Entrepreneur
Name
Viola
Member since
April 2015
On-time repayments
173 installments • 3%
About Me
since my childhood i have been interested in making my own money through business,i always had a dream of owning a shop selling clothes on fashion which i was sure would bring in cash.i joined a youth group in which we contributed 300 shillings each weekly,it was not easy getting the amount but i struggled alot.with time we had saved enough to borrow business loan,the loan was shared equally among us.i then bought stock for my shop the business has been successful but adding stock has been my major problem since i have to pay rent and electricity bills for the shop.my shop is in a strategic position where campus students can easily access and they have been loyal customers.
My Business
i have been selling ladies dresses which are on fashion,most ladies these days prefer putting on dresses compared to trousers and with time i would like to add shoes to my stock.ladies are good at buying clothes especially those on fashion and thats why i chose to concentrate mainly on ladies dresses since they buy them anytime of the year.the shop rent has been increased and that has been my major challenge my revenue has always been my savings which are not sufficient since i want to grow my business .if i get money to add my stock i will sell more and will definately have enough money for my expenses and for repaying the loan.i have been using my profits to grow my business since i dont have a kid to take care of by now.
Loan Proposal
i want to buy new clothes for sell each dress will cost 4.5 dollars thats means i will add about 18 dresses.these dresses will each be sold at 16 dollars and that will earn a profit of 12 dollars per dress.this amount will enable me to repay my loan and get more savings.i will be able to sell unique clothes and of different varieties which will help me get more customers hence my business will expand.i therefore expect a 50% increase of profit to my business and this will enable me to add shoes to my stock also with time.if this loan is approved my goals in business will have been fulfilled since i will have the best clothing shop in town.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$73.00
Date disbursed
May 6, 2017
Repayment status
Late
Projected term
40 months
Lenders
Summary
Amount repaid
$23.67
Amount remaining
$48.94
Expected completion
Sep 3, 2020
Status
Repaying late
Installment amount
$0.49
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 18, 2017 | $4.93 | May 24, 2017 | $4.93 |
| May 25, 2017 | $4.93 | May 24, 2017 | $1.48 |
| Jun 1, 2017 | $3.45 | ||
| Jun 1, 2017 | $4.93 | Jun 1, 2017 | $4.93 |
| Jun 8, 2017 | $0.00 | ||
| Jun 15, 2017 | $0.00 | ||
| Jun 22, 2017 | $0.00 | ||
| Jun 29, 2017 | $0.00 | ||
| Jul 6, 2017 | $0.00 | ||
| Jul 13, 2017 | $2.47 | Aug 18, 2017 | $2.47 |
| Jul 20, 2017 | $2.47 | Aug 18, 2017 | $2.47 |
| Jul 27, 2017 | $0.00 | ||
| Aug 3, 2017 | $0.00 | ||
| Aug 10, 2017 | $0.00 | ||
| Aug 17, 2017 | $0.00 | ||
| Aug 24, 2017 | $0.99 | Oct 1, 2017 | $0.99 |
| Aug 31, 2017 | $0.99 | Oct 11, 2017 | $0.99 |
| Sep 7, 2017 | $0.00 | ||
| Sep 14, 2017 | $0.00 | ||
| Sep 21, 2017 | $0.00 | ||
| Sep 28, 2017 | $0.00 | ||
| Oct 5, 2017 | $0.00 | ||
| Oct 12, 2017 | $0.00 | ||
| Oct 19, 2017 | $0.00 | ||
| Oct 26, 2017 | $0.00 | ||
| Nov 2, 2017 | $0.00 | ||
| Nov 9, 2017 | $0.00 | ||
| Nov 16, 2017 | $0.00 | ||
| Nov 23, 2017 | $0.00 | ||
| Nov 30, 2017 | $0.00 | ||
| Dec 7, 2017 | $0.00 | ||
| Dec 14, 2017 | $0.00 | ||
| Dec 21, 2017 | $0.00 | ||
| Dec 28, 2017 | $0.00 | ||
| Jan 4, 2018 | $0.00 | ||
| Jan 11, 2018 | $0.00 | ||
| Jan 18, 2018 | $0.00 | ||
| Jan 25, 2018 | $0.00 | ||
| Feb 1, 2018 | $0.00 | ||
| Feb 8, 2018 | $0.00 | ||
| Feb 15, 2018 | $0.00 | ||
| Feb 22, 2018 | $0.00 | ||
