Hand bags, laptop bags and tshirts for boutique
Kevinson
Nairobi, Komarock, Kenya
42% repaid
Entrepreneur
Name
Kevinson
Member since
February 2014
On-time repayments
201 installments • 16%
About Me
I am a Moi University graduate and I stay in Nairobi, Komarock. I am an online entrepreneur but with a growing passion for the fashion world. For the last 3 years, I have been earning my living through blogging, article writing, ebook writing and academic writing.
In fact, the first loan you guys gave me elevated my online business to a new level and enabled me to start a boutique business, which will be the focus of my application.
I was able to respond to requests from different clients regarding creating different online products such as ebooks, PowerPoint presentations, guides, and tutorials. I was also able to engage in intensive marketing that saw a growth in my website visitors and customers as well.
Profits from my online business enabled me to start a boutique business at Daystar University (main Campus). This boutique deals with the sale of dresses, ladies’ shoes, and jewellery.
This business has been operating for the last two months and so far the demand is rising. Customers are now asking for new products such as T-shirts, hand bags, laptop bags, trousers, and other shoe types/designs.
Therefore, lenders, please help me raise more money to purchase these new items for my boutique business so as to put a smile on the face of my customers. More details are in ‘about your business’ section. Thanks in advance!
My Business
As aforementioned in my story, I run an online business dealing with blogging, article writing, ebook writing and academic writing. The second business is a boutique shop, which stocks dresses, ladies’ shoes, tops, and jewellery (earrings, necklaces, and bracelets). This business has been operation for two months now and so far, there’s great potential for growth.
Most customers are asking for items that I don’t sell such as T-shirts, hand bags, laptop bags, trousers, and other shoe types/designs. If funded, I’ll be able to purchase these items on whole sale and meet the growing demand.
My edge over my competitors is that while they sell second hand items at high prices, I stock my shop with trendy, new, and attractive products that suit the ultra modern campus student. This attracts more customers to my shop every day.
I buy ladies’ shoes and dresses and at $5 each and sell at $9-$10 each. I buy fashionable tops at $3 an sell at $5 each. Additionally, I buy jewellery items at a wholesale price of $2 per piece and sell them at $4 each. On average, I make a percentage profit of 80% to 100% per item.
The average sales per month amount to $225. Rent costs $56, salary for shop attendant is $67 and electricity costs $5. Therefore, my monthly net profit amounts to $97. If I add more stock and the new products, this is likely to grow by about 30% in the next two months. Please help me achieve this goal.
Loan Proposal
Thanks lenders for reading my application up to this far. I intend to use the loan to add hand bags, laptop bags an T-shirts to my boutique shop. The wholesale price per item is as follows: hand bag - $18, laptop bag - $8.5 and T-shirts - $5.
I would like to purchase 10 hand bags, 20 laptop bags and 20 T-shirts which will cost $180, $170, and $100 respectively. These new stock will help me to meet the demand of my customers an be able to create employment - at least by paying a monthly salary to the person running the boutique. Please support me. Thank you!
