Regina Mary
Nairobi, Kenya
100% repaid
Name
Regina Mary
Member since
January 2015
On-time repayments
289 installments • 80%
I’m the second born in a family of eight. Since my parents didn't have enough money to pay school fees for all of us, I didn't advance much in education as I was forced by the circumstances to do odd jobs to support my younger brothers and sisters. I was employed as a tea girl in a local primary school and it’s from that job that I saved some capital that helped me start my current business of selling second hand clothes. I would want to see my children grow to become successful people who shall make a difference in other people’s lives. Besides working, I love taking a nature walk, meeting new friends and reading magazines during my free time.
My business involves selling of both new and second hand clothes for women and children. Initially I started with selling the second hand clothes only, since majority of the citizens are not able to afford new clothes but still need to look decent in their outfit. Currently, I’m also selling brand new clothes, since demand for them is slowly increasing as the purchasing power of my customers increase. It’s also an open secret that women are the highest buyers of clothes, as opposed to men. In a typical day, my incomes ranges between 20$ to 30$, and I set aside 7$ each day, to cater for my running expenses like rent for the shop, transport, lunch and several other expenses. This leaves me with between 16$ to 23$ which helps me to cater for other needs like providing food for my family, paying rent for our house, paying school fees, expanding my business and also extend a hand of help to the more needy like the kids in children homes.
Hello Lenders. This is what i plan to buy with the new loan;
1. Twenty pairs of Ankle stacked heeled sandals going at 7$ per pair, and sell at 10$ per pair, giving a profit margin of 3$ per pair.
2. Ten pairs of Open toe buckled sandals going at 6$ per pair and sell at 8$ per pair, giving a profit margin of 2$ per pair.
3. Ten pairs of Stylish leather sandals going at 7.8$ per pair and sell at 11$ per pair, giving a profit margin of 3.2$ per pair.
4. Twenty pairs of Women flat shoes going at 5$ per pair and sell at 8$ per pair, giving a profit margin of 3$ per pair.
5. Ten pairs of Wide fuschia open courts going at 9$ per pair and sell at 13$ per pair, giving a profit margin of 4$ per pair.
6. Fifteen pairs of Classy ladies boots going at 11$ per pair and sell at 14$ per pair, giving a profit margin of 3$ per pair.
I expect my profit margin to grow by approx. 20% per month from the next two months. I will use part of the profit to expand my business, by adding more stock and opening other new joints and the rest of the profit to assist my family and needy members in the society. Thanks a lot for your anticipated help..
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$612.00
Date disbursed
Jun 28, 2016
Repayment status
On Time
Projected term
15 months
Other loans
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Amount repaid
$642.59
Amount remaining
$0.00
Date repaid
Dec 24, 2017
