Add stock to my second-hand clothing business
Franklin
Nakuru, Kenya
11% repaid
Entrepreneur
Name
Franklin
Member since
August 2011
On-time repayments
321 installments • 24%
About Me
My is Franklin married with one child am hard working and determined Kenyan.I have a business that is located at Kaptembwa
Majority of our customers are the residents of the area
The main line of business is suppliers of small selected items like sweets, polythenes etc , photocopy and mpesa
Kamptembwa area is a semi slum and has more the 10,000 residence. I have diversified in my business to ensure that there is continuous profitability.
The main challenge of the business is limited lack of funds and we plough back most of the business profit to ensure business growth. The future plans of the business is to become a small wholesale and include more products than what we are currently having.
My Business
My business is currently located at Kaptembwa area in nakuru town
The main business is photocopy, Mpesa and supplies of sweets and polythene.
On average the business makes 1500 per day which translate to around 40,000 per month
MONTHLY EXPENSES
stocks 15,000
rent 3,000
electricity 1,500
salary and wages 9,500
TOTAL EXPENSES 29,000
TOTAL INCOME 21,000
TAX 1500
This shows monthly business accounts and I believe that if I can have more capital business revenues can increase.The business faces competition from other business hence we need to diversify our products and that is why I need some funding so that I can add stock for my business.
Loan Proposal
For many years i have been doing mpesa and photocopy business, due to competition in the area late last year i introduced Mitumba or second hand cloths at outside my business. The business is doing well. The major challange is limited capital. With good capital it is possible to buy second hand cloths in bales rather than buying in pieces hence make more profit.
Currently i need $30 to boost the business ansd I can be able to raise $20 hence i am humbling requesting for $10 .
My daily sales from second hand cloths is $8 which is adequate to cover most of the costs
If i can get $30 my daily sales will increase to $20 per month.
THANKS ALOT ZINDISHA TEAM
Feedback
Positive
5
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$68.00
Date disbursed
Jan 27, 2016
Repayment status
Late
Projected term
45 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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Summary
Amount repaid
$8.00
Amount remaining
$63.59
Expected completion
Oct 28, 2019
Status
Repaying late
Installment amount
$3.00
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 8, 2016 | $4.00 | Apr 27, 2016 | $4.00 |
| Feb 15, 2016 | $1.00 | Apr 27, 2016 | $1.00 |
