Loan to buy handbags for sale

Nelly

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nelly

Member since

March 2019

On-time repayments

6 installments  •  83%

About Me

My name Is Nelly Njoki Ndungi a 24 year old Kenyan citizen. I was born and raised in kikuyu County am the second born in a family of two... I went to school at st Lilian academy for my primary and later joined st Martin for my secondary education where I did my o levels. After secondary I ventured into handbags sale business of which has been my sole source of income since when I began... I am here to help grow myself and visualize my dreams.

My Business

My business entails buying and reselling female handbags.. I buy them at gikomba market in nairobi... Mostly a single bag goes for $300 of which I buy and sell at $400 or $600 depending on how beautiful and classy it looks... Business is good and am hoping to expand soon and rent a more bigger space to conduct business

Loan Proposal

hallo dear lenders..am applying for this loan to helpe buy handbags for sale.i buy new handbags and resell them at a profit.ive been doing this for the last two years and it's paying off .with you zidisha I feel that I can upgrade my job and start buying the bags in plenty.i will make sure to be paying on time any loan I take with you to ensure a smooth running with you in the future.. thank you

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Mar 12, 2019

Repayment status

On Time

Projected term

1 week

Lenders

Paul Buchheit

Mountain View, United States

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  • Michael    Apr 8, 2020

    I have contacted the borrower and she promised to clear the balance and apply for another loan

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  • Michael    Jan 22, 2020

    I communicated with the borrower and promised to clear the loan.

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  • Nelly    Dec 9, 2019

    I decided to lower my installments to 150.. I haven't sold all the last stock. I've used what I had set aside for repayment to settle rent

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  • Nelly    Dec 2, 2019

    Hi good people... Bought a new stock of bags and am currently selling them. I've made my first payment... Will pay the rest when I finish selling them them before the week ends

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  • Nelly    Nov 27, 2019

    Thank you Ru for fully funding my loan.. All gratitude unto you.. It has been disbursed to my account. Am planning to go buy the handbags... I promise to repay back on time... May mother earth bless you abundantly

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  • Nelly    Apr 29, 2019

    Before was buying 5 bags but after the loan you lend me, i was able to add 4 more bags to my stock. And am now making progress. Slowly by slowly i believe i will make it.

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  • Nelly    Apr 21, 2019

    hello fam..am hoping all you guys are fine...am thanking you for giving me this opportunity to better myself through this platform...I've repaid my loan in full amounts,I staked it for the intended purpose and things are running on smoothly..am a step more further from poverty because of you...live long!!

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  • Nelly    Apr 15, 2019

    thank you pals...I placed my proposal today and the loan has been disbursed to my account...am going to the market tomorrow and I'll make sure to repay before the deadline..I received 1163 after a deduction of 400 risk fee and 82 transfer fee...be blessed people

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    • Lotus Flower    Apr 16, 2019

      Nelly,

      Please see: www.zidisha.org/faq
      "How is my on-time repayment score calculated?"
      Your on-time repayment score is the percentage of all weekly installments that have fallen due for all loans you have taken with Zidisha, which you paid on time. NOTE THAT PAYMENTS ARE ONLY COUNTED ONCE THEIR DUE DATE HAS PASSED.* [emphasis added]

      *What that means is that early repayments will *not* help your on-time repayment percentage. At Zidisha, only payments made exactly on the due date, or within ten days after the due date, are considered on time, and only on-time and late payments are used in the calculation of the on-time percentage. (Unfortunately, early payments are ignored when it comes to that calculation.) So, although it's admirable that you want to pay back early, it is *not* advisable to do that on this particular platform.

      Best wishes,
      Laurie

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  • Nelly    Apr 15, 2019

    hi people..am planning to raise a loan proposal to stock up my handbags business...i kno you will help me realise my dreams....have a blessed day good people!

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  • Nelly    Mar 17, 2019

    thanks guys...I've repaid my loan....you were of help to me guys

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  • Nelly    Mar 10, 2019

    wooow...thank you for lending me am so grateful..am waiting for the disbursement to my account.be blessed...I'll sure repay in time

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