I will use the loan to increase my stock and make more returns
Christine
Nairobi, Kenya
62% repaid
Entrepreneur
Name
Christine
Member since
February 2014
On-time repayments
72 installments • 24%
About Me
I come from a family of six. Siblings.
Am the third born in this family.we arrested five girls and one boy.
I live in south b plainsvieq Nairobi. I am on my last semester of my undergraduate pursuing my major in human resource and management.
I started a business of selling second hand clothes to my fellow students to help pay my tuition after my dad died in 2010 and was forced to take academic leave because of financial constraints.I later got a job as a direct sales agent for. bank .
The money was never enough to pay my tuition hence continued selling the second hand clothes
THE money I get from my business I make sure my stock is adequate at all times.I get my stock of second hand clothes at a local market called "gikomba"on. Saturdays and resell them at the beggining of the week to my class mates and colleagues.
My Business
My main source of income is my salary from my direct sales agent for the bank and my personal second hand clothes business.
The goods that I sell range from coats, official shirts,skirts,ties,blazers,dresses.
I offer my service providers free home delivery when they are nit around my reach.I also give them discounts provided they have a good client base and rapport with me.
My consumers understand my business compaired to my competition because I k
now what they want,what is on season. And I also advice them with what is trend or what is not on trend in the market. I also give some a credit period of 30days to pay
as they take home there purchase. The business is profitable because People buy clothes everyday its a necessity. The challenges I face is lack of transport sometimes and my debtor's not paying on time .
Loan Proposal
I will use the loan to increase my stock.This will involve visiting the market early saturday and selecting the best quality clothes from the 2nd hand bales.The clothes i buy include(dresses, coats chiffon tops.cotton blouses/tops, officia skirts and blouses,sweaters and clutch bags" Since i already have established vendors i buy from "kikomba market" getting stock is easy for me.The loan will also assist me buy bundles to keep intouch with customers and advertise using social media like face book and whatapps
About Me
I come from a family of six. Siblings.
Am the third born in this family.we arrested five girls and one boy.
I live in south b plainsvieq Nairobi. I am on my last semester of my undergraduate pursuing my major in human resource and management.
I started a business of selling second hand clothes to my fellow students to help pay my tuition after my dad died in 2010 and was forced to take academic leave because of financial constraints.I later got a job as a direct sales agent for. bank .
The money was never enough to pay my tuition hence continued selling the second hand clothes
THE money I get from my business I make sure my stock is adequate at all times.I get my stock of second hand clothes at a local market called "gikomba"on. Saturdays and resell them at the beggining of the week to my class mates and colleagues.
My Business
My source if income is my salary from my direct sales agent for the bank and my personal second hand clothes business.
The goods that I sell range from coats, official shirts,skirts,ties,blazers,dresses.
I offer my service providers free home delivery when they are nit around my reach.I also give them discounts provided they have a good client base and rapport with me.
My consumers understand my business compaired to my competition because I k
now what they want,what is on season. And I also advice them with what is trend or what is not on trend in the market. I also give some a credit period of 30days to pay
as they take home there purchase. The business is profitable because People buy clothes everyday its a necessity. The challenges I face is lack of transport sometimes I
go to the market to get my stocks I end up coming home with nothing because I ddnt get what I wanted.for a stock of 20000 kenya shillings .Am therefore requesting for usd.250 dollars
On a good season I make a profit of
f 7000 Kenya shillings.
I will repay the loan if not with the profit I make from the business, I will pay back with salary and savings.
another challenge is my debtor's not paying on time as agreed on.
