$150 to buy a Bale of Used Clothes for sale
Millicent
Mombasa, Kenya
49% repaid
Entrepreneur
Name
Millicent
Member since
April 2014
On-time repayments
127 installments • 39%
About Me
I am a Kenyan born and bred in coast region of Kenya. I went to local schools and I did my secondary school examination in 2008.
I come from a large family of 8 where I am the forth born. My parents are small scale farmers and they largely depend on us children for their upkeep.
After my secondary education I worked as a casual laborer in small companies in Mombasa where the pay was very little. I finally decided to try my hand in business last year. I got my initial capital from savings I had make when I was I was employed. I sell second hand clothes and ladies handbags.
My Business
My business deals with buying and selling of secondhand clothes. I recently started selling handbags to supplement my income and the returns are impressive. I source my second hand clothes from local markets and the handbags from Uganda (neighboring country).
In a good month, make about a net profit of about $250. I face a number of challenges when running this business key among them lack of capital. With a much needed loan boost from Zidisha, I will be able to buy a bale of clothes which will definitely push my sales up since the goods is very popular with low income earners who are quite many in this area.
Loan Proposal
I deal with selling used clothes. My daily profit is about $10 but this can easily go up if I get more clothes in my shop. I am currently dealing with men's shirts and trousers a bit of ladies clothes. I also sell women's handbags though on a very small scale.
My plan is if I get this loan, I will be able to buy one bale of assorted used clothes which will cost me $135 and ultimately build capital which will enable me travel to Uganda which is a neighboring country and buy handbags for sale in my shop.
This way I will have made a big step forward in my business.
I hope you will consider funding my loan.
Thanks.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Apr 26, 2014
Repayment status
Late
Projected term
29 months
Lenders
United States
United States
United States
Summary
Amount repaid
$82.99
Amount remaining
$86.73
Expected completion
Oct 8, 2016
Status
Repaying late
Installment amount
$1.18
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 3, 2014 | $3.34 | May 3, 2014 | $3.34 |
| May 10, 2014 | $3.34 | May 3, 2014 | $2.54 |
| May 9, 2014 | $0.80 | ||
| May 17, 2014 | $3.34 | May 9, 2014 | $3.34 |
| May 24, 2014 | $3.34 | May 9, 2014 | $1.51 |
| Jun 1, 2014 | $1.84 | ||
| May 31, 2014 | $3.34 | Jun 1, 2014 | $3.22 |
| Jun 8, 2014 | $0.12 | ||
| Jun 7, 2014 | $3.34 | Jun 8, 2014 | $3.34 |
| Jun 14, 2014 | $3.34 | Jun 8, 2014 | $0.31 |
| Jun 16, 2014 | $3.04 | ||
| Jun 21, 2014 | $3.34 | Jun 16, 2014 | $0.24 |
| Jun 26, 2014 | $3.11 | ||
| Jun 28, 2014 | $3.34 | Jun 26, 2014 | $0.16 |
| Jul 4, 2014 | $3.18 | ||
| Jul 5, 2014 | $3.34 | Jul 4, 2014 | $0.09 |
| Jul 15, 2014 | $3.25 | ||
| Jul 12, 2014 | $1.64 | Jul 15, 2014 | $1.64 |
| Jul 19, 2014 | $0.00 | ||
| Jul 26, 2014 | $0.00 | ||
| Aug 2, 2014 | $1.18 | Jul 15, 2014 | $0.06 |
| Aug 2, 2014 | $1.12 | ||
| Aug 9, 2014 | $1.18 | Aug 2, 2014 | $0.06 |
| Aug 12, 2014 | $1.12 | ||
| Aug 16, 2014 | $1.18 | Aug 12, 2014 | $0.06 |
| Aug 21, 2014 | $1.12 | ||
| Aug 23, 2014 | $1.18 | Aug 21, 2014 | $0.06 |
| Aug 30, 2014 | $1.12 | ||
| Aug 30, 2014 | $1.18 | Aug 30, 2014 | $0.94 |
| Sep 7, 2014 | $0.24 | ||
| Sep 6, 2014 | $1.18 | Sep 7, 2014 | $1.18 |
| Sep 13, 2014 | $1.18 | Sep 7, 2014 | $0.94 |
| Oct 2, 2014 | $0.24 | ||
| Sep 20, 2014 | $1.18 | Oct 2, 2014 | $1.18 |
| Sep 27, 2014 | $1.18 | Oct 2, 2014 | $1.18 |
| Oct 4, 2014 | $1.18 | Oct 2, 2014 | $1.18 |
