Entrepreneur
Name
Jacqueline
Member since
October 2016
On-time repayments
43 installments • 72%
About Me
As a teen, I used to drive my mother crazy with my constant need for supplies to make household items for sale. Without much, and with little she could spare, she would buy me items to make supplies such as cleaning materials. After school, I further developed this work as a income-making hobby while working as a community worker.
However, when my job came to an end, I took up the household goods trade in full. I used all my savings and began trading from my house. Over time, I have gained a good customer base, but with a great need for capital in order to keep up with enough inventory.
My Business
My business involves selling a supply of household items: cutlery, crockery, cooking equipment and food preparation accessories. I began selling to individuals door to door and, over time, I have managed to engage a couple of schools to supply them with household and kitchen accessories.
I have 2 permanent employees, 2 temporary staff and, from time to time, engage young adults with no income for casual employment whenever we have more orders to service. We hope, with steady business and constant cash flow over time, we are able to create more jobs for youth within our community.
Our appeal is for a capital boost to service the current pending purchase order for energy-saving cook stoves for a school. This is an initiative to introduce an environmentally friendly cook stove that uses cost-effective fuel.
Thank you for taking a chance on our business and cause.
Loan Proposal
The loan that I will get I will use to increase the stock of my business so that I can be able to increase my profit earning and improve on my record of repayment
About Me
As a teen, I used to drive my mother crazy with constant need for supplies to make household items for sale... with much and little she could spare she would buy me items to make to supplies such as cleaning materials. After school, ifurther developed this as a income making hobby while working as a community worker.
However, when my job came to an end, I took up the trade in full. I used all my savings and began trading from my house. Over time I have gained good customer base but with great need for capital in order to keep up with enough inventory.
My Business
My business involves supply of household items...cutlery, crockery, cooking equipment and food preparation accessories... I began selling to individuals..door to door and over time I have managed to engage a couple of schools to supply them with household and kitchen accessories.
i have 2 permanent employees, 2 temporary staff and from time to time engage young adults with no income, for casual employment whenever we have more orders to service. We hope with steady business and constant cash flow over time we are able to create more jobs for youth within our community.
Our appeal is for capital boost to service the current pending purchase order for energy saving cook stoves for a school. This is an initiative to introduce environment friendly cook stove that use cost effective fuel.
The problem why my on time payment is low is that I never knew that when I dely one week without paying and the I pay the next double of what I should have paid the previous week now that I have been told by my mentor I will try to pay my next loan on time
Thank you for taking a chance on our business and cause.
Loan Proposal
The loan that I will get I will use to increase the stock of my business so that I can be able to increase my profit earning and improve on my record of repayment
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$42.00
Date disbursed
Jan 25, 2018
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Summary
Amount repaid
$42.75
Amount remaining
$0.00
Date repaid
Mar 31, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 4, 2018 | $4.93 | Feb 12, 2018 | $4.93 |
| Feb 11, 2018 | $4.93 | Feb 12, 2018 | $4.93 |
| Feb 18, 2018 | $4.93 | Feb 12, 2018 | $4.93 |
| Feb 25, 2018 | $4.93 | Mar 2, 2018 | $4.93 |
| Mar 4, 2018 | $4.93 | Mar 2, 2018 | $4.93 |
| Mar 11, 2018 | $4.93 | Mar 22, 2018 | $4.93 |
| Mar 18, 2018 | $4.93 | Mar 22, 2018 | $4.93 |
| Mar 25, 2018 | $4.93 | Mar 31, 2018 | $4.93 |
| Apr 1, 2018 | $3.33 | Mar 31, 2018 | $3.33 |
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