Expanding my arts shed

Melleniah

Holo, Kenya

18% repaid

Entrepreneur

Name

Melleniah

Member since

June 2014

On-time repayments

80 installments  •  4%

About Me

My name is Melleniah and I am an artist. I curve, paint and draw designs of a variety of things in my town. I am a sole proprietor of a small stall that I use as my shed of conducting my business. I am a form four leaver who is yet to join university and this business is mainly meant to help me raise my fees since I will sponsor myself if I get there soon. Art is my hobby and has in turn been my hobby and helped me have the little savings in the process. This business of arts is one i chose because there was nobody else conducting a similar business around and as such it made me confident to start this business here. So far, I have always managed to purchase a small stock of paint, colors and the materials i need in the process of my work. Sometimes I an called upon to paint walls, write signboards and even showcase my work to various interested people in my community. This has always encouraged me a lot and made me work harder each day to achieve the little legitimate cash that I can.

My Business

Since my business is still so small and serving a small populace, I am offering my services at a small fee considering the status of the individuals i am dealing with. For example, children stuff would go for a lower price as compared to adult-oriented paintings and other commercial-oriented goods. This makes me not to ave a specific channel set for charging my services because furthermore there is absolutely no competing business here, but the least i can take is as described below:
A drawing of approximately 12 by 30 centimeters goes for not less than 2.00USD
Writing is charged depending on the weight and size of the individual characters and the least is 0.1USD.
Carvings are at a flat rate of 5.5USD
All these combined, in a week can attract a minimum of 23.76USD in a good week of sales. This makes me confident that i will be able to repay the loan promptly if i get the chance of acquiring it.

Loan Proposal

I will use the loan to buy paint, drawing pens, brushes and ink, then expand my kiosk to enable me accommodate more of my arts, at the same time work even trough the night in times of high demand. This business will not only make e stable and independent but may also create opportunity to other interested artists who would want to learn. Through it, i will be giving back to the society too

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jul 16, 2014

Repayment status

Late

Projected term

18 months

Lenders

KYLE LARSON

Little Falls, United States

artnking

College Place, United States

W

wordelsue

MIDWEST, United States

M

marcelitohb

Bremen, Germany

jan73

Eugene, United States

Generaal

Antwerp, Belgium

Sarasota

Sarasota, Fl, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

Betapilot

Copenhagen, Denmark

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Summary

Amount repaid

$31.16

Amount remaining

$143.51

Expected completion

Jan 29, 2016

Status

Repaying late

Installment amount

$2.33

Repayment History

Expected Payments Actual Payments
Jul 25, 2014 $3.20 Jul 25, 2014 $3.20
Aug 1, 2014 $3.20 Aug 1, 2014 $3.20
Aug 8, 2014 $3.20 Aug 29, 2014 $3.20
Aug 15, 2014 $3.20 Sep 22, 2014 $3.20
Aug 22, 2014 $3.20 Sep 22, 2014 $2.03
Sep 26, 2014 $1.16
Aug 29, 2014 $3.20 Sep 26, 2014 $2.03
Oct 3, 2014 $1.16
Sep 5, 2014 $3.20 Oct 3, 2014 $2.03
Oct 31, 2014 $1.16
Sep 12, 2014 $3.20 Oct 31, 2014 $2.33
Nov 7, 2014 $0.87
Sep 19, 2014 $3.20 Nov 7, 2014 $2.34
Nov 14, 2014 $0.86
Sep 26, 2014 $2.38 Nov 14, 2014 $2.34
Oct 3, 2014 $0.00
Oct 10, 2014 $0.00
Oct 17, 2014 $0.00
Oct 24, 2014 $0.00
Oct 31, 2014 $0.00
Nov 7, 2014 $0.00
Nov 14, 2014 $0.00
Nov 21, 2014 $0.00
Nov 28, 2014 $0.00
Dec 5, 2014 $2.33
Dec 12, 2014 $2.33
Dec 19, 2014 $2.33
Dec 26, 2014 $2.33
Jan 2, 2015 $2.33
Jan 9, 2015 $2.33
Jan 16, 2015 $2.33
Jan 23, 2015 $2.33
Jan 30, 2015 $2.33
Feb 6, 2015 $2.33
Feb 13, 2015 $2.33
Feb 20, 2015 $2.33
Feb 27, 2015 $2.33
Mar 6, 2015 $2.33
Mar 13, 2015 $2.33
Mar 20, 2015 $2.33
Mar 27, 2015 $2.33
Apr 3, 2015 $2.33
Apr 10, 2015 $2.33
Apr 17, 2015 $2.33
Apr 24, 2015 $2.33
May 1, 2015 $2.33
May 8, 2015 $2.33
May 15, 2015 $2.33
May 22, 2015 $2.33
May 29, 2015 $2.33
Jun 5, 2015 $2.33
Jun 12, 2015 $2.33
Jun 19, 2015 $2.33
Jun 26, 2015 $2.33
Jul 3, 2015 $2.33
Jul 10, 2015 $2.33
Jul 17, 2015 $2.33
Jul 24, 2015 $2.33
Jul 31, 2015 $2.33
Aug 7, 2015 $2.33
Aug 14, 2015 $2.33
Aug 21, 2015 $2.33
Aug 28, 2015 $2.33
Sep 4, 2015 $2.33
Sep 11, 2015 $2.33
Sep 18, 2015 $2.33
Sep 25, 2015 $2.33
Oct 2, 2015 $2.33
Oct 9, 2015 $2.33
Oct 16, 2015 $2.33
Oct 23, 2015 $2.33
Oct 30, 2015 $2.33
Nov 6, 2015 $2.33
Nov 13, 2015 $2.33
Nov 20, 2015 $2.33
Nov 27, 2015 $2.33
Dec 4, 2015 $2.33
Dec 11, 2015 $2.33
Dec 18, 2015 $2.33
Dec 25, 2015 $2.33
Jan 1, 2016 $2.33
Jan 8, 2016 $2.33
Jan 15, 2016 $2.33
Jan 22, 2016 $2.33
Jan 29, 2016 $3.98

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