Entrepreneur
Name
Elizabeth
Member since
January 2017
On-time repayments
10 installments • 30%
About Me
I am a student from a single parent home with only my mother and younger sister.My parents recently divorced and we were left with our mother.She struggled to see me through highschool and now that am going to join university soon.She is everything to us since their is no sort of help from my father who remarried and brought in his wife to our matrimonial home.
My Business
I sell secondhand items but now I only deal in shoes since its the only thing I can afford.I am planning to incorporate other items apart from shoes into my business but its all dependant on capital which I don't have.Currently I sell the shoes from home since I cannot afford to pay for a shop and also because my current stock is really small.
Loan Proposal
I will use the 1500 to purchase 5 pairs of higher quality shoes than the once I already have. Each pair is bought at Kshs.300.I then sell them at Kshs.800 a profit of Kshs.500 per shoe and a total profit of 2500 non inclusive of the capital.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$16.00
Date disbursed
Feb 2, 2017
Repayment status
Late
Projected term
2 months
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Ask Elizabeth a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.