Name
Grace
Member since
May 2017
On-time repayments
59 installments • 59%
I started making shaggy mats last year and so far it's been a thrilling journey. I also want to sell second hand clothes and shoes. The world of business is very challenging and requires a very sharp mind. Business has been slow for the past three months and this has made it difficult for me to make any meaningful progress, but with the patience that my business has taught me, I hope to make it through this difficult season. I have also learnt new things in the process which I hope to pursue to make positive progress.
I began making shaggy mats as a hobby, then later with the money I had acquired from my savings. This started from a simple KES 1000 that I had saved during a very difficult season. I say misfortunes can birth good things. I want to start this clothes business with only a few pieces of clothes. I intend to build it up to a wholesale level. For the shaggy mats, I also want to expand to a wider market as I also train other interested women at a fee.
This loan will go a long way in helping me purchase my working tools for expansion. I need tapestry, balls of wool, crotchet, pair of scissors and marker pens for bringing out the designs. since I am looking forward to making more profit, the incorporation of more hands to help or train will definitely give me more to repay my loan n build the business. for the training I will get to charge for my equipment as well as my services. a win-win situation.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Jul 25, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Amount repaid
$7.78
Amount remaining
$0.00
Date repaid
Aug 16, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Aug 7, 2017 | $0.99 | Aug 6, 2017 | $0.99 |
Aug 14, 2017 | $0.99 | Aug 16, 2017 | $0.99 |
Aug 21, 2017 | $0.99 | Aug 16, 2017 | $0.99 |
Aug 28, 2017 | $0.99 | Aug 16, 2017 | $0.99 |
Sep 4, 2017 | $0.99 | Aug 16, 2017 | $0.99 |
Sep 11, 2017 | $0.99 | Aug 16, 2017 | $0.99 |
Sep 18, 2017 | $0.99 | Aug 16, 2017 | $0.99 |
Sep 25, 2017 | $0.87 | Aug 16, 2017 | $0.87 |
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