Loan will be used to expand my detergent bussiness

Mary

Mombasa, Kenya

99% repaid

Entrepreneur

Name

Mary

Member since

April 2014

On-time repayments

47 installments  •  49%

About Me

I am 29 years old . I did a secretarial course back in Collage but my passion has always been in business to be precise self employment. Immediately after High school I started doing small business like second hand clothes but later settled on a small shop, home made detergents and coconut. There is nothing more rewarding than working for your self. With the money I get from Zidisha I am planning to increase my stock and this time create job opportunities to others. My hobbies are watching movies, travelling and making new friends.

My Business

I intend to repay the loan using cash from my business that is the home made detergents (soap, jik,stain remover). On average I make a profit of Ksh7000 monthly. My clients prefer my goods because I deliver on time and I make them of high quality that is i do not dilute. So far I have not faced any major challenge because most of my clients pay on deliver, prio delivery and even if they delay they don't do it for long time. The demand of detergents especially soap is so high in hotels, hospitals and even in homes because its affordable compared to other detergents and also because the packaging comes in sizes depending on the clients need that is one may get a container coasting as low as KSH.20.

Loan Proposal

THE LOAN WILL BE USED TO BUY STOCK OF THE INGREDRIENTS FOR THE MAKING OF THE DETERGENTS THAT IS THE SOAP, JIK, STAIN REMOVER AND CONTAINERS FOR PACKAGING OF THE SAME.

WITH THIS LOAN SUPPORT I WILL BE ABLE TO MEET THE BULKY ORDERS THAT I GET SINCE I WILL ALREADY HAVE THE STOCKS IN PLACE. ALSO A HIGH RETURN IN PROFITS BECAUSE OF BUYING OF BULKY INGREDIENTS AT A LESSER PRICE COMPARED TO SMALL PURCHASES THAT I NORMALLY DO.

I SPEND 8 DOLLARS ON 20LITTER SOAP INGREADIENTS AND 2 DOLLARS ON A 20LITTER JIK INGEDIENTS. THE PACKAGING BOTTTLES ARE ALSO QUITE EXPENSIVE WHEN BOUGHT IN SMALL AMOUNTS BUT IN BULK(A MIN OF 8 5LITTER BOTTLES TO MAXIMUM OF 12 BOTTLES) THEY FLACTUATE BETWEEN 3 DOLLARS AND 2 DOLLARS... BUT WITH YOUR SUPPORT I WILL GET THE SAME AT A DISCOUNTED RATE WHICH WIL LEAD TO BOOST I MY BUSSINESS.

MUCH APPRECATION IN ADVANCE.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

May 21, 2014

Repayment status

On Time

Projected term

10 months

Lenders

E

eboleaga

Mexico City, Mexico

calvero

Bergen, Norway

Sarasota

Sarasota, Fl, United States

Richard Griebe

La Jolla, United States

G

GanSatya

United States

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Summary

Amount repaid

$162.82

Amount remaining

$0.00

Date repaid

Apr 20, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
May 29, 2014 $3.48 May 29, 2014 $3.48
Jun 5, 2014 $3.48 May 29, 2014 $0.01
Jun 5, 2014 $3.47
Jun 12, 2014 $3.48 Jun 5, 2014 $0.02
Jun 12, 2014 $3.46
Jun 19, 2014 $3.48 Jun 12, 2014 $0.04
Jun 19, 2014 $3.45
Jun 26, 2014 $3.48 Jun 19, 2014 $0.05
Jul 10, 2014 $3.44
Jul 3, 2014 $3.48 Jul 10, 2014 $0.09
Jul 24, 2014 $3.39
Jul 10, 2014 $3.48 Jul 24, 2014 $3.48
Jul 17, 2014 $3.48 Jul 24, 2014 $3.48
Jul 24, 2014 $3.48 Jul 24, 2014 $3.48
Jul 31, 2014 $3.48 Jul 24, 2014 $0.19
Sep 2, 2014 $3.29
Aug 7, 2014 $3.48 Sep 2, 2014 $3.48
Aug 14, 2014 $3.48 Sep 2, 2014 $0.24
Sep 8, 2014 $3.25
Aug 21, 2014 $3.48 Sep 8, 2014 $0.26
Sep 20, 2014 $3.22
Aug 28, 2014 $3.48 Sep 20, 2014 $3.48
Sep 4, 2014 $3.48 Sep 20, 2014 $3.48
Sep 11, 2014 $3.48 Sep 20, 2014 $3.48
Sep 18, 2014 $3.48 Sep 20, 2014 $0.35
Oct 21, 2014 $3.13
Sep 25, 2014 $3.48 Oct 21, 2014 $3.48
Oct 2, 2014 $3.48 Oct 21, 2014 $0.45
Nov 1, 2014 $3.04
Oct 9, 2014 $3.48 Nov 1, 2014 $3.48
Oct 16, 2014 $3.48 Nov 1, 2014 $0.54
Nov 24, 2014 $2.94
Oct 23, 2014 $3.48 Nov 24, 2014 $3.48
Oct 30, 2014 $3.48 Nov 24, 2014 $3.48
Nov 6, 2014 $3.48 Nov 24, 2014 $3.48
Nov 13, 2014 $3.48 Nov 24, 2014 $3.48
Nov 20, 2014 $3.48 Nov 24, 2014 $3.48
Nov 27, 2014 $3.48 Nov 24, 2014 $3.48
Dec 4, 2014 $3.48 Nov 24, 2014 $0.62
Dec 8, 2014 $2.86
Dec 11, 2014 $3.48 Dec 8, 2014 $3.02
Dec 24, 2014 $0.46
Dec 18, 2014 $3.48 Dec 24, 2014 $3.48
Dec 25, 2014 $3.48 Dec 24, 2014 $3.48
Jan 1, 2015 $3.48 Dec 24, 2014 $3.48
Jan 8, 2015 $3.48 Dec 24, 2014 $0.86
Jan 12, 2015 $2.62
Jan 15, 2015 $3.48 Jan 12, 2015 $3.26
Jan 23, 2015 $0.22
Jan 22, 2015 $3.48 Jan 23, 2015 $3.48
Jan 29, 2015 $3.48 Jan 23, 2015 $2.18
Feb 25, 2015 $1.31
Feb 5, 2015 $3.48 Feb 25, 2015 $3.48
Feb 12, 2015 $3.48 Feb 25, 2015 $3.48
Feb 19, 2015 $3.48 Feb 25, 2015 $3.48
Feb 26, 2015 $3.48 Feb 25, 2015 $0.01
Mar 23, 2015 $3.47
Mar 5, 2015 $3.48 Mar 23, 2015 $3.48
Mar 12, 2015 $3.48 Mar 23, 2015 $2.46
Apr 20, 2015 $1.02
Mar 19, 2015 $3.48 Apr 20, 2015 $3.48
Mar 26, 2015 $3.48 Apr 20, 2015 $3.48
Apr 2, 2015 $3.48 Apr 20, 2015 $3.48
Apr 9, 2015 $3.48 Apr 20, 2015 $3.48
Apr 16, 2015 $2.64 Apr 20, 2015 $2.64

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