Money to add stock in my shoes business

Samuel

Kahawa Wendani, Kenya

16% repaid

Entrepreneur

Name

Samuel

Member since

February 2015

On-time repayments

100 installments  •  13%

About Me

my name is Samuel Kiarie born and bred in Nairobi to a retied army officer and small scale farmer mother, am the first born son in a family of four,three girls and one boy, am married and have one daughter. i attended Kenyatta university primary school and later joined Baricho high school for my secondary education, i joined Parapet college and trained as a housekeeper but i have not secured formal employment and currently am engaged in selling secondhand shoes and would like to expand my business but am constrained by lack of finances due to the bureaucratic process of getting finance in Kenya

My Business

Am a small scale trader where am engaged in the business of selling secondhand shoes mainly ladies shoes, my business is located in Kiwanja shopping center and my clients are mostly university students,these second hand shoes i normally source from Gikomba market which is the biggest market in east and central Africa and currently i buy the shoes from traders who buy bales and sell to small scale traders like me but i would like to buy my own bale in order to increase my profit margin and offer employment to others

Loan Proposal

I intend to use the loan to increase my stock by buying a bale of shoes which has more shoes and i will get a discount because of buying in bulk hence increase my profit and satisfy my clients with a wide variety to choose from. Currently i need 15000 shillings and if the proposal is successful i will be able to save more and be able to repay the loan.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 23, 2015

Repayment status

Late

Projected term

23 months

Lenders

P

Philippe

Adliswil, Switzerland

F

Frenchie

Johannesburg, United Arab Emirates

E

ewaters1

Australia

J

jlhardes

United States

E

expatri

United States

mepster

San Francisco, Ca, United States

L

Linda

United States

J

JimBaer

United States

Q

qeorge

United States

D

Dowdin

United Kingdom

chriseyre

Fremont, Ca, United States

M

Mikat

United States

H

hedyeyre

United States

E

EvergreenBob49

United States

G

GMB2014

United States

O

OzMonkey

Australia

Kmc138

United States

S

simonthompson99

United Kingdom

S

Sophia20450

United States

AndrewNeu

Ho Chi Minh, Vietnam

B

Boswags

United States

M

MikeP

United States

N

NorCalLender

United States

A

araali

United States

M

Mkaput926

United States

J

JonAlec

United States

D

Desteli

United States

S

spaceandthyme

United States

C

cyberangel

United States

P

pfeng

United States

Grant Xavier Storer

Seattle, Wa, United States

D

dabatate

Saarbrücken, Saarland, Germany

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$17.72

Amount remaining

$94.71

Expected completion

Feb 5, 2017

Status

Repaying late

Installment amount

$1.11

Repayment History

Expected Payments Actual Payments
Mar 8, 2015 $2.22 Mar 16, 2015 $2.22
Mar 15, 2015 $0.00
Mar 22, 2015 $1.11 Mar 22, 2015 $1.11
Mar 29, 2015 $1.11 Mar 29, 2015 $1.11
Apr 5, 2015 $1.11 Apr 5, 2015 $1.11
Apr 12, 2015 $1.11 Apr 5, 2015 $0.17
Apr 12, 2015 $0.94
Apr 19, 2015 $1.11 Apr 12, 2015 $0.17
Apr 19, 2015 $0.94
Apr 26, 2015 $1.11 Apr 19, 2015 $0.17
May 12, 2015 $0.94
May 3, 2015 $1.11 May 12, 2015 $1.11
May 10, 2015 $1.11 May 12, 2015 $1.11
May 17, 2015 $1.11 May 12, 2015 $1.11
May 24, 2015 $1.11 May 12, 2015 $0.17
Jun 11, 2015 $0.94
May 31, 2015 $1.11 Jun 11, 2015 $0.17
Jul 6, 2015 $0.94
Jun 7, 2015 $1.11 Jul 6, 2015 $1.11
Jun 14, 2015 $1.11 Jul 6, 2015 $0.17
Oct 8, 2015 $0.94
Jun 21, 2015 $1.11 Oct 8, 2015 $1.06
Jun 28, 2015 $1.11
Jul 5, 2015 $1.11
Jul 12, 2015 $1.11
Jul 19, 2015 $1.11
Jul 26, 2015 $1.11
Aug 2, 2015 $1.11
Aug 9, 2015 $1.11
Aug 16, 2015 $1.11
Aug 23, 2015 $1.11
Aug 30, 2015 $1.11
Sep 6, 2015 $1.11
Sep 13, 2015 $1.11
Sep 20, 2015 $1.11
Sep 27, 2015 $1.11
Oct 4, 2015 $1.11
Oct 11, 2015 $1.11
Oct 18, 2015 $1.11
Oct 25, 2015 $1.11
Nov 1, 2015 $1.11
Nov 8, 2015 $1.11
Nov 15, 2015 $1.11
Nov 22, 2015 $1.11
Nov 29, 2015 $1.11
Dec 6, 2015 $1.11
Dec 13, 2015 $1.11
Dec 20, 2015 $1.11
Dec 27, 2015 $1.11
Jan 3, 2016 $1.11
Jan 10, 2016 $1.11
Jan 17, 2016 $1.11
Jan 24, 2016 $1.11
Jan 31, 2016 $1.11
Feb 7, 2016 $1.11
Feb 14, 2016 $1.11
Feb 21, 2016 $1.11
Feb 28, 2016 $1.11
Mar 6, 2016 $1.11
Mar 13, 2016 $1.11
Mar 20, 2016 $1.11
Mar 27, 2016 $1.11
Apr 3, 2016 $1.11
Apr 10, 2016 $1.11
Apr 17, 2016 $1.11
Apr 24, 2016 $1.11
May 1, 2016 $1.11
May 8, 2016 $1.11
May 15, 2016 $1.11
May 22, 2016 $1.11
May 29, 2016 $1.11
Jun 5, 2016 $1.11
Jun 12, 2016 $1.11
Jun 19, 2016 $1.11
Jun 26, 2016 $1.11
Jul 3, 2016 $1.11
Jul 10, 2016 $1.11
Jul 17, 2016 $1.11
Jul 24, 2016 $1.11
Jul 31, 2016 $1.11
Aug 7, 2016 $1.11
Aug 14, 2016 $1.11
Aug 21, 2016 $1.11
Aug 28, 2016 $1.11
Sep 4, 2016 $1.11
Sep 11, 2016 $1.11
Sep 18, 2016 $1.11
Sep 25, 2016 $1.11
Oct 2, 2016 $1.11
Oct 9, 2016 $1.11
Oct 16, 2016 $1.11
Oct 23, 2016 $1.11
Oct 30, 2016 $1.11
Nov 6, 2016 $1.11
Nov 13, 2016 $1.11
Nov 20, 2016 $1.11
Nov 27, 2016 $1.11
Dec 4, 2016 $1.11
Dec 11, 2016 $1.11
Dec 18, 2016 $1.11
Dec 25, 2016 $1.11
Jan 1, 2017 $1.11
Jan 8, 2017 $1.11
Jan 15, 2017 $1.11
Jan 22, 2017 $1.11
Jan 29, 2017 $1.11
Feb 5, 2017 $1.32

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