Buying more inventory for my boutique

Fred

Nairobi, Kenya

43% repaid

Entrepreneur

Name

Fred

Member since

March 2015

On-time repayments

248 installments  •  33%

About Me

My name is Fred Ongaki I come from a village called Bogusero in Nyamira County. I went to Sengereri Primary school and then proceeded to Nyamiranga secondary school for my secondary education. I passed very well and was called to Join Kenyatta University for higher education. I completed my undergraduate university education in 2011 and decided to venture into business because in my country Kenya the level of unemployment is very low and therefore getting a job is something that is very difficult. I come from an extended family and we are 7 in our family: 4 brothers and 3 sisters. Am the eldest and for this reason I have to struggle to assist them financially in one way or another. My parents are not all that able and therefore they cannot raise all the fees required to pay for my other siblings and this made me to look for a business that can earn me something so that I can support them in one way or the other. I am happy about Zidisha because they helped me improve my business when they first gave me a loan and therefore let me hope you will continue offering me support. Thanks Zidisha and thank you lenders

My Business

I first started my business in 2012 and this was after finishing my university undergraduate degree and the reason why I did so was because I looked for an employment opportunity but was not able to find it anywhere and this is what motivated me to enter into the business of selling clothes. I first looked for a starting capital from some of my colleagues and it assisted me to venture into business. The loan I got from Zidisha assisted me to improve my business and now I own a very big boutique at kahawa wendani that sells all types of clothes. I sell all kinds of clothes especially the male and ladies clothes because they are on demand due to the high population around the area. Am sure that I will increase my business with coming loan. Some of the clothes I sell are:
Men’s trousers @$7
Women’s trousers@ $ 8
Men’s jackets @$5
Men’s shoes @$12
Ladies shoes @$10
Shirts @$4
THANKS LENDERS FOR YOUR SUPPORT

Loan Proposal

HELLO LENDERS!
Am happy for the previous loan which you gave to me. My business has greatly improved up to an extent of generating me a profit of around $5 per day. I am happy for the loan and I intend to use the next loan to expand my business by buying more inventory to contain the increased number of customers buying clothes. I kindly ask you lenders to fund me so that I expand my cloth selling business and through the way I will generate extra income. I would use the loan to increase stock on the following clothes:
Men Suits @ $18
Men Jackets @ $4
Female trousers/ jeans @ $10
Female shoes @$ 10
Men Shirts/ t-shirts @ $ 7
These are the inventory I intend to increase in my boutique. Kindly lenders consider funding my loan. Thank you

