Ladies' and children's shoes for my shop

Nelly

Nairobi, Kenya

6% repaid

Entrepreneur

Name

Nelly

Member since

February 2014

On-time repayments

326 installments  •  8%

About Me

Am a kenyan lady aged 35. I live in umoja iii Estate in Nairobi. I studied at Bunyore Girls high school, later Kaimosi college for research and Technology. I have worked for various organisations here in Nairobi and currently I work at Creative village Africa ltd and also have a small cosmetic shop. i have two kids. one is 6 years old the other one is 3 and half years. Am married. My husband has his own business. He deals in car hire business. I would like to get a loan to boost the stock at my current cosmetic shop. This is because most of my customers keep giving me orders of more and more items that i have not yet stocked or some even request for already stocked items but in bulk which is currently overwhelming. i would be very greatful if i could get a loan. During my free time. i like going out and meeting new people.

My Business

I would like to take this opportunity to thank you for the hand you extended to me in my previous loan The $37 I received I used to purchase 10 pairs of ladies shoes at a cost of $3 dollars each and sold at $5. The small but humble profits I made I used to re-invest in the business and also settle a few bills in the business. The other cosmetics are also doing well especially the weaves which have a great turnover.
The greatest challenge I face right now is the size of the shop am operating in. It is quite small and displaying items in the shop is quite challenging. It always look congested. With this new loan which I greatly believe you will support me, I plan to move to a new premise next to where am operating. The new shop is a bit bigger and more spacious. I won’t suffer the risk of losing my clients since I can still see them come. I have already paid a downpayment of $50 and still need to pay another $50 before moving in. In Kenya you have to pay the deposit + rent before moving into a premise. I plan to divide this shop into 2 parts. To display cosmetics on one side and ladies and children shoes on the other side.
This is how I intend to use the loan:

Purchase 100 pairs of ladies shoes @ $3 each = $300. Re sell @ $5each
Purchase 100 pairs of children shoes @ $1each =$100. Re sell @ $3 each
Use $200 to increase stocks on lotions,weaves,creams,cutex,earings necklaces bangles which I purchase in downtown Nairobi at fair prices, later re sell in my shop at a profit.
I intend to use $50 to complete paying for the new premise so as to move in.
I will use $50 on transportation and other miscellenous expenses related to the business

I still work at Creative village Africa Ltd where I report every week day at 8am. I have reliable relative who takes care of my business when at work.
I plan to use part of my salary + my profits to repay the loan and promise never to disappoint.

Loan Proposal

I would like to take this opportunity to thank you for the hand you extended to me in my previous loan The $37 I received I used to purchase 10 pairs of ladies shoes at a cost of $3 dollars each and sold at $5. The small but humble profits I made I used to re-invest in the business and also settle a few bills in the business. The other cosmetics are also doing well especially the weaves which have a great turnover.
The greatest challenge I face right now is the size of the shop am operating in. It is quite small and displaying items in the shop is quite challenging. It always look congested. With this new loan which I greatly believe you will support me, I plan to move to a new premise next to where am operating. The new shop is a bit bigger and more spacious. I won’t suffer the risk of losing my clients since I can still see them come. I have already paid a downpayment of $50 and still need to pay another $50 before moving in. In Kenya you have to pay the deposit + rent before moving into a premise. I plan to divide this shop into 2 parts. To display cosmetics on one side and ladies and children shoes on the other side.
This is how I intend to use the loan:

Purchase 100 pairs of ladies shoes @ $3 each = $300. Re sell @ $5each
Purchase 100 pairs of children shoes @ $1each =$100. Re sell @ $3 each
Use $200 to increase stocks on lotions,weaves,creams,cutex,earings necklaces bangles which I purchase in downtown Nairobi at fair prices, later re sell in my shop at a profit.
I intend to use $50 to complete paying for the new premise so as to move in.
I will use $50 on transportation and other miscellenous expenses related to the business

I still work at Creative village Africa Ltd where I report every week day at 8am. I have reliable relative who takes care of my business when at work.
I plan to use part of my salary + my profits to repay the loan and promise never to disappoint.

