Inventory of new clothes for my fashion shop
Gloria
Kabarak, Kenya
11% repaid
Entrepreneur
Name
Gloria
Member since
December 2014
On-time repayments
111 installments • 7%
About Me
My name is Gloria Cherop, married with two kids. I am 28 years old now and first born in a family of four. I am a teacher and business lady doing business in Eldama Ravine town.
I studied teaching at Mosoriot Teachers college and currently employed as a PTA teacher at Tulwap Moi primary school where I teach science and social studies.
My income as a teacher is low owing to the fact that I have not been formally employed by the Teachers Service Commission. To supplement this, my husband and I established a fashion shop in Eldama Ravine town where we sell most types of clothes.
My hobbies are traveling with family, adventure and reading inspirational books
My Business
As a family, we own a fashion shop located in Eldama Ravine town. The town has a good population and thus great potential.
We sell all kinds of ready made clothing- men, ladies and children wear. During this festive period, the demand for clothes has been high and like to replenish the stock while introducing new ones.
The business has been very important in sustaining our family and have plans to improve by reaching more customers with new products.
Loan Proposal
I would like to expand my business by reaching new customers with new products. I am therefore planning to invest the loan on new clothes as adding inventory for the existing types.
I will therefore use $80 on new clothes and the remaining $20 on transport to and from Nairobi where I acquire new clothes on wholesale.
Increasing the inventory will increase profits by about 20% which will go to repaying the loan and saving for other investments in future.
Feedback
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jan 1, 2015
Repayment status
Late
Projected term
25 months
Lenders
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Summary
Amount repaid
$13.48
Amount remaining
$107.93
Expected completion
Feb 19, 2017
Status
Repaying late
Installment amount
$1.12
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 11, 2015 | $2.25 | Jan 11, 2015 | $1.12 |
| Jan 18, 2015 | $1.12 | ||
| Jan 18, 2015 | $0.00 | ||
| Jan 25, 2015 | $1.12 | Jan 29, 2015 | $1.12 |
| Feb 1, 2015 | $1.12 | Feb 1, 2015 | $1.12 |
| Feb 8, 2015 | $1.12 | Feb 15, 2015 | $1.12 |
| Feb 15, 2015 | $1.12 | Feb 15, 2015 | $1.12 |
| Feb 22, 2015 | $1.12 | Feb 22, 2015 | $1.12 |
| Mar 1, 2015 | $1.12 | Mar 1, 2015 | $1.12 |
| Mar 8, 2015 | $1.12 | Mar 8, 2015 | $1.12 |
| Mar 15, 2015 | $1.12 | Mar 27, 2015 | $1.12 |
| Mar 22, 2015 | $1.12 | Apr 11, 2015 | $1.12 |
| Mar 29, 2015 | $1.12 | Apr 19, 2015 | $1.12 |
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $0.00 | ||
