Selling uniforms to support my charitable school
Charles
Nairobi City, Kenya
100% repaid
Entrepreneur
Name
Charles
Member since
June 2014
On-time repayments
108 installments • 59%
About Me
I grew up in a remote village in Western Kenya along the shores of Lake Victoria.I was involved in child labour since I started fishing at a tender age of 6,this was because I was an orphan. Through my perseverance and community support managed to go to school and overcome all these. I started this business because I also wanted to give back community and that is why I chose school business and currently there are 40 orphans and vulnerable who are learning at the centre free of charge ,we managed to register 20 this year 2015.
Kayole being in a city has almost all the communities in Kenya with diverse culture, I would like my children to do community work in future and I like watching football and I am the most loyal supporter of Chelsea Football Club in Kenya.
My Business
I do two businesses in one; I provide services in form of education and also sell school uniforms to the children at the school and others in the community. The uniforms are in high demand when the year starts since most of the children will be in need of new school uniform and others might have changed school. I choose this business because it is a long term business since children are born daily and clothing in a basic need and education is also important. A full school uniform cost $ 8 and can be sold @ $ 12.The profits are ploughed back to the business to expand it and also support the orphans and vulnerable children at the centre.
Loan Proposal
I will use the laon to add more uniform stock.I will purchase sweaters,shirts,trousors,socks,tshirts and truck suits for the children.I will also use part of the many to print t-shirts and truck and as well emroid sweaters.This will help improve my business as well support the orphans and vulnerable children at the project.The profits will increase by about 30 %.
Feedback
Positive
3
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$460.00
Date disbursed
Jun 1, 2015
Repayment status
On Time
Projected term
9 months
Other loans
Lenders
Gold River, Canada
CORVALLIS, United States
United States
Austria
United States
Ask Charles a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$484.31
Amount remaining
$0.00
Date repaid
Mar 2, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 14, 2015 | $34.59 | Jun 14, 2015 | $34.59 |
| Jun 21, 2015 | $10.53 | Jun 20, 2015 | $10.53 |
| Jun 28, 2015 | $10.53 | Jun 26, 2015 | $10.53 |
| Jul 5, 2015 | $10.53 | Jun 26, 2015 | $10.53 |
| Jul 12, 2015 | $10.53 | Jun 26, 2015 | $10.53 |
| Jul 19, 2015 | $10.53 | Jun 26, 2015 | $10.53 |
| Jul 26, 2015 | $10.53 | Jul 26, 2015 | $10.53 |
| Aug 2, 2015 | $10.53 | Jul 26, 2015 | $10.53 |
| Aug 9, 2015 | $10.53 | Jul 26, 2015 | $10.53 |
| Aug 16, 2015 | $10.53 | Jul 26, 2015 | $10.53 |
| Aug 23, 2015 | $10.53 | Jul 27, 2015 | $10.53 |
| Aug 30, 2015 | $10.53 | Jul 27, 2015 | $10.53 |
| Sep 6, 2015 | $10.53 | Jul 27, 2015 | $10.53 |
| Sep 13, 2015 | $10.53 | Sep 13, 2015 | $10.53 |
| Sep 20, 2015 | $10.53 | Sep 20, 2015 | $10.53 |
| Sep 27, 2015 | $2.11 | Sep 28, 2015 | $2.11 |
| Oct 4, 2015 | $2.11 | Sep 28, 2015 | $2.11 |
| Oct 11, 2015 | $2.11 | Sep 28, 2015 | $2.11 |
| Oct 18, 2015 | $2.11 | Sep 28, 2015 | $2.11 |
| Oct 25, 2015 | $2.11 | Sep 28, 2015 | $2.11 |
| Nov 1, 2015 | $2.11 | Nov 12, 2015 | $2.11 |
| Nov 8, 2015 | $2.11 | Nov 12, 2015 | $2.11 |
| Nov 15, 2015 | $2.11 | Nov 15, 2015 | $2.11 |
| Nov 22, 2015 | $2.11 | Nov 15, 2015 | $2.11 |
| Nov 29, 2015 | $2.11 | Nov 15, 2015 | $2.11 |
| Dec 6, 2015 | $2.11 | Nov 15, 2015 | $2.11 |
| Dec 13, 2015 | $2.11 | Nov 15, 2015 | $2.11 |
| Dec 20, 2015 | $2.11 | Nov 15, 2015 | $2.11 |
| Dec 27, 2015 | $2.11 | Jan 13, 2016 | $2.11 |
| Jan 3, 2016 | $2.11 | Jan 13, 2016 | $2.11 |
| Jan 10, 2016 | $2.11 | Jan 13, 2016 | $2.11 |
| Jan 17, 2016 | $2.11 | Jan 13, 2016 | $2.11 |
| Jan 24, 2016 | $2.11 | Feb 10, 2016 | $2.11 |
| Jan 31, 2016 | $2.11 | Feb 10, 2016 | $2.11 |
| Feb 7, 2016 | $2.11 | Feb 10, 2016 | $2.11 |
| Feb 14, 2016 | $2.11 | Feb 10, 2016 | $2.11 |
| Feb 21, 2016 | $0.00 | ||
| Feb 28, 2016 | $0.00 | ||
| Mar 6, 2016 | $52.63 | Mar 1, 2016 | $6.32 |
| Mar 2, 2016 | $46.32 | ||
| Mar 13, 2016 | $52.63 | Mar 2, 2016 | $52.63 |
| Mar 20, 2016 | $152.87 | Mar 2, 2016 | $152.87 |
Loading...