Invest in new arrivals of ladies' handbags and clutch bags
Elizabeth
Kayole, Kenya
100% repaid
Entrepreneur
Name
Elizabeth
Member since
February 2014
On-time repayments
39 installments • 62%
About Me
My Name is Elizabeth Wavinya, a graduate with a degree in community development by profession.I am also a professional sallonist who owns and runs a beauty parlor.I train and employ youth on matters concerning beauty and saloon.So far i have trained more than 100 and i have 10 whom i have employed in my beauty parlor.I wish to use this platform to get finances to expand my training facilities and create employment for the youth.My MAIN DRIVE IS TO HELP CREATE EMPLOYMENT FOR THE YOUTH AND ALSO TRAIN THEM ON HOW TO BECOME SELF-EMPLOYED SINCE JOB OPPORTUNITIES HAVE BECOME SCARCE.YOUR PLATFORM WILL BE OF SUCH A GREAT HELP TO ME .THANKS.
My Business
I run two businesses offline, a beauty parlor whereby i train the youth on matters of beauty and salon .I also run a boutique where by i have specialized on selling ladies and children clothes.On a monthly basis, the businesses generates an income of 500 USD after deducting all expenses.This is after i have paid my employees and all other expenses attached to it.I have created employment for about 10 young people who assist me on the beauty parlor and the boutique. I have helped 10 youth among the ones i have trained to start their own salons.
I intend to use the money to expand my training facilities that i may train more youth, and also to add some stock on my boutique.In addition i will also create more job opportunities for the youth.Also to help others begin theirs businesses.
Thank you.
Loan Proposal
I intend to use the money from this loan to invest on the new arrivals of lady handbags which are the darling of every lady in town of late.The arrivals are from our neighboring country UGANDA which is famous for offering handbags and lady clothes at great prices for business people.
I will stock those new arrivals intending to be the first person to bring them to Kenya for the first time,thus acting as the supplier for the other retailers.As a result am very positive of making a great profit to repay my loan
Feedback
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$94.00
Date disbursed
Apr 27, 2015
Repayment status
On Time
Projected term
4 months
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Summary
Amount repaid
$98.83
Amount remaining
$0.00
Date repaid
Aug 13, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 10, 2015 | $5.49 | May 10, 2015 | $5.49 |
| May 17, 2015 | $5.49 | May 10, 2015 | $0.07 |
| May 24, 2015 | $5.42 | ||
| May 24, 2015 | $5.49 | May 24, 2015 | $5.49 |
| May 31, 2015 | $5.49 | May 24, 2015 | $0.20 |
| Jun 7, 2015 | $5.29 | ||
| Jun 7, 2015 | $5.49 | Jun 7, 2015 | $5.49 |
| Jun 14, 2015 | $5.49 | Jun 7, 2015 | $0.33 |
| Jun 23, 2015 | $5.16 | ||
| Jun 21, 2015 | $5.49 | Jun 23, 2015 | $5.49 |
| Jun 28, 2015 | $5.49 | Jun 23, 2015 | $0.47 |
| Jul 21, 2015 | $5.02 | ||
| Jul 5, 2015 | $5.49 | Jul 21, 2015 | $5.49 |
| Jul 12, 2015 | $5.49 | Jul 21, 2015 | $5.49 |
| Jul 19, 2015 | $5.49 | Jul 21, 2015 | $2.89 |
| Aug 9, 2015 | $2.60 | ||
| Jul 26, 2015 | $5.49 | Aug 9, 2015 | $5.49 |
| Aug 2, 2015 | $5.49 | Aug 9, 2015 | $5.49 |
| Aug 9, 2015 | $5.49 | Aug 9, 2015 | $5.49 |
| Aug 16, 2015 | $5.49 | Aug 9, 2015 | $2.60 |
| Aug 13, 2015 | $2.89 | ||
| Aug 23, 2015 | $5.49 | Aug 13, 2015 | $5.49 |
| Aug 30, 2015 | $5.49 | Aug 13, 2015 | $5.49 |
| Sep 6, 2015 | $5.52 | Aug 13, 2015 | $5.52 |
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