Purchase household goods for my retail shop
Magdalene
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Magdalene
Member since
February 2015
On-time repayments
37 installments • 51%
About Me
Am magdalene Njeri aged 26 years currently living in Nairobi kahawa wendani area.After completing my teaching course it was hard to find employment so i thought of starting my own business.i started my shop 18months ago and i can say it has been going well as it has been paying my bills.I however have plans to make it a big business,provide employment to others and ensure my financial freedom.
My Business
My business is located at Kahawa Wendani area about 300metres from Thika super highway.It neighbours betty's lounge and opposite graphiq africa.The area is a very serene business environment as there are very many residential houses around.
It is a shop where i sell household goods e.g rice,flour,sugar and many more.i earn between 120-150 dollars per month where i use the money to pay for house rent and pay other small bills.
Loan Proposal
Hopefully when i get the loan i will use the money to buy goods and add to my existing stock.Am also planning on introducing smaller packaging of items to make them more affordable to everyone.
Over the time i have managed to build a good customer base due to quality affordable goods and good customer relations therefore a higher demand of goods than i can supply, so intend on taking advantage of that and increase my stock which will lead to more income.
With this profits i will first repay my zidisha loan and then focus on expanding my business.i am hopefull and will greatly appreciate if i am funded
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 21, 2015
Repayment status
On Time
Projected term
11 months
Other loans
Lenders
Summary
Amount repaid
$105.14
Amount remaining
$0.00
Date repaid
Jul 14, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| May 3, 2015 | $2.19 | May 9, 2015 | $2.19 |
| May 10, 2015 | $2.19 | May 9, 2015 | $2.19 |
| May 17, 2015 | $2.19 | May 9, 2015 | $2.19 |
| May 24, 2015 | $2.19 | May 9, 2015 | $2.19 |
| May 31, 2015 | $2.19 | May 9, 2015 | $2.19 |
| Jun 7, 2015 | $2.19 | May 9, 2015 | $2.19 |
| Jun 14, 2015 | $2.19 | May 9, 2015 | $2.19 |
| Jun 21, 2015 | $2.19 | May 9, 2015 | $2.19 |
| Jun 28, 2015 | $2.19 | May 9, 2015 | $2.19 |
| Jul 5, 2015 | $2.19 | May 9, 2015 | $2.19 |
| Jul 12, 2015 | $2.19 | May 9, 2015 | $2.19 |
| Jul 19, 2015 | $2.19 | May 9, 2015 | $2.19 |
| Jul 26, 2015 | $2.19 | May 9, 2015 | $2.19 |
| Aug 2, 2015 | $2.19 | May 9, 2015 | $0.43 |
| Jul 9, 2015 | $1.76 | ||
| Aug 9, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Aug 16, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Aug 23, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Aug 30, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Sep 6, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Sep 13, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Sep 20, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Sep 27, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Oct 4, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Oct 11, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Oct 18, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Oct 25, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Nov 1, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Nov 8, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Nov 15, 2015 | $2.19 | Jul 9, 2015 | $2.19 |
| Nov 22, 2015 | $2.19 | Jul 9, 2015 | $1.52 |
| Jul 14, 2015 | $0.67 | ||
| Nov 29, 2015 | $2.19 | Jul 14, 2015 | $2.19 |
| Dec 6, 2015 | $2.19 | Jul 14, 2015 | $2.19 |
| Dec 13, 2015 | $2.19 | Jul 14, 2015 | $2.19 |
| Dec 20, 2015 | $2.19 | Jul 14, 2015 | $2.19 |
| Dec 27, 2015 | $2.19 | Jul 14, 2015 | $2.19 |
| Jan 3, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Jan 10, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Jan 17, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Jan 24, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Jan 31, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Feb 7, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Feb 14, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Feb 21, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Feb 28, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Mar 6, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Mar 13, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Mar 20, 2016 | $2.19 | Jul 14, 2015 | $2.19 |
| Mar 27, 2016 | $2.27 | Jul 14, 2015 | $2.27 |
Ask Magdalene a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.