Home-made detergent

Jackline

Makongeni, Kenya

100% repaid

Entrepreneur

Name

Jackline

Member since

June 2016

On-time repayments

17 installments  •  47%

About Me

Am jackline Nduta Wambui,22 years old.I was born and brought up in Mangu town neighboring Thika town.I was born in a family of four:two sisters and one brother.my home area is a purely agricultural area so most of my life was in the farm.It also goes without saying that the schools in our home area perform poorly due to poor infrastucture.That not withstanding ,there is little or no motivation to perform well.It was thus common for an upper school student to fail a lower school exam.its against all these odds that i went to a private primary school for my final years.i worked so hard to score above average and join a public district school while my peers went to local schools.That was a big milestone in my life since it marked a shift in my life.Joining a district school outside my locality changed my perception towards life.I did my highschool final exam in the year 2012 and proceeded to college the following year. In the middle of my course,i was blessed with my firstborn son.during his growth he developed some problems that made him to be admitted in hospital for two months.these plus the normal challenges of a newlywed couple made me defer my learning.the illness drained my husbands savings.after nursing my son for two years i started my small business. My desire to support my husband drove me to start a business whereby i deal with soaps and toothpastes.besides that i like the environment in which i live since its multicultural neighborhood.my son has interest in music.my hobby is writing songs.

My Business

my business is located in makongeni ;a rather busy outskirt of thika town.My business deals with sales of home based goods such as:bathing soaps,tooth paste,homebased pestisides,lowcost lotions.these goods are used on daily basis by the otherwise high population in my neighborhood.this business came to my mind since its simple to start due to its low startup capital .A good start up stock consisting of soaps and toothpastes would cost me upto KES3000.This in return will make a total profit of KES2000.out of that profit i just deduct county government rates of KES20 per day.the profits mostly go towards reinvestments and partly towards growing other aspects of my business.

Loan Proposal

since my childhood days,i have had a passion in cleaning services.It is in that line that i wish to start a home-made detergent business.owing to the fact that i live in a highly populated locality,such a venture will do well. Below is a breakdown of my budget.
the money will mostly go towards purchasing my tools of trade namely;
2 mixing buckets.@ $2 each.
1 big stirring spoon@$1.
1 calibrated measuring jar@$1.5
2 10 litre containers@ $1.5 each.
total [email protected].
1 litre of the detergent sells at $1.with the savings i have,i intend to start by preparing 20 litres.this will translate to $20 sales.my after deductions profit will be $10 to be realized in a span of one week.This will ensure that i pay my loans in good time and grow my business in later date.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Jul 6, 2016

Repayment status

On Time

Projected term

6 weeks

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Summary

Amount repaid

$10.50

Amount remaining

$0.00

Date repaid

Aug 31, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 18, 2016 $2.00 Jul 17, 2016 $2.00
Jul 25, 2016 $2.00 Jul 17, 2016 $0.02
Jul 28, 2016 $1.98
Aug 1, 2016 $2.00 Jul 28, 2016 $0.04
Aug 7, 2016 $1.96
Aug 8, 2016 $2.00 Aug 7, 2016 $0.06
Aug 26, 2016 $1.94
Aug 15, 2016 $2.00 Aug 26, 2016 $0.08
Aug 31, 2016 $1.92
Aug 22, 2016 $0.51 Aug 31, 2016 $0.51

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