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $1.12 | ||
| May 3, 2015 | $1.12 | ||
| May 10, 2015 | $1.12 | ||
| May 17, 2015 | $1.12 | ||
| May 24, 2015 | $1.12 | ||
| May 31, 2015 | $1.12 | ||
| Jun 7, 2015 | $1.12 | ||
| Jun 14, 2015 | $1.12 | ||
| Jun 21, 2015 | $1.12 | ||
| Jun 28, 2015 | $1.12 | ||
| Jul 5, 2015 | $1.12 | ||
| Jul 12, 2015 | $1.12 | ||
| Jul 19, 2015 | $1.12 | ||
| Jul 26, 2015 | $1.12 | ||
| Aug 2, 2015 | $1.12 | ||
| Aug 9, 2015 | $1.12 | ||
| Aug 16, 2015 | $1.12 | ||
| Aug 23, 2015 | $1.12 | ||
| Aug 30, 2015 | $1.12 | ||
| Sep 6, 2015 | $1.12 | ||
| Sep 13, 2015 | $1.12 | ||
| Sep 20, 2015 | $1.12 | ||
| Sep 27, 2015 | $1.12 | ||
| Oct 4, 2015 | $1.12 | ||
| Oct 11, 2015 | $1.12 | ||
| Oct 18, 2015 | $1.12 | ||
| Oct 25, 2015 | $1.12 | ||
| Nov 1, 2015 | $1.12 | ||
| Nov 8, 2015 | $1.12 | ||
| Nov 15, 2015 | $1.12 | ||
| Nov 22, 2015 | $1.12 | ||
| Nov 29, 2015 | $1.12 | ||
| Dec 6, 2015 | $1.12 | ||
| Dec 13, 2015 | $1.12 | ||
| Dec 20, 2015 | $1.12 | ||
| Dec 27, 2015 | $1.12 | ||
| Jan 3, 2016 | $1.12 | ||
| Jan 10, 2016 | $1.12 | ||
| Jan 17, 2016 | $1.12 | ||
| Jan 24, 2016 | $1.12 | ||
| Jan 31, 2016 | $1.12 | ||
| Feb 7, 2016 | $1.12 | ||
| Feb 14, 2016 | $1.12 | ||
| Feb 21, 2016 | $1.12 | ||
| Feb 28, 2016 | $1.12 | ||
| Mar 6, 2016 | $1.12 | ||
| Mar 13, 2016 | $1.12 | ||
| Mar 20, 2016 | $1.12 | ||
| Mar 27, 2016 | $1.12 | ||
| Apr 3, 2016 | $1.12 | ||
| Apr 10, 2016 | $1.12 | ||
| Apr 17, 2016 | $1.12 | ||
| Apr 24, 2016 | $1.12 | ||
| May 1, 2016 | $1.12 | ||
| May 8, 2016 | $1.12 | ||
| May 15, 2016 | $1.12 | ||
| May 22, 2016 | $1.12 | ||
| May 29, 2016 | $1.12 | ||
| Jun 5, 2016 | $1.12 | ||
| Jun 12, 2016 | $1.12 | ||
| Jun 19, 2016 | $1.12 | ||
| Jun 26, 2016 | $1.12 | ||
| Jul 3, 2016 | $1.12 | ||
| Jul 10, 2016 | $1.12 | ||
| Jul 17, 2016 | $1.12 | ||
| Jul 24, 2016 | $1.12 | ||
| Jul 31, 2016 | $1.12 | ||
| Aug 7, 2016 | $1.12 | ||
| Aug 14, 2016 | $1.12 | ||
| Aug 21, 2016 | $1.12 | ||
| Aug 28, 2016 | $1.12 | ||
| Sep 4, 2016 | $1.12 | ||
| Sep 11, 2016 | $1.12 | ||
| Sep 18, 2016 | $1.12 | ||
| Sep 25, 2016 | $1.12 | ||
| Oct 2, 2016 | $1.12 | ||
| Oct 9, 2016 | $1.12 | ||
| Oct 16, 2016 | $1.12 | ||
| Oct 23, 2016 | $1.12 | ||
| Oct 30, 2016 | $1.12 | ||
| Nov 6, 2016 | $1.12 | ||
| Nov 13, 2016 | $1.12 | ||
| Nov 20, 2016 | $1.12 | ||
| Nov 27, 2016 | $1.12 | ||
| Dec 4, 2016 | $1.12 | ||
| Dec 11, 2016 | $1.12 | ||
| Dec 18, 2016 | $1.12 | ||
| Dec 25, 2016 | $1.12 | ||
| Jan 1, 2017 | $1.12 | ||
| Jan 8, 2017 | $1.12 | ||
| Jan 15, 2017 | $1.12 | ||
| Jan 22, 2017 | $1.12 | ||
| Jan 29, 2017 | $1.12 | ||
| Feb 5, 2017 | $1.12 | ||
| Feb 12, 2017 | $1.12 | ||
| Feb 19, 2017 | $1.19 | ||
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