Entrepreneur
Name
Lorna
Member since
August 2016
On-time repayments
166 installments • 52%
About Me
I am a graduate from Kenyatta university Kenya with a bachelor's degree in special education.Normally i would have pursed a job inline with my course but as fate would have it, i decided to follow my passion.I have a great interest in fashion and trends.I have previously worked as a sales person and a marketer and i discovered i had good negotiation skills and most times i would close my conversations with a sale.Therefore i decided to try selling women's handbags and alas the venture was a success.I have since sold more than 60 handbags this year.I do this by marketing myself online through my Facebook page.Moreover am working on opening an Instagram account to reach more clients.I do not have a shop and i am certain if i have one, it will be a great boost for my business as it will enable me to stock clothes and shoes.
My Business
I majorly sell women's handbags.They are a three piece collection in other words 3 in 1.I normally get them from a supplier who ships them in Kenya through Kampala.I have not been able to import the bags myself due to limited capital.
The bags are marketed online through my Facebook page, Bags Emporium where i engage with customers and henceforth do free deliveries.I also rely on whatsap to showcase the products and it has been a success for two years.
Apart from this, i do online academic writing and this helps me to sustain myself and would assist in loan repayment.
Loan Proposal
Hello lenders this is my fourth loan and I am really grateful. I am planning to purchase 40 three in one handbags at a total cost of $22 per bag. Since I don't have a strategic shop where my customers can come and purchase. I market the products via Facebook.For the advertisement, I will spend $200 to pay for online advertisement and branding. I will spend the remaining $398 for transportation and door to door deliveries. The profits I make for this venture will enable me to clear the loan on time.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,457.00
Date disbursed
Jul 9, 2018
Repayment status
Late
Projected term
21 months
Other loans
Lenders
United States
Vancouver, Canada
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Summary
Amount repaid
$47.30
Amount remaining
$1,410.05
Expected completion
Apr 3, 2020
Status
Repaying late
Installment amount
$56.05
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 20, 2018 | $4.93 | Feb 6, 2019 | $4.93 |
| Jul 27, 2018 | $0.00 | ||
| Aug 3, 2018 | $0.00 | ||
| Aug 10, 2018 | $0.00 | ||
| Aug 17, 2018 | $0.00 | ||
| Aug 24, 2018 | $0.00 | ||
| Aug 31, 2018 | $0.00 | ||
| Sep 7, 2018 | $0.00 | ||
| Sep 14, 2018 | $0.00 | ||
| Sep 21, 2018 | $0.00 | ||
| Sep 28, 2018 | $0.00 | ||
| Oct 5, 2018 | $0.00 | ||
| Oct 12, 2018 | $0.00 | ||
