Fee for more cake making course

Mercy

Kitengela, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

January 2018

On-time repayments

48 installments  •  58%

About Me

As you know my business has been canvas bags and the last loan was to finance bag orders that I had, unfortunately, I had some emergency and diverted the funds. On the positive side the orders were not cancelled hence I will still supply the orders.

My Business

I have been only doing the bags business however most customers have mad enquiries for other ladies products like shoes, clothes, jewellery and other accessories. This has come from repeat customers I have decided to add these items to my business since my clients are asking for them and will increase my customer base. If I get funded ill build this business to be a one-stop shop from bags clothes jewellery and shoes for the ladies. Most of my clients are located outside the Capital hence they like the fact they don't have to travel to get the goods the can get them by ordering onlice and I send them as a parcel. To be able to make a profit I have to buy items at a certain minimum quantity from wholesalers and importers to be able to be accorded the wholesale price.

Loan Proposal

I will use the loan to take some cake making classes to help me make learn more on making and packaging cakes for sale.How to price the cakes to make a profit, also packaging and where to source for supplies on wholesale. Also how to market my goods and the certification needed to run this venture

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$52.00

Date disbursed

Jan 3, 2019

Repayment status

On Time

Projected term

3 weeks

Lenders

Stefan Koshold

Mülheim, Germany

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Summary

Amount repaid

$52.28

Amount remaining

$0.00

Date repaid

Jan 20, 2019

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 11, 2019 $17.43 Jan 11, 2019 $17.43
Jan 18, 2019 $17.43 Jan 11, 2019 $0.31
Jan 18, 2019 $17.13
Jan 25, 2019 $17.41 Jan 18, 2019 $0.12
Jan 20, 2019 $17.29

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