Building shaggy mats

Grace

Obambo, Kenya

100% repaid

Entrepreneur

Name

Grace

Member since

May 2017

On-time repayments

59 installments  •  59%

About Me

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.

My Business

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.

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.00

Date disbursed

Jul 25, 2017

Repayment status

On Time

Projected term

8 weeks

Lenders

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

KP

Keith Penrod

United States

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Summary

Amount repaid

$7.78

Amount remaining

$0.00

Date repaid

Aug 16, 2017

Status

Fully repaid

Repayment History

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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