Name
Ann
Member since
May 2015
On-time repayments
302 installments • 46%
My name is Ann Migwi born and raised up in Muranga county in the central region of Kenya.
However, I navigated life safely into adulthood after having covered primary and secondary school education. I then left home to join Daystar University in the Nairobi City where I pursued my degree
I graduated and later secured a job in contract bases. Since then, I have been doing baking services having been trained in this area while still doing my degree course.
I am in baking business where I make cakes for all occasions like weddings, birthdays, anniversaries etc. I also do confectioneries such as queen cakes and supply them to retail outlets. I do this on a very small scale since I do not have adequate capital to expand and market my products effectively.
I also use makeshift oven which is not only slow but its finished product is now what it would really be if I was using a modern oven. There is a huge potential for the business since I live in a densely populated area where I am assured of demand all the time.
I am currently making about $300 from the business but half of it goes into covering my overheads. I am currently running the business from home so as to cut the expenses.
In enhancing my knowledge and improving my skills,I have doing this through YouTube which flexible and easily accessible. I have been able to impact the community by training them on how to use YouTube as a mechanisms to get skills,which is more cheaper as compared to attending class which one may incur huge amount of money.
Since now I have increased sales and demand,I now wish to graduate working from the house and get myself a house from which to work. This may cost approximately $250 and will make my business accessible hence make more customers hence increased profit with margin of between $20-25 a month.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$180.00
Date disbursed
Jan 27, 2016
Repayment status
On Time
Projected term
5 months
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Amount repaid
$189.48
Amount remaining
$0.00
Date repaid
Jul 18, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Feb 7, 2016 | $5.00 | Feb 6, 2016 | $5.00 |
Feb 14, 2016 | $5.00 | Feb 16, 2016 | $5.00 |
Feb 21, 2016 | $5.00 | Feb 23, 2016 | $5.00 |
Feb 28, 2016 | $5.00 | Mar 2, 2016 | $5.00 |
Mar 6, 2016 | $5.00 | Mar 7, 2016 | $5.00 |
Mar 13, 2016 | $5.00 | Mar 18, 2016 | $5.00 |
Mar 20, 2016 | $5.00 | Mar 18, 2016 | $5.00 |
Mar 27, 2016 | $5.00 | Mar 30, 2016 | $5.00 |
Apr 3, 2016 | $5.00 | Mar 30, 2016 | $5.00 |
Apr 10, 2016 | $5.00 | Apr 17, 2016 | $5.00 |
Apr 17, 2016 | $5.00 | Apr 17, 2016 | $5.00 |
Apr 24, 2016 | $5.00 | Apr 26, 2016 | $5.00 |
May 1, 2016 | $5.00 | Apr 26, 2016 | $5.00 |
May 8, 2016 | $5.00 | May 19, 2016 | $5.00 |
May 15, 2016 | $5.00 | May 19, 2016 | $5.00 |
May 22, 2016 | $5.00 | May 19, 2016 | $5.00 |
May 29, 2016 | $5.00 | Jun 9, 2016 | $5.00 |
Jun 5, 2016 | $5.00 | Jun 9, 2016 | $5.00 |
Jun 12, 2016 | $5.00 | Jun 27, 2016 | $5.00 |
Jun 19, 2016 | $5.00 | Jul 1, 2016 | $5.00 |
Jun 26, 2016 | $5.00 | Jul 1, 2016 | $5.00 |
Jul 3, 2016 | $0.00 | ||
Jul 10, 2016 | $40.00 | Jul 11, 2016 | $40.00 |
Jul 17, 2016 | $44.48 | Jul 18, 2016 | $44.48 |
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