Buying yarns for knitting table clothes
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
If my loan is fully funded, I will use the total amount to buy yarns which is the material needed for the knitting of table clothes at a cost of US$ 200 after the 13,000 KES has been deducted.
The will be of benefit to me as well as my clients. The demand is high and therefore enough yarns I will be even to engage some people to help me in the knitting.
This will also increase my profit at least by some extra US$ 10.
I will be pleased if you consider to fund my loan again for this will my third one.
Believe you will do so to enable continue to grow my business.
Feedback
Positive
6
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$358.00
Date disbursed
Mar 13, 2016
Repayment status
On Time
Projected term
8 months
Other loans
Lenders
I want my "My loans" page back, Qatar
United States
United States
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Summary
Amount repaid
$375.91
Amount remaining
$0.00
Date repaid
Nov 17, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 20, 2016 | $10.07 | Mar 25, 2016 | $10.07 |
| Mar 27, 2016 | $10.07 | Mar 28, 2016 | $10.07 |
| Apr 3, 2016 | $10.07 | Apr 3, 2016 | $10.07 |
| Apr 10, 2016 | $10.07 | Apr 10, 2016 | $10.07 |
| Apr 17, 2016 | $10.07 | Apr 17, 2016 | $10.07 |
| Apr 24, 2016 | $10.07 | Apr 24, 2016 | $10.07 |
| May 1, 2016 | $10.07 | May 2, 2016 | $10.07 |
| May 8, 2016 | $10.07 | May 8, 2016 | $10.07 |
| May 15, 2016 | $10.07 | May 16, 2016 | $10.07 |
| May 22, 2016 | $10.07 | May 25, 2016 | $10.07 |
| May 29, 2016 | $10.07 | May 29, 2016 | $10.07 |
| Jun 5, 2016 | $10.07 | Jun 6, 2016 | $10.07 |
| Jun 12, 2016 | $10.07 | Jun 13, 2016 | $10.07 |
| Jun 19, 2016 | $10.07 | Jun 19, 2016 | $10.07 |
| Jun 26, 2016 | $10.07 | Jun 29, 2016 | $10.07 |
| Jul 3, 2016 | $10.07 | Jul 6, 2016 | $10.07 |
| Jul 10, 2016 | $10.07 | Jul 11, 2016 | $10.07 |
| Jul 17, 2016 | $10.07 | Jul 18, 2016 | $10.07 |
| Jul 24, 2016 | $10.07 | Jul 24, 2016 | $10.07 |
| Jul 31, 2016 | $10.07 | Aug 3, 2016 | $10.07 |
| Aug 7, 2016 | $10.07 | Aug 11, 2016 | $10.07 |
| Aug 14, 2016 | $10.07 | Aug 17, 2016 | $10.07 |
| Aug 21, 2016 | $10.07 | Aug 24, 2016 | $10.07 |
| Aug 28, 2016 | $10.07 | Aug 30, 2016 | $10.07 |
| Sep 4, 2016 | $10.07 | Sep 8, 2016 | $10.07 |
| Sep 11, 2016 | $10.07 | Sep 15, 2016 | $10.07 |
| Sep 18, 2016 | $10.07 | Sep 21, 2016 | $10.07 |
| Sep 25, 2016 | $10.07 | Sep 30, 2016 | $10.07 |
| Oct 2, 2016 | $10.07 | Oct 7, 2016 | $10.07 |
| Oct 9, 2016 | $10.07 | Oct 15, 2016 | $10.07 |
| Oct 16, 2016 | $10.07 | Oct 21, 2016 | $10.07 |
| Oct 23, 2016 | $10.07 | Oct 26, 2016 | $10.07 |
| Oct 30, 2016 | $10.07 | Oct 30, 2016 | $10.07 |
| Nov 6, 2016 | $10.07 | Nov 12, 2016 | $10.07 |
| Nov 13, 2016 | $10.07 | Nov 15, 2016 | $10.07 |
| Nov 20, 2016 | $10.07 | Nov 17, 2016 | $10.07 |
| Nov 27, 2016 | $10.07 | Nov 17, 2016 | $10.07 |
| Dec 4, 2016 | $3.20 | Nov 17, 2016 | $3.20 |
nicole May 5, 2019
nicole Dec 7, 2017
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