Elizabeth

Nakuru, Kenya

0% repaid

Entrepreneur

Name

Elizabeth

Member since

May 2013

On-time repayments

26 installments  •  4%

About Me

my name is Elizabeth Wambui Muchangi and a resident of Kiti estate of Nakuru town.am a graduate of bachelor in commerce and not married. after completing my education and searching for a white collar job with no success l opted for self employment so as to earn a living.l started first by selling clothes to my friends and neighbors. at first l did it as a mobile as l would visit my friends in their places of work and at home so as to sell to them but later l managed to open a store in town where l am located to date.l use the income from the business to support my siblings who are still in school and save the other so that l can enroll for masters degree.

My Business

l have a boutique shop here in nakuru town where am located along the kenyatta avenue.l sell mostly ladies suits and men suit and assorted handbags and office wear shoes.this is because the profit margin of these clothes is big. l get the stock from kampala and at times in Nairobi depending on the trend.l make ks 20,000 as net profit and after deducting all the expenses. l also ensure my prices are very competitive so as to retain and attract new customers as the competition is very high here in town.at times l do offer discount to my customers so as to retain them.if advanced with the loan l will add more stock to the business.

Loan Proposal

i will use the loan to restock my shop and also put up some more shelves in my shop and also do some renovations that will enable my shop to attract more customers.i will also use the loan to invest in rearing chicken for meat because it is a booming business back here in Kenya. the remaining amount will be used for my school fees

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$175.00

Date disbursed

Sep 25, 2013

Repayment status

Late

Projected term

24 months

Other loans

Lenders

F

Fabrizio

Grottaferrata, Italy

J

jjonas

berlin, Germany

Pierfausto

Rome, Italy

R

randy98109

Seattle, United States

M

mtaylor

Houston, United States

Bobrm2k3

Charleston, United States

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Summary

Amount repaid

$0.11

Amount remaining

$436.55

Expected completion

Oct 15, 2015

Status

Repaying late

Installment amount

$18.20

Repayment History

Expected Payments Actual Payments
Nov 14, 2013 $18.20 Oct 1, 2023 $0.11
Dec 14, 2013 $18.20
Jan 14, 2014 $18.20
Feb 14, 2014 $18.20
Mar 15, 2014 $18.20
Apr 15, 2014 $18.20
May 15, 2014 $18.20
Jun 15, 2014 $18.20
Jul 15, 2014 $18.20
Aug 15, 2014 $18.20
Sep 15, 2014 $18.20
Oct 15, 2014 $18.20
Nov 14, 2014 $18.20
Dec 14, 2014 $18.20
Jan 14, 2015 $18.20
Feb 14, 2015 $18.20
Mar 15, 2015 $18.20
Apr 15, 2015 $18.20
May 15, 2015 $18.20
Jun 15, 2015 $18.20
Jul 15, 2015 $18.20
Aug 15, 2015 $18.20
Sep 15, 2015 $18.20
Oct 15, 2015 $18.17

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