| Oct 19, 2018 | $0.00 | ||
| Oct 26, 2018 | $0.00 | ||
| Nov 2, 2018 | $0.00 | ||
| Nov 9, 2018 | $0.00 | ||
| Nov 16, 2018 | $0.00 | ||
| Nov 23, 2018 | $0.00 | ||
| Nov 30, 2018 | $0.00 | ||
| Dec 7, 2018 | $0.00 | ||
| Dec 14, 2018 | $0.00 | ||
| Dec 21, 2018 | $0.00 | ||
| Dec 28, 2018 | $0.00 | ||
| Jan 4, 2019 | $0.00 | ||
| Jan 11, 2019 | $0.00 | ||
| Jan 18, 2019 | $0.00 | ||
| Jan 25, 2019 | $0.00 | ||
| Feb 1, 2019 | $0.00 | ||
| Feb 8, 2019 | $0.99 | Feb 13, 2019 | $0.99 |
| Feb 15, 2019 | $0.99 | Feb 18, 2019 | $0.99 |
| Feb 22, 2019 | $0.99 | Mar 15, 2019 | $0.99 |
| Mar 1, 2019 | $0.00 | ||
| Mar 8, 2019 | $0.00 | ||
| Mar 15, 2019 | $0.00 | ||
| Mar 22, 2019 | $0.00 | ||
| Mar 29, 2019 | $0.99 | Mar 23, 2019 | $0.99 |
| Apr 5, 2019 | $0.99 | Apr 24, 2019 | $0.99 |
| Apr 12, 2019 | $0.99 | May 6, 2019 | $0.99 |
| Apr 19, 2019 | $0.00 | ||
| Apr 26, 2019 | $0.00 | ||
| May 3, 2019 | $0.00 | ||
| May 10, 2019 | $0.99 | Jun 10, 2019 | $0.99 |
| May 17, 2019 | $0.99 | Jun 10, 2019 | $0.99 |
| May 24, 2019 | $0.99 | Jun 10, 2019 | $0.99 |
| May 31, 2019 | $0.99 | Jun 10, 2019 | $0.99 |
| Jun 7, 2019 | $0.00 | ||
| Jun 14, 2019 | $0.00 | ||
| Jun 21, 2019 | $0.99 | Jun 22, 2019 | $0.99 |
| Jun 28, 2019 | $0.99 | Jul 3, 2019 | $0.99 |
| Jul 5, 2019 | $0.99 | Aug 7, 2019 | $0.99 |
| Jul 12, 2019 | $0.99 | Aug 19, 2019 | $0.99 |
| Jul 19, 2019 | $0.00 | ||
| Jul 26, 2019 | $0.00 | ||
| Aug 2, 2019 | $0.00 | ||
| Aug 9, 2019 | $0.00 | ||
| Aug 16, 2019 | $0.00 | ||
| Aug 23, 2019 | $0.99 | Sep 2, 2019 | $0.99 |
| Aug 30, 2019 | $0.99 | Nov 6, 2019 | $0.99 |
| Sep 6, 2019 | $0.99 | Dec 2, 2019 | $0.99 |
| Sep 13, 2019 | $0.99 | Dec 5, 2019 | $0.99 |
| Sep 20, 2019 | $0.99 | Dec 5, 2019 | $0.99 |
| Sep 27, 2019 | $56.05 | Dec 5, 2019 | $7.88 |
| Jan 21, 2020 | $0.99 | ||
| May 15, 2020 | $0.99 | ||
| May 27, 2020 | $0.99 | ||
| Jun 9, 2020 | $0.99 | ||
| Aug 17, 2020 | $0.99 | ||
| Sep 5, 2020 | $0.99 | ||
| Sep 9, 2020 | $9.85 | ||
| Oct 4, 2019 | $56.05 | ||
| Oct 11, 2019 | $56.05 | ||
| Oct 18, 2019 | $56.05 | ||
| Oct 25, 2019 | $56.05 | ||
| Nov 1, 2019 | $56.05 | ||
| Nov 8, 2019 | $56.05 | ||
| Nov 15, 2019 | $56.05 | ||
| Nov 22, 2019 | $56.05 | ||
| Nov 29, 2019 | $56.05 | ||
| Dec 6, 2019 | $56.05 | ||
| Dec 13, 2019 | $56.05 | ||
| Dec 20, 2019 | $56.05 | ||
| Dec 27, 2019 | $56.05 | ||
| Jan 3, 2020 | $56.05 | ||
| Jan 10, 2020 | $56.05 | ||
| Jan 17, 2020 | $56.05 | ||
| Jan 24, 2020 | $56.05 | ||
| Jan 31, 2020 | $56.05 | ||
| Feb 7, 2020 | $56.05 | ||
| Feb 14, 2020 | $56.05 | ||
| Feb 21, 2020 | $56.05 | ||
| Feb 28, 2020 | $56.05 | ||
| Mar 6, 2020 | $56.05 | ||
| Mar 13, 2020 | $56.05 | ||
| Mar 20, 2020 | $12.87 | ||
| Mar 27, 2020 | $12.87 | ||
| Apr 3, 2020 | $6.68 | ||
Allie Sep 11, 2017
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