Fridge for my clothing boutique to sell cold drinks

Cynthia

Nairobi, Kenya

16% repaid

Entrepreneur

Name

Cynthia

Member since

February 2014

On-time repayments

356 installments  •  29%

About Me

my name is Cynthia i live in huruma roundabout i am a firstborn in family of four siblings i decided to venture into business to solve my family's financial issues,to save money to pay my sisters fees and also further my education i did my kcpe in 2005 and joined high school i sat my kcse and passes i learned computer packages and decided to start business i sell clothes and bake cakes the prosits from my business i bought a sewing machine i need to expand my business to yield more profit if i get the loan my business will flourish and i will be able to expand my consumer and customer territory i will also be able to support my siblings and also promptly pay the loan

My Business

i sell clothes that yield a profit of $12daily when business is good but when business is bad i get $10 profit daily i also bake cakes which i sell at $ 22per 1.5 kg for marble and $ 31 for fruit cakes per kg i need a loan to expand my business to buy mannequins to hang my clothes and add stock to my shop and also buy more items for my cake shop to enable me increase my labour to atleast two people i also need to expand my shop and start selling women inner clothing lingerie beauty products and shoes both male and female shoes

Loan Proposal

When i get this loan i will purchase a fridge to cool my juices. I make fresh juices from fruits beetroot and carrot juice, pineapple juice, orange juice, passion juice, avocado juice and mango juices which i sell to my customers who come to my stall to purchase clothes and since i sell cakes too some customers come and they need cold drinks since mine are fresh and healthy and since they are not cold i lose some customers if i buy a fridge i will attract a good number of customers and i will be able to sell other processed drinks like milk to those who prefer milk and yoghurt and this will increase my business boundaries and my income as the demand for freshly made juices is very very high due to the quality and healthy nTure of the fresh juice and the variety and they can be taken by everyone including those with obesity problems and diabetic patients this will be a good investment as my income will be highly boosted and life will change for me thank you in advance

Feedback

2

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$322.00

Date disbursed

Jan 2, 2015

Repayment status

Late

Projected term

75 months

Lenders

mendiros

Accra, Ghana

E

Errol

Bradenton, FL, United States

W

wmonroe

Paris, France

M

Monarch84

Las Vegas, United States

artzrouni

Pau, France

sworthington

San Francisco, United States

E

evanglend

Arlington, United States

L

Lemon

Switzerland, Switzerland

T

toscoman

Adliswil, Switzerland

R

rpmccarthy

Sydney, Australia

ads68

Melbourne, Australia

JC

Jordi Cohen

New York, NY, United States

Gordons28

Santa Monica, United States

B

BassFamily

Tremonton, United States

dmirpuri

Bangkok, Thailand

markpearson

Portsmouth, United Kingdom

L

Lennert

Alphen aan den Rijn, Netherlands

O

oonbug

United States

M

Malibu

Westwood, United States

C

CardinalRed23

United States

bcortazar

Peckville, United States

SV

sven vdk

Twickenham, United Kingdom

KM

Kirsty M

United Kingdom

SMOICE

Berlin, Germany

Matt B

Stratford Upon Avon, United Kingdom

Thomas

Basel, Switzerland

JD

Jo Dane

Melbourne, Australia

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  • Patrick    Feb 2, 2021

    She is yet to send her payments in a weeks time. Thanks

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  • Cynthia    Dec 8, 2020

    Covid has messed up my business

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  • Cynthia    Nov 9, 2020

    Covid has really hit my business so hard therefore making me unable to meet up with my obligation

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  • Cynthia    Sep 23, 2020

    I am currently unable to pay full installment amount because business is still very low

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  • Cynthia    Aug 11, 2020

    Business has gone so low no income making me struggle to pay

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  • Cynthia    Jun 26, 2020

    I am currently unwell and unable to conduct my work making it difficult to make payments

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  • Cynthia    May 17, 2020

    Business has become very bad due to the pandemic therefore making me unable to raise the installments

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  • Cynthia    Apr 7, 2020

    Due to covid 19 businesses have been low making it unable for me to keep up with my instalments

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  • Cynthia    Mar 4, 2020

    I have had a rough time in business making it difficult to pay my installment amount

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  • Cynthia    Jan 19, 2020

    Life has become a little difficult I have been unable to pay my installment on time that's why I have adjusted to enable me pay

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  • Cynthia    Dec 22, 2019

    I need to adjust my installment amount most of my clients have travelled therefore business is quite slow

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  • Cynthia    Nov 7, 2019

    I am unable to pay my installment due to drop in business that's why I adjusted my installment

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  • Cynthia    Sep 9, 2019

    I have been unfortunate I have a funeral at the same time fees for my brother so I am abit held up financially

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  • Cynthia    Jun 25, 2019

    I am unable to pay my installment due to financial constraints

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  • Cynthia    May 6, 2019

    I am having financial issues at the moment therefore would like to adjust my loan repayment

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  • Cynthia    Nov 2, 2018

    I wish to pay that since that is what I can afford at the moment due to difficult times

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  • Cynthia    Nov 2, 2018

    I have changed the installments because am in difficulties at the moment and i t has been difficult for me to pay the initial installment amount

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  • Matt B    Feb 21, 2015

    Hi Cynthia - how is your business going?

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  • Jo Dane    Feb 9, 2015

    Hang in there Cynthia. I understand you needed to help your brother but hope you still get to purchase the fridge too. Take care. Jo

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  • Cynthia    Jan 30, 2015

    Dear lenders
    I am asking for your understanding i have to reduce my installment because i had to pay for my brother's fees as he had arrears and this has drained my income and i dont want to lag behind in payments therefore i have to reschedule please my lenddrs bear with me when i pick up i will promptly increase the amount thanks in advance

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