To increase stock

Jane

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jane

Member since

August 2017

On-time repayments

24 installments  •  71%

About Me

Hello Lenders,My name is Jane Wanjiru,31 years old from Kenya.Am a young entrepreneur doing cosmetic and beauty.Being the first born in a family of five children and being raised by a single mum hasn't been easy.it has taken me some years to be able to raise some cash for me to do this business.Before I started doing this business I was employed as bookshop attendant.This is where I got business skills and also secured some cash to start up this business. First I used to hawk around to my friends since I was doing it part time because my salary wasn't enough to help mum bring up other siblings at home and for my upkeep.I hustled along and managed to save some cash where I enrolled at Kenya institute of management and did my certificate in business Management. Due to lack of cash I did not manage to go to the next level and so I decided to stick to my business of hawking the cosmetic accessories. at first it wasn't easy since I used to sell most of my products on credit where some of my customers did not pay on time agreed and others didn't pay at all.I perservered until I managed to secure a small store at Kirigiti shopping center which is along Ruiru -kiambu Road.

My Business

I started this business with a capital of ksh.10 thousand ie after securing a store.In the First month my returns were so minimal being a new business in the area and having random customers.after some month am now able to account for my revenue which is growing gradually as I have frequent customers and am able to add my stock as I add more new products depending on my customers demand.currently, my stock is worth around Ksh.15- 17 thousand,giving me returns of ksh3- 5thousand monthly.I thank God I can see the fruits of patience in business and hoping to do great as time goes by.

Loan Proposal

As my business continues to grow through the help of your funds.I will continue to add my stock is products running out of stock and still add new products depending on my customers demand.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$11.00

Date disbursed

Sep 19, 2017

Repayment status

On Time

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

RM

Roddy Murray

United Kingdom

Jane

California, United States

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Summary

Amount repaid

$10.40

Amount remaining

$0.00

Date repaid

Sep 28, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 30, 2017 $9.91 Sep 28, 2017 $9.91
Oct 7, 2017 $0.50 Sep 28, 2017 $0.50

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