Gladys
Nairobi, Kenya
8% repaid
Name
Gladys
Member since
October 2016
On-time repayments
86 installments • 50%
I was born and raised up by a single mother. I couldn't afford proper education but by sheer struggles and determination I vowed never to accept to be bound by chains of poverty. I left the village to a nearby town to try to make a life. I met a friend who introduced me to her line of business( cloth selling). after a few years of working under her I decided to launch my own business using the little money I had saved from my salary. I set up a small cloth shop which I run up to now as a sole proprietor.
I sell 2nd hand clothes. my goods are very important since I live in a community which is impoverished and can not afford first hand clothes. I am therefore able to a attend to their clothing needs which is a basic human need. I chose this type of business because I had learned a few trade skills in this line from my friend whom I initially worked for. I basically use 30 thousand Kenya shillings to purchase a bale of clothes from an importer after every month. in return I get a profit of 20 thousands after sale of each bale.I use profits raised to restock my business and cater for my family needs.
Dear lenders,
My consignment of second hand clothes is stuck at a godown at the inland port of mombasa. If I secure the above amount, I will add to the much that I have been able to obtain from other sources and use the money to clear a storage fee arrears of 450 US dollars before my consignment is released to me.
Lenders, clothing is a basic need which not so many people in my location can get, my goods are of benefit to others alot since I reside in a low income society hence J will be able to continue providing classy second hand clothes at an achievable price to them. They will hence be able to save more fore their other basic needs.
I expect that in return I will be able to reap an after sale profit of about 750 US dollars. Kindly help me help myself and my community at large. Thanks in advance
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$112.00
Date disbursed
Mar 21, 2018
Repayment status
Late
Projected term
7 months
Other loans
Amount repaid
$8.87
Amount remaining
$103.74
Expected completion
Oct 21, 2018
Status
Repaying late
Installment amount
$4.93
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 1, 2018 | $4.93 | Mar 24, 2018 | $0.99 |
Mar 24, 2018 | $0.99 | ||
Mar 24, 2018 | $0.99 | ||
Mar 24, 2018 | $0.99 | ||
Mar 24, 2018 | $0.99 | ||
Apr 8, 2018 | $0.00 | ||
Apr 15, 2018 | $0.00 | ||
Apr 22, 2018 | $0.50 | Jun 27, 2018 | $0.50 |
Apr 29, 2018 | $0.50 | Jun 27, 2018 | $0.48 |
Jun 27, 2018 | $0.02 | ||
May 6, 2018 | $0.50 | Jun 27, 2018 | $0.50 |
May 13, 2018 | $0.50 | Jun 27, 2018 | $0.46 |
Jun 27, 2018 | $0.04 | ||
May 20, 2018 | $0.50 | Jun 27, 2018 | $0.50 |
May 27, 2018 | $4.93 | Jun 27, 2018 | $0.44 |
Jun 27, 2018 | $0.99 | ||
Jun 3, 2018 | $4.93 | ||
Jun 10, 2018 | $4.93 | ||
Jun 17, 2018 | $4.93 | ||
Jun 24, 2018 | $4.93 | ||
Jul 1, 2018 | $4.93 | ||
Jul 8, 2018 | $4.93 | ||
Jul 15, 2018 | $4.93 | ||
Jul 22, 2018 | $4.93 | ||
Jul 29, 2018 | $4.93 | ||
Aug 5, 2018 | $4.93 | ||
Aug 12, 2018 | $4.93 | ||
Aug 19, 2018 | $4.93 | ||
Aug 26, 2018 | $4.93 | ||
Sep 2, 2018 | $4.93 | ||
Sep 9, 2018 | $4.93 | ||
Sep 16, 2018 | $4.93 | ||
Sep 23, 2018 | $4.93 | ||
Sep 30, 2018 | $4.93 | ||
Oct 7, 2018 | $4.93 | ||
Oct 14, 2018 | $4.93 | ||
Oct 21, 2018 | $1.69 |
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