Loan to buy jewelry

Maureen

Nairobi, Kenya

23% repaid

Entrepreneur

Name

Maureen

Member since

September 2017

On-time repayments

41 installments  •  34%

About Me

I was born in a family of 3, two boys and I, who is the only girl. I went to Mary Leakey girls high school where I did my o-levels and managed to pass and joined a technical college where I did a diploma in business enterprise and entrepreneurship education.
I borrowed my parents some cash to start my own jewellery business.
I would buy them at a cheap price then I sell them at schools and party weddings.
I earn my income and I use the profits to expand my business.

My Business

I buy jewellery at a price of $0.5 for a pair of earnings and sell them at a 60% profit.
At a normal day I sell more than 15 pairs of earnings and bracelets.
I chose this business since its my passion and I love the beauty of art.
I use my profits in business expansion and buying food at my home.

Loan Proposal

I will use the loan to buy extra necklaces for my shop since there's a high demand. I will buy 15 sett of necklaces at a cost of $30.i will also help the young youth learn the way up of being an entrepreneur and help them focus on their future by getting the knowledge of self employment.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Dec 5, 2017

Repayment status

Late

Projected term

8 months

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$7.88

Amount remaining

$26.03

Expected completion

Aug 10, 2018

Status

Repaying late

Installment amount

$0.99

Repayment History

Expected Payments Actual Payments
Dec 15, 2017 $0.99 Dec 14, 2017 $0.99
Dec 22, 2017 $0.99 Dec 22, 2017 $0.99
Dec 29, 2017 $0.99 Dec 29, 2017 $0.99
Jan 5, 2018 $0.99 Jan 5, 2018 $0.99
Jan 12, 2018 $0.99 Jan 12, 2018 $0.99
Jan 19, 2018 $0.99 Jan 19, 2018 $0.99
Jan 26, 2018 $0.99 Jan 26, 2018 $0.99
Feb 2, 2018 $0.99 Feb 4, 2018 $0.99
Feb 9, 2018 $0.99
Feb 16, 2018 $0.99
Feb 23, 2018 $0.99
Mar 2, 2018 $0.99
Mar 9, 2018 $0.99
Mar 16, 2018 $0.99
Mar 23, 2018 $0.99
Mar 30, 2018 $0.99
Apr 6, 2018 $0.99
Apr 13, 2018 $0.99
Apr 20, 2018 $0.99
Apr 27, 2018 $0.99
May 4, 2018 $0.99
May 11, 2018 $0.99
May 18, 2018 $0.99
May 25, 2018 $0.99
Jun 1, 2018 $0.99
Jun 8, 2018 $0.99
Jun 15, 2018 $0.99
Jun 22, 2018 $0.99
Jun 29, 2018 $0.99
Jul 6, 2018 $0.99
Jul 13, 2018 $0.99
Jul 20, 2018 $0.99
Jul 27, 2018 $0.99
Aug 3, 2018 $0.99
Aug 10, 2018 $0.40

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