Feedback

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None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$704.00

Date disbursed

Jun 17, 2014

Repayment status

Late

Projected term

73 months

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Summary

Amount repaid

$66.85

Amount remaining

$1,103.51

Expected completion

Jul 3, 2020

Status

Repaying late

Installment amount

$2.33

Repayment History

Expected Payments Actual Payments
Jun 27, 2014 $10.29 Jun 27, 2014 $10.29
Jul 4, 2014 $0.03 Jun 27, 2014 $0.03
Jul 11, 2014 $4.08 Jul 11, 2014 $4.08
Jul 18, 2014 $0.00
Jul 25, 2014 $0.00
Aug 1, 2014 $0.00
Aug 8, 2014 $4.15 Aug 25, 2014 $4.15
Aug 15, 2014 $0.50 Aug 25, 2014 $0.50
Aug 22, 2014 $0.00
Aug 29, 2014 $0.00
Sep 5, 2014 $0.00
Sep 12, 2014 $0.00
Sep 19, 2014 $0.00
Sep 26, 2014 $4.19 Oct 2, 2014 $4.19
Oct 3, 2014 $4.19 Oct 2, 2014 $1.63
Oct 11, 2014 $2.56
Oct 10, 2014 $4.19 Oct 11, 2014 $0.93
Nov 2, 2014 $2.56
Nov 7, 2014 $0.70
Oct 17, 2014 $3.60 Nov 7, 2014 $3.60
Oct 24, 2014 $0.00
Oct 31, 2014 $0.00
Nov 7, 2014 $0.00
Nov 14, 2014 $0.00
Nov 21, 2014 $0.00
Nov 28, 2014 $0.00
Dec 5, 2014 $2.33 Dec 5, 2014 $2.33
Dec 12, 2014 $2.33 Dec 12, 2014 $2.33
Dec 19, 2014 $2.33 Dec 26, 2014 $2.33
Dec 26, 2014 $2.33 Dec 26, 2014 $2.33
Jan 2, 2015 $2.33 Jan 10, 2015 $2.33
Jan 9, 2015 $2.33 Jan 18, 2015 $1.98
Feb 1, 2015 $0.35
Jan 16, 2015 $2.33 Feb 1, 2015 $1.98
Mar 1, 2015 $0.35
Jan 23, 2015 $2.33 Mar 1, 2015 $1.16
Mar 7, 2015 $1.16
Jan 30, 2015 $0.81 Mar 7, 2015 $0.81
Feb 6, 2015 $0.00
Feb 13, 2015 $0.00
Feb 20, 2015 $0.00
Feb 27, 2015 $0.00
Mar 6, 2015 $0.00
Mar 13, 2015 $0.00
Mar 20, 2015 $0.00
Mar 27, 2015 $0.00
Apr 3, 2015 $0.00
Apr 10, 2015 $0.00
Apr 17, 2015 $3.49 Apr 24, 2015 $3.49
Apr 24, 2015 $3.49 Apr 24, 2015 $2.33
May 1, 2015 $1.16
May 1, 2015 $3.49 May 1, 2015 $1.74
May 22, 2015 $1.74
May 8, 2015 $1.74 May 22, 2015 $1.74
May 15, 2015 $0.00
May 22, 2015 $0.00
May 29, 2015 $0.00
Jun 5, 2015 $0.00
Jun 12, 2015 $0.00
Jun 19, 2015 $0.00
Jun 26, 2015 $0.00
Jul 3, 2015 $0.00
Jul 10, 2015 $0.00
Jul 17, 2015 $2.33
Jul 24, 2015 $2.33
Jul 31, 2015 $2.33
Aug 7, 2015 $2.33
Aug 14, 2015 $2.33
Aug 21, 2015 $2.33
Aug 28, 2015 $2.33
Sep 4, 2015 $2.33
Sep 11, 2015 $2.33
Sep 18, 2015 $2.33
Sep 25, 2015 $2.33
Oct 2, 2015 $2.33
Oct 9, 2015 $2.33
Oct 16, 2015 $2.33
Oct 23, 2015 $2.33
