Purchasing new clothes to cover orders
Millicent
Marachi, Kenya
100% repaid
Entrepreneur
Name
Millicent
Member since
March 2014
On-time repayments
256 installments • 90%
About Me
I am a kenyan young woman and i went to school upto form four from there i have done jobs with contracts that do not last for more than three months at a time with the wages from these i have set up a clothes business. Occassinally i deal in cerals business as well and this is so bacause i mostly buy this produce from Bunyala which is located within Busia county this reduces transport cost thereby maximizing my profit.A loan of $850 would go a long way to boost my businessess if it can be approved.When need be i turn to friends and family for soft loans i cant go to the banks as there rates are too much for me.
My Business
I mostly deal with ready made clothes which i buy from Uganda as Busia is located at the border of kenya and Uganda, and occasionally i deal in used clothes as well at times i find my stock wanting and that is what i intend to do with the loan money that is to stock my business.my occasinal business in cereals(rice) from Bunyala can only be conducted when the prices are favourably as my economies of scale is low such loans would enable me increase the economies of scale and the combined proceeds of this two businesses will enable me to pay the loan comfortably i currently need about $850.
Loan Proposal
It is my intention to use the loan amount in filling on my current order of new clothes and coincidentally the amount is just right for this order I shall use it thus once it is disbursed:- 55,000 ($550)KES in purchasing the order of clothes, 2,000 ($20) KES in transport costs and 1,000 ($10) KES on miscallenous expenses
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$688.00
Date disbursed
Jan 14, 2016
Repayment status
On Time
Projected term
17 months
Lenders
Austin, United States
Gammalkil, Sweden
Fontvielle, Monaco, Yemen
United States
Taiwan
United States
Sweden
United States
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Summary
Amount repaid
$723.18
Amount remaining
$0.00
Date repaid
May 10, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jan 24, 2016 | $10.00 | Jan 31, 2016 | $10.00 |
| Jan 31, 2016 | $10.00 | Feb 6, 2016 | $10.00 |
| Feb 7, 2016 | $10.00 | Feb 12, 2016 | $10.00 |
| Feb 14, 2016 | $10.00 | Feb 15, 2016 | $10.00 |
| Feb 21, 2016 | $10.00 | Feb 26, 2016 | $10.00 |
| Feb 28, 2016 | $10.00 | Mar 1, 2016 | $10.00 |
| Mar 6, 2016 | $10.00 | Mar 7, 2016 | $10.00 |
| Mar 13, 2016 | $10.00 | Mar 14, 2016 | $10.00 |
| Mar 20, 2016 | $10.00 | Mar 20, 2016 | $10.00 |
| Mar 27, 2016 | $10.00 | Mar 26, 2016 | $10.00 |
| Apr 3, 2016 | $10.00 | Apr 3, 2016 | $10.00 |
| Apr 10, 2016 | $10.00 | Apr 10, 2016 | $10.00 |
| Apr 17, 2016 | $10.00 | Apr 17, 2016 | $10.00 |
| Apr 24, 2016 | $10.00 | Apr 24, 2016 | $10.00 |
| May 1, 2016 | $10.00 | May 1, 2016 | $10.00 |
