Inventory of new clothes for my fashion shop
Scholar
Nakuru, Kenya
5% repaid
Entrepreneur
Name
Scholar
Member since
January 2015
On-time repayments
124 installments • 3%
About Me
My name is Schollar Chepkoech Rotich. I am married and blessed with two boys Ben and Gilbert aged 4 years and 8 months respectively. I am currently 28 years old and a third born in a family of five.
I was born in Njoro in Nakuru county and moved to Baruti village after I got married and this is where we currently reside. Due to financial constraints, I could not study beyond form four.
I have a fashion shop in Kaptembwo estate where I sell ready made clothes and shoes especially for ladies and kids.
My hobbies are adventure, watching TV and reading inspirational articles.
My Business
I own and ran a fashion shop at Kaptembwo estate in the outskirts of Nakuru town located just opposite Mother Kevin academy and this is where I spend most of the time. The business is good and has supported us all along.
I sell mostly ready made ladies and children wear- both clothes and shoes.
The business has been very important in sustaining our family and have plans to improve by reaching more customers with new product especially new year.
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 well as adding inventory for the existing types.
I will therefore use $80 on new clothes and the remaining $20 on transport to and from Eastleigh- Nairobi where I acquire new clothes on wholesale.
Increasing the inventory will increase profits by about 30% which will go to repaying the loan and saving for other investments in future.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 3, 2015
Repayment status
Late
Projected term
28 months
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
Summary
Amount repaid
$6.67
Amount remaining
$127.47
Expected completion
Jun 25, 2017
Status
Repaying late
Installment amount
$1.11
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 15, 2015 | $1.11 | Feb 18, 2015 | $1.11 |
| Feb 22, 2015 | $1.11 | Feb 27, 2015 | $1.11 |
| Mar 1, 2015 | $1.11 | Mar 6, 2015 | $1.11 |
| Mar 8, 2015 | $1.11 | Mar 15, 2015 | $1.11 |
| Mar 15, 2015 | $1.11 | Apr 10, 2015 | $1.11 |
| Mar 22, 2015 | $1.11 | Apr 19, 2015 | $1.11 |
| Mar 29, 2015 | $0.00 | ||
| Apr 5, 2015 | $0.00 | ||
| Apr 12, 2015 | $0.00 | ||
| Apr 19, 2015 | $0.00 | ||
| Apr 26, 2015 | $1.11 | ||
| May 3, 2015 | $1.11 | ||
| May 10, 2015 | $1.11 | ||
| May 17, 2015 | $1.11 | ||
| May 24, 2015 | $1.11 | ||
| May 31, 2015 | $1.11 | ||
| Jun 7, 2015 | $1.11 | ||
| Jun 14, 2015 | $1.11 | ||
| Jun 21, 2015 | $1.11 | ||
| Jun 28, 2015 | $1.11 | ||
| Jul 5, 2015 | $1.11 | ||
| Jul 12, 2015 | $1.11 | ||
| Jul 19, 2015 | $1.11 | ||
| Jul 26, 2015 | $1.11 | ||
| Aug 2, 2015 | $1.11 | ||
| Aug 9, 2015 | $1.11 | ||
