Grace

Kwa Buda, Kenya

13% repaid

Entrepreneur

Name

Grace

Member since

January 2013

On-time repayments

75 installments  •  5%

About Me

Am a christian by faith,single with two children ,one school undergoing at secondary school form three while the other is at college.I deal with boutique and soap selling which is a mobile business,the clothes that i sell i bur the from our neighbouring country which is in Uganda.The target of my customer more of them are the ones who have boutique shops most of them buying on order with the turn-up of the orders i get from my clients in a month i make two visits and three visits on holidays ie festive season s.I also sell the clothes at the locals because i have established my self in this business which for now i have run it for more than 10 years.With the unique of this type of clothes am privileged to have many customers.
with the business cutting a cross men,women to young ones am able to make a good profit margin making it for me to raise the family .
On a one visit to Uganda i comes with goods worth 40000 and after the sale am able to make a profit of 10000 this is after the reduction of the transport on road and of the offloading of the goods.

My Business

I deal with boutique and soap selling which is a mobile business,the clothes that i sell i bur the from our neighbouring country which is in Uganda.The target of my customer more of them are the ones who have boutique shops most of them buying on order with the turn-up of the orders i get from my clients in a month i make two visits and three visits on holidays ie festive season s.I also sell the clothes at the locals because i have established my self in this business which for now i have run it for more than 10 years.With the unique of this type of clothes am privileged to have many customers.
with the business cutting a cross men,women to young ones am able to make a good profit margin making it for me to raise the family .
On a one visit to Uganda i comes with goods worth 40000 and after the sale am able to make a profit of 10000 this is after the reduction of the transport on road and of the offloading of the goods.
The demands is higher of this kind of clothes that i sell as they are unique from the ones in our country,with me bringing the clothes to my customers to their shop at a cheap and affordable price they prefer to buy from me rather than going to buy for themselves

Loan Proposal

.I deal with boutique and soap selling which is a mobile business,the clothes that i sell i bur the from our neighbouring country which is in Uganda.The target of my customer more of them are the ones who have boutique shops most of them buying on order with the turn-up of the orders i get from my clients in a month i make two visits and three visits on holidays ie festive season s.I also sell the clothes at the locals because i have established my self in this business which for now i have run it for more than 10 years.With the unique of this type of clothes am privileged to have many customers.
with the business cutting a cross men,women to young ones am able to make a good profit margin making it for me to raise the family .
On a one visit to Uganda i comes with goods worth 40000 and after the sale am able to make a profit of 10000 this is after the reduction of the transport on road and of the offloading of the goods.
With this amount i will be able to see that i satisfy my clients fully meeting their demand

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$499.00

Date disbursed

Feb 27, 2013

Repayment status

Late

Projected term

75 months

Lenders

T

Tmann

Los Angeles, United States

IJAZBOF

Chihuahua, Mexico

C

chkuo

Taipei, Taiwan

E

Ehaffey

Washington D.C., United States

A

argentpepper

Boston, United States

airvillepa

Airville, Pennsylvania, United States

Sundstroms

Falun, Sweden

P

pellm

Ashland, United States

MillerClark

London, United Kingdom

A

Aaron

Zurich, Switzerland

P

pignolet

zurich, Switzerland

K

Kari79

Salo, Finland

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  • Grace    May 15, 2014

    For the last six months i have been having some few problems in my business, therefore low income which i have not been able to save enough money .
    Am the bread winner of my family, single parent of two kids and they rely on me.
    Payment of the school fees and the house rent are the major problem that are affecting my business especially now that the business is on higher competition .

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  • John    Apr 3, 2014

    Hello,i am the vm for Grace.I have made contact with her and she says business is low thus unable to make repayments currently.she promised to do a rescheduling by the end of this week

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  • Grace    Sep 30, 2013

    The first time i rescheduled my monthly loan repayment, i thought i was to start paying by the month of October and not September. So i was so convinced that i will pay on time that is by October.
    Due to low income in my business, the profit am getting is very little, thats why i would like to reschedule my repayments. Where by the supply is very low.

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  • Grace    Sep 10, 2013

    The business was doing great at the beginning, but due to high competition of the same commodities it has interfered with my supply, since i was buying the items from a neighbouring country.
    So I would like to change my monthly repayment installment, less than the previous amount i was paying due to low income in my business.
    Hope you will consider my request since i am a single parent and i have paid the school fees for my kid, and also am a bread-winner in my family.
    Thank you in advance.

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