Entrepreneur
Name
Ann
Member since
May 2015
On-time repayments
302 installments • 46%
About Me
My name is Ann Migwi born and raised up in Muranga county in the central region of Kenya.
However, I navigated life safely into adulthood after having covered primary and secondary school education. I then left home to join Daystar University in the Nairobi City where I pursued my degree
I graduated and later secured a job in contract bases. Since then, I have been doing baking services having been trained in this area while still doing my degree course.
My Business
I am in baking business where I make cakes for all occasions like weddings, birthdays, anniversaries etc. I also do confectioneries such as queen cakes and supply them to retail outlets. I do this on a very small scale since I do not have adequate capital to expand and market my products effectively.
I also use makeshift oven which is not only slow but its finished product is now what it would really be if I was using a modern oven. There is a huge potential for the business since I live in a densely populated area where I am assured of demand all the time.
I am currently making about $300 from the business but half of it goes into covering my overheads. I am currently running the business from home so as to cut the expenses.
In enhancing my knowledge and improving my skills,I have doing this through YouTube which flexible and easily accessible. I have been able to impact the community by training them on how to use YouTube as a mechanisms to get skills,which is more cheaper as compared to attending class which one may incur huge amount of money.
Loan Proposal
Hire a car approximate $400,this will create employment and improve living standard.
Am grateful for your willingness to help me through impacting my Life positively.Thanks in advance we brightening my future
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Loan Info
Project Type
Classic Loan
Disbursed amount
$364.00
Date disbursed
Aug 1, 2016
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
Hong Kong
Austria
Austria
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Summary
Amount repaid
$382.21
Amount remaining
$0.00
Date repaid
Dec 13, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 14, 2016 | $20.17 | Aug 14, 2016 | $20.17 |
| Aug 21, 2016 | $20.17 | Aug 20, 2016 | $20.17 |
| Aug 28, 2016 | $20.17 | Aug 29, 2016 | $20.17 |
| Sep 4, 2016 | $20.17 | Sep 4, 2016 | $20.17 |
| Sep 11, 2016 | $10.08 | Sep 10, 2016 | $5.04 |
| Sep 22, 2016 | $5.04 | ||
| Sep 18, 2016 | $0.00 | ||
| Sep 25, 2016 | $5.04 | Sep 26, 2016 | $5.04 |
| Oct 2, 2016 | $5.04 | Sep 27, 2016 | $5.04 |
| Oct 9, 2016 | $5.04 | Oct 7, 2016 | $5.04 |
| Oct 16, 2016 | $5.04 | Oct 18, 2016 | $5.04 |
| Oct 23, 2016 | $5.04 | Oct 23, 2016 | $5.04 |
| Oct 30, 2016 | $5.04 | Nov 12, 2016 | $5.04 |
| Nov 6, 2016 | $5.04 | Nov 12, 2016 | $5.04 |
| Nov 13, 2016 | $0.00 | ||
| Nov 20, 2016 | $0.00 | ||
| Nov 27, 2016 | $75.62 | Nov 23, 2016 | $75.62 |
| Dec 4, 2016 | $75.62 | Dec 7, 2016 | $75.62 |
| Dec 11, 2016 | $104.92 | Dec 13, 2016 | $104.92 |
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