| Feb 22, 2016 | $0.00 | ||
| Feb 29, 2016 | $0.00 | ||
| Mar 7, 2016 | $0.00 | ||
| Mar 14, 2016 | $0.00 | ||
| Mar 21, 2016 | $0.00 | ||
| Mar 28, 2016 | $0.00 | ||
| Apr 4, 2016 | $0.00 | ||
| Apr 11, 2016 | $0.00 | ||
| Apr 18, 2016 | $0.00 | ||
| Apr 25, 2016 | $0.00 | ||
| May 2, 2016 | $0.00 | ||
| May 9, 2016 | $1.00 | Jun 23, 2019 | $1.00 |
| May 16, 2016 | $1.00 | Jun 23, 2019 | $1.00 |
| May 23, 2016 | $1.00 | Jun 23, 2019 | $1.00 |
| May 30, 2016 | $0.00 | ||
| Jun 6, 2016 | $0.00 | ||
| Jun 13, 2016 | $0.00 | ||
| Jun 20, 2016 | $0.00 | ||
| Jun 27, 2016 | $0.00 | ||
| Jul 4, 2016 | $0.00 | ||
| Jul 11, 2016 | $0.00 | ||
| Jul 18, 2016 | $0.00 | ||
| Jul 25, 2016 | $0.00 | ||
| Aug 1, 2016 | $0.00 | ||
| Aug 8, 2016 | $0.00 | ||
| Aug 15, 2016 | $0.00 | ||
| Aug 22, 2016 | $0.00 | ||
| Aug 29, 2016 | $0.00 | ||
| Sep 5, 2016 | $0.00 | ||
| Sep 12, 2016 | $0.00 | ||
| Sep 19, 2016 | $0.00 | ||
| Sep 26, 2016 | $0.00 | ||
| Oct 3, 2016 | $0.00 | ||
| Oct 10, 2016 | $0.00 | ||
| Oct 17, 2016 | $0.00 | ||
| Oct 24, 2016 | $0.00 | ||
| Oct 31, 2016 | $0.00 | ||
| Nov 7, 2016 | $0.00 | ||
| Nov 14, 2016 | $0.00 | ||
| Nov 21, 2016 | $0.00 | ||
| Nov 28, 2016 | $0.00 | ||
| Dec 5, 2016 | $0.00 | ||
| Dec 12, 2016 | $0.00 | ||
| Dec 19, 2016 | $0.00 | ||
| Dec 26, 2016 | $0.00 | ||
| Jan 2, 2017 | $0.00 | ||
| Jan 9, 2017 | $0.00 | ||
| Jan 16, 2017 | $0.00 | ||
| Jan 23, 2017 | $0.00 | ||
| Jan 30, 2017 | $0.00 | ||
| Feb 6, 2017 | $0.00 | ||
| Feb 13, 2017 | $0.00 | ||
| Feb 20, 2017 | $0.00 | ||
| Feb 27, 2017 | $0.00 | ||
| Mar 6, 2017 | $0.00 | ||
| Mar 13, 2017 | $0.00 | ||
| Mar 20, 2017 | $0.00 | ||
| Mar 27, 2017 | $0.00 | ||
| Apr 3, 2017 | $0.00 | ||
| Apr 10, 2017 | $0.00 | ||
| Apr 17, 2017 | $0.00 | ||
| Apr 24, 2017 | $0.00 | ||
| May 1, 2017 | $0.00 | ||
| May 8, 2017 | $0.00 | ||
| May 15, 2017 | $0.00 | ||
| May 22, 2017 | $0.00 | ||
| May 29, 2017 | $0.00 | ||
| Jun 5, 2017 | $0.00 | ||
| Jun 12, 2017 | $0.00 | ||
| Jun 19, 2017 | $0.00 | ||
| Jun 26, 2017 | $0.00 | ||
| Jul 3, 2017 | $0.00 | ||
| Jul 10, 2017 | $0.00 | ||
| Jul 17, 2017 | $0.00 | ||
| Jul 24, 2017 | $0.00 | ||
| Jul 31, 2017 | $0.00 | ||
| Aug 7, 2017 | $0.00 | ||
| Aug 14, 2017 | $0.00 | ||
| Aug 21, 2017 | $0.00 | ||
| Aug 28, 2017 | $0.00 | ||
| Sep 4, 2017 | $0.00 | ||
| Sep 11, 2017 | $0.00 | ||
| Sep 18, 2017 | $0.00 | ||
| Sep 25, 2017 | $0.00 | ||
| Oct 2, 2017 | $0.00 | ||
| Oct 9, 2017 | $0.00 | ||
| Oct 16, 2017 | $0.00 | ||
| Oct 23, 2017 | $0.00 | ||
| Oct 30, 2017 | $0.00 | ||
| Nov 6, 2017 | $0.00 | ||
| Nov 13, 2017 | $0.00 | ||
| Nov 20, 2017 | $0.00 | ||
| Nov 27, 2017 | $0.00 | ||
| Dec 4, 2017 | $0.00 | ||
| Dec 11, 2017 | $0.00 | ||
| Dec 18, 2017 | $0.00 | ||
