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Jane

Eldoret Road Bloak, Kenya

100% repaid

Entrepreneur

Name

Jane

Member since

January 2015

On-time repayments

312 installments  •  87%

About Me

-I am a Married woman aged 53 I am the bread winner in my family
-I went to school up to primary level.
-One day I tried to start a business of selling paraffin but due to the high interest that the bank needed the business collapsed,I was supposed to pay the loan monthly but after taking the loan they changed to weekly which made me strain a lot to service.
-I started knitting when my business collapsed because I still needed to support my family and husband I started by knitting to my friends who after displaying my products in there Homes I got new customers which made the number to increase that’s how my business has been expanding.In Eldoret the population is so high and this is a good environment for my Business to grow.
I come from Kiambu and married to my Husband Who comes From Siaya I have been living in Eldoret for the past 30 yrs.

My Business

-I buy knitting threads from Eldoret town a role cost 1 $ each 1 set takes about 32 roles of thread which cost about 3200 /=(36 Us dolars) Kenyan shillings it varies with pattern in one month I can make 4 sates Which gives a nett profit of 5400/= (62 US Dollars)profit while my monthly expense are approximately 18200/=(209 US dollars)
The following is how I use my profit

10% give tithe to the Church
75% upkeep and food
10% support my grand Children
5% saving.

Loan Proposal

Thank you lenders for giving me this opportunity to get credit .
Given these second funding I will use all the 263 US dollars wisely in adding stock of 2 bells of knitting threads at a wholesale price,thus that will lower the cost of production.Which will enable me to increase my sales and overcome the challenge of selling out of stock.I plan to pay the loan from the profit I make. I look forward to your wise consideration and support ,God bless you

Feedback

6

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  • nicole    May 5, 2019

    My fifth (!!!!) loan with Jane -- still recommended!

    Log in to reply • Share
  • nicole    Dec 7, 2017

    My fourth (!) loan with Jane, still one of the best!!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$250.00

Date disbursed

Jun 8, 2015

Repayment status

On Time

Projected term

8 months

Lenders

nicole

Worcester, Ma, United States

Zidisha

Sterling, United States

Cloudways

Malta, Malta

vinnio

Burlingame California, United States

fairspirit

Utrecht, Netherlands

pvilliger

Zurich, Switzerland

H

Heroofcanton

United States

mepster

San Francisco, Ca, United States

MW

Matt Willis

United States

jtreyes

United States

JD

Jeff DePree

United States

PG

Paul Graham

United States

Robin Padberg

Pétion-Ville, Haiti

Ask Jane a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$263.21

Amount remaining

$0.00

Date repaid

Feb 28, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 21, 2015 $5.26 Jun 21, 2015 $5.26
Jun 28, 2015 $5.26 Jun 28, 2015 $5.26
Jul 5, 2015 $5.26 Jul 5, 2015 $5.26
Jul 12, 2015 $5.26 Jul 12, 2015 $5.26
Jul 19, 2015 $5.26 Jul 19, 2015 $5.26
Jul 26, 2015 $5.26 Jul 26, 2015 $5.26
Aug 2, 2015 $5.26 Aug 1, 2015 $5.26
Aug 9, 2015 $5.26 Aug 10, 2015 $5.26
Aug 16, 2015 $5.26 Aug 16, 2015 $5.26
Aug 23, 2015 $5.26 Aug 22, 2015 $5.26
Aug 30, 2015 $5.26 Aug 31, 2015 $5.26
Sep 6, 2015 $5.26 Sep 7, 2015 $5.26
Sep 13, 2015 $5.26 Sep 14, 2015 $5.26
Sep 20, 2015 $5.26 Sep 20, 2015 $5.26
Sep 27, 2015 $5.26 Sep 29, 2015 $5.26
Oct 4, 2015 $0.00
Oct 11, 2015 $7.37 Oct 3, 2015 $5.26
Oct 10, 2015 $2.11
Oct 18, 2015 $7.37 Oct 10, 2015 $5.26
Oct 17, 2015 $2.11
Oct 25, 2015 $7.37 Oct 17, 2015 $5.26
Oct 24, 2015 $2.11
Nov 1, 2015 $7.37 Oct 27, 2015 $7.37
Nov 8, 2015 $7.37 Nov 1, 2015 $7.37
Nov 15, 2015 $7.37 Nov 7, 2015 $7.37
Nov 22, 2015 $7.37 Nov 14, 2015 $7.37
Nov 29, 2015 $7.37 Nov 24, 2015 $7.37
Dec 6, 2015 $7.37 Nov 29, 2015 $7.37
Dec 13, 2015 $7.37 Dec 8, 2015 $7.37
Dec 20, 2015 $7.37 Dec 14, 2015 $7.37
Dec 27, 2015 $7.37 Dec 22, 2015 $7.37
Jan 3, 2016 $7.37 Dec 28, 2015 $7.37
Jan 10, 2016 $7.37 Jan 6, 2016 $7.37
Jan 17, 2016 $7.37 Jan 13, 2016 $7.37
Jan 24, 2016 $7.37 Jan 21, 2016 $7.37
Jan 31, 2016 $7.37 Jan 27, 2016 $7.37
Feb 7, 2016 $7.37 Feb 1, 2016 $7.37
Feb 14, 2016 $10.53 Feb 9, 2016 $10.53
Feb 21, 2016 $10.53 Feb 16, 2016 $10.53
Feb 28, 2016 $10.53 Feb 22, 2016 $10.53
Mar 6, 2016 $20.05 Feb 28, 2016 $20.05

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