Entrepreneur
Name
Ednah
Member since
June 2014
On-time repayments
52 installments • 33%
About Me
I am a simple and humble lady who comes from a humble background. I try have tried my hands in various business ventures to make ends meet. Currently I am working on handcrafted shoes which I make and sell. I am a mother of two, a boy and a girl, and am determined to stop at nothing to see them excel in life. My passion for curios and handicrafts has seen me in the industry for the better part of my life. I joy in making beautiful artifacts which I then sell to make a living. I am optimistic about life and I believe the future holds good prospects for me and my children. I am honest, trustworthy and self-driven.
My Business
I venture in the handicraft industry. I make ornaments and jewellery, as well as bags and shoes. Right now, I am specializing in the making of ladies shoes that are bead-decorated. I enjoy working in the industry as there are average returns and there is flexibility because I am my own boss. The usual costs are the cost of raw materials, delivery costs and wages for part time employees. The business is currently booming and I would want to capture the opportunity to better my earning and improve the quality of life.
Loan Proposal
I am humbled to have been offered this chance to provide lenders with a proposal of what I intend to do with the loan awarded. The money will be invested in my sandals business where I intend to increase the volume of production by buying more materials and employing one person to help me in the decoration part of it.
I intend to use 90 dollars to purchase materials such as beads, leather, glue, wire, laces and other tools that will be used by the employee as well as complementing the materials I already have. The other 45dollars will be used for paying the new employee before the products will have converted into returns.
I am optimistic that this move will help me grow my small business in a great way as I am anticipating the growth of sales due to increase of customers. I am thankful in advance of the funding of the loan.
Feedback
Positive
None
Neutral
None
Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jul 18, 2014
Repayment status
Late
Projected term
12 months
Lenders
Summary
Amount repaid
$53.53
Amount remaining
$110.77
Expected completion
Jul 20, 2015
Status
Repaying late
Installment amount
$3.16
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 28, 2014 | $3.16 | Jul 28, 2014 | $3.14 |
| Aug 5, 2014 | $0.02 | ||
| Aug 4, 2014 | $3.16 | Aug 5, 2014 | $3.12 |
| Aug 11, 2014 | $0.05 | ||
| Aug 11, 2014 | $3.16 | Aug 11, 2014 | $3.09 |
| Aug 18, 2014 | $0.07 | ||
| Aug 18, 2014 | $3.16 | Aug 18, 2014 | $3.07 |
| Aug 26, 2014 | $0.09 | ||
| Aug 25, 2014 | $3.16 | Aug 26, 2014 | $3.05 |
| Sep 5, 2014 | $0.12 | ||
| Sep 1, 2014 | $3.16 | Sep 5, 2014 | $3.16 |
| Sep 8, 2014 | $3.16 | Sep 5, 2014 | $0.09 |
| Sep 9, 2014 | $3.07 | ||
| Sep 15, 2014 | $3.16 | Sep 9, 2014 | $0.07 |
| Sep 15, 2014 | $3.09 | ||
| Sep 22, 2014 | $3.16 | Sep 15, 2014 | $0.05 |
| Sep 22, 2014 | $3.12 | ||
| Sep 29, 2014 | $3.16 | Sep 22, 2014 | $0.02 |
| Sep 29, 2014 | $3.14 | ||
| Oct 6, 2014 | $3.16 | Oct 15, 2014 | $3.16 |
| Oct 13, 2014 | $3.16 | Oct 15, 2014 | $0.33 |
| Oct 22, 2014 | $2.84 | ||
| Oct 20, 2014 | $3.16 | Oct 22, 2014 | $0.65 |
| Oct 28, 2014 | $2.51 | ||
| Oct 27, 2014 | $3.16 | Oct 28, 2014 | $0.63 |
| Nov 3, 2014 | $2.53 | ||
| Nov 3, 2014 | $3.16 | Nov 3, 2014 | $0.60 |
| Nov 15, 2014 | $2.56 | ||
| Nov 10, 2014 | $3.16 | Nov 15, 2014 | $0.58 |
| Nov 27, 2014 | $2.58 | ||
| Nov 17, 2014 | $3.16 | Nov 27, 2014 | $0.56 |
| Dec 10, 2014 | $2.33 | ||
| Nov 24, 2014 | $3.16 | ||
| Dec 1, 2014 | $3.16 | ||
| Dec 8, 2014 | $3.16 | ||
| Dec 15, 2014 | $3.16 | ||
| Dec 22, 2014 | $3.16 | ||
| Dec 29, 2014 | $3.16 | ||
| Jan 5, 2015 | $3.16 | ||
| Jan 12, 2015 | $3.16 | ||
| Jan 19, 2015 | $3.16 | ||
| Jan 26, 2015 | $3.16 | ||
| Feb 2, 2015 | $3.16 | ||
| Feb 9, 2015 | $3.16 | ||
| Feb 16, 2015 | $3.16 | ||
| Feb 23, 2015 | $3.16 | ||
| Mar 2, 2015 | $3.16 | ||
| Mar 9, 2015 | $3.16 | ||
| Mar 16, 2015 | $3.16 | ||
| Mar 23, 2015 | $3.16 | ||
| Mar 30, 2015 | $3.16 | ||
| Apr 6, 2015 | $3.16 | ||
| Apr 13, 2015 | $3.16 | ||
| Apr 20, 2015 | $3.16 | ||
| Apr 27, 2015 | $3.16 | ||
| May 4, 2015 | $3.16 | ||
| May 11, 2015 | $3.16 | ||
| May 18, 2015 | $3.16 | ||
| May 25, 2015 | $3.16 | ||
| Jun 1, 2015 | $3.16 | ||
| Jun 8, 2015 | $3.16 | ||
| Jun 15, 2015 | $3.16 | ||
| Jun 22, 2015 | $3.16 | ||
| Jun 29, 2015 | $3.16 | ||
| Jul 6, 2015 | $3.16 | ||
| Jul 13, 2015 | $3.16 | ||
| Jul 20, 2015 | $3.00 | ||
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