| Dec 25, 2017 | $0.00 | ||
| Jan 1, 2018 | $0.00 | ||
| Jan 8, 2018 | $0.00 | ||
| Jan 15, 2018 | $0.00 | ||
| Jan 22, 2018 | $0.00 | ||
| Jan 29, 2018 | $0.00 | ||
| Feb 5, 2018 | $0.00 | ||
| Feb 12, 2018 | $0.00 | ||
| Feb 19, 2018 | $0.00 | ||
| Feb 26, 2018 | $0.00 | ||
| Mar 5, 2018 | $0.00 | ||
| Mar 12, 2018 | $0.00 | ||
| Mar 19, 2018 | $0.00 | ||
| Mar 26, 2018 | $0.00 | ||
| Apr 2, 2018 | $0.00 | ||
| Apr 9, 2018 | $0.00 | ||
| Apr 16, 2018 | $0.00 | ||
| Apr 23, 2018 | $0.00 | ||
| Apr 30, 2018 | $0.00 | ||
| May 7, 2018 | $0.00 | ||
| May 14, 2018 | $0.00 | ||
| May 21, 2018 | $0.00 | ||
| May 28, 2018 | $0.00 | ||
| Jun 4, 2018 | $0.00 | ||
| Jun 11, 2018 | $0.00 | ||
| Jun 18, 2018 | $0.00 | ||
| Jun 25, 2018 | $0.00 | ||
| Jul 2, 2018 | $0.00 | ||
| Jul 9, 2018 | $0.00 | ||
| Jul 16, 2018 | $0.00 | ||
| Jul 23, 2018 | $0.00 | ||
| Jul 30, 2018 | $0.00 | ||
| Aug 6, 2018 | $0.00 | ||
| Aug 13, 2018 | $0.00 | ||
| Aug 20, 2018 | $0.00 | ||
| Aug 27, 2018 | $0.00 | ||
| Sep 3, 2018 | $0.00 | ||
| Sep 10, 2018 | $0.00 | ||
| Sep 17, 2018 | $0.00 | ||
| Sep 24, 2018 | $0.00 | ||
| Oct 1, 2018 | $0.00 | ||
| Oct 8, 2018 | $0.00 | ||
| Oct 15, 2018 | $0.00 | ||
| Oct 22, 2018 | $0.00 | ||
| Oct 29, 2018 | $0.00 | ||
| Nov 5, 2018 | $0.00 | ||
| Nov 12, 2018 | $0.00 | ||
| Nov 19, 2018 | $0.00 | ||
| Nov 26, 2018 | $0.00 | ||
| Dec 3, 2018 | $0.00 | ||
| Dec 10, 2018 | $0.00 | ||
| Dec 17, 2018 | $0.00 | ||
| Dec 24, 2018 | $0.00 | ||
| Dec 31, 2018 | $0.00 | ||
| Jan 7, 2019 | $0.00 | ||
| Jan 14, 2019 | $0.00 | ||
| Jan 21, 2019 | $0.00 | ||
| Jan 28, 2019 | $0.00 | ||
| Feb 4, 2019 | $0.00 | ||
| Feb 11, 2019 | $0.00 | ||
| Feb 18, 2019 | $0.00 | ||
| Feb 25, 2019 | $0.00 | ||
| Mar 4, 2019 | $0.00 | ||
| Mar 11, 2019 | $0.00 | ||
| Mar 18, 2019 | $0.00 | ||
| Mar 25, 2019 | $0.00 | ||
| Apr 1, 2019 | $0.00 | ||
| Apr 8, 2019 | $0.00 | ||
| Apr 15, 2019 | $0.00 | ||
| Apr 22, 2019 | $0.00 | ||
| Apr 29, 2019 | $0.00 | ||
| May 6, 2019 | $0.00 | ||
| May 13, 2019 | $0.00 | ||
| May 20, 2019 | $0.00 | ||
| May 27, 2019 | $0.00 | ||
| Jun 3, 2019 | $0.00 | ||
| Jun 10, 2019 | $0.00 | ||
| Jun 17, 2019 | $0.00 | ||
| Jun 24, 2019 | $0.00 | ||
| Jul 1, 2019 | $0.00 | ||
| Jul 8, 2019 | $0.00 | ||
| Jul 15, 2019 | $3.00 | ||
| Jul 22, 2019 | $3.00 | ||
| Jul 29, 2019 | $3.00 | ||
| Aug 5, 2019 | $3.00 | ||
| Aug 12, 2019 | $3.00 | ||
| Aug 19, 2019 | $5.51 | ||
| Aug 26, 2019 | $5.51 | ||
| Sep 2, 2019 | $5.51 | ||
| Sep 9, 2019 | $5.51 | ||
| Sep 16, 2019 | $5.51 | ||
| Sep 23, 2019 | $4.00 | ||
| Sep 30, 2019 | $4.00 | ||
| Oct 7, 2019 | $4.00 | ||
| Oct 14, 2019 | $4.00 | ||
| Oct 21, 2019 | $4.00 | ||
| Oct 28, 2019 | $1.04 | ||
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