Doormat & handbag sales

Jenny

Kitwe, Zambia

100% repaid

Entrepreneur

Name

Jenny

Member since

March 2021

On-time repayments

20 installments  •  45%

About Me

My name is Jenny Banda. I am a small scale business woman currently living in Kitwe which is a city on the Copperbelt in the northern part of Zambia. I am a very hardworking, honest and ambitious person. I want to keep growing my business to include a variety of door and floormats and also support the women mat weavers who are my suppliers.

My Business

I am a small scale entrepreneur who supplies different kinds of doormats to individuals in homes and to institutions such as schools. I have grown my business from just selling a few mats to supplying a variety of doormats to different clients. With more access to credit I intend to expand the business into supplying floors mats as well in order to increase my revenues and profits.

Loan Proposal

I intend to use this loan to order more doormats and a new line of weaved handbags for women. This will extend my product line for my customers and also ensure that I always have products to sell when the doormat production delays.

Income Source

I intend to increase sales with the introduction of a new line of hand woven handbags for women. This will ensure I have more revenue and profits to settle my loan. I will also use my personal savings to help pay the loan if necessary.

Feedback

2

None

None

  • Bryce Schubert    May 25, 2021

    It was great working with Jenny, I highly recommend lending to her. Wishing you success in expanding your business!

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  • Sabrina    Apr 13, 2021

    Jenny paid the loan back weeks before it was due. I would lend to her again and wish her good luck for all her future projects.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$120.00

Date disbursed

Jun 2, 2021

Repayment status

On Time

Projected term

6 weeks

Lenders

mtnsailor

Harrisonburg, United States

Arjan Geven

Vienna, Austria

M

Markus

Hamburg, Germany

Bryce Schubert

Toronto, Canada

Kevin

San Francisco, United States

M

Magnus

Switzerland

Ren

Minneapolis/StPaul, United States

J

Juhani

Helsinki, Finland

EW

Eric West

United States

Zimei

United States

EH

Ed Hendrickson

Ames, Iowa, United States

J

JackieBear

Grantsville, United States

HM

Hemant Mehta

United States

J

Jan

Germany

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  • Choolwe    Aug 10, 2021

    I managed tolk to Jenny and said that she will pay back as soon as possible

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  • David    Aug 3, 2021

    Jenny said that she will pay back the loan, the reason on delay, she have faced some challenges.

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  • Jenny    Jul 13, 2021

    Thank you my lender for your support. The loan will be used to purchase new inventory of doormats and woven handbags. Thank you once again.

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  • Jenny    Jul 9, 2021

    My dear lenders, I am happy to report that the loan I received went to pay for new stock of doormats, table mats and woven handbags for my shop. Thank you very much.

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  • Jenny    Jul 1, 2021

    Delayed payments by clients due to the escalating 3rd wave COVID-19 pandemic which has affected business.

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  • Jenny    Jun 4, 2021

    Dear lenders, thank you very much for your support. The 1,794 ZMW Ioan I received will be used to order a new supply of doormats, carpets and handwoven ladies handbags for my shop. This stock will last me about a month. Thank you once again.

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  • Jenny    May 25, 2021

    Thank you all my lenders for your wonderful support. This loan will be used to order a new supply of weaved doormats, small carpets and weaved handbags for my stall. Thank you so much!

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  • Jenny    May 18, 2021

    Thank you my lenders for your support. I used the last loan to buy my supplies of doormats from the Women's Crafts Association. I intend to buy some more with the inclusion of handbags.

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  • Jenny    Apr 26, 2021

    Delays in getting my order of mats on time for sell.

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  • Jenny    Mar 20, 2021

    Thank you my lenders for your great support! I am going to order some new stock of doormats for sale at the upcoming Saturday Market next week. Thank you once again.

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  • Jenny    Mar 16, 2021

    Thank you my lenders for your support. This loan will be used to order more doormats for sale at the forthcoming Saturday Crafts Market in about two weeks. Thank you very much.

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  • Jenny    Mar 13, 2021

    I intend to use this loan to pay for an advance order of new stock of mats which I will be selling at the upcoming Saturday Market in two weeks which is a great opportunity for increasing revenues and profits as well as networking with other supplies and building a new customer base.

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  • Jenny    Mar 11, 2021

    Thank you very much for this loan John Minges!
    As indicated earlier, I will buy more doormats in order to increase the volume and variety of my products to satisfy customer demand. This will help me increase my revenues and profits and help me service my loan.
    Than you once again.

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  • Jenny    Mar 6, 2021

    Thank you Sabrina and the Babbitt Family Foundation for your support! I will use this loan as indicated earlier to order new inventory for my business. Thank you.

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  • Jenny    Mar 6, 2021

    Thank you very much Sabrina and the Babbit Family Foundation for your support. I am very excited that I will be getting more inventory with more variety of mats with this loan. By using this loan, the women's weavers association will also benefit as I order more products from them. Thank so very much.

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