Clothing sales

Philip

Nairobi City, Kenya

Funds disbursed

$0 to go

100% funded of $110 goal

0

days left

Entrepreneur

Name

Philip

Member since

January 2017

On-time repayments

85 installments  •  32%

About Me

I'm Philip Matara, Kenyan currently living in Nairobi's Lucky Summer estate.I did my primary education level at Dudi primary school later on went to Ober secondary school ware i sat my K.C.S.E. I've had a dream of pursuing my engineering course which later gave me a dream of being a being such an innovative business man.through my invention of using a dry cell and a bulb drove me into pursuing an engineering course.My second business was selling ladies attire, i started this due to high demand of ladies attire in our engineering school. The profit i gained from selling of clothes made me start selling groceries since in my estate there was high demand for them, then later on,i started he two businesses of lathe machine operation. I'm a business man running five businesses but specializing in Electrical engineering as a profession.

My Business

I specialize in electrical installation as my career course, i supply female attire due to high demand and arising modern fashion in every environment.I also sell grocery due to high demand of them from my estate and the last the last business is operation of lathe machine as part time business of my career.
In my boutique at times a get a profit of ksh.2000 in a day due to my ready customers and former schoolmates.this is on lower side.
From the electrical installation business i get a minimum of ksh.10000 in a week which at times varies, at times i can get ksh. 12000 in a week depending on the number of customers i serve in a week.
I use this profits to pay my workers since i cannot run four businesses without help, i also have one kid whom i cater for her school fees then the rest i invest.

Loan Proposal

ill use my loan to bring more bales on my boutique, one bale costs usd.40 then i do take two bales so i need the loan to add more bales due to my increment in customers. This will help me open up a larger boutique and also start up a shoe business which i already have in mind.I expect twenty dollars profit in each bale which is very possible based on my customers.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$110.00

Date disbursed

Mar 3, 2018

Repayment status

Late

Projected term

13 months

Lenders

J

Jessica

Patagonia, Argentina

W

willemsenphilippe

Edegem, Belgium

Grant Xavier Storer

Seattle, Wa, United States

MW

Matt Willis

United States

W

Wade

United States

Kate Courteau

United States

Carla

Amsterdam, Netherlands

Thomas

Sweden, Sweden

R

Ralf

Germany

MS

Mona S

United States

Jean Wren Chan

United States

J

James

Los Angeles, United States

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

Loading...

Summary

Amount repaid

$0.00

Amount remaining

$110.01

Expected completion

Mar 31, 2019

Status

Repaying late

Installment amount

$1.97

Repayment History

Expected Payments Actual Payments
Mar 11, 2018 $1.97
Mar 18, 2018 $1.97
Mar 25, 2018 $1.97
Apr 1, 2018 $1.97
Apr 8, 2018 $1.97
Apr 15, 2018 $1.97
Apr 22, 2018 $1.97
Apr 29, 2018 $1.97
May 6, 2018 $1.97
May 13, 2018 $1.97
May 20, 2018 $1.97
May 27, 2018 $1.97
Jun 3, 2018 $1.97
Jun 10, 2018 $1.97
Jun 17, 2018 $1.97
Jun 24, 2018 $1.97
Jul 1, 2018 $1.97
Jul 8, 2018 $1.97
Jul 15, 2018 $1.97
Jul 22, 2018 $1.97
Jul 29, 2018 $1.97
Aug 5, 2018 $1.97
Aug 12, 2018 $1.97
Aug 19, 2018 $1.97
Aug 26, 2018 $1.97
Sep 2, 2018 $1.97
Sep 9, 2018 $1.97
Sep 16, 2018 $1.97
Sep 23, 2018 $1.97
Sep 30, 2018 $1.97
Oct 7, 2018 $1.97
Oct 14, 2018 $1.97
Oct 21, 2018 $1.97
Oct 28, 2018 $1.97
Nov 4, 2018 $1.97
Nov 11, 2018 $1.97
Nov 18, 2018 $1.97
Nov 25, 2018 $1.97
Dec 2, 2018 $1.97
Dec 9, 2018 $1.97
Dec 16, 2018 $1.97
Dec 23, 2018 $1.97
Dec 30, 2018 $1.97
Jan 6, 2019 $1.97
Jan 13, 2019 $1.97
Jan 20, 2019 $1.97
Jan 27, 2019 $1.97
Feb 3, 2019 $1.97
Feb 10, 2019 $1.97
Feb 17, 2019 $1.97
Feb 24, 2019 $1.97
Mar 3, 2019 $1.97
Mar 10, 2019 $1.97
Mar 17, 2019 $1.97
Mar 24, 2019 $1.97
Mar 31, 2019 $1.62

Loading...