Entrepreneur
Name
Jane
Member since
January 2015
On-time repayments
312 installments • 87%
About Me
-I am a Married woman aged 53 I am the bread winner in my family
-I went to school up to primary level.
-One day I tried to start a business of selling paraffin but due to the high interest that the bank needed the business collapsed,I was supposed to pay the loan monthly but after taking the loan they changed to weekly which made me strain a lot to service.
-I started knitting when my business collapsed because I still needed to support my family and husband I started by knitting to my friends who after displaying my products in there Homes I got new customers which made the number to increase that’s how my business has been expanding.In Eldoret the population is so high and this is a good environment for my Business to grow.
I come from Kiambu and married to my Husband Who comes From Siaya I have been living in Eldoret for the past 30 yrs.
My Business
-I buy knitting threads from Eldoret town a role cost 1 $ each 1 set takes about 32 roles of thread which cost about 3200 /=(36 Us dolars) Kenyan shillings it varies with pattern in one month I can make 4 sates Which gives a nett profit of 5400/= (62 US Dollars)profit while my monthly expense are approximately 18200/=(209 US dollars)
The following is how I use my profit
10% give tithe to the Church
75% upkeep and food
10% support my grand Children
5% saving.
Loan Proposal
If my loan is funded, I will be able to Buy knitting yarns worth Ks 70,000 ( US$ 700) and at least employ somebody to help me with the work. The balance I use to buy a machine to assist now in the work costing Ks 39,000 (US$3900)
This will help us increase the production for I will buy a machine and more staff to work with me in knitting. Because the demand is increasing due to the kind of products we are producing. My customers will be getting what they want at the right time because we shall making may table ready for the market.
At the moment I am making a weekly profit of Ks. 10,000 which I believe will increase to at least Ks15,000 by the time I get the loan and buy the materials for the business.
I want to thank you in advance for funding my loan application. I will remain faithful as I have always done and pay even before my due date.
Feedback
Positive
6
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,076.00
Date disbursed
May 28, 2019
Repayment status
On Time
Projected term
13 months
Other loans
Lenders
Hong Kong, Hong Kong
New York, United States
Newport, United States
Charlottesville, United States
WOLLONGONG, Australia
Tempe, United States
Chicago, United States
Stamford, USA, United States
San Diego, United States
Germany
Østre Gausdal, Norway
Beach City, United States
Oslo, Norway
South Bend, United States
Lahr, Germany
Canada
United States
United States
United States
Sacramento, United States
Tampa, United States
Germany
Switzerland
United States
United States
France
United States
United Kingdom
United States
United States
United States
United States
United States
United States
Brazil
United States
Germany
United States
Oshawa, Canada
United States
Switzerland
United States
United States
Hong Kong
Germany
Netherlands
Germany
Hamburg, Germany
United States
United States
United States
United States
United States
United States
Asheville, Nc, United States
United States
United States
United States
United Kingdom
Israel
Portland, Oregon, United States
United States
Antwerpen, Belgium
