Loan to Expand My Clothing Sales Business

Nicholas

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nicholas

Member since

August 2015

On-time repayments

95 installments  •  66%

About Me

I was born in a village called kathigu,i started my schooling in kathigu primary school where i completed my kcpe, i went to igoji boys secondary school where i completed my form four.I went and studied to be an electrician.i have overcome many challeges in life but ocercame them all through determanation and will to become a better person.i started a small business of selling clothes after searching for a job for a long time.My culture is so interesting because we believe in elders blessings inorder to be successful in life.my hobby is watching fashion programmes.they give me an idea of how i can improve myself.

My Business

I sell second hand clothes.These clothes are very usefull and on demand since they are much cheaper and last long. i choose this kind of business because second hand clothes are bought faster than new clothes.My typical cost is 15000 kes and i pay 1200
kes for my licence every year.I make alot of profit and i use the profit to pay my workers and take care of my family.

Loan Proposal

i will use the money to expand my business.i will work hard and grow inorder to open another businesses.i will create more jobs by employing many people without jobs.i will also use my loan to expand my business by selling some shoes and cosmetics.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Sep 9, 2015

Repayment status

On Time

Projected term

3 months

Lenders

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

S

slevon

Hemsbach, Germany

D

Delph007

Den Haag, Netherlands

Mikey

London, United Kingdom

S

syklop

Lausanne, Switzerland

carlos vendrell

Barcelona, Spain, Philippines

tycho

Madison, WI, United States

K

Krokslatt

Mölndal, Sweden

DuAel

Orvault, France

cyrus0302

San Francisco, United States

Charmonica

London, United Kingdom

J

JBosshardt

Redmond, United States

M

m_dennis

Toronto, Canada

Raoul72

Naarden, Netherlands

T

treyh

San Diego, CA, United States

G

greenthomas

Tübingen, Germany

AWeber

Washington, DC, United States

E

evanglend

Arlington, United States

rodcul

Altea, Spain

P

PeaceandLove

Morro Bay, United States

J

Joyful

Philadelphia, United States

F

FCPLending

brooklyn, United States

J

JaMinLu

Concord, United States

H

Halli

Bottrop, Germany

J

jdhowa2

Louisville, KY, United States

R

RosemariHerrero

Stockholm, Sweden

G D Export

Kolkata, India

EmilAsker

Lomma, Sweden

B

bhalter

Eau Claire, United States

ProfStick

Grassy Head, Australia

J

Jaslogic

Castle Rock, United States

Shasta

Erie, United States

T

toscoman

Adliswil, Switzerland

Cloudways

Malta, Malta

element

Trondheim, Norway

P

planespotter

Berlin, Germany

yosefchayim

Bournemouth, United Kingdom

lorello

Vicopisano, Italy

B

BClay

Campbell, United States

ads68

Melbourne, Australia

Y

Yevrahs

Dallas, Texas, United States

Paul Buchheit

Mountain View, United States

Fox Family

Costa Rica

Ask Nicholas a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$104.50

Amount remaining

$0.00

Date repaid

Jan 4, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 20, 2015 $19.00 Sep 19, 2015 $19.00
Sep 27, 2015 $5.00 Sep 27, 2015 $5.00
Oct 4, 2015 $5.00 Oct 4, 2015 $5.00
Oct 11, 2015 $5.00 Oct 11, 2015 $5.00
Oct 18, 2015 $5.00 Oct 18, 2015 $5.00
Oct 25, 2015 $5.00 Oct 25, 2015 $5.00
Nov 1, 2015 $5.00 Nov 1, 2015 $5.00
Nov 8, 2015 $5.00 Nov 8, 2015 $5.00
Nov 15, 2015 $5.00 Nov 14, 2015 $5.00
Nov 22, 2015 $5.00 Nov 21, 2015 $5.00
Nov 29, 2015 $5.00 Nov 29, 2015 $5.00
Dec 6, 2015 $5.00 Dec 6, 2015 $5.00
Dec 13, 2015 $10.00 Dec 13, 2015 $10.00
Dec 20, 2015 $4.50 Dec 20, 2015 $4.50
Dec 27, 2015 $4.50 Dec 26, 2015 $4.50
Jan 3, 2016 $4.50 Jan 3, 2016 $4.50
Jan 10, 2016 $7.00 Jan 4, 2016 $7.00

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