Clothes and handbags for my shop

Pauline

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Pauline

Member since

May 2017

On-time repayments

57 installments  •  61%

About Me

My names are Pauline wamuchwa and I was born in kakamega county in the year 1986. I joined navagholo primary school in the year 1991 and completed in the year 1998 and latter joined uasingishu high school and I completed in the year 2002. After I completed high school ,my father was retrenched from job and was unable to take me to college. I stayed home for five years and I was latter employed by my aunt to supply handbags to her cliants in eldoret town ,that is from the year 2008. I worked for her for five years because she paid me very little amount of money and in 2012, I had saved 20 thousand shs and I decided to start my own business.

My Business

My business is of selling handbags,briefcase and suitcase. This handbags are on demand since the year 2013 when our government enacted a law that barn the us of nylon bags because they said that paper bags are not good on environment and the Kenya n government emphasize more use of handbags and that makes me smile. I choose this kind of business because is the one that am experienced in and I know where to buy at a fare price and where to sale and get good profit because I was trained by my aunt when I worked for her.my net profit per month is 30000kshs per month. 10% to church, 20% my children's school,30% my house rent,30% reinvesting to grow my business.

Loan Proposal

I begin with more thanks to you lenders for being there for me and my business. I plan to buy clothes for sale to add on my stock of handbags and suitcases because clothes are of higher demand during this Christmas seasons. I wants to buy 3 bundles of clothes of which will cost 250 us dollars. This stock of clothes will be of great benefit both to my customers and my entire family ,because my customers will get clothes, handbags and suitcases at one shop and therefore save time and money of moving to different places to buy.during festival seasons, clothes goes for double price and that means that from 250 dollars, I will make the same as profit and I will be able to pay for child's school fees and also enjoy Christmas day with my family. Thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$249.00

Date disbursed

Dec 17, 2017

Repayment status

On Time

Projected term

11 months

Lenders

Stefan Koshold

Mülheim, Germany

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Summary

Amount repaid

$249.53

Amount remaining

$0.00

Date repaid

Jan 20, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 30, 2017 $4.93 Dec 30, 2017 $4.93
Jan 6, 2018 $4.93 Jan 6, 2018 $4.93
Jan 13, 2018 $4.93 Jan 13, 2018 $4.93
Jan 20, 2018 $4.93 Jan 20, 2018 $4.93
Jan 27, 2018 $4.93 Jan 20, 2018 $4.93
Feb 3, 2018 $4.93 Jan 20, 2018 $4.93
Feb 10, 2018 $4.93 Jan 20, 2018 $4.93
Feb 17, 2018 $4.93 Jan 20, 2018 $4.93
Feb 24, 2018 $4.93 Jan 20, 2018 $4.93
Mar 3, 2018 $4.93 Jan 20, 2018 $4.93
Mar 10, 2018 $4.93 Jan 20, 2018 $4.93
Mar 17, 2018 $4.93 Jan 20, 2018 $4.93
Mar 24, 2018 $4.93 Jan 20, 2018 $4.93
Mar 31, 2018 $4.93 Jan 20, 2018 $4.93
Apr 7, 2018 $4.93 Jan 20, 2018 $4.93
Apr 14, 2018 $4.93 Jan 20, 2018 $4.93
Apr 21, 2018 $4.93 Jan 20, 2018 $4.93
Apr 28, 2018 $4.93 Jan 20, 2018 $4.93
May 5, 2018 $4.93 Jan 20, 2018 $4.93
May 12, 2018 $4.93 Jan 20, 2018 $4.93
May 19, 2018 $4.93 Jan 20, 2018 $4.93
May 26, 2018 $4.93 Jan 20, 2018 $4.93
Jun 2, 2018 $4.93 Jan 20, 2018 $4.93
Jun 9, 2018 $4.93 Jan 20, 2018 $4.93
Jun 16, 2018 $4.93 Jan 20, 2018 $4.93
Jun 23, 2018 $4.93 Jan 20, 2018 $4.93
Jun 30, 2018 $4.93 Jan 20, 2018 $4.93
Jul 7, 2018 $4.93 Jan 20, 2018 $4.93
Jul 14, 2018 $4.93 Jan 20, 2018 $4.93
Jul 21, 2018 $4.93 Jan 20, 2018 $4.93
Jul 28, 2018 $4.93 Jan 20, 2018 $4.93
Aug 4, 2018 $4.93 Jan 20, 2018 $4.93
Aug 11, 2018 $4.93 Jan 20, 2018 $4.93
Aug 18, 2018 $4.93 Jan 20, 2018 $4.93
Aug 25, 2018 $4.93 Jan 20, 2018 $4.93
Sep 1, 2018 $4.93 Jan 20, 2018 $4.93
Sep 8, 2018 $4.93 Jan 20, 2018 $4.93
Sep 15, 2018 $4.93 Jan 20, 2018 $4.93
Sep 22, 2018 $4.93 Jan 20, 2018 $4.93
Sep 29, 2018 $4.93 Jan 20, 2018 $4.93
Oct 6, 2018 $4.93 Jan 20, 2018 $4.93
Oct 13, 2018 $4.93 Jan 20, 2018 $4.93
Oct 20, 2018 $4.93 Jan 20, 2018 $4.93
Oct 27, 2018 $4.93 Jan 20, 2018 $4.93
Nov 3, 2018 $4.93 Jan 20, 2018 $4.93
Nov 10, 2018 $4.93 Jan 20, 2018 $4.93
Nov 17, 2018 $4.93 Jan 20, 2018 $4.93
Nov 24, 2018 $4.93 Jan 20, 2018 $4.93
Dec 1, 2018 $4.93 Jan 20, 2018 $4.93
Dec 8, 2018 $4.93 Jan 20, 2018 $4.93
Dec 15, 2018 $3.17 Jan 20, 2018 $3.17

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