Entrepreneur
Name
Margaret
Member since
April 2013
On-time repayments
12 installments • 25%
About Me
Am a single mother with one child who is 21 yrs old.I live at mishomoroni area near kona ya samaki in a rented house .Am a hiv consellor and a business woman.I completed primaary education and secodary then later did a course in hiv/aids management.I staretd a business because of the rising needs of my famliy as a single parent had lots challenges hence needed extra income to anable me be able to take care of my daughter.I use my business earnings to pay for house rent and buy food for my famliy.
My Business
My business is of buyng clothes in bulky and selling them, i have a shop where i display my clothes and sometimes i also mve from place to the orther selling them.Fashion are coming everyday and people want to wear new fashions and i also sell second hand clothes that are affordable to all so business is there.Many people prefer my shop because as i said i sell second hand clothes has most people like and got new fashions on stock.The challenges are, keeping and getting new fashions requires you to travel almost after every two weeks,shopmay be robbeda not all like buying clothes within their locality.I make around 2,000 sh everday thus 60,000 sh pre month.I spend 600 sh everday thus coming to 18,000 per month.i remain with 42,000 sh of which i buy in new stock worth 10,000 sh after every 2 weeks of which is 20,000 sh per month.my profitis 22,000 sh per month.
Loan Proposal
I am so grateful for this golden opportunity to expand my business. I will purchase some more cothes for my shop. This will be a boost for my stock in the business and I wish to do more with the returns that will be attributed to this loan. I am sure that there will be very great change for my business as a result of this loan.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 7, 2013
Repayment status
Late
Projected term
12 months
Lenders
Sarasota// Phnom Penh, United States
Summary
Amount repaid
$71.54
Amount remaining
$35.73
Expected completion
May 30, 2014
Status
Repaying late
Installment amount
$8.94
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 30, 2013 | $8.94 | Sep 30, 2013 | $8.94 |
| Jul 30, 2013 | $8.94 | Sep 30, 2013 | $8.94 |
| Aug 30, 2013 | $8.94 | Sep 30, 2013 | $8.94 |
| Sep 30, 2013 | $8.94 | Sep 30, 2013 | $8.94 |
| Oct 30, 2013 | $8.94 | Oct 31, 2013 | $8.94 |
| Nov 29, 2013 | $8.94 | Jan 28, 2014 | $8.94 |
| Dec 29, 2013 | $8.94 | Jan 28, 2014 | $8.94 |
| Jan 29, 2014 | $8.94 | Jan 28, 2014 | $8.94 |
| Mar 1, 2014 | $8.94 | Jan 28, 2014 | $0.02 |
| Mar 30, 2014 | $8.94 | ||
| Apr 30, 2014 | $8.94 | ||
| May 30, 2014 | $8.94 | ||
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