Catherine
Kayole, Nairobi, Kenya
$0 to go
100% funded of $100 goal
0
days left
Name
Catherine
Member since
January 2015
On-time repayments
6 installments • 0%
My name is catherine Nzuki born in machakos county Eastern part of Kenya. I was raised in a poor Family where my parents were not able to pay school fees for me which forced me out of school for two years to go and work as a house maid in Nairobi to feed my family and save for my school fees. out of the salary i was getting I saved 200dollas and came back home to continue with my Education and was also helped by well wishers to achieve my dreams of finishing High school which was successful. After school, I decided to start a small shop for selling clothes which im still running upto date..My children wants to be Enterprenuers when they grow up because they like what im doing with passion. My hobby is Basket ball.
I buy clothes and sell them at an intrest price. I sell them in a small market in Kayole kenya. This clothes are highly in demand because most of them are football jerseys which are in High demand and mens wear. I choose this Business Because It is easy to start with small capital does not need you to have alot of money. my cost of revenue is 200dollars per month. I use the profit i get to pay school fees for my two kids,Increase my stock to keep the Business running and provide basic needs for my family.
Given this Loan, I will Buy clothes stock worth 85 Dollars
Clothes Hangers worth 15 Dollars.
This clothes sale will be very useful to me because out of it, I get my Basic needs, take my two kids to school and it will help others for Bringing Cheap and affordable clothes to the community. I expect to increase my Business Profit by 20% in the next 0ne month because the clothes that I sell are in High demand which includes football jerseys.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 12, 2015
Repayment status
Late
Projected term
6 weeks
Amount repaid
$0.00
Amount remaining
$101.42
Expected completion
Mar 29, 2015
Status
Repaying late
Installment amount
$16.90
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 22, 2015 | $16.90 | ||
Mar 1, 2015 | $16.90 | ||
Mar 8, 2015 | $16.90 | ||
Mar 15, 2015 | $16.90 | ||
Mar 22, 2015 | $16.90 | ||
Mar 29, 2015 | $16.92 |
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