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.
Dear lenders, if i succeed in raising this loan i will channel all the moneys raised in buying more stock for my boutique. i project to buy two bales of 2nd hand clothes and also some shoes which is a new service am adding to my business. two bales of 2ndhand clothes will cost me approximately 300 US dollars while i plan to stock ladies shoes only for a start at a cost of approximately 30 US dollars. with this in stock i expect to raise my net profits by 100 US dollars quarterly. i also expect to raise my customer satisfaction to 70%. my children will also enjoy an increased life essential commodities supply and i myself will also increase my savings for my children school fees. thank you.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$42.00
Date disbursed
Jun 10, 2017
Repayment status
On Time
Projected term
8 months
Other loans
Amount repaid
$41.64
Amount remaining
$0.00
Date repaid
Sep 18, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 18, 2017 | $0.99 | Jun 22, 2017 | $0.99 |
Jun 25, 2017 | $0.99 | Jun 24, 2017 | $0.99 |
Jul 2, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Jul 9, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Jul 16, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Jul 23, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Jul 30, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Aug 6, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Aug 13, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Aug 20, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Aug 27, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Sep 3, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Sep 10, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Sep 17, 2017 | $0.99 | Aug 4, 2017 | $0.99 |
Sep 24, 2017 | $0.99 | Aug 4, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Oct 1, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Oct 8, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Oct 15, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Oct 22, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Oct 29, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Nov 5, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Nov 12, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Nov 19, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Nov 26, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Dec 3, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Dec 10, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Dec 17, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Dec 24, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Dec 31, 2017 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Jan 7, 2018 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Jan 14, 2018 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Jan 21, 2018 | $0.99 | Sep 13, 2017 | $0.60 |
Sep 13, 2017 | $0.39 | ||
Jan 28, 2018 | $0.60 | Sep 13, 2017 | $0.60 |
Feb 4, 2018 | $2.96 | Sep 17, 2017 | $0.99 |
Sep 17, 2017 | $0.99 | ||
Sep 17, 2017 | $0.99 | ||
Feb 11, 2018 | $2.96 | Sep 17, 2017 | $0.99 |
Sep 17, 2017 | $0.99 | ||
Sep 17, 2017 | $0.99 | ||
Feb 18, 2018 | $2.96 | Sep 17, 2017 | $0.99 |
Sep 17, 2017 | $0.99 | ||
Sep 18, 2017 | $0.99 | ||
Feb 25, 2018 | $0.51 | Sep 18, 2017 | $0.51 |
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