Finishing rental houses

Florence

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Florence

Member since

June 2015

On-time repayments

99 installments  •  58%

About Me

I was born from a humble background my father being a polygamist with four wives we could lack even food as a basic need. I went to a local primary school and upon reaching class eight a well wisher paid my fees upto fourth form then i went to train as a tailor from the nearby market.
At the moment I have one sewing machine with at least five materials to start off.
I started off with only one customer but now I have five of them who come from time time time. Hoping that this will increase in the near feature.
Our land and culture is a very difficult one where women are not allowed to prosper business wise hence alot of challenges. Like when a woman has access to finances and is business oriented they say she has grown horns and therefor is not eligible to stay with any man or not marriageable for that matter hence its quite a challlenge.

My Business

I basically do tailoring as a business and I used textile the most. I get the materials from as far as nairobi or other times I get them locally from local trader according to the customers needs. I chose this kind of business because its very easy to deal with women whose demands for new cloths will never end hence there is always a ready market somehow. I collect revenue basically from the materials which I get and sell at a higher price to make some profit and even designing the cloths too give me some good income.

This time round I started on a project of rental houses which I have brought up and I need money to do the plastering so that tenants would come in and help me repay back the loan.

Loan Proposal

This loan will help me to buy cement 20 bags @ Kshs 700.00 that is Kshs 14,000.00 which will help me do the plastering for two units of the rental houses I was building. They are four units but each cost Kshs 5,000.00 but I want to finish two first before doing the rest. The rest of the money will go to payment of labor.

Feedback

6

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Loan Info

Project Type

Classic Loan

Disbursed amount

$194.00

Date disbursed

Nov 29, 2015

Repayment status

On Time

Projected term

4 months

Lenders

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

mepster

San Francisco, Ca, United States

M

Markus

Hamburg, Germany

WE

Wendy Emlyn

Devon, United Kingdom

MS

Mark S Yourek

United States

Diego

Monza, Italy

MB

Mark Blatter

United States

WL

William Lisa

United States

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Summary

Amount repaid

$203.92

Amount remaining

$0.00

Date repaid

Mar 30, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 6, 2015 $10.00 Dec 6, 2015 $10.00
Dec 13, 2015 $10.00 Dec 13, 2015 $10.00
Dec 20, 2015 $10.00 Dec 20, 2015 $10.00
Dec 27, 2015 $10.00 Dec 27, 2015 $10.00
Jan 3, 2016 $10.00 Jan 3, 2016 $3.00
Jan 10, 2016 $7.00
Jan 10, 2016 $10.00 Jan 10, 2016 $10.00
Jan 17, 2016 $10.00 Jan 17, 2016 $10.00
Jan 24, 2016 $10.00 Jan 25, 2016 $10.00
Jan 31, 2016 $10.00 Feb 1, 2016 $10.00
Feb 7, 2016 $10.00 Feb 8, 2016 $10.00
Feb 14, 2016 $10.00 Feb 15, 2016 $10.00
Feb 21, 2016 $10.00 Feb 24, 2016 $10.00
Feb 28, 2016 $10.00 Feb 28, 2016 $10.00
Mar 6, 2016 $10.00 Mar 6, 2016 $10.00
Mar 13, 2016 $10.00 Mar 14, 2016 $10.00
Mar 20, 2016 $10.00 Mar 21, 2016 $9.00
Mar 23, 2016 $1.00
Mar 27, 2016 $10.00 Mar 23, 2016 $10.00
Apr 3, 2016 $10.00 Mar 23, 2016 $8.00
Mar 24, 2016 $2.00
Apr 10, 2016 $10.00 Mar 24, 2016 $3.92
Mar 29, 2016 $6.08
Apr 17, 2016 $10.00 Mar 29, 2016 $3.92
Mar 30, 2016 $6.08
Apr 24, 2016 $3.92 Mar 30, 2016 $3.92

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