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$466.00
Date disbursed
Jun 13, 2014
Repayment status
Late
Projected term
44 months
Other loans
Lenders
Summary
Amount repaid
$295.94
Amount remaining
$405.03
Expected completion
Feb 17, 2018
Status
Repaying late
Installment amount
$2.91
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 21, 2014 | $27.19 | Jun 21, 2014 | $27.19 |
| Jun 28, 2014 | $27.19 | Jun 21, 2014 | $0.72 |
| Jun 28, 2014 | $26.47 | ||
| Jul 5, 2014 | $0.29 | Jun 28, 2014 | $0.28 |
| Jul 9, 2014 | $0.01 | ||
| Jul 12, 2014 | $17.44 | Jul 9, 2014 | $17.43 |
| Jul 25, 2014 | $0.01 | ||
| Jul 19, 2014 | $0.00 | ||
| Jul 26, 2014 | $17.44 | Jul 25, 2014 | $17.43 |
| Aug 2, 2014 | $0.01 | ||
| Aug 2, 2014 | $17.44 | Aug 2, 2014 | $17.44 |
| Aug 9, 2014 | $17.44 | Aug 2, 2014 | $5.80 |
| Aug 16, 2014 | $11.64 | ||
| Aug 16, 2014 | $17.44 | Aug 16, 2014 | $17.43 |
| Aug 23, 2014 | $0.01 | ||
| Aug 23, 2014 | $17.44 | Aug 23, 2014 | $17.43 |
| Sep 5, 2014 | $0.01 | ||
| Aug 30, 2014 | $17.44 | Sep 5, 2014 | $17.43 |
| Sep 13, 2014 | $0.01 | ||
| Sep 6, 2014 | $0.00 | ||
| Sep 13, 2014 | $5.81 | Sep 13, 2014 | $5.81 |
| Sep 20, 2014 | $5.81 | Sep 13, 2014 | $5.81 |
| Sep 27, 2014 | $5.81 | Sep 13, 2014 | $5.80 |
| Nov 4, 2014 | $0.01 | ||
| Oct 4, 2014 | $5.81 | Nov 4, 2014 | $5.81 |
| Oct 11, 2014 | $5.81 | Nov 4, 2014 | $5.80 |
| Dec 3, 2014 | $0.01 | ||
| Oct 18, 2014 | $0.00 | ||
| Oct 25, 2014 | $0.00 | ||
| Nov 1, 2014 | $0.00 | ||
| Nov 8, 2014 | $0.00 | ||
| Nov 15, 2014 | $0.00 | ||
| Nov 22, 2014 | $2.91 | Dec 3, 2014 | $2.91 |
| Nov 29, 2014 | $2.91 | Dec 3, 2014 | $2.91 |
| Dec 6, 2014 | $2.91 | Dec 3, 2014 | $2.91 |
| Dec 13, 2014 | $2.91 | Dec 3, 2014 | $2.90 |
| Jan 6, 2015 | $0.01 | ||
| Dec 20, 2014 | $2.91 | Jan 6, 2015 | $2.91 |
| Dec 27, 2014 | $2.91 | Jan 6, 2015 | $2.90 |
| Feb 4, 2015 | $0.01 | ||
| Jan 3, 2015 | $2.91 | Feb 4, 2015 | $2.91 |
| Jan 10, 2015 | $2.91 | Feb 4, 2015 | $2.91 |
| Jan 17, 2015 | $2.91 | Feb 4, 2015 | $2.91 |
| Jan 24, 2015 | $2.91 | Feb 4, 2015 | $2.91 |
| Jan 31, 2015 | $2.91 | Feb 4, 2015 | $2.90 |
| Mar 24, 2015 | $0.01 | ||
| Feb 7, 2015 | $2.91 | Mar 24, 2015 | $2.91 |
| Feb 14, 2015 | $2.91 | Mar 24, 2015 | $2.91 |
| Feb 21, 2015 | $2.91 | Mar 24, 2015 | $2.91 |
| Feb 28, 2015 | $2.91 | Mar 24, 2015 | $2.90 |
| Apr 28, 2015 | $0.01 | ||
| Mar 7, 2015 | $2.91 | Apr 28, 2015 | $2.91 |
| Mar 14, 2015 | $2.91 | Apr 28, 2015 | $2.91 |
| Mar 21, 2015 | $2.91 | Apr 28, 2015 | $2.91 |
| Mar 28, 2015 | $2.91 | Apr 28, 2015 | $2.90 |
| Sep 15, 2015 | $0.01 | ||
| Apr 4, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| Apr 11, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| Apr 18, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| Apr 25, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| May 2, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| May 9, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| May 16, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| May 23, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| May 30, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| Jun 6, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| Jun 13, 2015 | $2.91 | Sep 15, 2015 | $2.91 |
| Jun 20, 2015 | $2.91 | Sep 15, 2015 | $2.90 |
| Jun 27, 2015 | $2.91 | ||
| Jul 4, 2015 | $2.91 | ||
| Jul 11, 2015 | $2.91 | ||
| Jul 18, 2015 | $2.91 | ||
| Jul 25, 2015 | $2.91 | ||
| Aug 1, 2015 | $2.91 | ||
| Aug 8, 2015 | $2.91 | ||
| Aug 15, 2015 | $2.91 | ||
| Aug 22, 2015 | $2.91 | ||
| Aug 29, 2015 | $2.91 | ||
| Sep 5, 2015 | $2.91 | ||
| Sep 12, 2015 | $2.91 | ||