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$462.00

Date disbursed

Oct 20, 2015

Repayment status

Late

Projected term

69 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$204.11

Amount remaining

$268.66

Expected completion

Mar 22, 2020

Status

Repaying late

Installment amount

$52.53

Repayment History

Expected Payments Actual Payments
Nov 1, 2015 $25.00 Nov 2, 2015 $25.00
Nov 8, 2015 $10.00 Nov 2, 2015 $10.00
Nov 15, 2015 $10.00 Nov 8, 2015 $10.00
Nov 22, 2015 $10.00 Nov 16, 2015 $10.00
Nov 29, 2015 $10.00 Nov 25, 2015 $10.00
Dec 6, 2015 $10.00 Dec 1, 2015 $10.00
Dec 13, 2015 $5.00 Dec 8, 2015 $5.00
Dec 20, 2015 $5.00 Dec 8, 2015 $5.00
Dec 27, 2015 $5.00 Dec 15, 2015 $5.00
Jan 3, 2016 $5.00 Dec 23, 2015 $5.00
Jan 10, 2016 $5.00 Dec 30, 2015 $5.00
Jan 17, 2016 $5.00 Jan 7, 2016 $5.00
Jan 24, 2016 $5.00 Jan 13, 2016 $5.00
Jan 31, 2016 $5.00 Feb 9, 2016 $5.00
Feb 7, 2016 $5.00 Feb 9, 2016 $5.00
Feb 14, 2016 $5.00 Feb 24, 2016 $5.00
Feb 21, 2016 $5.00 Feb 24, 2016 $5.00
Feb 28, 2016 $5.00 Mar 8, 2016 $5.00
Mar 6, 2016 $5.00 Mar 8, 2016 $5.00
Mar 13, 2016 $5.00 Mar 23, 2016 $5.00
Mar 20, 2016 $0.00
Mar 27, 2016 $0.00
Apr 3, 2016 $0.00
Apr 10, 2016 $1.00 Apr 13, 2016 $1.00
Apr 17, 2016 $1.00 Apr 18, 2016 $1.00
Apr 24, 2016 $1.00 Apr 18, 2016 $0.50
Apr 26, 2016 $0.50
May 1, 2016 $1.00 May 17, 2016 $0.65
May 25, 2016 $0.35
May 8, 2016 $1.00 May 25, 2016 $1.00
May 15, 2016 $1.00 May 25, 2016 $1.00
May 22, 2016 $1.00 May 25, 2016 $0.15
Jun 11, 2016 $0.85
May 29, 2016 $1.00 Jun 11, 2016 $1.00
Jun 5, 2016 $1.00 Jun 11, 2016 $1.00
Jun 12, 2016 $0.00
Jun 19, 2016 $0.00
Jun 26, 2016 $0.00
Jul 3, 2016 $0.00
Jul 10, 2016 $1.20 Jul 11, 2016 $1.20
Jul 17, 2016 $0.00
Jul 24, 2016 $0.00
Jul 31, 2016 $1.00 Aug 11, 2016 $1.00
Aug 7, 2016 $1.00 Aug 11, 2016 $1.00
Aug 14, 2016 $1.00 Sep 14, 2016 $1.00
Aug 21, 2016 $1.00 Sep 14, 2016 $1.00
Aug 28, 2016 $0.00
Sep 4, 2016 $0.00
Sep 11, 2016 $0.00
Sep 18, 2016 $1.00 Oct 10, 2016 $1.00
Sep 25, 2016 $0.00
Oct 2, 2016 $0.00
Oct 9, 2016 $0.00
Oct 16, 2016 $1.00 Oct 28, 2016 $1.00
Oct 23, 2016 $1.00 Oct 28, 2016 $1.00
Oct 30, 2016 $0.99 Nov 3, 2016 $0.99
Nov 6, 2016 $0.00
Nov 13, 2016 $0.00
Nov 20, 2016 $0.00
Nov 27, 2016 $0.99 Dec 27, 2016 $0.99
Dec 4, 2016 $0.00
Dec 11, 2016 $0.00
Dec 18, 2016 $0.00
Dec 25, 2016 $0.00
Jan 1, 2017 $0.99 Jan 24, 2017 $0.99
Jan 8, 2017 $0.00
Jan 15, 2017 $0.00
Jan 22, 2017 $0.00
Jan 29, 2017 $0.99 Mar 19, 2017 $0.99
Feb 5, 2017 $0.00
Feb 12, 2017 $0.00
Feb 19, 2017 $0.00
Feb 26, 2017 $0.00
Mar 5, 2017 $0.00
Mar 12, 2017 $0.00
Mar 19, 2017 $0.99 Mar 27, 2017 $0.99
Mar 26, 2017 $0.00
Apr 2, 2017 $0.00
Apr 9, 2017 $0.00
Apr 16, 2017 $0.00
Apr 23, 2017 $0.00
Apr 30, 2017 $0.00
May 7, 2017 $0.99 Jul 17, 2017 $0.99
May 14, 2017 $0.00
May 21, 2017 $0.00
May 28, 2017 $0.00
Jun 4, 2017 $0.00
Jun 11, 2017 $0.00
Jun 18, 2017 $0.00
Jun 25, 2017 $0.00
Jul 2, 2017 $0.00
Jul 9, 2017 $0.00
Jul 16, 2017 $0.00
Jul 23, 2017 $0.20 Sep 12, 2017 $0.20
Jul 30, 2017 $0.00
Aug 6, 2017 $0.00
Aug 13, 2017 $0.00
Aug 20, 2017 $0.00
Aug 27, 2017 $0.00
Sep 3, 2017 $0.00
Sep 10, 2017 $0.00
Sep 17, 2017 $0.00
Sep 24, 2017 $0.00
Oct 1, 2017 $0.00
Oct 8, 2017 $0.00
Oct 15, 2017 $0.00
Oct 22, 2017 $0.00
Oct 29, 2017 $0.00
Nov 5, 2017 $0.00
Nov 12, 2017 $0.00
Nov 19, 2017 $0.00