Australia
Canada
San Jose, Costa Rica
United States
United Kingdom
Malaysia
Germany
Ireland
Australia
Neuss, Germany
Alice Springs, Australia
Atlanta, United States
Germany
India
Germany
Germany
United States
Australia
United States
Canada
United States
United Kingdom
Norway
Switzerland
Ask Jane a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Summary
Amount repaid
$1,076.76
Amount remaining
$0.00
Date repaid
Jul 5, 2020
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jun 9, 2019 | $19.71 | Jun 11, 2019 | $19.71 |
| Jun 16, 2019 | $19.71 | Jun 16, 2019 | $19.71 |
| Jun 23, 2019 | $19.71 | Jun 25, 2019 | $19.71 |
| Jun 30, 2019 | $19.71 | Jul 2, 2019 | $19.71 |
| Jul 7, 2019 | $19.71 | Jul 7, 2019 | $19.71 |
| Jul 14, 2019 | $19.71 | Jul 15, 2019 | $19.71 |
| Jul 21, 2019 | $19.71 | Jul 22, 2019 | $19.71 |
| Jul 28, 2019 | $19.71 | Jul 28, 2019 | $19.71 |
| Aug 4, 2019 | $19.71 | Aug 4, 2019 | $19.71 |
| Aug 11, 2019 | $19.71 | Aug 12, 2019 | $19.71 |
| Aug 18, 2019 | $19.71 | Aug 18, 2019 | $19.71 |
| Aug 25, 2019 | $19.71 | Aug 28, 2019 | $19.71 |
| Sep 1, 2019 | $19.71 | Sep 4, 2019 | $19.71 |
| Sep 8, 2019 | $19.71 | Sep 9, 2019 | $19.71 |
| Sep 15, 2019 | $19.71 | Sep 17, 2019 | $19.71 |
| Sep 22, 2019 | $19.71 | Sep 23, 2019 | $19.71 |
| Sep 29, 2019 | $19.71 | Oct 1, 2019 | $19.71 |
| Oct 6, 2019 | $19.71 | Oct 7, 2019 | $19.71 |
| Oct 13, 2019 | $19.71 | Oct 15, 2019 | $19.71 |
| Oct 20, 2019 | $19.71 | Oct 22, 2019 | $19.71 |
| Oct 27, 2019 | $19.71 | Oct 29, 2019 | $19.71 |
| Nov 3, 2019 | $19.71 | Nov 4, 2019 | $19.71 |
| Nov 10, 2019 | $19.71 | Nov 12, 2019 | $19.71 |
| Nov 17, 2019 | $19.71 | Nov 18, 2019 | $19.71 |
| Nov 24, 2019 | $19.71 | Nov 25, 2019 | $19.71 |
| Dec 1, 2019 | $19.71 | Dec 2, 2019 | $19.71 |
| Dec 8, 2019 | $19.71 | Dec 9, 2019 | $19.71 |
| Dec 15, 2019 | $19.71 | Dec 18, 2019 | $19.71 |
| Dec 22, 2019 | $19.71 | Dec 26, 2019 | $19.71 |
| Dec 29, 2019 | $19.71 | Dec 29, 2019 | $19.71 |
| Jan 5, 2020 | $19.71 | Jan 6, 2020 | $19.71 |
| Jan 12, 2020 | $19.71 | Jan 13, 2020 | $19.71 |
| Jan 19, 2020 | $19.71 | Jan 21, 2020 | $19.71 |
| Jan 26, 2020 | $19.71 | Jan 30, 2020 | $19.71 |
| Feb 2, 2020 | $19.71 | Feb 10, 2020 | $19.71 |
| Feb 9, 2020 | $0.00 | ||
| Feb 16, 2020 | $19.71 | Feb 13, 2020 | $19.71 |
| Feb 23, 2020 | $19.71 | Feb 20, 2020 | $19.71 |
| Mar 1, 2020 | $19.71 | Feb 28, 2020 | $19.71 |
| Mar 8, 2020 | $19.71 | Mar 4, 2020 | $19.71 |
| Mar 15, 2020 | $19.71 | Mar 12, 2020 | $19.71 |
| Mar 22, 2020 | $19.71 | Mar 24, 2020 | $19.71 |
| Mar 29, 2020 | $19.71 | Mar 30, 2020 | $19.71 |
| Apr 5, 2020 | $19.71 | Apr 7, 2020 | $19.71 |
| Apr 12, 2020 | $19.71 | Apr 13, 2020 | $19.71 |
| Apr 19, 2020 | $19.71 | Apr 25, 2020 | $19.71 |
| Apr 26, 2020 | $19.71 | May 4, 2020 | $19.71 |
| May 3, 2020 | $19.71 | May 12, 2020 | $19.71 |
| May 10, 2020 | $0.00 | ||
| May 17, 2020 | $19.72 | May 16, 2020 | $19.71 |
| May 26, 2020 | $0.01 | ||
| May 24, 2020 | $19.72 | May 26, 2020 | $19.70 |
| May 31, 2020 | $0.02 | ||
| May 31, 2020 | $19.72 | May 31, 2020 | $19.69 |
| Jun 6, 2020 | $0.03 | ||
| Jun 7, 2020 | $19.72 | Jun 6, 2020 | $19.68 |
| Jun 13, 2020 | $0.04 | ||
| Jun 14, 2020 | $19.72 | Jun 13, 2020 | $19.67 |
| Jun 22, 2020 | $0.05 | ||
| Jun 21, 2020 | $19.66 | Jun 22, 2020 | $19.66 |
| Jun 28, 2020 | $19.72 | Jul 1, 2020 | $19.71 |
| Jul 5, 2020 | $0.01 | ||
| Jul 5, 2020 | $12.50 | Jul 5, 2020 | $12.50 |
nicole May 5, 2019
nicole Dec 7, 2017
Loading...