Oct 30, 2015 $2.33
Nov 6, 2015 $2.33
Nov 13, 2015 $2.33
Nov 20, 2015 $2.33
Nov 27, 2015 $2.33
Dec 4, 2015 $2.33
Dec 11, 2015 $2.33
Dec 18, 2015 $2.33
Dec 25, 2015 $2.33
Jan 1, 2016 $2.33
Jan 8, 2016 $2.33
Jan 15, 2016 $2.33
Jan 22, 2016 $2.33
Jan 29, 2016 $2.33
Feb 5, 2016 $2.33
Feb 12, 2016 $2.33
Feb 19, 2016 $2.33
Feb 26, 2016 $2.33
Mar 4, 2016 $2.33
Mar 11, 2016 $2.33
Mar 18, 2016 $2.33
Mar 25, 2016 $2.33
Apr 1, 2016 $2.33
Apr 8, 2016 $2.33
Apr 15, 2016 $2.33
Apr 22, 2016 $2.33
Apr 29, 2016 $2.33
May 6, 2016 $2.33
May 13, 2016 $2.33
May 20, 2016 $2.33
May 27, 2016 $2.33
Jun 3, 2016 $2.33
Jun 10, 2016 $2.33
Jun 17, 2016 $2.33
Jun 24, 2016 $2.33
Jul 1, 2016 $2.33
Jul 8, 2016 $2.33
Jul 15, 2016 $2.33
Jul 22, 2016 $2.33
Jul 29, 2016 $2.33
Aug 5, 2016 $2.33
Aug 12, 2016 $2.33
Aug 19, 2016 $2.33
Aug 26, 2016 $2.33
Sep 2, 2016 $2.33
Sep 9, 2016 $2.33
Sep 16, 2016 $2.33
Sep 23, 2016 $2.33
Sep 30, 2016 $2.33
Oct 7, 2016 $2.33
Oct 14, 2016 $2.33
Oct 21, 2016 $2.33
Oct 28, 2016 $2.33
Nov 4, 2016 $2.33
Nov 11, 2016 $2.33
Nov 18, 2016 $2.33
Nov 25, 2016 $2.33
Dec 2, 2016 $2.33
Dec 9, 2016 $2.33
Dec 16, 2016 $2.33
Dec 23, 2016 $2.33
Dec 30, 2016 $2.33
Jan 6, 2017 $2.33
Jan 13, 2017 $2.33
Jan 20, 2017 $2.33
Jan 27, 2017 $2.33
Feb 3, 2017 $2.33
Feb 10, 2017 $2.33
Feb 17, 2017 $2.33
Feb 24, 2017 $2.33
Mar 3, 2017 $2.33
Mar 10, 2017 $2.33
Mar 17, 2017 $2.33
Mar 24, 2017 $2.33
Mar 31, 2017 $2.33
Apr 7, 2017 $2.33
Apr 14, 2017 $2.33
Apr 21, 2017 $2.33
Apr 28, 2017 $2.33
May 5, 2017 $2.33
May 12, 2017 $2.33
May 19, 2017 $2.33
May 26, 2017 $2.33
Jun 2, 2017 $2.33
Jun 9, 2017 $2.33
Jun 16, 2017 $2.33
Jun 23, 2017 $2.33
Jun 30, 2017 $2.33
Jul 7, 2017 $2.33
Jul 14, 2017 $2.33
Jul 21, 2017 $2.33
Jul 28, 2017 $2.33
Aug 4, 2017 $2.33
Aug 11, 2017 $2.33
Aug 18, 2017 $2.33
Aug 25, 2017 $2.33
Sep 1, 2017 $2.33
Sep 8, 2017 $2.33
Sep 15, 2017 $2.33
Sep 22, 2017 $2.33
Sep 29, 2017 $2.33
Oct 6, 2017 $2.33
Oct 13, 2017 $2.33
Oct 20, 2017 $2.33
Oct 27, 2017 $2.33
Nov 3, 2017 $2.33
Nov 10, 2017 $2.33
Nov 17, 2017 $2.33
Nov 24, 2017 $2.33
Dec 1, 2017 $2.33
Dec 8, 2017 $2.33
Dec 15, 2017 $2.33
Dec 22, 2017 $2.33
Dec 29, 2017 $2.33
Jan 5, 2018 $2.33
Jan 12, 2018 $2.33
Jan 19, 2018 $2.33
Jan 26, 2018 $2.33
Feb 2, 2018 $2.33
Feb 9, 2018 $2.33
Feb 16, 2018 $2.33
Feb 23, 2018 $2.33
Mar 2, 2018 $2.33
Mar 9, 2018 $2.33
