Expand my boutique & add stock

Newton

Kisii, Kenya

100% repaid

Entrepreneur

Name

Newton

Member since

February 2015

On-time repayments

61 installments  •  77%

About Me

My names are,Newton Nyakundi Nyamongo,i was born in a village by the name Bonyunyu in Nyanira County.I grew up in a hunble and God fearing family of three,As i grew up;i was aggressive in anything that will bring an extra coin little did i knew that after college i was to venture into business.
Immediately after college,i went through ups and down since i worked as labourer in My village.Tried to save the little i got so as to enable me to start a boutique.In our culture, land is a prime factor of production whereby one is required to protect fully

My Business

My business is all about Boutique,i sell dress,shoes for ladies,I choose this type of business because of its high demand of ladies wear and its profit,I contribute alot to my family and young sisters .Nevertheless...,when sales are good i do save so as to enable me to add stock...As time goes,am intending to purchase a piece of land and build some Rental houses for the purpose of increasing profits..,on the other hand i would also like to expand my business due to the high demand of customers hence create employment to many.

Loan Proposal

After getting the loan I would like to add stock of 100 dollars by buying 50 pieces of ladies skirts costing 2 dollars each ; the remaining 100 dollars I'll purchase nails, boards at a cost of 70 dollars and pay a carpenter 30 dollars as labour.My customers will benefit by acquring the latest fashion in the market whereby I will also get profit which will benefit both my family and my younger sisters who I support in school.I expect the profit up to 13 500

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$202.00

Date disbursed

Jun 7, 2016

Repayment status

On Time

Projected term

8 months

Lenders

B

blahblah

Nuernberg, Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

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Summary

Amount repaid

$212.10

Amount remaining

$0.00

Date repaid

Feb 18, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 19, 2016 $15.14 Jun 18, 2016 $15.14
Jun 26, 2016 $5.05 Jun 25, 2016 $5.05
Jul 3, 2016 $5.05 Jul 2, 2016 $5.05
Jul 10, 2016 $5.05 Jul 11, 2016 $5.05
Jul 17, 2016 $5.05 Jul 18, 2016 $5.05
Jul 24, 2016 $5.05 Jul 25, 2016 $5.05
Jul 31, 2016 $5.05 Jul 31, 2016 $5.05
Aug 7, 2016 $5.05 Aug 8, 2016 $5.05
Aug 14, 2016 $5.05 Aug 13, 2016 $5.05
Aug 21, 2016 $5.05 Aug 20, 2016 $5.05
Aug 28, 2016 $5.05 Aug 29, 2016 $5.05
Sep 4, 2016 $5.05 Sep 6, 2016 $5.05
Sep 11, 2016 $5.05 Sep 13, 2016 $5.05
Sep 18, 2016 $5.05 Sep 20, 2016 $5.05
Sep 25, 2016 $5.05 Sep 28, 2016 $5.05
Oct 2, 2016 $5.05 Oct 1, 2016 $5.05
Oct 9, 2016 $5.05 Oct 8, 2016 $5.05
Oct 16, 2016 $5.05 Oct 17, 2016 $5.05
Oct 23, 2016 $5.05 Oct 25, 2016 $5.05
Oct 30, 2016 $5.05 Oct 29, 2016 $5.05
Nov 6, 2016 $5.05 Nov 8, 2016 $5.05
Nov 13, 2016 $5.05 Nov 15, 2016 $5.05
Nov 20, 2016 $5.05 Nov 22, 2016 $5.05
Nov 27, 2016 $2.52 Nov 29, 2016 $2.52
Dec 4, 2016 $2.52 Dec 8, 2016 $2.52
Dec 11, 2016 $2.52 Dec 13, 2016 $2.52
Dec 18, 2016 $0.00
Dec 25, 2016 $5.05 Dec 19, 2016 $2.52
Dec 24, 2016 $2.52
Jan 1, 2017 $5.05 Dec 24, 2016 $2.52
Dec 31, 2016 $2.52
Jan 8, 2017 $5.05 Dec 31, 2016 $2.52
Jan 11, 2017 $2.52
Jan 15, 2017 $5.05 Jan 11, 2017 $2.52
Jan 16, 2017 $2.52
Jan 22, 2017 $5.05 Jan 16, 2017 $2.52
Jan 21, 2017 $2.52
Jan 29, 2017 $2.52 Jan 21, 2017 $2.52
Feb 5, 2017 $15.14 Jan 30, 2017 $15.14
Feb 12, 2017 $15.14 Feb 4, 2017 $5.05
Feb 11, 2017 $10.09
Feb 19, 2017 $20.33 Feb 11, 2017 $5.05
Feb 18, 2017 $15.28

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