Inventory of raw materials for sandals making

Vincent

Nyahururu, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Vincent

Member since

May 2015

On-time repayments

25 installments  •  0%

About Me

I am Vincent oyoke ,I grew up in Western (Busia Kenya) and schooled in western province till form four. Later moved to Nyahururu town where am running a sandals shop,where l make sandals and sell them to customers. My dreams is to become a prominent sandals supplier and a business magnate. I have been inspired a lot by my father who was also a business person and through his hard work, we were able to go through school and now we are self reliant.
The unique about the land l am living is their is a rift valley and waterfall
My hobbies are visiting new places and making new friends

My Business

I make ladies sandals of different sizes and designs and later sell to Nyahururu residents and surroundings.I decided to run this business because its what I know best and with ladies wear, you will never be let down. People buy on a daily basis and the income is good compared to other businesses.My biggest challenge is capital and raw materials. As a small business person, am not entitled to bank loans because we don't have enough collateral to secure bank loans. My customers are college student sand lectures. My future goal is to become a successful business person and be able to employ others. This is what am most proud of.

Loan Proposal

I will use the money in purchasing beads at a cost of $20,l will also purchase hard canvas at a cost of $60 and sewing threads at a cost of $20. I believe that this will drive increased revenue and profit from the sales. This therefore, will have a positive impact on my business at the individual, family and business levels.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 3, 2015

Repayment status

Late

Projected term

5 months

Lenders

A

Akowal

United States

MW

Matt Willis

United States

JD

Jeff DePree

United States

PG

Paul Graham

United States

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Summary

Amount repaid

$0.00

Amount remaining

$105.28

Expected completion

Nov 29, 2015

Status

Repaying late

Installment amount

$4.21

Repayment History

Expected Payments Actual Payments
Jun 14, 2015 $4.21
Jun 21, 2015 $4.21
Jun 28, 2015 $4.21
Jul 5, 2015 $4.21
Jul 12, 2015 $4.21
Jul 19, 2015 $4.21
Jul 26, 2015 $4.21
Aug 2, 2015 $4.21
Aug 9, 2015 $4.21
Aug 16, 2015 $4.21
Aug 23, 2015 $4.21
Aug 30, 2015 $4.21
Sep 6, 2015 $4.21
Sep 13, 2015 $4.21
Sep 20, 2015 $4.21
Sep 27, 2015 $4.21
Oct 4, 2015 $4.21
Oct 11, 2015 $4.21
Oct 18, 2015 $4.21
Oct 25, 2015 $4.21
Nov 1, 2015 $4.21
Nov 8, 2015 $4.21
Nov 15, 2015 $4.21
Nov 22, 2015 $4.21
Nov 29, 2015 $4.23

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