Lipstick, perfume and children's clothes sales

David

Eldoret, Kenya

7% repaid

Entrepreneur

Name

David

Member since

February 2014

On-time repayments

183 installments  •  6%

About Me

I live in eldoret i am the third born in a family of eight. I am currently doing a diploma in journalism and communication at eldoret polytechnic. Am at my second year and the course take three years. i have always had the passion of doing business since i was a child. The main thing that influenced me to start a business is my background. I came from a humble and i have many siblings, my father is the only bread winner my mother is a house wife. I had to look for an alternative source of income so i decided to start a business where i sell second hand and new clothes. I use the earnings from the businesses to support myself and i partially contribute to my studies.

My Business

I have a business located at eldoret town. It is a stall where i do sell second hand and new men and women clothes. My main customers are the youth this is because i do understand there taste of fashion and am always up to date with what is trending in the fashion industry. The business is profitable because i do have quite a large number of customers who always shop there for clothes weekly. Most of them prefer my business because i always offer them what they want at a fair price as compared to my competitor and also do have very good sales and marketing techniques. the average monthly profits that i generate from the business is about KES 9000 this is after paying the stall rent and electricity bill.

Loan Proposal

Hi Lenders i intend to use this loan to add more stock in my business by buying cosmetics for women @ KES 4000 this will include lipstick, eye pencils nail vanish and few perfumes for a start. I also intended to start selling children clothes due to the demand by most of my customers as some of them are parents this will cost KES 7000. Increasing my stock will lead to an increase in profits margin and also I will be able to meet the demands of my customers. I need support from the lenders so that i can achieve my plans by raising the required amount of capital for my business expansion.
Thank you in advance.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 11, 2014

