Elphick
Nakuru, Kenya
$0 to go
100% funded of $150 goal
0
days left
Name
Elphick
Member since
February 2015
On-time repayments
53 installments • 0%
elphick comes from a family of seven and being the eldest son life has not been very easy. i started my education in early 1990s and finished my degree in 2014. after collage life never proved to be good and a thought of starting a business to provide for the family and buy some necessaries for myself and finance my masters program
I deal with sales of second hand clothing (mtumba). i have a passion in doing mtumba business especially the ladies ware. Nakuru town where i stay has many collages which makes it appropriate for such business. Mtumba comes from a kiswahili word meaning second-hand clothing, .i started my business 1year ago. i decided to start the business because of high demand for such clothes because of their affordability. my biggest challenge is the capital, currently the business requires a lot of capital in order to stock properly. My customers cut across all kinds of people within nakuru county.my goal is to be able to meet most of my customers needs and expectations.
To restock my business, this is going to cost ksh.20,000, the additional stock will facilitate more revenue consequently, i will be to take care of my family needs however, my business also will be stable.
i will buy second hand clothes at a cost of kshs 15000 and sell them in the market for a profit. by doing this revenue will increase so that am able to take a full bail to increase my stock. when my stock increases i will be able to command a large market for my goods hence more money
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Nov 10, 2015
Repayment status
Late
Projected term
12 months
Amount repaid
$0.00
Amount remaining
$156.74
Expected completion
Nov 20, 2016
Status
Repaying late
Installment amount
$3.00
Expected Payments | Actual Payments | ||
---|---|---|---|
Nov 22, 2015 | $3.00 | ||
Nov 29, 2015 | $3.00 | ||
Dec 6, 2015 | $3.00 | ||
Dec 13, 2015 | $3.00 | ||
Dec 20, 2015 | $3.00 | ||
Dec 27, 2015 | $3.00 | ||
Jan 3, 2016 | $3.00 | ||
Jan 10, 2016 | $3.00 | ||
Jan 17, 2016 | $3.00 | ||
Jan 24, 2016 | $3.00 | ||
Jan 31, 2016 | $3.00 | ||
Feb 7, 2016 | $3.00 | ||
Feb 14, 2016 | $3.00 | ||
Feb 21, 2016 | $3.00 | ||
Feb 28, 2016 | $3.00 | ||
Mar 6, 2016 | $3.00 | ||
Mar 13, 2016 | $3.00 | ||
Mar 20, 2016 | $3.00 | ||
Mar 27, 2016 | $3.00 | ||
Apr 3, 2016 | $3.00 | ||
Apr 10, 2016 | $3.00 | ||
Apr 17, 2016 | $3.00 | ||
Apr 24, 2016 | $3.00 | ||
May 1, 2016 | $3.00 | ||
May 8, 2016 | $3.00 | ||
May 15, 2016 | $3.00 | ||
May 22, 2016 | $3.00 | ||
May 29, 2016 | $3.00 | ||
Jun 5, 2016 | $3.00 | ||
Jun 12, 2016 | $3.00 | ||
Jun 19, 2016 | $3.00 | ||
Jun 26, 2016 | $3.00 | ||
Jul 3, 2016 | $3.00 | ||
Jul 10, 2016 | $3.00 | ||
Jul 17, 2016 | $3.00 | ||
Jul 24, 2016 | $3.00 | ||
Jul 31, 2016 | $3.00 | ||
Aug 7, 2016 | $3.00 | ||
Aug 14, 2016 | $3.00 | ||
Aug 21, 2016 | $3.00 | ||
Aug 28, 2016 | $3.00 | ||
Sep 4, 2016 | $3.00 | ||
Sep 11, 2016 | $3.00 | ||
Sep 18, 2016 | $3.00 | ||
Sep 25, 2016 | $3.00 | ||
Oct 2, 2016 | $3.00 | ||
Oct 9, 2016 | $3.00 | ||
Oct 16, 2016 | $3.00 | ||
Oct 23, 2016 | $3.00 | ||
Oct 30, 2016 | $3.00 | ||
Nov 6, 2016 | $3.00 | ||
Nov 13, 2016 | $3.00 | ||
Nov 20, 2016 | $0.74 |
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