A loan to boost my shop inventory

Flora

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Flora

Member since

October 2014

On-time repayments

53 installments  •  89%

About Me

My name is Flora Mkali born 20 years ago in a family of 3 and I am the second born. I was born in Mombasa City where I went for my primary and secondary education. My parents like many other withing my neighborhood struggled a lot to raise and educate us. I later enrolled in a commercial college where I did a certificate course in business management.

After failing to secure a job, I started a retail shop with the help of my parents. I live in an urban area with people from all walks of life. I have a burning desire to succeed and I want to build my future at this early age. I would like to expand my business so as to support my parents and siblings.

My Business

I run a retail shop in an area called Mshomoroni which is a suburb of Mombasa city. My shop caters for people who buy common household goods. This provides a convenient alternative to those people who do not like to travel long distances to buy from super markets.

I source my stock from wholesalers who are in town and the re-sell and sometimes repackage at a profit. I decided to venture into this business to address the void that I saw and in the process save the people in the neighborhood from traveling long distances to buy common goods.

Since I am single, I reinvest back most of the profit to the business and this has ensured a steady growth.

Loan Proposal

I plan to use the money to increase my stock. The demand of my clients keep growing and I would like to use this money to introduce new items which are on high demand.

These items are 1. kerosine - 70 liters at a cost of $60 and 2. 30 liters of Cooking oil at $35.

This will go a long way in ensuring that my business is well stocked and it will definitely improve my income.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 24, 2014

Repayment status

On Time

Projected term

12 months

Lenders

investor

Candiac, Canada

C

cjmenchaca

Austin, United States

SeeMeeFi

Ontario, Canada

ads68

Melbourne, Australia

sderickson

Berkeley, CA, United States

R

roozbeh

United States

Tanya

Nelson, New Zealand

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Summary

Amount repaid

$110.08

Amount remaining

$0.00

Date repaid

Dec 23, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 7, 2014 $2.07 Dec 1, 2014 $2.07
Dec 14, 2014 $2.07 Dec 1, 2014 $0.20
Dec 8, 2014 $1.86
Dec 21, 2014 $2.07 Dec 8, 2014 $0.41
Dec 15, 2014 $1.66
Dec 28, 2014 $2.07 Dec 15, 2014 $0.61
Dec 22, 2014 $1.45
Jan 4, 2015 $2.07 Dec 22, 2014 $0.82
Dec 29, 2014 $1.25
Jan 11, 2015 $2.07 Dec 29, 2014 $1.02
Jan 5, 2015 $1.05
Jan 18, 2015 $2.07 Jan 5, 2015 $1.23
Jan 12, 2015 $0.84
Jan 25, 2015 $2.07 Jan 12, 2015 $1.43
Jan 19, 2015 $0.64
Feb 1, 2015 $2.07 Jan 19, 2015 $1.64
Jan 26, 2015 $0.43
Feb 8, 2015 $2.07 Jan 26, 2015 $1.84
Feb 2, 2015 $0.23
Feb 15, 2015 $2.07 Feb 2, 2015 $2.05
Feb 9, 2015 $0.02
Feb 22, 2015 $2.07 Feb 9, 2015 $2.07
Mar 1, 2015 $2.07 Feb 9, 2015 $0.18
Feb 16, 2015 $1.89
Mar 8, 2015 $2.07 Feb 16, 2015 $0.39
Feb 23, 2015 $1.68
Mar 15, 2015 $2.07 Feb 23, 2015 $0.59
Mar 2, 2015 $1.48
Mar 22, 2015 $2.07 Mar 2, 2015 $0.80
Mar 9, 2015 $1.27
Mar 29, 2015 $2.07 Mar 9, 2015 $1.00
Mar 16, 2015 $1.07
Apr 5, 2015 $2.07 Mar 16, 2015 $1.20
Mar 23, 2015 $0.86
Apr 12, 2015 $2.07 Mar 23, 2015 $1.41
Mar 30, 2015 $0.66
Apr 19, 2015 $2.07 Mar 30, 2015 $1.61
Apr 6, 2015 $0.45
Apr 26, 2015 $2.07 Apr 6, 2015 $1.82
Apr 13, 2015 $0.25
May 3, 2015 $2.07 Apr 13, 2015 $2.02
Apr 20, 2015 $0.05
May 10, 2015 $2.07 Apr 20, 2015 $2.07
May 17, 2015 $2.07 Apr 20, 2015 $0.16
Apr 28, 2015 $1.91
May 24, 2015 $2.07 Apr 28, 2015 $0.36
May 4, 2015 $1.70
May 31, 2015 $2.07 May 4, 2015 $0.57
May 11, 2015 $1.50
Jun 7, 2015 $2.07 May 11, 2015 $0.77
May 18, 2015 $1.30
Jun 14, 2015 $2.07 May 18, 2015 $0.98
May 25, 2015 $1.09
Jun 21, 2015 $2.07 May 25, 2015 $1.18
Jun 1, 2015 $0.89
Jun 28, 2015 $2.07 Jun 1, 2015 $1.39
Jun 16, 2015 $0.68
Jul 5, 2015 $2.07 Jun 16, 2015 $2.07
Jul 12, 2015 $2.07 Jun 16, 2015 $2.07
Jul 19, 2015 $2.07 Jun 16, 2015 $0.18
Jul 1, 2015 $1.89
Jul 26, 2015 $2.07 Jul 1, 2015 $2.07
Aug 2, 2015 $2.07 Jul 1, 2015 $1.05
Jul 11, 2015 $1.02
Aug 9, 2015 $2.07 Jul 11, 2015 $1.25
Jul 13, 2015 $0.82
Aug 16, 2015 $2.07 Jul 13, 2015 $1.45
Jul 27, 2015 $0.61
Aug 23, 2015 $2.07 Jul 27, 2015 $2.07
Aug 30, 2015 $2.07 Jul 27, 2015 $2.07
Sep 6, 2015 $2.07 Jul 27, 2015 $0.25
Aug 10, 2015 $1.82
Sep 13, 2015 $2.07 Aug 10, 2015 $2.07
Sep 20, 2015 $2.07 Aug 10, 2015 $1.11
Aug 24, 2015 $0.95
Sep 27, 2015 $2.07 Aug 24, 2015 $2.07
Oct 4, 2015 $2.07 Aug 24, 2015 $1.98
Sep 10, 2015 $0.09
Oct 11, 2015 $2.07 Sep 10, 2015 $2.07
Oct 18, 2015 $2.07 Sep 10, 2015 $2.07
Oct 25, 2015 $2.07 Sep 10, 2015 $0.77
Dec 23, 2015 $1.30
Nov 1, 2015 $2.07 Dec 23, 2015 $2.07
Nov 8, 2015 $2.07 Dec 23, 2015 $2.07
Nov 15, 2015 $2.07 Dec 23, 2015 $2.07
Nov 22, 2015 $2.07 Dec 23, 2015 $2.07
Nov 29, 2015 $2.07 Dec 23, 2015 $2.07
Dec 6, 2015 $2.53 Dec 23, 2015 $2.53

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