Repayment status

Late

Projected term

42 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

V

vamPierchen

Luxembourg, Luxembourg

B

Bavarian

Bavaria, Germany

S

Serene

Philadelphia, United States

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$14.12

Amount remaining

$201.21

Expected completion

Sep 22, 2017

Status

Repaying late

Installment amount

$1.18

Repayment History

Expected Payments Actual Payments
Mar 21, 2014 $2.35 Mar 21, 2014 $2.35
Mar 28, 2014 $0.00
Apr 4, 2014 $1.18 Mar 30, 2014 $1.18
Apr 11, 2014 $1.18 Mar 30, 2014 $1.18
Apr 18, 2014 $1.18 Apr 4, 2014 $1.18
Apr 25, 2014 $1.18 Apr 4, 2014 $1.18
May 2, 2014 $1.18 Apr 4, 2014 $1.18
May 9, 2014 $1.18 Apr 29, 2014 $1.18
May 16, 2014 $1.18 May 15, 2014 $1.18
May 23, 2014 $1.18 May 15, 2014 $1.18
May 30, 2014 $1.18 May 15, 2014 $1.18
Jun 6, 2014 $1.18 Jun 5, 2014 $1.18
Jun 13, 2014 $1.18
Jun 20, 2014 $1.18
Jun 27, 2014 $1.18
Jul 4, 2014 $1.18
Jul 11, 2014 $1.18
Jul 18, 2014 $1.18
Jul 25, 2014 $1.18
Aug 1, 2014 $1.18
Aug 8, 2014 $1.18
Aug 15, 2014 $1.18
Aug 22, 2014 $1.18
Aug 29, 2014 $1.18
Sep 5, 2014 $1.18
Sep 12, 2014 $1.18
Sep 19, 2014 $1.18
Sep 26, 2014 $1.18
Oct 3, 2014 $1.18
Oct 10, 2014 $1.18
Oct 17, 2014 $1.18
Oct 24, 2014 $1.18
Oct 31, 2014 $1.18
Nov 6, 2014 $1.18
Nov 13, 2014 $1.18
Nov 20, 2014 $1.18
Nov 27, 2014 $1.18
Dec 4, 2014 $1.18
Dec 11, 2014 $1.18
Dec 18, 2014 $1.18
Dec 25, 2014 $1.18
Jan 1, 2015 $1.18
Jan 8, 2015 $1.18
Jan 15, 2015 $1.18
Jan 22, 2015 $1.18
Jan 29, 2015 $1.18
Feb 5, 2015 $1.18
Feb 12, 2015 $1.18
Feb 19, 2015 $1.18
Feb 26, 2015 $1.18
Mar 5, 2015 $1.18
Mar 13, 2015 $1.18
Mar 20, 2015 $1.18
Mar 27, 2015 $1.18
Apr 3, 2015 $1.18
Apr 10, 2015 $1.18
Apr 17, 2015 $1.18
Apr 24, 2015 $1.18
May 1, 2015 $1.18
May 8, 2015 $1.18
May 15, 2015 $1.18
May 22, 2015 $1.18
May 29, 2015 $1.18
Jun 5, 2015 $1.18
Jun 12, 2015 $1.18
Jun 19, 2015 $1.18
Jun 26, 2015 $1.18
Jul 3, 2015 $1.18
Jul 10, 2015 $1.18
Jul 17, 2015 $1.18
Jul 24, 2015 $1.18
Jul 31, 2015 $1.18
Aug 7, 2015 $1.18
Aug 14, 2015 $1.18
Aug 21, 2015 $1.18
Aug 28, 2015 $1.18
Sep 4, 2015 $1.18
Sep 11, 2015 $1.18
Sep 18, 2015 $1.18
Sep 25, 2015 $1.18
Oct 2, 2015 $1.18
Oct 9, 2015 $1.18
Oct 16, 2015 $1.18
Oct 23, 2015 $1.18
Oct 30, 2015 $1.18
Nov 5, 2015 $1.18
Nov 12, 2015 $1.18
Nov 19, 2015 $1.18
Nov 26, 2015 $1.18
Dec 3, 2015 $1.18
Dec 10, 2015 $1.18
Dec 17, 2015 $1.18
Dec 24, 2015 $1.18
Dec 31, 2015 $1.18
Jan 7, 2016 $1.18
Jan 14, 2016 $1.18
Jan 21, 2016 $1.18
Jan 28, 2016 $1.18
Feb 4, 2016 $1.18
Feb 11, 2016 $1.18
Feb 18, 2016 $1.18
Feb 25, 2016 $1.18
Mar 3, 2016 $1.18
Mar 10, 2016 $1.18
Mar 18, 2016 $1.18
Mar 25, 2016 $1.18
Apr 1, 2016 $1.18
Apr 8, 2016 $1.18
Apr 15, 2016 $1.18
Apr 22, 2016 $1.18
Apr 29, 2016 $1.18
May 6, 2016 $1.18
May 13, 2016 $1.18
May 20, 2016 $1.18
May 27, 2016 $1.18
Jun 3, 2016 $1.18
Jun 10, 2016 $1.18
Jun 17, 2016 $1.18
Jun 24, 2016 $1.18
Jul 1, 2016 $1.18
Jul 8, 2016 $1.18
Jul 15, 2016 $1.18
Jul 22, 2016 $1.18
Jul 29, 2016 $1.18
Aug 5, 2016 $1.18
Aug 12, 2016 $1.18
Aug 19, 2016 $1.18
Aug 26, 2016 $1.18
Sep 2, 2016 $1.18
Sep 9, 2016 $1.18
Sep 16, 2016 $1.18
Sep 23, 2016 $1.18
Sep 30, 2016 $1.18
Oct 7, 2016 $1.18
Oct 14, 2016 $1.18
Oct 21, 2016 $1.18
Oct 28, 2016 $1.18
Nov 4, 2016 $1.18
Nov 10, 2016 $1.18
Nov 17, 2016 $1.18
Nov 24, 2016 $1.18
Dec 1, 2016 $1.18
Dec 8, 2016 $1.18
Dec 15, 2016 $1.18
Dec 22, 2016 $1.18
Dec 29, 2016 $1.18
Jan 5, 2017 $1.18
Jan 12, 2017 $1.18
Jan 19, 2017 $1.18
Jan 26, 2017 $1.18
Feb 2, 2017 $1.18
Feb 9, 2017 $1.18
Feb 16, 2017 $1.18
Feb 23, 2017 $1.18
Mar 2, 2017 $1.18
Mar 9, 2017 $1.18
Mar 17, 2017 $1.18
Mar 24, 2017 $1.18
Mar 31, 2017 $1.18
Apr 7, 2017 $1.18
Apr 14, 2017 $1.18
Apr 21, 2017 $1.18
Apr 28, 2017 $1.18
May 5, 2017 $1.18
May 12, 2017 $1.18
May 19, 2017 $1.18
May 26, 2017 $1.18
Jun 2, 2017 $1.18
Jun 9, 2017 $1.18
Jun 16, 2017 $1.18
Jun 23, 2017 $1.18
Jun 30, 2017 $1.18
Jul 7, 2017 $1.18
Jul 14, 2017 $1.18
Jul 21, 2017 $1.18
Jul 28, 2017 $1.18
Aug 4, 2017 $1.18
Aug 11, 2017 $1.18
Aug 18, 2017 $1.18
Aug 25, 2017 $1.18
Sep 1, 2017 $1.18
Sep 8, 2017 $1.18
Sep 15, 2017 $1.18
Sep 22, 2017 $0.04

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