| May 8, 2016 | $10.00 | May 8, 2016 | $10.00 |
| May 15, 2016 | $10.00 | May 15, 2016 | $10.00 |
| May 22, 2016 | $10.00 | May 23, 2016 | $10.00 |
| May 29, 2016 | $10.00 | May 29, 2016 | $10.00 |
| Jun 5, 2016 | $10.00 | Jun 4, 2016 | $10.00 |
| Jun 12, 2016 | $10.00 | Jun 12, 2016 | $10.00 |
| Jun 19, 2016 | $10.00 | Jun 19, 2016 | $10.00 |
| Jun 26, 2016 | $10.00 | Jun 26, 2016 | $10.00 |
| Jul 3, 2016 | $10.00 | Jul 3, 2016 | $10.00 |
| Jul 10, 2016 | $10.00 | Jul 10, 2016 | $10.00 |
| Jul 17, 2016 | $10.00 | Jul 18, 2016 | $10.00 |
| Jul 24, 2016 | $10.00 | Jul 26, 2016 | $10.00 |
| Jul 31, 2016 | $10.00 | Jul 30, 2016 | $10.00 |
| Aug 7, 2016 | $10.00 | Aug 8, 2016 | $10.00 |
| Aug 14, 2016 | $10.00 | Aug 16, 2016 | $10.00 |
| Aug 21, 2016 | $10.00 | Aug 21, 2016 | $10.00 |
| Aug 28, 2016 | $10.00 | Aug 27, 2016 | $10.00 |
| Sep 4, 2016 | $10.00 | Sep 4, 2016 | $10.00 |
| Sep 11, 2016 | $10.00 | Sep 10, 2016 | $10.00 |
| Sep 18, 2016 | $10.00 | Sep 20, 2016 | $10.00 |
| Sep 25, 2016 | $10.00 | Sep 24, 2016 | $10.00 |
| Oct 2, 2016 | $10.00 | Oct 3, 2016 | $10.00 |
| Oct 9, 2016 | $10.00 | Oct 8, 2016 | $10.00 |
| Oct 16, 2016 | $10.00 | Oct 15, 2016 | $10.00 |
| Oct 23, 2016 | $10.00 | Oct 23, 2016 | $10.00 |
| Oct 30, 2016 | $10.00 | Nov 1, 2016 | $10.00 |
| Nov 6, 2016 | $10.00 | Nov 8, 2016 | $10.00 |
| Nov 13, 2016 | $10.00 | Nov 13, 2016 | $10.00 |
| Nov 20, 2016 | $10.00 | Nov 20, 2016 | $10.00 |
| Nov 27, 2016 | $10.00 | Dec 6, 2016 | $10.00 |
| Dec 4, 2016 | $10.00 | Dec 12, 2016 | $10.00 |
| Dec 11, 2016 | $10.00 | Dec 19, 2016 | $10.00 |
| Dec 18, 2016 | $10.00 | Dec 29, 2016 | $10.00 |
| Dec 25, 2016 | $10.00 | Jan 3, 2017 | $10.00 |
| Jan 1, 2017 | $10.00 | Jan 8, 2017 | $10.00 |
| Jan 8, 2017 | $10.00 | Jan 16, 2017 | $10.00 |
| Jan 15, 2017 | $10.00 | Jan 25, 2017 | $10.00 |
| Jan 22, 2017 | $10.00 | Jan 29, 2017 | $10.00 |
| Jan 29, 2017 | $10.00 | Feb 7, 2017 | $10.00 |
| Feb 5, 2017 | $10.00 | Feb 13, 2017 | $10.00 |
| Feb 12, 2017 | $10.00 | Feb 22, 2017 | $10.00 |
| Feb 19, 2017 | $10.00 | Feb 26, 2017 | $10.00 |
| Feb 26, 2017 | $10.00 | Mar 7, 2017 | $10.00 |
| Mar 5, 2017 | $10.00 | Mar 12, 2017 | $10.00 |
| Mar 12, 2017 | $10.00 | Mar 19, 2017 | $10.00 |
| Mar 19, 2017 | $10.00 | Mar 25, 2017 | $10.00 |
| Mar 26, 2017 | $10.00 | Apr 2, 2017 | $10.00 |
| Apr 2, 2017 | $10.00 | Apr 15, 2017 | $10.00 |
| Apr 9, 2017 | $10.00 | Apr 17, 2017 | $10.00 |
| Apr 16, 2017 | $10.00 | Apr 23, 2017 | $10.00 |
| Apr 23, 2017 | $10.00 | May 10, 2017 | $10.00 |
| Apr 30, 2017 | $10.00 | May 10, 2017 | $10.00 |
| May 7, 2017 | $10.00 | May 10, 2017 | $10.00 |
| May 14, 2017 | $10.00 | May 10, 2017 | $10.00 |
| May 21, 2017 | $10.00 | May 10, 2017 | $10.00 |
| May 28, 2017 | $10.00 | May 10, 2017 | $10.00 |
| Jun 4, 2017 | $10.00 | May 10, 2017 | $10.00 |
| Jun 11, 2017 | $3.18 | May 10, 2017 | $3.18 |
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