PURCHASING OF MORE BAGS AND ACCESSORIES for online shop

Betty

Malindi, Kenya

100% repaid

Entrepreneur

Name

Betty

Member since

March 2014

On-time repayments

63 installments  •  100%

About Me

My name is Betty Mulatya. I was born and raised in Nairobi but I currently live in Malindi. I am a real estate agent and currently run my own real estate and hospitality business called Perazim Kenya (www.perazimkenya.com; Facebook and Instagram: Perazim Kenya). I also operate a clothing and shoes business.

My Business

Perazim Kenya offers real estate investment opportunities at the coast of Kenya. We also offer property management services for residential and commercial buildings.

Loan Proposal

I run an online business called Alien Youth Designs, which basically offers unique and good quality bags and accessories. My customers prefer my products because they are unique and affordable. This is seen in how my products were sold out within a fortnight.
This got me thinking, "If I invest more, I will satisfy my customers, increase my market base and realize my business goals." This is the reason why I am requesting for this loan.
When I get this loan, I will be able to purchase more bags without compromising on the quality that my customers are used to. I will also be able to stock accessories for men and women. I plan to start with shoes, sun glasses and jewelry. My dream is to have an all inclusive one stop online shop that stocks clothes, footwear and accessories for all sizes and gender.

My estimated costs include the following:
1. Internet costs - $ 15
2. Transport costs - $ 5
3. Purchase of new stock for bags - $ 130

Despite the fact that I will still have a deficit of $ 56 dollars for purchasing of shoes, I am happy that this loan will be a huge step toward me reaching my business goals and offering the best option for good quality and affordable bags and other accessories.

The benefit that my business will realize will include: meet the demand for bags that my customers and their friends are constantly asking for, increase my capital to include shoes, sunglasses and jewelry and share my experience with my peers and the youth groups I work with so that they can truly see that an online business can actually work with the right investment, commitment, discipline and hard work.

I should supported because I cannot raise the amount of money that I need by myself. With your help, I will be able to see my dream become a reality and assist someone else in pursuing and fulfilling their dream of having a successful online business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 4, 2014

Repayment status

On Time

Projected term

2 months

Lenders

F

fisaire

Ithaca, United States

indeh

London, United Kingdom

Pierfausto

Rome, Italy

B

bek88

Fairview, United States

joaoferraz

RINCHOA, Portugal

L

Leonora

TÄBY, Sweden

H

howard

Vence, France

Sarasota

Sarasota, Fl, United States

N

NOWfund

Tokyo, Japan

A

ATMiller

United States

M

mkrsko

Slovakia

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Summary

Amount repaid

$152.36

Amount remaining

$0.00

Date repaid

May 27, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 16, 2014 $16.93 Apr 15, 2014 $16.93
Apr 23, 2014 $16.93 Apr 15, 2014 $6.60
Apr 21, 2014 $10.33
Apr 30, 2014 $16.93 Apr 21, 2014 $7.32
Apr 28, 2014 $9.61
May 7, 2014 $16.93 Apr 28, 2014 $13.92
May 5, 2014 $3.01
May 14, 2014 $16.93 May 5, 2014 $14.64
May 12, 2014 $2.29
May 21, 2014 $16.93 May 12, 2014 $9.47
May 19, 2014 $7.46
May 28, 2014 $16.93 May 19, 2014 $10.19
May 27, 2014 $6.74
Jun 4, 2014 $16.93 May 27, 2014 $16.93
Jun 11, 2014 $16.93 May 27, 2014 $16.92

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