Overlock machine for my tailoring business
Alice
Eldoret, Kenya
$0 to go
100% funded of $200 goal
0
days left
Entrepreneur
Name
Alice
Member since
October 2015
On-time repayments
70 installments • 0%
About Me
My name is Alice Yator. I am 25years old. I was born in monogamous family and I am the third born in a family eight. My dad was an Administrative Police Officer while my mum is a house wife. My dad passed away in Eldoret. I went to Aluor girls secondary school in Kisumu. I later joined asumbi technical college where I pursued diploma in dressing making..
After completing my diploma in 2013. I looked for a job with no success. I finally landed a job in late 2014 but the payments was so poor. In early this year, with $120 savings from my previous employment I bought a sewing machine,I could not afford a premise by then so I used to work from my mums house. I did quality work and advertised my business,and with a few months I got so many referrals and my business was booming. I rented a small shop in our shopping center ,that I use for my business.
I like dancing ,singing, meeting new people and reading novels.
My Business
My business is located in Eldoret and it entails designing and dress making. The clients describe what they want,I design and get back to them. if they approve my work then I go ahead to make the dress,using there preferred materials.
Designed dresses are very important in the society today as most people prefer to wear what they like . I produce good quality work to help me retain my clients as well as get referrals to new clients.
In a month i spend $150 on buying materials,electricity and machine maintenance ,my monthly revenue average is $300. I make average $180 in profits
I use my profits to pay school fees for my sister a,save for business expansion and take care of my families general expenses.
Loan Proposal
I am requesting for lenders to help me expand my business through financing me to help me acquire a new overclock machine for my business. The new over lock machine will help me cut costs of hiring the machine at 0.5 per cloth and significantly increase my revenues. To add on that it will increase my efficiency and make me serve more clients. Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Oct 22, 2015
Repayment status
Late
Projected term
16 months
Lenders
Fontvielle, Monaco, Yemen
United States
Summary
Amount repaid
$0.00
Amount remaining
$208.99
Expected completion
Feb 26, 2017
Status
Repaying late
Installment amount
$3.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 1, 2015 | $3.00 | ||
| Nov 8, 2015 | $3.00 | ||
| Nov 15, 2015 | $3.00 | ||
| Nov 22, 2015 | $3.00 | ||
| Nov 29, 2015 | $3.00 | ||
| Dec 6, 2015 | $3.00 | ||
| Dec 13, 2015 | $3.00 | ||
| Dec 20, 2015 | $3.00 | ||
| Dec 27, 2015 | $3.00 | ||
| Jan 3, 2016 | $3.00 | ||
| Jan 10, 2016 | $3.00 | ||
| Jan 17, 2016 | $3.00 | ||
| Jan 24, 2016 | $3.00 | ||
| Jan 31, 2016 | $3.00 | ||
| Feb 7, 2016 | $3.00 | ||
| Feb 14, 2016 | $3.00 | ||
| Feb 21, 2016 | $3.00 | ||
| Feb 28, 2016 | $3.00 | ||
| Mar 6, 2016 | $3.00 | ||
| Mar 13, 2016 | $3.00 | ||
| Mar 20, 2016 | $3.00 | ||
| Mar 27, 2016 | $3.00 | ||
| Apr 3, 2016 | $3.00 | ||
| Apr 10, 2016 | $3.00 | ||
| Apr 17, 2016 | $3.00 | ||
| Apr 24, 2016 | $3.00 | ||
| May 1, 2016 | $3.00 | ||
| May 8, 2016 | $3.00 | ||
| May 15, 2016 | $3.00 | ||
| May 22, 2016 | $3.00 | ||
| May 29, 2016 | $3.00 | ||
| Jun 5, 2016 | $3.00 | ||
| Jun 12, 2016 | $3.00 | ||
| Jun 19, 2016 | $3.00 | ||
| Jun 26, 2016 | $3.00 | ||
| Jul 3, 2016 | $3.00 | ||
| Jul 10, 2016 | $3.00 | ||
| Jul 17, 2016 | $3.00 | ||
| Jul 24, 2016 | $3.00 | ||
| Jul 31, 2016 | $3.00 | ||
| Aug 7, 2016 | $3.00 | ||
| Aug 14, 2016 | $3.00 | ||
| Aug 21, 2016 | $3.00 | ||
| Aug 28, 2016 | $3.00 | ||
| Sep 4, 2016 | $3.00 | ||
| Sep 11, 2016 | $3.00 | ||
| Sep 18, 2016 | $3.00 | ||
| Sep 25, 2016 | $3.00 | ||
| Oct 2, 2016 | $3.00 | ||
| Oct 9, 2016 | $3.00 | ||
| Oct 16, 2016 | $3.00 | ||
| Oct 23, 2016 | $3.00 | ||
| Oct 30, 2016 | $3.00 | ||
| Nov 6, 2016 | $3.00 | ||
| Nov 13, 2016 | $3.00 | ||
| Nov 20, 2016 | $3.00 | ||
| Nov 27, 2016 | $3.00 | ||
| Dec 4, 2016 | $3.00 | ||
| Dec 11, 2016 | $3.00 | ||
| Dec 18, 2016 | $3.00 | ||
| Dec 25, 2016 | $3.00 | ||
| Jan 1, 2017 | $3.00 | ||
| Jan 8, 2017 | $3.00 | ||
| Jan 15, 2017 | $3.00 | ||
| Jan 22, 2017 | $3.00 | ||
| Jan 29, 2017 | $3.00 | ||
| Feb 5, 2017 | $3.00 | ||
| Feb 12, 2017 | $3.00 | ||
| Feb 19, 2017 | $3.00 | ||
| Feb 26, 2017 | $1.99 | ||
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