Boost stock of secondhand ladies' clothing
Godfrey
Kakamega Joyland, Kenya
100% repaid
Entrepreneur
Name
Godfrey
Member since
May 2014
On-time repayments
258 installments • 90%
About Me
I am a young Kenyan Male residing in Kakamega Town. I am a graduate of Egerton and Jomo kenyatta University and have worked as a banker for the last 9 years with Barclays bank of Kenya and later Equity bank. I have passion for business and i do engage in supplies of general office equipment and commercial poultry farming. I do also engage in the sale of second hand clothes on a small scale. I have learned to get determined in whatever income generating activity that i engage in and hence this has made me succeed in most cases.
My Business
I engage in commercial farming and freelance academic consultancy where i am an academic research assistant on various topics. This is my key economic activity that sustains my upkeep. Currently i have started the poultry farming and second hand clothes business and i wish to expand it to a level where i can manage my costs and expenses well while i retain profits. This is a promising business because i have done it for over nine months and i feel it has the greatest potential if i expand it. my current stock is about $4000 and i am seeking $960 so that i may boost my stock by adding 5 bales of ladies clothes so as to serve more customers. The first bale that i was funded here did well and now i have a bigger market. It enabled me to pay my loan well without any difficulty.. This is my second loan and i hope to add more because i have already created demand.
Loan Proposal
I engage in commercial farming and freelance academic consultancy where i am an academic research assistant on various topics. This is my key economic activity that sustains my upkeep. Currently i have started the poultry farming and second hand clothes business and i wish to expand it to a level where i can manage my costs and expenses well while i retain profits. This is a promising business because i have done it for over nine months and i feel it has the greatest potential if i expand it. my current stock is about $1200 and i am seeking $270 so that i may boost my stock by adding 5 bales of ladies clothes so as to serve more customers. The first bale that i was funded here did well and now i have a bigger market. It enabled me to pay my loan well without any difficulty.. This is my second loan and i hope to add more because i have already created demand.
Feedback
Positive
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Neutral
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Negative
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Loan Info
Project Type
Classic Loan
Disbursed amount
$391.00
Date disbursed
Feb 9, 2016
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
United States
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Summary
Amount repaid
$411.60
Amount remaining
$0.00
Date repaid
Sep 16, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 18, 2016 | $30.00 | Feb 24, 2016 | $30.00 |
| Feb 25, 2016 | $15.00 | Feb 25, 2016 | $15.00 |
| Mar 3, 2016 | $15.00 | Mar 18, 2016 | $15.00 |
| Mar 10, 2016 | $5.00 | Mar 18, 2016 | $5.00 |
| Mar 17, 2016 | $0.00 | ||
| Mar 24, 2016 | $10.00 | Mar 24, 2016 | $10.00 |
| Mar 31, 2016 | $10.00 | Apr 4, 2016 | $10.00 |
| Apr 7, 2016 | $10.00 | Apr 6, 2016 | $10.00 |
| Apr 14, 2016 | $10.00 | Apr 19, 2016 | $10.00 |
| Apr 21, 2016 | $10.00 | Apr 29, 2016 | $8.00 |
| May 1, 2016 | $2.00 | ||
| Apr 28, 2016 | $10.00 | May 1, 2016 | $10.00 |
| May 5, 2016 | $10.00 | May 4, 2016 | $10.00 |
| May 12, 2016 | $10.00 | May 23, 2016 | $10.00 |
| May 19, 2016 | $0.00 | ||
| May 26, 2016 | $3.00 | May 31, 2016 | $3.00 |
| Jun 2, 2016 | $3.00 | May 31, 2016 | $2.00 |
| Jun 8, 2016 | $1.00 | ||
| Jun 9, 2016 | $3.00 | Jun 8, 2016 | $3.00 |
| Jun 16, 2016 | $3.00 | Jun 15, 2016 | $3.00 |
| Jun 23, 2016 | $3.00 | Jun 15, 2016 | $2.00 |
| Jun 24, 2016 | $1.00 | ||
| Jun 30, 2016 | $2.00 | Jun 24, 2016 | $2.00 |
| Jul 7, 2016 | $10.00 | Jun 30, 2016 | $5.00 |
| Jul 4, 2016 | $5.00 | ||
| Jul 14, 2016 | $5.00 | Jul 4, 2016 | $5.00 |
| Jul 21, 2016 | $5.00 | Jul 26, 2016 | $5.00 |
| Jul 28, 2016 | $5.00 | Jul 28, 2016 | $5.00 |
| Aug 4, 2016 | $5.00 | Aug 3, 2016 | $5.00 |
| Aug 11, 2016 | $5.00 | Aug 11, 2016 | $5.00 |
| Aug 18, 2016 | $5.00 | Aug 19, 2016 | $5.00 |
| Aug 25, 2016 | $5.00 | Aug 26, 2016 | $5.00 |
| Sep 1, 2016 | $50.00 | Sep 12, 2016 | $50.00 |
| Sep 8, 2016 | $40.00 | Sep 12, 2016 | $40.00 |
| Sep 15, 2016 | $30.00 | Sep 16, 2016 | $30.00 |
| Sep 22, 2016 | $30.00 | Sep 16, 2016 | $30.00 |
| Sep 29, 2016 | $54.60 | Sep 16, 2016 | $54.60 |
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