| Aug 16, 2015 | $1.11 | ||
| Aug 23, 2015 | $1.11 | ||
| Aug 30, 2015 | $1.11 | ||
| Sep 6, 2015 | $1.11 | ||
| Sep 13, 2015 | $1.11 | ||
| Sep 20, 2015 | $1.11 | ||
| Sep 27, 2015 | $1.11 | ||
| Oct 4, 2015 | $1.11 | ||
| Oct 11, 2015 | $1.11 | ||
| Oct 18, 2015 | $1.11 | ||
| Oct 25, 2015 | $1.11 | ||
| Nov 1, 2015 | $1.11 | ||
| Nov 8, 2015 | $1.11 | ||
| Nov 15, 2015 | $1.11 | ||
| Nov 22, 2015 | $1.11 | ||
| Nov 29, 2015 | $1.11 | ||
| Dec 6, 2015 | $1.11 | ||
| Dec 13, 2015 | $1.11 | ||
| Dec 20, 2015 | $1.11 | ||
| Dec 27, 2015 | $1.11 | ||
| Jan 3, 2016 | $1.11 | ||
| Jan 10, 2016 | $1.11 | ||
| Jan 17, 2016 | $1.11 | ||
| Jan 24, 2016 | $1.11 | ||
| Jan 31, 2016 | $1.11 | ||
| Feb 7, 2016 | $1.11 | ||
| Feb 14, 2016 | $1.11 | ||
| Feb 21, 2016 | $1.11 | ||
| Feb 28, 2016 | $1.11 | ||
| Mar 6, 2016 | $1.11 | ||
| Mar 13, 2016 | $1.11 | ||
| Mar 20, 2016 | $1.11 | ||
| Mar 27, 2016 | $1.11 | ||
| Apr 3, 2016 | $1.11 | ||
| Apr 10, 2016 | $1.11 | ||
| Apr 17, 2016 | $1.11 | ||
| Apr 24, 2016 | $1.11 | ||
| May 1, 2016 | $1.11 | ||
| May 8, 2016 | $1.11 | ||
| May 15, 2016 | $1.11 | ||
| May 22, 2016 | $1.11 | ||
| May 29, 2016 | $1.11 | ||
| Jun 5, 2016 | $1.11 | ||
| Jun 12, 2016 | $1.11 | ||
| Jun 19, 2016 | $1.11 | ||
| Jun 26, 2016 | $1.11 | ||
| Jul 3, 2016 | $1.11 | ||
| Jul 10, 2016 | $1.11 | ||
| Jul 17, 2016 | $1.11 | ||
| Jul 24, 2016 | $1.11 | ||
| Jul 31, 2016 | $1.11 | ||
| Aug 7, 2016 | $1.11 | ||
| Aug 14, 2016 | $1.11 | ||
| Aug 21, 2016 | $1.11 | ||
| Aug 28, 2016 | $1.11 | ||
| Sep 4, 2016 | $1.11 | ||
| Sep 11, 2016 | $1.11 | ||
| Sep 18, 2016 | $1.11 | ||
| Sep 25, 2016 | $1.11 | ||
| Oct 2, 2016 | $1.11 | ||
| Oct 9, 2016 | $1.11 | ||
| Oct 16, 2016 | $1.11 | ||
| Oct 23, 2016 | $1.11 | ||
| Oct 30, 2016 | $1.11 | ||
| Nov 6, 2016 | $1.11 | ||
| Nov 13, 2016 | $1.11 | ||
| Nov 20, 2016 | $1.11 | ||
| Nov 27, 2016 | $1.11 | ||
| Dec 4, 2016 | $1.11 | ||
| Dec 11, 2016 | $1.11 | ||
| Dec 18, 2016 | $1.11 | ||
| Dec 25, 2016 | $1.11 | ||
| Jan 1, 2017 | $1.11 | ||
| Jan 8, 2017 | $1.11 | ||
| Jan 15, 2017 | $1.11 | ||
| Jan 22, 2017 | $1.11 | ||
| Jan 29, 2017 | $1.11 | ||
| Feb 5, 2017 | $1.11 | ||
| Feb 12, 2017 | $1.11 | ||
| Feb 19, 2017 | $1.11 | ||
| Feb 26, 2017 | $1.11 | ||
| Mar 5, 2017 | $1.11 | ||
| Mar 12, 2017 | $1.11 | ||
| Mar 19, 2017 | $1.11 | ||
| Mar 26, 2017 | $1.11 | ||
| Apr 2, 2017 | $1.11 | ||
| Apr 9, 2017 | $1.11 | ||
| Apr 16, 2017 | $1.11 | ||
| Apr 23, 2017 | $1.11 | ||
| Apr 30, 2017 | $1.11 | ||
| May 7, 2017 | $1.11 | ||
| May 14, 2017 | $1.11 | ||
| May 21, 2017 | $1.11 | ||
| May 28, 2017 | $1.11 | ||
| Jun 4, 2017 | $1.11 | ||
| Jun 11, 2017 | $1.11 | ||
| Jun 18, 2017 | $1.11 | ||
| Jun 25, 2017 | $1.91 | ||
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