Elizabeth
Ruiru, Kiambu County, Kenya
100% repaid
Name
Elizabeth
Member since
July 2014
On-time repayments
268 installments • 67%
I am a hardworking lady who loves her family and loves doing business. I believe that business is very important in the growth of every country. Additionally the more people are in business, the lower the unemployment rate becomes. I thank God for Zidisha which is a great platform for budding business people.
I started my business about three years ago with an initial capital of Ksh150,000 ($1726) it entails reselling of both men‘s underwear and socks as well as women‘s underwear .The business accrues a monthly income of Ksh25,000 ($288) in sales and a net profit of about Ksh9,000 ($104).My monthly expenses include rent for the business premises and salary for my one employee all totaling to Ksh15,000 ($173) .My business projections for the coming years is to expand it to a larger one with huge variants of products to counter the costs I encounter. I want to also want to create more jobs to the community around by employing a few more personnel.
I am grateful for this opportunity iam requesting for this loan to add more n new wares that have entered the market they are In great demand right now the new products will lift my sales and enable me to make more profits like now my profits range from 30000 to 35000 before deducting rent and license but once I expand it will raise to 40000 to 45000 per month.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$601.00
Date disbursed
Nov 26, 2015
Repayment status
On Time
Projected term
3 months
Other loans
Amount repaid
$631.73
Amount remaining
$0.00
Date repaid
Mar 7, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Dec 6, 2015 | $45.00 | Dec 6, 2015 | $45.00 |
Dec 13, 2015 | $45.00 | Dec 13, 2015 | $45.00 |
Dec 20, 2015 | $45.00 | Dec 22, 2015 | $45.00 |
Dec 27, 2015 | $45.00 | Jan 2, 2016 | $45.00 |
Jan 3, 2016 | $45.00 | Jan 2, 2016 | $45.00 |
Jan 10, 2016 | $45.00 | Jan 14, 2016 | $45.00 |
Jan 17, 2016 | $45.00 | Jan 20, 2016 | $45.00 |
Jan 24, 2016 | $45.00 | Jan 30, 2016 | $45.00 |
Jan 31, 2016 | $45.00 | Feb 6, 2016 | $45.00 |
Feb 7, 2016 | $45.00 | Feb 12, 2016 | $45.00 |
Feb 14, 2016 | $45.00 | Feb 19, 2016 | $45.00 |
Feb 21, 2016 | $45.00 | Feb 27, 2016 | $45.00 |
Feb 28, 2016 | $45.00 | Mar 5, 2016 | $45.00 |
Mar 6, 2016 | $45.00 | Mar 5, 2016 | $1.73 |
Mar 7, 2016 | $43.27 | ||
Mar 13, 2016 | $1.73 | Mar 7, 2016 | $1.73 |
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