| Sep 19, 2015 | $2.91 | ||
| Sep 26, 2015 | $2.91 | ||
| Oct 3, 2015 | $2.91 | ||
| Oct 10, 2015 | $2.91 | ||
| Oct 17, 2015 | $2.91 | ||
| Oct 24, 2015 | $2.91 | ||
| Oct 31, 2015 | $2.91 | ||
| Nov 7, 2015 | $2.91 | ||
| Nov 14, 2015 | $2.91 | ||
| Nov 21, 2015 | $2.91 | ||
| Nov 28, 2015 | $2.91 | ||
| Dec 5, 2015 | $2.91 | ||
| Dec 12, 2015 | $2.91 | ||
| Dec 19, 2015 | $2.91 | ||
| Dec 26, 2015 | $2.91 | ||
| Jan 2, 2016 | $2.91 | ||
| Jan 9, 2016 | $2.91 | ||
| Jan 16, 2016 | $2.91 | ||
| Jan 23, 2016 | $2.91 | ||
| Jan 30, 2016 | $2.91 | ||
| Feb 6, 2016 | $2.91 | ||
| Feb 13, 2016 | $2.91 | ||
| Feb 20, 2016 | $2.91 | ||
| Feb 27, 2016 | $2.91 | ||
| Mar 5, 2016 | $2.91 | ||
| Mar 12, 2016 | $2.91 | ||
| Mar 19, 2016 | $2.91 | ||
| Mar 26, 2016 | $2.91 | ||
| Apr 2, 2016 | $2.91 | ||
| Apr 9, 2016 | $2.91 | ||
| Apr 16, 2016 | $2.91 | ||
| Apr 23, 2016 | $2.91 | ||
| Apr 30, 2016 | $2.91 | ||
| May 7, 2016 | $2.91 | ||
| May 14, 2016 | $2.91 | ||
| May 21, 2016 | $2.91 | ||
| May 28, 2016 | $2.91 | ||
| Jun 4, 2016 | $2.91 | ||
| Jun 11, 2016 | $2.91 | ||
| Jun 18, 2016 | $2.91 | ||
| Jun 25, 2016 | $2.91 | ||
| Jul 2, 2016 | $2.91 | ||
| Jul 9, 2016 | $2.91 | ||
| Jul 16, 2016 | $2.91 | ||
| Jul 23, 2016 | $2.91 | ||
| Jul 30, 2016 | $2.91 | ||
| Aug 6, 2016 | $2.91 | ||
| Aug 13, 2016 | $2.91 | ||
| Aug 20, 2016 | $2.91 | ||
| Aug 27, 2016 | $2.91 | ||
| Sep 3, 2016 | $2.91 | ||
| Sep 10, 2016 | $2.91 | ||
| Sep 17, 2016 | $2.91 | ||
| Sep 24, 2016 | $2.91 | ||
| Oct 1, 2016 | $2.91 | ||
| Oct 8, 2016 | $2.91 | ||
| Oct 15, 2016 | $2.91 | ||
| Oct 22, 2016 | $2.91 | ||
| Oct 29, 2016 | $2.91 | ||
| Nov 5, 2016 | $2.91 | ||
| Nov 12, 2016 | $2.91 | ||
| Nov 19, 2016 | $2.91 | ||
| Nov 26, 2016 | $2.91 | ||
| Dec 3, 2016 | $2.91 | ||
| Dec 10, 2016 | $2.91 | ||
| Dec 17, 2016 | $2.91 | ||
| Dec 24, 2016 | $2.91 | ||
| Dec 31, 2016 | $2.91 | ||
| Jan 7, 2017 | $2.91 | ||
| Jan 14, 2017 | $2.91 | ||
| Jan 21, 2017 | $2.91 | ||
| Jan 28, 2017 | $2.91 | ||
| Feb 4, 2017 | $2.91 | ||
| Feb 11, 2017 | $2.91 | ||
| Feb 18, 2017 | $2.91 | ||
| Feb 25, 2017 | $2.91 | ||
| Mar 4, 2017 | $2.91 | ||
| Mar 11, 2017 | $2.91 | ||
| Mar 18, 2017 | $2.91 | ||
| Mar 25, 2017 | $2.91 | ||
| Apr 1, 2017 | $2.91 | ||
| Apr 8, 2017 | $2.91 | ||
| Apr 15, 2017 | $2.91 | ||
| Apr 22, 2017 | $2.91 | ||
| Apr 29, 2017 | $2.91 | ||
| May 6, 2017 | $2.91 | ||
| May 13, 2017 | $2.91 | ||
| May 20, 2017 | $2.91 | ||
| May 27, 2017 | $2.91 | ||
| Jun 3, 2017 | $2.91 | ||
| Jun 10, 2017 | $2.91 | ||
| Jun 17, 2017 | $2.91 | ||
| Jun 24, 2017 | $2.91 | ||
| Jul 1, 2017 | $2.91 | ||
| Jul 8, 2017 | $2.91 | ||
| Jul 15, 2017 | $2.91 | ||
| Jul 22, 2017 | $2.91 | ||
| Jul 29, 2017 | $2.91 | ||
| Aug 5, 2017 | $2.91 | ||
| Aug 12, 2017 | $2.91 | ||
| Aug 19, 2017 | $2.91 | ||
| Aug 26, 2017 | $2.91 | ||
| Sep 2, 2017 | $2.91 | ||
| Sep 9, 2017 | $2.91 | ||
| Sep 16, 2017 | $2.91 | ||
| Sep 23, 2017 | $2.91 | ||
| Sep 30, 2017 | $2.91 | ||
| Oct 7, 2017 | $2.91 | ||
| Oct 14, 2017 | $2.91 | ||
| Oct 21, 2017 | $2.91 | ||
| Oct 28, 2017 | $2.91 | ||
| Nov 4, 2017 | $2.91 | ||
| Nov 11, 2017 | $2.91 | ||
| Nov 18, 2017 | $2.91 | ||
| Nov 25, 2017 | $2.91 | ||
| Dec 2, 2017 | $2.91 | ||
| Dec 9, 2017 | $2.91 | ||
| Dec 16, 2017 | $2.91 | ||
| Dec 23, 2017 | $2.91 | ||
| Dec 30, 2017 | $2.91 | ||
| Jan 6, 2018 | $2.91 | ||
| Jan 13, 2018 | $2.91 | ||
| Jan 20, 2018 | $2.91 | ||
| Jan 27, 2018 | $2.91 | ||
| Feb 3, 2018 | $2.91 | ||
| Feb 10, 2018 | $2.91 | ||
| Feb 17, 2018 | $3.87 | ||
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