| Mar 1, 2018 | $0.00 | ||
| Mar 8, 2018 | $0.00 | ||
| Mar 15, 2018 | $0.00 | ||
| Mar 22, 2018 | $0.00 | ||
| Mar 29, 2018 | $0.00 | ||
| Apr 5, 2018 | $0.00 | ||
| Apr 12, 2018 | $0.00 | ||
| Apr 19, 2018 | $0.00 | ||
| Apr 26, 2018 | $0.00 | ||
| May 3, 2018 | $0.00 | ||
| May 10, 2018 | $0.00 | ||
| May 17, 2018 | $0.00 | ||
| May 24, 2018 | $0.00 | ||
| May 31, 2018 | $0.00 | ||
| Jun 7, 2018 | $0.00 | ||
| Jun 14, 2018 | $0.00 | ||
| Jun 21, 2018 | $0.00 | ||
| Jun 28, 2018 | $0.00 | ||
| Jul 5, 2018 | $0.00 | ||
| Jul 12, 2018 | $0.00 | ||
| Jul 19, 2018 | $0.00 | ||
| Jul 26, 2018 | $0.00 | ||
| Aug 2, 2018 | $0.00 | ||
| Aug 9, 2018 | $0.00 | ||
| Aug 16, 2018 | $0.37 | Oct 11, 2017 | $0.37 |
| Aug 23, 2018 | $0.99 | Oct 11, 2017 | $0.61 |
| Nov 10, 2019 | $0.37 | ||
| Aug 30, 2018 | $0.61 | Nov 10, 2019 | $0.61 |
| Sep 6, 2018 | $0.00 | ||
| Sep 13, 2018 | $0.00 | ||
| Sep 20, 2018 | $0.00 | ||
| Sep 27, 2018 | $0.00 | ||
| Oct 4, 2018 | $0.00 | ||
| Oct 11, 2018 | $0.00 | ||
| Oct 18, 2018 | $0.00 | ||
| Oct 25, 2018 | $0.00 | ||
| Nov 1, 2018 | $0.00 | ||
| Nov 8, 2018 | $0.00 | ||
| Nov 15, 2018 | $0.00 | ||
| Nov 22, 2018 | $0.00 | ||
| Nov 29, 2018 | $0.00 | ||
| Dec 6, 2018 | $0.00 | ||
| Dec 13, 2018 | $0.00 | ||
| Dec 20, 2018 | $0.00 | ||
| Dec 27, 2018 | $0.00 | ||
| Jan 3, 2019 | $0.00 | ||
| Jan 10, 2019 | $0.00 | ||
| Jan 17, 2019 | $0.00 | ||
| Jan 24, 2019 | $0.00 | ||
| Jan 31, 2019 | $0.00 | ||
| Feb 7, 2019 | $0.00 | ||
| Feb 14, 2019 | $0.00 | ||
| Feb 21, 2019 | $0.00 | ||
| Feb 28, 2019 | $0.00 | ||
| Mar 7, 2019 | $0.00 | ||
| Mar 14, 2019 | $0.00 | ||
| Mar 21, 2019 | $0.00 | ||
| Mar 28, 2019 | $0.00 | ||
| Apr 4, 2019 | $0.00 | ||
| Apr 11, 2019 | $0.00 | ||
| Apr 18, 2019 | $0.00 | ||
| Apr 25, 2019 | $0.00 | ||
| May 2, 2019 | $0.00 | ||
| May 9, 2019 | $0.00 | ||
| May 16, 2019 | $0.00 | ||
| May 23, 2019 | $0.00 | ||
| May 30, 2019 | $0.00 | ||
| Jun 6, 2019 | $0.00 | ||
| Jun 13, 2019 | $0.00 | ||
| Jun 20, 2019 | $0.00 | ||
| Jun 27, 2019 | $0.00 | ||
| Jul 4, 2019 | $0.00 | ||
| Jul 11, 2019 | $0.00 | ||
| Jul 18, 2019 | $0.00 | ||
| Jul 25, 2019 | $0.00 | ||
| Aug 1, 2019 | $0.00 | ||
| Aug 8, 2019 | $0.00 | ||
| Aug 15, 2019 | $0.00 | ||
| Aug 22, 2019 | $0.00 | ||
| Aug 29, 2019 | $0.00 | ||
| Sep 5, 2019 | $0.00 | ||
| Sep 12, 2019 | $0.00 | ||
| Sep 19, 2019 | $0.00 | ||
| Sep 26, 2019 | $0.00 | ||
| Oct 3, 2019 | $0.00 | ||
| Oct 10, 2019 | $0.00 | ||
| Oct 17, 2019 | $0.00 | ||
| Oct 24, 2019 | $0.00 | ||
| Oct 31, 2019 | $0.00 | ||
| Nov 7, 2019 | $0.00 | ||
| Nov 14, 2019 | $0.49 | ||
| Nov 21, 2019 | $0.49 | ||
| Nov 28, 2019 | $0.49 | ||
| Dec 5, 2019 | $0.49 | ||
| Dec 12, 2019 | $0.49 | ||
| Dec 19, 2019 | $0.99 | ||
| Dec 26, 2019 | $0.99 | ||
| Jan 2, 2020 | $0.99 | ||
| Jan 9, 2020 | $0.99 | ||
| Jan 16, 2020 | $0.99 | ||
| Jan 23, 2020 | $0.99 | ||
| Jan 30, 2020 | $0.99 | ||
| Feb 6, 2020 | $0.99 | ||
| Feb 13, 2020 | $0.99 | ||
| Feb 20, 2020 | $0.99 | ||
| Feb 27, 2020 | $0.99 | ||
| Mar 5, 2020 | $0.99 | ||
| Mar 12, 2020 | $0.99 | ||
| Mar 19, 2020 | $0.99 | ||
| Mar 26, 2020 | $0.99 | ||
| Apr 2, 2020 | $0.99 | ||
| Apr 9, 2020 | $0.99 | ||
| Apr 16, 2020 | $0.99 | ||
| Apr 23, 2020 | $0.99 | ||
| Apr 30, 2020 | $0.99 | ||
| May 7, 2020 | $0.99 | ||
| May 14, 2020 | $0.99 | ||
| May 21, 2020 | $0.99 | ||
| May 28, 2020 | $0.99 | ||
| Jun 4, 2020 | $0.99 | ||
| Jun 11, 2020 | $0.99 | ||
| Jun 18, 2020 | $0.99 | ||
| Jun 25, 2020 | $0.99 | ||
| Jul 2, 2020 | $0.99 | ||
| Jul 9, 2020 | $0.99 | ||
| Jul 16, 2020 | $0.99 | ||
| Jul 23, 2020 | $0.99 | ||
| Jul 30, 2020 | $0.99 | ||
| Aug 6, 2020 | $0.99 | ||
| Aug 13, 2020 | $0.99 | ||
| Aug 20, 2020 | $0.99 | ||
| Aug 27, 2020 | $0.99 | ||
| Sep 3, 2020 | $9.98 | ||
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