Loan to purchase clothing hangers

Fransisca

Bomet, Kenya

100% repaid

Entrepreneur

Name

Fransisca

Member since

September 2017

On-time repayments

29 installments  •  66%

About Me

My name is Fransisca Chepngeno, last born in a family of six. Born,raised and schooled in bomet county in the republic of kenya.

From the little amounts i was given as pocket money i managed to save part of it every term until it reached ksh.2000 which i opted to invest in clothes business; a venture i had always admired since childhood.

Though it is still young i have a bigger picture in mind and hoping to growing it to be the bigest boutique in the vicinity.

My Business

My business generally entail buying and reselling of clothes.Both second hand and ready made.I major on women ware because they are on high demand and their profitability is also higher compared to those of men.

Loan Proposal

Due to the increased stockings the number of my clothes have outnumbered the available cloth hangers by a big margin.Hence the need for this loan to help me buy more hangers to bridge that existing gap.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Dec 20, 2017

Repayment status

On Time

Projected term

2 months

Lenders

MarktheMormon

Sandy, Utah, United States

Urszula

United Kingdom

PA

Peter A

New York City, United States

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  • Fransisca    Jul 27, 2018

    Hello Lenders,
    Thank you for the previous loan,increased stock consequently led to more revenues and profit by 7%,higher than what I had anticipated.
    I was able to buy some snacks with increased profit to share with the needy children.
    I am once again looking for your support.

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  • Fransisca    Jul 11, 2018

    Dear Lenders,

    This is to acknowledge the receipt of your contributions and to express my sincere gratitude.

    Thank you for your support.

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  • Fransisca    Jul 10, 2018

    Dear Lenders,
    Thank you a lot for your prompt funding, I will use this to fund to increase the stock of dresses.

    God bless you.

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  • Fransisca    Jul 10, 2018

    Dear lenders,
    With utmost sense of gratitude, I wish to bring to your attention the benefit of your previous support.

    Even though the challenges were many your funds achieved the purpose for which it was intended.

    Thank you all and am looking forward for your support in my current loan posting.

    God bless you.

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  • Fransisca    Mar 8, 2018

    The investment did not work as I anticipated

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  • Janet Rita    Feb 23, 2018

    Dear Lenders,
    I visited Francisca yesterday and found that she had been in the hospital for the last one and half months.

    She promised to resume repayment very soon, I also informed her on the possibility of revising her installment amount and she was very thankful.

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  • Fransisca    Jan 26, 2018

    Dear Lenders,
    Thank you for funding my proposal,this loan will go directly to the purchase of clothing hangers for the expansion of my businesses.

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  • Fransisca    Jan 15, 2018

    Dear Lenders,

    Thank you for financial support, I was able to purchase clothing hungers with my previous loan but the hungers are still not enough.

    I therefore plead for your support this time round. I realized that I still need lots of them because am looking forward to expand my business soon.

    Thank you.

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  • Fransisca    Dec 12, 2017

    Dear Esteemed Lenders,

    I am very grateful for your support in my first loan.I have fully repaid it within the stipulated repayment period.

    With a greater sense of humility I look forward to your support in my next loan application.

    Thank you.

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  • Fransisca    Nov 30, 2017

    Dear Lenders,

    I was very grateful for your financial support.It did help me a great deal.

    Thank you and God bless you.

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