Loan for inventory and to renovate my workshop

Jones

Mtwapa, Kenya

100% repaid

Entrepreneur

Name

Jones

Member since

February 2016

On-time repayments

274 installments  •  57%

About Me

My names are Jones Mwang'ombe. I was born in Mwatate, which is a location in Taita taveta county in the Coast province in Kenya. Went to primary and later secondary school still in the village. Being the first born in a family of seven children, life was not easy. Sometimes l could be forced to stay out of school and help my parents cultivate our neighbors gardens so as to put food on the table. Despite the up's and downs, l managed to complete my studies. On completing school, my Uncle came with me to the city where he resided. He helped me enroll to a college named MOMBASA INDUSTRIAL TRAINING CENTRE -(MITC) where l studied Fashions & Designs. On completion, l came out armed with my certificate at hand. I hustled for about two months, then l got a casual job in one of the restaurants around. I started saving on a serious note bearing in mind my background. On the second year, l managed to buy a second-hand manual sewing machine which l used to stitch clothes during my off days and part times. l felt good because l was earning something from what l studied. After working for three consecutive years, l felt it was time to quit. I went around, identified the shop and after considering all the factors, went ahead and started my business. On Sundays after church, my wife, three daughters and I do go to the beach and enjoy God's blessing on our land. This Indian ocean made our people develop a calture of resting on shore every Sunday. My first born 13 years now aspires to be a journalist. A tv anchor to be precise. My second born wants to join the millitary when she grow and the third one wants to be a Hostess in one of the airlines.
I'm a football lover. I do play soccer with a local team. When l get some free time, l do watch gospel songs on tv and even football matches on various leagues worldwide.

My Business

I do design , stitch and sell new clothes. On this civilised world, clothes are very important because NO human being can live without hence making this kind of business stay on demand always. I chose this business whole heartedly because I do feel previlaged to making people look smart and as well stay on the latest and trending fashions. Our prices are always reasonable and also affordable to all classes because there is a choice for everyone. A blouse & skirt can go for 2000 KES and a shirt & trouser for 2500 KES. During the high season months ( April, August and December) l do have good profit whereby l pay school fees for my children and even put some boosting to the business.

Loan Proposal

My Lenders,
I believe my clients are among the most important aspect in my business. By putting comfortable chairs or a sofa to so on as they wait to be served, I'm sure they feel more welcomed and in return get more clients or more work from the ones I already have.
I intend to use the loan as follows:-
700 dollars will be used to buy more fabrics and threads,
250 dollars will be for the sofa/chair and paints to apply on the wall.
50 remaining dollars will be for transporting everything.
I kindly request for your support and may our Good Lord bless and give you good health as you prepare to fund me.

Feedback

3

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,001.00

Date disbursed

Mar 17, 2017

Repayment status

On Time

Projected term

16 months

Lenders

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

PR

Paul Rausch

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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  • Jones    Aug 9, 2021

    Things are still very low my Lenders.

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  • Jones    Aug 9, 2021

    My dear Lenders, my situation in business is still very low.

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  • Jones    Mar 29, 2021

    My dear Lenders, situation still at its lowest. Please, let me remain with the reduced installment.

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  • Jones    Feb 25, 2021

    My Dear Lenders, I know to have disappointed you, I'm very sorry. Things are still tight on my side financially.

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  • Elisha    Jan 17, 2021

    jonas has an issue, he has to settle and start repaying loans.

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  • Jones    Jan 4, 2021

    My Lenders, Happy New Year to you. I'm stuck. While rescheduling my payments,I wrongly typed the figure to almost Kes 5000. Please help me out on what to do to rectify this.

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  • Jones    Dec 1, 2020

    My Lenders, things are still very low businesswise.

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  • Erick    Dec 1, 2020

    I tried to contact Jones but I was not able to reach him, I spoke with one of his references and he promised to help me contact him, once I speak with him I will give an update.

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    • Jones    Jan 16, 2021

      Sorry Mr Erick Momanyi if you tried and was unable to reach me. My phone is always ON , so I don't know. Thanks so much for checking on me all the same.

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  • Jones    Oct 5, 2020

    My Lenders, the business is not doing that good still.

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  • Timothy    Sep 8, 2020

    I contacted Jones and he promised to adjust the installments and make repayment next month.

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  • Jones    Jul 28, 2020

    My dear Lenders, my prayer that you are all safe. The business is still not in good shape. Covid 19 effects still on. We believe in overcoming.

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  • Jones    Jun 8, 2020

    My Lenders, the business is very low.

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  • Jones    Apr 30, 2020

    My Lenders, my hope that you're safe wherever you are. Covid 19 pandemic shall disappear in Jesus' name, Amen.

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  • Jones    Mar 3, 2020

    My Lenders, my prayer that you're quite fine. I'll remain with the reduced installment for now. Business still very low.

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  • Jones    Jan 20, 2020

    My Dear Lenders, my business is very low at the moment. Please bear with me as I try to work things out.

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  • Jones    Dec 9, 2019

    My Lenders, though trying, things are still not going well on business. Pls, I ll remain with the reduced installment. God bless you.

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  • Jones    Oct 28, 2019

    My Lenders, hope you are doing fine. Things are not going well in my business, I still have to remain with the reduced installment.

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  • Jones    Sep 10, 2019

    My Lenders, hope you are all doing well. I feel that I've let you down on this loan. Things have been very hectic for me business wise. Please bear with me as I struggle to get on my feet. Many thanks.

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  • Jones    Jul 27, 2019

    My Dear Lenders,
    My hope that you are doing good. I'm sorry for the late repayments. We got a road accident whereby my wife broke her right leg. She has been in hospital for a month and a half, but I thank God she is now discharged. The business is very low but still holding on hoping for things to change. Many thanks and God bless you.

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  • Jones    Jul 6, 2019

    My Lenders things are still tight on my side. Struggling to put up things business wise.

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