Name
Elizabeth
Member since
June 2017
On-time repayments
159 installments • 57%
I am a 2nd born in a family of seven. When we were growing up things we really hard as my parents could not afford most of the basic things. My mum was a tailor and my dad was a civil servant.
After my form four I had to seek casual jobs to save money to enable me pursue my college. I took a Diploma course of tours and travel where I did work for over ten years. Employment never gave me the satisfaction I wanted as the money was never enough it only paid bills and it was a cycle.
When I decided to start my business I did not have much capital but I took what I had and started to import products to sell. I now bring watches, wallets, towels, bags and socks. I would wish to increase my stock
I am teaching my children to venture into business and when they are not in school they help me round my small shop.
I have always enjoyed travel and I look forward to that time I will be able to take time off work to travel.
My business is for products that I import and sell locally. At the moment I have in stock towels, socks, handbags, watches and wallets. I look to expand and bring more goods to enable me have varieties. I sell online and I also get walk ins who come to buy from the shop. I also deliver to clients who cant make it to the shop at a minimal fee.
I make sure that my products are of good quality and I thrive to meet my clients satisfaction as I build my client base. This I have achieved as most are now repeat clients.
My overhead costs are rent, advertisements, electricity and internet services..
What I get as my profits pays my bills, school fees and I pump more to the business.
The loan of 200 dollars that I have applied for I will use to introduce more watches into my stock list.
This will benefit me as I will be giving my clients a wider range of products.
This in turn will increase my turn over
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Feb 14, 2018
Repayment status
On Time
Projected term
2 months
Amount repaid
$200.83
Amount remaining
$0.00
Date repaid
May 8, 2018
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 23, 2018 | $14.78 | Feb 16, 2018 | $14.78 |
Mar 2, 2018 | $14.78 | Feb 23, 2018 | $14.78 |
Mar 9, 2018 | $14.78 | Mar 2, 2018 | $14.78 |
Mar 16, 2018 | $14.78 | Mar 9, 2018 | $14.78 |
Mar 23, 2018 | $14.78 | Mar 19, 2018 | $14.78 |
Mar 30, 2018 | $14.78 | Mar 23, 2018 | $14.78 |
Apr 6, 2018 | $14.78 | Mar 30, 2018 | $14.78 |
Apr 13, 2018 | $19.71 | Apr 9, 2018 | $19.71 |
Apr 20, 2018 | $19.71 | Apr 25, 2018 | $9.85 |
Apr 25, 2018 | $9.85 | ||
Apr 27, 2018 | $19.71 | Apr 28, 2018 | $19.71 |
May 4, 2018 | $19.71 | May 7, 2018 | $19.71 |
May 11, 2018 | $18.53 | May 8, 2018 | $18.53 |
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