Mar 16, 2018 $2.33
Mar 23, 2018 $2.33
Mar 30, 2018 $2.33
Apr 6, 2018 $2.33
Apr 13, 2018 $2.33
Apr 20, 2018 $2.33
Apr 27, 2018 $2.33
May 4, 2018 $2.33
May 11, 2018 $2.33
May 18, 2018 $2.33
May 25, 2018 $2.33
Jun 1, 2018 $2.33
Jun 8, 2018 $2.33
Jun 15, 2018 $2.33
Jun 22, 2018 $2.33
Jun 29, 2018 $2.33
Jul 6, 2018 $2.33
Jul 13, 2018 $2.33
Jul 20, 2018 $2.33
Jul 27, 2018 $2.33
Aug 3, 2018 $2.33
Aug 10, 2018 $2.33
Aug 17, 2018 $2.33
Aug 24, 2018 $2.33
Aug 31, 2018 $2.33
Sep 7, 2018 $2.33
Sep 14, 2018 $2.33
Sep 21, 2018 $2.33
Sep 28, 2018 $2.33
Oct 5, 2018 $2.33
Oct 12, 2018 $2.33
Oct 19, 2018 $2.33
Oct 26, 2018 $2.33
Nov 2, 2018 $2.33
Nov 9, 2018 $2.33
Nov 16, 2018 $2.33
Nov 23, 2018 $2.33
Nov 30, 2018 $2.33
Dec 7, 2018 $2.33
Dec 14, 2018 $2.33
Dec 21, 2018 $2.33
Dec 28, 2018 $2.33
Jan 4, 2019 $2.33
Jan 11, 2019 $2.33
Jan 18, 2019 $2.33
Jan 25, 2019 $2.33
Feb 1, 2019 $2.33
Feb 8, 2019 $2.33
Feb 15, 2019 $2.33
Feb 22, 2019 $2.33
Mar 1, 2019 $2.33
Mar 8, 2019 $2.33
Mar 15, 2019 $2.33
Mar 22, 2019 $2.33
Mar 29, 2019 $2.33
Apr 5, 2019 $2.33
Apr 12, 2019 $2.33
Apr 19, 2019 $2.33
Apr 26, 2019 $2.33
May 3, 2019 $2.33
May 10, 2019 $2.33
May 17, 2019 $2.33
May 24, 2019 $2.33
May 31, 2019 $2.33
Jun 7, 2019 $2.33
Jun 14, 2019 $2.33
Jun 21, 2019 $2.33
Jun 28, 2019 $2.33
Jul 5, 2019 $2.33
Jul 12, 2019 $2.33
Jul 19, 2019 $2.33
Jul 26, 2019 $2.33
Aug 2, 2019 $2.33
Aug 9, 2019 $2.33
Aug 16, 2019 $2.33
Aug 23, 2019 $2.33
Aug 30, 2019 $2.33
Sep 6, 2019 $2.33
Sep 13, 2019 $2.33
Sep 20, 2019 $2.33
Sep 27, 2019 $2.33
Oct 4, 2019 $2.33
Oct 11, 2019 $2.33
Oct 18, 2019 $2.33
Oct 25, 2019 $2.33
Nov 1, 2019 $2.33
Nov 8, 2019 $2.33
Nov 15, 2019 $2.33
Nov 22, 2019 $2.33
Nov 29, 2019 $2.33
Dec 6, 2019 $2.33
Dec 13, 2019 $2.33
Dec 20, 2019 $2.33
Dec 27, 2019 $2.33
Jan 3, 2020 $2.33
Jan 10, 2020 $2.33
Jan 17, 2020 $2.33
Jan 24, 2020 $2.33
Jan 31, 2020 $2.33
Feb 7, 2020 $2.33
Feb 14, 2020 $2.33
Feb 21, 2020 $2.33
Feb 28, 2020 $2.33
Mar 6, 2020 $2.33
Mar 13, 2020 $2.33
Mar 20, 2020 $2.33
Mar 27, 2020 $2.33
Apr 3, 2020 $2.33
Apr 10, 2020 $2.33
Apr 17, 2020 $2.33
Apr 24, 2020 $2.33
May 1, 2020 $2.33
May 8, 2020 $2.33
May 15, 2020 $2.33
May 22, 2020 $2.33
May 29, 2020 $2.33
Jun 5, 2020 $2.33
Jun 12, 2020 $2.33
Jun 19, 2020 $2.33
Jun 26, 2020 $2.33
Jul 3, 2020 $501.19

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