Entrepreneur
Name
Faith
Member since
September 2014
On-time repayments
40 installments • 75%
About Me
Am a 1st born in a family of 3 children where by father and mother are retired.I finished my primary and secondary school then was taking ABE UK studies in Kenya where by I failed to pay my school fees so I started learning bead work like making handbags hearings necklaces and flowers for making leather shoes (Maasai shoes) so that I will be able to afford paying my school fees and open my own company for East Africa Culture products.
I like traveling and learning new things,swimming and watching movies.
My Business
Dear lenders,
This year i open another business which is shop for home staffs and materials for making Maasai sandals and accessories (beads,fishing line and twine ropes). Thanks God i got a suitable place where by i can manage to make sales of 45 to 85usd per day that is a total sales of beads, fishing lines fishing twin and other home use staffs.
Loan Proposal
As i got an order for the leather sandals i will use the loan to buy materials (leather,beads,gum,sole etc) and pay for labour.Cost for making 1pair of a sandal is 6usd so i will manage to get 31pairs from the loan and last loan profit(60usd)
In this order because is a wholesale i will generate profit of 3usd each.
I expect to get profit of 93usd.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$132.00
Date disbursed
Mar 6, 2017
Repayment status
On Time
Projected term
7 weeks
Other loans
Lenders
Summary
Amount repaid
$131.51
Amount remaining
$0.00
Date repaid
Apr 29, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 13, 2017 | $20.65 | Mar 13, 2017 | $20.65 |
| Mar 20, 2017 | $20.65 | Mar 20, 2017 | $20.65 |
| Mar 27, 2017 | $20.65 | Apr 2, 2017 | $20.65 |
| Apr 3, 2017 | $20.65 | Apr 3, 2017 | $20.65 |
| Apr 10, 2017 | $20.65 | Apr 10, 2017 | $20.65 |
| Apr 17, 2017 | $20.65 | Apr 17, 2017 | $20.65 |
| Apr 24, 2017 | $7.58 | Apr 29, 2017 | $7.58 |
Ask Faith a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.