Increase inventory for my clothing & accessories business

Loise

Kiambu, Kenya

100% repaid

Entrepreneur

Name

Loise

Member since

July 2017

On-time repayments

27 installments  •  15%

About Me

Graduated with a bacheors in finance.working towards expanding my business. With the high rate of cost of living and unemploment in Kenya it goes with out saying that one has to be innovative to be able to survive. Getting capital for the business ,especially a start up is challenging.

My Business

I have a coffee shop. Equipped with a high-quality espresso machine. However, the biggest challenge is working capital especially now with the pandemic.

Loan Proposal

Increasing the inventory will allow me to make more sales per day. The loan will also assist me in adding new trending designs making them more marketable and giving me a good profit margin.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$41.00

Date disbursed

Sep 10, 2017

Repayment status

On Time

Projected term

2 months

Lenders

A

amish

San Francisco, United States

mepster

San Francisco, Ca, United States

M

mbarbier

United States

MW

Matt Willis

United States

W

Wade

United States

Max Lettenberger

Madison, WI, United States

Mouhamed

United States

N

Nick

Greater London, United Kingdom

DK

Danny Kelly

United States

RC

Rudi Chen

United States

Sinan Taifour

Munich, Germany, Germany

RE

Richard Ellis

United Kingdom

Ren

Minneapolis/StPaul, United States

R

RMIM

United States

F

Florian

Netherlands

Mark Rowlatt

Peterborough, UK, United Kingdom

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  • Loise    Aug 31, 2022

    Thank you Christine for the funding. This will go a long way in improving services at our adorable cafe

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  • Loise    Aug 31, 2022

    Payment of utilities was done. We We were able to upgrade our wifi. Now we have become an ideal spot for digital nomads working and holidaying in Kenya.

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  • Loise    Jul 5, 2022

    Thank you Hans and Martin for funding my project. The loan will go towards paying utilities to keep the business running.

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  • Loise    Feb 26, 2018

    Opening my restaurant business next month. It has always been my dream and am so glad its coming along. The journey has not been easy but with commitment and sacrifice am glad am where i am

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  • Loise    Jan 2, 2018

    The business has really grown. Started the new year on the right track by getting a store in the CBD. Am so happy with the progress

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  • Loise    Jan 2, 2018

    Used the previous loan to add more stock, margins have gone up. Appreciating all my lenders. Thank you all and happy 2018

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  • Loise    Nov 3, 2017

    I would like to change my limit because I have been closed for a while due to health issues but now am back

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  • Loise    Sep 6, 2017

    Thank you so much for the funding guys. I will use the loan to add to my capital and import some new designs that will help grow my business.

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  • Loise    Aug 25, 2017

    The loan was helpful.steady growth of the business despite the challenges experinced this month due to the general elections period unrest. Things have gone back to normal now and am able to repay my loan. So glad and thankful to my lender

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