| Oct 11, 2014 | $1.18 | Oct 2, 2014 | $1.18 |
| Oct 18, 2014 | $1.18 | Oct 2, 2014 | $0.94 |
| Oct 6, 2014 | $0.24 | ||
| Oct 25, 2014 | $1.18 | Oct 6, 2014 | $1.18 |
| Nov 1, 2014 | $1.18 | Oct 6, 2014 | $1.18 |
| Nov 8, 2014 | $1.18 | Oct 6, 2014 | $1.18 |
| Nov 15, 2014 | $1.18 | Oct 6, 2014 | $1.18 |
| Nov 22, 2014 | $1.18 | Oct 6, 2014 | $1.18 |
| Nov 29, 2014 | $1.18 | Oct 6, 2014 | $1.18 |
| Dec 6, 2014 | $1.18 | Oct 6, 2014 | $1.18 |
| Dec 13, 2014 | $1.18 | Oct 6, 2014 | $1.18 |
| Dec 20, 2014 | $1.18 | Oct 6, 2014 | $1.18 |
| Dec 27, 2014 | $1.18 | Oct 6, 2014 | $1.18 |
| Jan 3, 2015 | $1.18 | Oct 6, 2014 | $1.18 |
| Jan 10, 2015 | $1.18 | Oct 6, 2014 | $1.18 |
| Jan 17, 2015 | $1.18 | Oct 6, 2014 | $1.18 |
| Jan 24, 2015 | $1.18 | Oct 6, 2014 | $1.18 |
| Jan 31, 2015 | $1.18 | Oct 6, 2014 | $1.18 |
| Feb 7, 2015 | $1.18 | Oct 6, 2014 | $1.18 |
| Feb 14, 2015 | $1.18 | Oct 6, 2014 | $1.18 |
| Feb 21, 2015 | $1.18 | Oct 6, 2014 | $1.18 |
| Feb 28, 2015 | $1.18 | Oct 6, 2014 | $1.18 |
| Mar 7, 2015 | $1.18 | Oct 6, 2014 | $0.94 |
| Mar 17, 2015 | $0.24 | ||
| Mar 14, 2015 | $1.18 | Mar 17, 2015 | $1.18 |
| Mar 21, 2015 | $1.18 | Mar 17, 2015 | $0.41 |
| Mar 27, 2015 | $0.76 | ||
| Mar 28, 2015 | $1.18 | Mar 27, 2015 | $1.00 |
| Apr 13, 2015 | $0.18 | ||
| Apr 4, 2015 | $1.18 | Apr 13, 2015 | $1.18 |
| Apr 11, 2015 | $1.18 | Apr 13, 2015 | $1.18 |
| Apr 18, 2015 | $1.18 | Apr 13, 2015 | $0.94 |
| Jun 28, 2015 | $0.24 | ||
| Apr 25, 2015 | $1.18 | Jun 28, 2015 | $1.18 |
| May 2, 2015 | $1.18 | Jun 28, 2015 | $0.94 |
| Jul 12, 2015 | $0.24 | ||
| May 9, 2015 | $1.18 | Jul 12, 2015 | $0.94 |
| May 16, 2015 | $1.18 | ||
| May 23, 2015 | $1.18 | ||
| May 30, 2015 | $1.18 | ||
| Jun 6, 2015 | $1.18 | ||
| Jun 13, 2015 | $1.18 | ||
| Jun 20, 2015 | $1.18 | ||
| Jun 27, 2015 | $1.18 | ||
| Jul 4, 2015 | $1.18 | ||
| Jul 11, 2015 | $1.18 | ||
| Jul 18, 2015 | $1.18 | ||
| Jul 25, 2015 | $1.18 | ||
| Aug 1, 2015 | $1.18 | ||
| Aug 8, 2015 | $1.18 | ||
| Aug 15, 2015 | $1.18 | ||
| Aug 22, 2015 | $1.18 | ||
| Aug 29, 2015 | $1.18 | ||
| Sep 5, 2015 | $1.18 | ||
| Sep 12, 2015 | $1.18 | ||
| Sep 19, 2015 | $1.18 | ||
| Sep 26, 2015 | $1.18 | ||
| Oct 3, 2015 | $1.18 | ||
| Oct 10, 2015 | $1.18 | ||
| Oct 17, 2015 | $1.18 | ||
| Oct 24, 2015 | $1.18 | ||
| Oct 31, 2015 | $1.18 | ||
| Nov 7, 2015 | $1.18 | ||
| Nov 14, 2015 | $1.18 | ||
| Nov 21, 2015 | $1.18 | ||
| Nov 28, 2015 | $1.18 | ||
| Dec 5, 2015 | $1.18 | ||
| Dec 12, 2015 | $1.18 | ||
| Dec 19, 2015 | $1.18 | ||
| Dec 26, 2015 | $1.18 | ||
| Jan 2, 2016 | $1.18 | ||
| Jan 9, 2016 | $1.18 | ||
| Jan 16, 2016 | $1.18 | ||
| Jan 23, 2016 | $1.18 | ||
| Jan 30, 2016 | $1.18 | ||
| Feb 6, 2016 | $1.18 | ||
| Feb 13, 2016 | $1.18 | ||
| Feb 20, 2016 | $1.18 | ||
| Feb 27, 2016 | $1.18 | ||
| Mar 5, 2016 | $1.18 | ||
| Mar 12, 2016 | $1.18 | ||
| Mar 19, 2016 | $1.18 | ||
| Mar 26, 2016 | $1.18 | ||
| Apr 2, 2016 | $1.18 | ||
| Apr 9, 2016 | $1.18 | ||
| Apr 16, 2016 | $1.18 | ||
| Apr 23, 2016 | $1.18 | ||
| Apr 30, 2016 | $1.18 | ||
| May 7, 2016 | $1.18 | ||
| May 14, 2016 | $1.18 | ||
| May 21, 2016 | $1.18 | ||
| May 28, 2016 | $1.18 | ||
| Jun 4, 2016 | $1.18 | ||
| Jun 11, 2016 | $1.18 | ||
| Jun 18, 2016 | $1.18 | ||
| Jun 25, 2016 | $1.18 | ||
| Jul 2, 2016 | $1.18 | ||
| Jul 9, 2016 | $1.18 | ||
| Jul 16, 2016 | $1.18 | ||
| Jul 23, 2016 | $1.18 | ||
| Jul 30, 2016 | $1.18 | ||
| Aug 6, 2016 | $1.18 | ||
| Aug 13, 2016 | $1.18 | ||
| Aug 20, 2016 | $1.18 | ||
| Aug 27, 2016 | $1.18 | ||
| Sep 3, 2016 | $1.18 | ||
| Sep 10, 2016 | $1.18 | ||
| Sep 17, 2016 | $1.18 | ||
| Sep 24, 2016 | $1.18 | ||
| Oct 1, 2016 | $1.18 | ||
| Oct 8, 2016 | $0.55 | ||
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