Loan to buy more art supplies to improve my art business

Samwel

Eldoret, Kenya

Funds disbursed

$0 to go

100% funded of $150 goal

0

days left

Entrepreneur

Name

Samwel

Member since

December 2015

On-time repayments

53 installments  •  0%

About Me

My name is Samwel. l stay in Eldoret. My childhood and adult life has been in Eldoret .l schooled in Uasin Gishu primary and my secondary was in Menengai high school nakuru. After that l went to college for art and design.
I have gone through a lot of hardships but emerged stronger.l chose to remain positive and join business groups around where l work. They supported me a lot and i manged to overcome some of the hardship through that support.
The culture in Eldoret is cosmopolitan kind of setting and people are attached to the land making it what people value most as it appreciates fast.
l started my curio shop 2years ago after college. Eldoret being a tourist center on its own is what made me to start a business that would tap on business brought by tourism.
When my children grow up l would like the best of what l never had.l have to support them in school and would like them to be teachers. As teachers shaped my life
In my free time l mentor children in art and design and make them feel with what they like doing.

My Business

I have a curio shop that is located in Eldoret town. l sell wood curvings stone curvings and also drawings done one clothes(batik)these are ornamental items.
When tourists come to Kenya they like taking back with them a souvenir and also something to add beauty to their houses.l also make bangles that are also worn by the locals some have name tags inscribed on them.
l started this business when l realized my talent of making such items and saw the tourists and locals as being a strong market for me.
I make profits in this business and in a month averagely l get between $170 and $200. I use this money to expand my business and pay my bills and take my kid to school.

Loan Proposal

Given the loan together with my savings i will buy the following .
Buy paintings materials (canvass @ 40$ , papers30$ and paint : oil paint30$ ,water color 20 $ ) for 120 $.
Buy sculptures and other items from my fellow artist at wholesale price to stock my shop@ 100$ .This will improve tourist who would want to make one stop buying.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jan 8, 2016

Repayment status

Late

Projected term

12 months

Lenders

Pomaikai

Jersey City, United States

mepster

San Francisco, Ca, United States

MW

Matt Willis

United States

W

Wade

United States

AS

Aida Smith

United States

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Summary

Amount repaid

$0.00

Amount remaining

$157.68

Expected completion

Jan 13, 2017

Status

Repaying late

Installment amount

$3.00

Repayment History

Expected Payments Actual Payments
Jan 15, 2016 $3.00
Jan 22, 2016 $3.00
Jan 29, 2016 $3.00
Feb 5, 2016 $3.00
Feb 12, 2016 $3.00
Feb 19, 2016 $3.00
Feb 26, 2016 $3.00
Mar 4, 2016 $3.00
Mar 11, 2016 $3.00
Mar 18, 2016 $3.00
Mar 25, 2016 $3.00
Apr 1, 2016 $3.00
Apr 8, 2016 $3.00
Apr 15, 2016 $3.00
Apr 22, 2016 $3.00
Apr 29, 2016 $3.00
May 6, 2016 $3.00
May 13, 2016 $3.00
May 20, 2016 $3.00
May 27, 2016 $3.00
Jun 3, 2016 $3.00
Jun 10, 2016 $3.00
Jun 17, 2016 $3.00
Jun 24, 2016 $3.00
Jul 1, 2016 $3.00
Jul 8, 2016 $3.00
Jul 15, 2016 $3.00
Jul 22, 2016 $3.00
Jul 29, 2016 $3.00
Aug 5, 2016 $3.00
Aug 12, 2016 $3.00
Aug 19, 2016 $3.00
Aug 26, 2016 $3.00
Sep 2, 2016 $3.00
Sep 9, 2016 $3.00
Sep 16, 2016 $3.00
Sep 23, 2016 $3.00
Sep 30, 2016 $3.00
Oct 7, 2016 $3.00
Oct 14, 2016 $3.00
Oct 21, 2016 $3.00
Oct 28, 2016 $3.00
Nov 4, 2016 $3.00
Nov 11, 2016 $3.00
Nov 18, 2016 $3.00
Nov 25, 2016 $3.00
Dec 2, 2016 $3.00
Dec 9, 2016 $3.00
Dec 16, 2016 $3.00
Dec 23, 2016 $3.00
Dec 30, 2016 $3.00
Jan 6, 2017 $3.00
Jan 13, 2017 $1.68

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