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jul 10, 2016 | $10.08 | Jul 10, 2016 | $10.08 |
Jul 17, 2016 | $10.08 | Jul 19, 2016 | $10.08 |
Jul 24, 2016 | $10.08 | Jul 25, 2016 | $10.08 |
Jul 31, 2016 | $10.08 | Aug 3, 2016 | $10.08 |
Aug 7, 2016 | $10.08 | Aug 8, 2016 | $10.08 |
Aug 14, 2016 | $0.00 | ||
Aug 21, 2016 | $5.04 | Aug 16, 2016 | $5.04 |
Aug 28, 2016 | $5.04 | Aug 16, 2016 | $5.04 |
Sep 4, 2016 | $5.04 | Aug 23, 2016 | $5.04 |
Sep 11, 2016 | $5.04 | Aug 29, 2016 | $5.04 |
Sep 18, 2016 | $5.04 | Sep 5, 2016 | $5.04 |
Sep 25, 2016 | $5.04 | Sep 13, 2016 | $5.04 |
Oct 2, 2016 | $5.04 | Sep 18, 2016 | $5.04 |
Oct 9, 2016 | $5.04 | Sep 26, 2016 | $5.04 |
Oct 16, 2016 | $5.04 | Oct 4, 2016 | $5.04 |
Oct 23, 2016 | $5.04 | Oct 11, 2016 | $5.04 |
Oct 30, 2016 | $5.04 | Oct 17, 2016 | $5.04 |
Nov 6, 2016 | $5.04 | Oct 31, 2016 | $5.04 |
Nov 13, 2016 | $5.04 | Nov 6, 2016 | $5.04 |
Nov 20, 2016 | $5.04 | Nov 13, 2016 | $5.04 |
Nov 27, 2016 | $5.04 | Nov 20, 2016 | $5.04 |
Dec 4, 2016 | $5.04 | Nov 27, 2016 | $5.04 |
Dec 11, 2016 | $5.04 | Dec 5, 2016 | $5.04 |
Dec 18, 2016 | $5.04 | Dec 11, 2016 | $5.04 |
Dec 25, 2016 | $5.04 | Dec 18, 2016 | $5.04 |
Jan 1, 2017 | $5.04 | Dec 27, 2016 | $5.04 |
Jan 8, 2017 | $5.04 | Jan 1, 2017 | $5.04 |
Jan 15, 2017 | $5.04 | Jan 8, 2017 | $5.04 |
Jan 22, 2017 | $5.04 | Jan 16, 2017 | $5.04 |
Jan 29, 2017 | $5.04 | Jan 22, 2017 | $5.04 |
Feb 5, 2017 | $5.04 | Jan 29, 2017 | $5.04 |
Feb 12, 2017 | $5.04 | Feb 4, 2017 | $5.04 |
Feb 19, 2017 | $5.04 | Feb 12, 2017 | $5.04 |
Feb 26, 2017 | $5.04 | Feb 20, 2017 | $5.04 |
Mar 5, 2017 | $5.04 | Feb 26, 2017 | $5.04 |
Mar 12, 2017 | $5.04 | Mar 12, 2017 | $5.04 |
Mar 19, 2017 | $5.04 | Mar 19, 2017 | $5.04 |
Mar 26, 2017 | $5.04 | Mar 31, 2017 | $5.04 |
Apr 2, 2017 | $5.04 | Apr 2, 2017 | $5.04 |
Apr 9, 2017 | $5.04 | Apr 9, 2017 | $5.04 |
Apr 16, 2017 | $5.04 | Apr 16, 2017 | $5.04 |
Apr 23, 2017 | $5.04 | Apr 23, 2017 | $5.04 |
Apr 30, 2017 | $5.04 | Apr 30, 2017 | $5.04 |
May 7, 2017 | $5.04 | May 8, 2017 | $5.04 |
May 14, 2017 | $5.04 | May 14, 2017 | $5.04 |
May 21, 2017 | $5.04 | May 21, 2017 | $5.04 |
May 28, 2017 | $5.04 | May 29, 2017 | $5.04 |
Jun 4, 2017 | $5.04 | Jun 4, 2017 | $5.04 |
Jun 11, 2017 | $5.04 | Jun 11, 2017 | $5.04 |
Jun 18, 2017 | $5.04 | Jun 19, 2017 | $5.04 |
Jun 25, 2017 | $5.04 | Jun 26, 2017 | $5.04 |
Jul 2, 2017 | $5.04 | Jul 2, 2017 | $5.04 |
Jul 9, 2017 | $5.04 | Jul 9, 2017 | $5.04 |
Jul 16, 2017 | $5.04 | Jul 16, 2017 | $5.04 |
Jul 23, 2017 | $5.04 | Jul 23, 2017 | $5.04 |
Jul 30, 2017 | $5.04 | Jul 30, 2017 | $5.04 |
Aug 6, 2017 | $5.04 | Aug 6, 2017 | $5.04 |
Aug 13, 2017 | $5.04 | Aug 14, 2017 | $5.04 |
Aug 20, 2017 | $5.04 | Aug 20, 2017 | $5.04 |
Aug 27, 2017 | $5.04 | Aug 27, 2017 | $5.04 |
Sep 3, 2017 | $5.04 | Sep 3, 2017 | $5.04 |
Sep 10, 2017 | $5.04 | Sep 11, 2017 | $5.04 |
Sep 17, 2017 | $5.04 | Sep 18, 2017 | $5.04 |
Sep 24, 2017 | $5.04 | Sep 24, 2017 | $5.04 |
Oct 1, 2017 | $5.04 | Oct 8, 2017 | $5.04 |
Oct 8, 2017 | $5.04 | Oct 15, 2017 | $5.04 |
Oct 15, 2017 | $5.04 | Oct 15, 2017 | $5.04 |
Oct 22, 2017 | $284.65 | Oct 15, 2017 | $274.57 |
Dec 24, 2017 | $10.07 |
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