Entrepreneur
Name
Christine
Member since
May 2017
On-time repayments
50 installments • 78%
About Me
My name is Christine Mbinga, I sat for my fourth form in 2013. I am a mother of one daughter but stays with two children who are my immediate cousins this is so because they have been staying with their mother but she find it difficult in raising them so i had to chip in to make their future bright. I had been just a house wife when i found it difficult on depending on people so i decided to find a place and with the help of relatives i managed to start my own business of selling bevarages and shoes especially for ladies..
This side of the country climate is always favourable and we really thank God for that, Although my daughter is still young but i would like her to be a nurse when she grows up or else she has her own thoughts. My hobby is listening to music and offering help to people where i can.
My Business
I sell bevarages like sodas, water, minute maids, Novidas etc. They are on demand because most of people in Kenya here especially those with short time during lunch they take them as quick lunches and go back to work. The capital for starting it was not much, it was Kenya Shillings 15000 which i managed to raise from relatives. After selling I usually make sure that I only use half of the profit and save the other half so that I may be able to add stock. On the other hand I also manage to sell shoes for ladies this is so because I don't want to depend on bevarages alone.
Loan Proposal
When granted the loan I still want to add stock to my shop. That is still want to purchase shoes especially the new once in the market, since ladies like and goes with what is in fashion. I will use Kshs. 4000 ($39) of which I believe I will still make an extra profit more than the previous stock.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$41.00
Date disbursed
Mar 21, 2018
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Germany
United States
United States
United States
Germany
United States
Summary
Amount repaid
$41.93
Amount remaining
$0.00
Date repaid
May 26, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 31, 2018 | $4.93 | Mar 31, 2018 | $4.93 |
| Apr 7, 2018 | $4.93 | Apr 8, 2018 | $4.93 |
| Apr 14, 2018 | $4.93 | Apr 14, 2018 | $4.93 |
| Apr 21, 2018 | $4.93 | Apr 22, 2018 | $4.93 |
| Apr 28, 2018 | $4.93 | Apr 29, 2018 | $4.93 |
| May 5, 2018 | $4.93 | May 6, 2018 | $4.93 |
| May 12, 2018 | $4.93 | May 12, 2018 | $4.93 |
| May 19, 2018 | $4.93 | May 20, 2018 | $4.93 |
| May 26, 2018 | $2.51 | May 26, 2018 | $2.51 |
Ask Christine a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.