Loan Proposal
I will use the loan to increase my stock.This will involve visiting the market early saturday and selecting the best quality clothes from the 2nd hand bales.The clothes i buy include(dresses, coats chiffon tops.cotton blouses/tops, officia skirts and blouses,sweaters and clutch bags" Since i already have established vendors i buy from "kikomba market" getting stock is easy for me.The loan will also assist me buy bundles to keep intouch with customers and advertise using social media like face book and whatapps
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 25, 2014
Repayment status
Late
Projected term
17 months
Lenders
Summary
Amount repaid
$99.55
Amount remaining
$61.31
Expected completion
Jul 31, 2015
Status
Repaying late
Installment amount
$2.35
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 7, 2014 | $3.47 | Mar 5, 2014 | $2.94 |
| Mar 12, 2014 | $0.53 | ||
| Mar 15, 2014 | $3.47 | Mar 12, 2014 | $3.47 |
| Mar 22, 2014 | $3.47 | Mar 12, 2014 | $0.71 |
| Mar 28, 2014 | $2.76 | ||
| Mar 29, 2014 | $3.47 | Mar 28, 2014 | $1.94 |
| Apr 11, 2014 | $1.53 | ||
| Apr 5, 2014 | $3.47 | Apr 11, 2014 | $3.18 |
| May 13, 2014 | $0.29 | ||
| Apr 12, 2014 | $3.47 | May 13, 2014 | $2.06 |
| Jun 2, 2014 | $1.41 | ||
| Apr 19, 2014 | $3.47 | Jun 2, 2014 | $3.47 |
| Apr 26, 2014 | $3.47 | Jun 2, 2014 | $3.47 |
| May 3, 2014 | $3.47 | Jun 2, 2014 | $3.47 |
| May 10, 2014 | $3.47 | Jun 2, 2014 | $3.47 |
| May 17, 2014 | $3.47 | Jun 2, 2014 | $3.18 |
| Jun 15, 2014 | $0.29 | ||
| May 24, 2014 | $3.47 | Jun 15, 2014 | $3.47 |
| May 31, 2014 | $3.47 | Jun 15, 2014 | $1.53 |
| Jul 8, 2014 | $1.94 | ||
| Jun 7, 2014 | $3.47 | Jul 8, 2014 | $3.47 |
| Jun 14, 2014 | $3.47 | Jul 8, 2014 | $3.47 |
| Jun 21, 2014 | $3.47 | Jul 8, 2014 | $3.47 |
| Jun 28, 2014 | $3.47 | Jul 8, 2014 | $3.47 |
| Jul 5, 2014 | $3.47 | Jul 8, 2014 | $3.47 |
| Jul 12, 2014 | $3.47 | Jul 8, 2014 | $3.47 |
| Jul 19, 2014 | $3.47 | Jul 8, 2014 | $3.47 |
| Jul 26, 2014 | $3.47 | Jul 8, 2014 | $3.18 |
| Jul 10, 2014 | $0.29 | ||
| Aug 2, 2014 | $3.47 | Jul 10, 2014 | $3.47 |
| Aug 9, 2014 | $3.47 | Jul 10, 2014 | $3.47 |
| Aug 16, 2014 | $3.47 | Jul 10, 2014 | $1.59 |
| Aug 1, 2014 | $1.88 | ||
| Aug 23, 2014 | $3.47 | Aug 1, 2014 | $3.41 |
| Nov 25, 2014 | $0.06 | ||
| Aug 30, 2014 | $3.47 | Nov 25, 2014 | $3.47 |
| Sep 6, 2014 | $1.08 | Nov 25, 2014 | $1.08 |
| Sep 13, 2014 | $0.00 | ||
| Sep 20, 2014 | $0.00 | ||
| Sep 27, 2014 | $0.00 | ||
| Oct 4, 2014 | $0.00 | ||
| Oct 11, 2014 | $0.00 | ||
| Oct 18, 2014 | $0.00 | ||
| Oct 25, 2014 | $0.00 | ||
| Nov 1, 2014 | $0.00 | ||
| Nov 7, 2014 | $0.00 | ||
| Nov 14, 2014 | $0.00 | ||
| Nov 21, 2014 | $0.00 | ||
| Nov 28, 2014 | $0.00 | ||
| Dec 5, 2014 | $0.00 | ||
| Dec 12, 2014 | $0.00 | ||
| Dec 19, 2014 | $0.00 | ||
| Dec 26, 2014 | $0.00 | ||
| Jan 2, 2015 | $0.00 | ||
| Jan 9, 2015 | $0.00 | ||
| Jan 16, 2015 | $0.00 | ||
| Jan 23, 2015 | $0.00 | ||
| Jan 30, 2015 | $2.35 | Nov 25, 2014 | $0.09 |
| Jan 26, 2015 | $2.26 | ||
| Feb 6, 2015 | $2.35 | Jan 26, 2015 | $0.68 |
| Mar 26, 2015 | $1.67 | ||
| Feb 13, 2015 | $2.35 | Mar 26, 2015 | $2.35 |
| Feb 20, 2015 | $2.35 | Mar 26, 2015 | $1.27 |
| Feb 27, 2015 | $2.35 | ||
| Mar 6, 2015 | $2.35 | ||
| Mar 13, 2015 | $2.35 | ||
| Mar 20, 2015 | $2.35 | ||
| Mar 27, 2015 | $2.35 | ||
| Apr 3, 2015 | $2.35 | ||
| Apr 10, 2015 | $2.35 | ||
| Apr 17, 2015 | $2.35 | ||
| Apr 24, 2015 | $2.35 | ||
| May 1, 2015 | $2.35 | ||
| May 8, 2015 | $2.35 | ||
| May 15, 2015 | $2.35 | ||
| May 22, 2015 | $2.35 | ||
| May 29, 2015 | $2.35 | ||
| Jun 5, 2015 | $2.35 | ||
| Jun 12, 2015 | $2.35 | ||
| Jun 19, 2015 | $2.35 | ||
| Jun 26, 2015 | $2.35 | ||
| Jul 3, 2015 | $2.35 | ||
| Jul 10, 2015 | $2.35 | ||
| Jul 17, 2015 | $2.35 | ||
| Jul 24, 2015 | $2.35 | ||
| Jul 31, 2015 | $8.36 | ||
Ask Christine a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.