Entrepreneur
Name
Mary
Member since
August 2016
On-time repayments
16 installments • 44%
About Me
I grew up in a huge family ... both extended and immediate... my father left my mom when she had me the last born saying she wanted a boy... we were four girls ..then she remaried to a family of 4.. we were now eight but as girls it woud be expensive to let us better our education further than highskool ... so i used to save up all my money ... and i finally started a business to better my life rather than wait for a husband at a young age...
The land that i live in is unique in the way that it has develop from just being trees everywhere to now having buildings and business and that has helped my business in a positive way...
I have a liking for our local football club EXCITING FC and in the weekends i take my son with me to watch the game and make him activee
My Business
I sell shoes ... from sandals to heals ... they are in demand because no matter where you are .. you only get one chance for a first impresions and the shoes are just as important..and thats what i tell my customers ... plus with the development most of the people are working class and tend to buy shoes once or twice in two months.. i chose this business because it is easy to handle and i have good people skills... and most of the time the shoes sells itself...
my typical cost is around 35 to 40 dollars... 20 dollars go to rent and the rest are mostly electricity bills but i make earnings of upto 70 to 80 dollars a month
The profits go to my sons education and re stocking the shop and adding new material ..
Loan Proposal
I will first buy pairs of official men boots as i am less the 15*dollars to get them in wholesale value'.... i already have customers whove paid upfront
This will benefit my business as most of my customers were women and i wanted to get men also... and the boots will help alot...
I expect to make a profit of upto 50*dollars which woud be fantastic... just from the boots... thus increasing my income from 70 to 80*dollars and now 100+ dollars..
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$15.00
Date disbursed
Aug 24, 2016
Repayment status
On Time
Projected term
3 months
Lenders
North Carolina, United States
United States
Summary
Amount repaid
$15.75
Amount remaining
$0.00
Date repaid
Dec 22, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Sep 4, 2016 | $1.01 | Sep 12, 2016 | $1.01 |
| Sep 11, 2016 | $1.01 | Sep 12, 2016 | $1.01 |
| Sep 18, 2016 | $1.01 | Sep 12, 2016 | $1.01 |
| Sep 25, 2016 | $1.01 | Sep 12, 2016 | $1.01 |
| Oct 2, 2016 | $1.01 | Sep 12, 2016 | $0.20 |
| Nov 1, 2016 | $0.81 | ||
| Oct 9, 2016 | $1.01 | Nov 1, 2016 | $0.71 |
| Nov 7, 2016 | $0.30 | ||
| Oct 16, 2016 | $1.01 | Nov 7, 2016 | $0.91 |
| Nov 20, 2016 | $0.10 | ||
| Oct 23, 2016 | $1.01 | Nov 20, 2016 | $1.01 |
| Oct 30, 2016 | $1.01 | Nov 20, 2016 | $0.40 |
| Dec 18, 2016 | $0.60 | ||
| Nov 6, 2016 | $1.01 | Dec 18, 2016 | $1.01 |
| Nov 13, 2016 | $1.01 | Dec 18, 2016 | $0.40 |
| Dec 22, 2016 | $0.60 | ||
| Nov 20, 2016 | $1.01 | Dec 22, 2016 | $1.01 |
| Nov 27, 2016 | $1.01 | Dec 22, 2016 | $1.01 |
| Dec 4, 2016 | $1.01 | Dec 22, 2016 | $1.01 |
| Dec 11, 2016 | $1.01 | Dec 22, 2016 | $0.40 |
| Dec 22, 2016 | $0.60 | ||
| Dec 18, 2016 | $0.64 | Dec 22, 2016 | $0.64 |
Ask Mary a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.