| Feb 28, 2016 | $5.00 | ||
| Mar 6, 2016 | $5.00 | ||
| Mar 13, 2016 | $5.00 | ||
| Mar 20, 2016 | $5.00 | ||
| Mar 27, 2016 | $5.00 | ||
| Apr 3, 2016 | $5.00 | ||
| Apr 10, 2016 | $5.00 | ||
| Apr 17, 2016 | $5.00 | ||
| Apr 24, 2016 | $5.00 | ||
| May 1, 2016 | $5.00 | ||
| May 8, 2016 | $5.00 | ||
| May 15, 2016 | $5.00 | ||
| May 22, 2016 | $5.00 | ||
| May 29, 2016 | $5.00 | ||
| Jun 5, 2016 | $5.00 | ||
| Jun 12, 2016 | $5.00 | ||
| Jun 19, 2016 | $5.00 | ||
| Jun 26, 2016 | $5.00 | ||
| Jul 3, 2016 | $5.00 | ||
| Jul 10, 2016 | $5.00 | ||
| Jul 17, 2016 | $5.00 | ||
| Jul 24, 2016 | $5.00 | ||
| Jul 31, 2016 | $5.00 | ||
| Aug 7, 2016 | $2.68 | ||
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