Expanding my business

Virginia

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Virginia

Member since

July 2015

On-time repayments

96 installments  •  80%

About Me

I am a Kenyan Lady aged 45 years. i was born and brought up in Nakuru Town where my parents were second hand clothes sellers. i went through my primary & secondary education in nakuru town. i attended mwangaza college of business studies and later joined Star women self help group and after saving for six months i acquired a loan of Kshs.7500. i started selling second hand handbags. having being brought up by business parents i felt it is something within the family. I have been getting loans and doing different small businesses which enable me earn a living and repay the loan.
Our land is not very productive and that is why i venture into business other than farming.
My children also want to be business citizens because they are the ones who i leave behind to man the business while i am in the field/market.
Reading motivational books and weekly business magazines and watching documentaries of successful business people in the world.

My Business

I sell Kerosene, second hand cloths,bags, shoes and charcoal in bags.
these goods are useful because where i stay the people live in different categories. some can afford kerosene, others charcoal as fuel. Most of them cant go to supermarket or to town to buy new clothes, bags or shoes.
I use the profit by paying school fees, re-investing in the business and other family up-keeps.

Loan Proposal

I will re-stock kerosene - 150litres @ a total of USD59.
After selling, i will get a profit of USD11
The benefits created is enabling me create good working relations with my lenders and other business partners. my clients also

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 27, 2015

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$104.12

Amount remaining

$0.00

Date repaid

Dec 8, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Aug 9, 2015 $5.15 Aug 10, 2015 $5.15
Aug 16, 2015 $5.15 Aug 10, 2015 $5.15
Aug 23, 2015 $5.15 Aug 23, 2015 $5.15
Aug 30, 2015 $5.15 Aug 23, 2015 $5.15
Sep 6, 2015 $5.15 Sep 6, 2015 $5.15
Sep 13, 2015 $5.15 Sep 18, 2015 $5.15
Sep 20, 2015 $5.15 Sep 18, 2015 $4.64
Sep 21, 2015 $0.52
Sep 27, 2015 $5.15 Sep 21, 2015 $1.03
Sep 27, 2015 $4.12
Oct 4, 2015 $5.15 Sep 27, 2015 $2.06
Oct 6, 2015 $3.09
Oct 11, 2015 $5.15 Oct 6, 2015 $2.06
Oct 11, 2015 $3.09
Oct 18, 2015 $5.15 Oct 11, 2015 $5.15
Oct 25, 2015 $5.15 Oct 11, 2015 $5.15
Nov 1, 2015 $5.15 Nov 16, 2015 $5.15
Nov 8, 2015 $5.15 Nov 16, 2015 $5.15
Nov 15, 2015 $5.15 Nov 16, 2015 $5.15
Nov 22, 2015 $5.15 Nov 16, 2015 $5.15
Nov 29, 2015 $5.15 Nov 25, 2015 $5.15
Dec 6, 2015 $5.15 Nov 25, 2015 $1.03
Dec 8, 2015 $4.12
Dec 13, 2015 $5.15 Dec 8, 2015 $5.15
Dec 20, 2015 $6.19 Dec 8, 2015 $6.19

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