Nov 26, 2017 $0.00
Dec 3, 2017 $0.00
Dec 10, 2017 $0.00
Dec 17, 2017 $0.00
Dec 24, 2017 $0.00
Dec 31, 2017 $0.00
Jan 7, 2018 $0.00
Jan 14, 2018 $0.00
Jan 21, 2018 $0.00
Jan 28, 2018 $0.00
Feb 4, 2018 $0.00
Feb 11, 2018 $0.00
Feb 18, 2018 $0.00
Feb 25, 2018 $0.00
Mar 4, 2018 $1.00 Sep 12, 2017 $1.00
Mar 11, 2018 $0.00
Mar 18, 2018 $0.00
Mar 25, 2018 $2.50 Nov 2, 2017 $2.00
Mar 4, 2018 $0.50
Apr 1, 2018 $0.00
Apr 8, 2018 $0.00
Apr 15, 2018 $0.00
Apr 22, 2018 $0.00
Apr 29, 2018 $0.00
May 6, 2018 $1.50 Mar 4, 2018 $0.50
Mar 4, 2018 $1.00
May 13, 2018 $0.00
May 20, 2018 $0.00
May 27, 2018 $0.00
Jun 3, 2018 $3.00 May 3, 2018 $2.50
Jun 1, 2018 $0.50
Jun 10, 2018 $0.00
Jun 17, 2018 $0.00
Jun 24, 2018 $0.00
Jul 1, 2018 $0.00
Jul 8, 2018 $0.00
Jul 15, 2018 $0.00
Jul 22, 2018 $0.00
Jul 29, 2018 $0.00
Aug 5, 2018 $0.00
Aug 12, 2018 $0.00
Aug 19, 2018 $0.00
Aug 26, 2018 $0.00
Sep 2, 2018 $1.00 Jun 1, 2018 $1.00
Sep 9, 2018 $0.00
Sep 16, 2018 $0.00
Sep 23, 2018 $0.00
Sep 30, 2018 $0.00
Oct 7, 2018 $0.00
Oct 14, 2018 $1.98 Aug 27, 2018 $1.98
Oct 21, 2018 $0.00
Oct 28, 2018 $0.00
Nov 4, 2018 $0.00
Nov 11, 2018 $0.00
Nov 18, 2018 $0.00
Nov 25, 2018 $0.00
Dec 2, 2018 $0.00
Dec 9, 2018 $0.00
Dec 16, 2018 $0.00
Dec 23, 2018 $0.00
Dec 30, 2018 $0.00
Jan 6, 2019 $0.00
Jan 13, 2019 $1.00 Aug 27, 2018 $1.00
Jan 20, 2019 $1.00 Aug 27, 2018 $0.02
Aug 31, 2018 $0.98
Jan 27, 2019 $0.99 Aug 31, 2018 $0.02
Jan 1, 2019 $0.97
Feb 3, 2019 $0.00
Feb 10, 2019 $0.00
Feb 17, 2019 $0.00
Feb 24, 2019 $0.00
Mar 3, 2019 $1.50 Jan 1, 2019 $0.02
Jan 7, 2019 $0.99
Feb 5, 2019 $0.49
Mar 10, 2019 $0.50 Feb 5, 2019 $0.50
Mar 17, 2019 $0.00
Mar 24, 2019 $0.00
Mar 31, 2019 $0.00
Apr 7, 2019 $0.50 Mar 4, 2019 $0.50
Apr 14, 2019 $0.50 Mar 4, 2019 $0.50
Apr 21, 2019 $0.00
Apr 28, 2019 $0.00
May 5, 2019 $0.00
May 12, 2019 $1.00 Mar 4, 2019 $1.00
May 19, 2019 $0.00
May 26, 2019 $0.00
Jun 2, 2019 $0.00
Jun 9, 2019 $0.00
Jun 16, 2019 $0.00
Jun 23, 2019 $0.50 Mar 30, 2019 $0.50
Jun 30, 2019 $2.30 Mar 30, 2019 $0.50
Apr 3, 2019 $1.00
May 8, 2019 $0.80
Jul 7, 2019 $1.00 May 8, 2019 $0.20
Jun 18, 2019 $0.80
Jul 14, 2019 $0.88 Jun 18, 2019 $0.20
Jun 30, 2019 $0.68
Jul 21, 2019 $0.00
Jul 28, 2019 $0.00
Aug 4, 2019 $1.00 Jun 30, 2019 $0.32
Jul 2, 2019 $0.68
Aug 11, 2019 $1.00 Jul 2, 2019 $1.00
Aug 18, 2019 $0.03 Jul 2, 2019 $0.03
Aug 25, 2019 $4.00 Jul 2, 2019 $0.09
Jul 9, 2019 $0.99
Jul 9, 2019 $0.89
Aug 10, 2019 $1.50
Aug 16, 2019 $0.53
Sep 1, 2019 $0.00
Sep 8, 2019 $0.00
Sep 15, 2019 $0.00
Sep 22, 2019 $0.50 Sep 17, 2019 $0.50
Sep 29, 2019 $0.00
Oct 6, 2019 $0.00
Oct 13, 2019 $0.00
Oct 20, 2019 $0.00
Oct 27, 2019 $0.00
Nov 3, 2019 $4.09 Sep 17, 2019 $3.50
Oct 17, 2019 $0.50
Dec 27, 2019 $0.09
Nov 10, 2019 $0.00
Nov 17, 2019 $0.00
Nov 24, 2019 $0.00
Dec 1, 2019 $0.00
Dec 8, 2019 $0.00
Dec 15, 2019 $0.00
Dec 22, 2019 $0.00
Dec 29, 2019 $0.00
Jan 5, 2020 $0.00
Jan 12, 2020 $0.00
Jan 19, 2020 $0.50 Dec 27, 2019 $0.50
Jan 26, 2020 $0.50 Dec 27, 2019 $0.40
Jan 17, 2020 $0.10
Feb 2, 2020 $0.50 Jan 17, 2020 $0.50
Feb 9, 2020 $0.50 Jan 17, 2020 $0.50
Feb 16, 2020 $52.53 Jan 17, 2020 $2.00
Feb 6, 2020 $1.00
Feb 6, 2020 $1.00
Feb 16, 2020 $0.50
Feb 23, 2020 $52.53
Mar 1, 2020 $52.53
Mar 8, 2020 $52.53
Mar 15, 2020 $52.53
Mar 22, 2020 $6.51

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