Increase of my stock of shoes for sale
Tabitha
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Tabitha
Member since
May 2015
On-time repayments
114 installments • 33%
About Me
I am 32 years old and a mother of 3 children- a girl and 2 boys. i am the third born in a family of six. i attended school up to form two but had to drop out due to school fees issues. my father had just been retrenched. i attended some hair dressing classes with the help of my uncle but again didn't finish the course. i started working in a salon of my friend and by 2003 i got married. from then i have been doing small businesses like selling clothes, shoes, and even vegetables. but from year 2009 i started shoes business which i am in to date.
i love my children and their father. i would like to educate them up to university level so that they become better people in the society.
My Business
i am dealing with second hand shoes which i sell to people who sell to places like estates, town etc. they are in demand since the prices and quality are better compared to the new shoes. i chose this business for some reasons; one that the time of operation is from 6am to around noon. this gives me time to get home early enough to be with my children. two it a cash business. my customer always come with cash to purchase. no credit.three profit margins are good though sometimes i incur losses depending on the quality of the shoes.
the costs vary from 4500/- shillings to even15000/-. this costs depend on the qualityof the shoes.
i use my profits in buying clothes for my children, buying food and investing in other areas for the future of my children. also i use the same to boost my business.
Loan Proposal
I want this loan to buy more bales of shoes to add to my stock. this is because since i increased stock from my last loan you granted, i have been getting more and more customers. each bale will cost about $90. with this i expect to increase my earnings and i am looking to get an employee to help in the running of the business since i expect more customers to my shop. i also expect my profits to increase by approximately 40%.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$191.00
Date disbursed
Oct 22, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Fontvielle, Monaco, Yemen
Taiwan
Hong Kong
United States
Ask Tabitha a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$199.59
Amount remaining
$0.00
Date repaid
Mar 22, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Nov 1, 2015 | $10.00 | Nov 2, 2015 | $10.00 |
| Nov 8, 2015 | $10.00 | Nov 2, 2015 | $10.00 |
| Nov 15, 2015 | $10.00 | Nov 15, 2015 | $10.00 |
| Nov 22, 2015 | $10.00 | Nov 22, 2015 | $10.00 |
| Nov 29, 2015 | $10.00 | Nov 28, 2015 | $10.00 |
| Dec 6, 2015 | $10.00 | Nov 28, 2015 | $4.50 |
| Dec 6, 2015 | $5.50 | ||
| Dec 13, 2015 | $10.00 | Dec 6, 2015 | $4.50 |
| Dec 13, 2015 | $5.50 | ||
| Dec 20, 2015 | $10.00 | Dec 20, 2015 | $10.00 |
| Dec 27, 2015 | $10.00 | Dec 28, 2015 | $10.00 |
| Jan 3, 2016 | $10.00 | Jan 3, 2016 | $10.00 |
| Jan 10, 2016 | $10.00 | Jan 11, 2016 | $10.00 |
| Jan 17, 2016 | $10.00 | Jan 19, 2016 | $10.00 |
| Jan 24, 2016 | $10.00 | Jan 24, 2016 | $10.00 |
| Jan 31, 2016 | $10.00 | Jan 31, 2016 | $10.00 |
| Feb 7, 2016 | $10.00 | Feb 7, 2016 | $10.00 |
| Feb 14, 2016 | $10.00 | Feb 7, 2016 | $8.00 |
| Feb 8, 2016 | $2.00 | ||
| Feb 21, 2016 | $10.00 | Feb 8, 2016 | $10.00 |
| Feb 28, 2016 | $10.00 | Feb 8, 2016 | $10.00 |
| Mar 6, 2016 | $10.00 | Feb 8, 2016 | $10.00 |
| Mar 13, 2016 | $9.59 | Mar 22, 2016 | $9.59 |
Loading...