Stock of handbags, earrings and necklaces for my shop

Aminah Mwaka

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Aminah Mwaka

Member since

August 2014

On-time repayments

69 installments  •  67%

About Me

I have been raised by both parents with problems in educating me, gladly have done a course in business management. I overcome hardship by staying strong and try and find solution to a problem that has given me hard time. The people i leave around with mostly are youths and we leave as a family where a problem arises we put our heads together and try and solve. My child want to be a n engineer and fix machines. My hobby is to browse on the internet on lates fashion and trends.

My Business

i am in the business where i am selling women's hand bags of different shapes,sizes and colors. ear rings and necklaces. The goods are on high demand because they want to look good and keep with the latest fashion. I chose this business because i had no job and i had passion for fashion. right now i make $ 120 net profit per month which my fist loan has helped me to achieve that. The profit i get some i save up for my child's education and rest i save up in the bank.

Loan Proposal

The loan will help me buy more stock for the second shop i open recently within the c.b.d in my town. The bags and accessories will cost at $320 which i receive in bulk. This has open another door to success in my business and i will employ two women which i will be reducing the unemployment rate in my country. i expect my business to increase up to 40% profit combination with the other shop for a short period of time. This loan will help me much better to succeed.

Feedback

5

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$360.55

Date disbursed

Jan 1, 2015

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Lender interest: $360.55 at 5.25% annual rate over 8 months = $13.62

Service fee: $9.59

Lenders

frankcalberg

Zürich, Switzerland

neffe

Berlin, Germany

C

Canlender1

Nanaimo, Canada

zebby24

Ft.myers, United States

C

cperkins

United States

S

Spock

Koeln, Germany

carlos vendrell

Barcelona, Spain, Philippines

D

DerChristian

Rostock, Germany

HI

Highly Improbable

Saskatoon, Canada

Irvin

Vancouver, Canada

J

johan

Oslo, Norway

Kitty

Hailsham, United Kingdom

torelizer

Reggio Emilia, Italy

A

aniculai

GENK, Belgium

P

purina

Turku, Finland

aarongabrielson

Heber City, United States

Raoul72

Naarden, Netherlands

J

Johnrock702

Saint Augustine, United States

E

evanglend

Arlington, United States

E

ericcamden

Berkeley, United States

D

dterryn

Brussels, Belgium

J

JaMinLu

Concord, United States

H

Halli

Bottrop, Germany

G D Export

Kolkata, India

B

bhalter

Eau Claire, United States

Maartje

Hinteregg, Switzerland

M

marcelitohb

Bremen, Germany

russelldjs

London, United Kingdom

JillV

Corning, United States

foreverchanges

Krefeld, Germany

Vintagebeeinc

Youngsville NC, United States

M

mykitchenwand

Abbotsford, Canada

N

nba1999

Beijing, China

J

jasontoheal

Geraldton, Australia

S

Sreval

Manly, Australia

dmirpuri

Bangkok, Thailand

B

Budgie81

Norwalk, United States

JulianHF

London, United Kingdom

C

cktsai

United States

R

RJonR

United States

Paul Buchheit

Mountain View, United States

T

tomspalla

United States

Guillaume

Rimouski, Canada

johnhudson

Washington, DC, United States

D

Dowdin

United Kingdom

A

avital

United States

G

gvstars

United States

M

Mscov

United States

F

Foster

United Kingdom

KM

Kirsty M

United Kingdom

Family Mueller

Petershagen, Germany

C

Carol

Falmouth, United States

Fabian Linzberger

Vienna, Austria

W

Wade

United States

Ask Aminah a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Aminah Mwaka    Nov 29, 2022

    Thanks for funding me. I will increase my stock of business items and Get good profit to increase more stock for my business

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  • Aminah Mwaka    Nov 29, 2022

    The amount I received help me increase stock and I made a good profit

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  • Aminah Mwaka    Sep 29, 2022

    Will buy some pieces of vitenge and ladies shoes. Increase my stock and expand my business. Thanks so much for supporting my project

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  • Aminah Mwaka    Sep 29, 2022

    I will increase my stock for vitenge and adding ladies. Thanks so much for your support

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  • Aminah Mwaka    Sep 29, 2022

    I made a good profit on my project which has enabled me pay on time

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  • Aminah Mwaka    Aug 19, 2022

    Increase my stock of vitenges and bring different varieties/types which will help me making good profit.
    Thanks for supporting my business and funding it

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  • Aminah Mwaka    Aug 19, 2022

    I made good profit when add a new stock of vitenges to my business which has also made me pay my loan on time and the extra I gave back to the community

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  • Aminah Mwaka    Jul 26, 2022

    I will buy vitenges to and add my stock for leso and deras. It will increase my profit and making payment easy.Thanks so much members for funding my project be blessed

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  • Aminah Mwaka    Jul 26, 2022

    It help me increase my stock for leso,Dera and handbag

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  • Evans Baya    Aug 29, 2015

    hi. i have just called Amina Mwaka on the phone and has informed me that she is having some problems abit but planning to clear her arrears soon. Baya

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  • JillV    Jul 30, 2015

    Hi Aminah - I'm so happy that you are catching up on your payments. Things must be going well. I have confidence in you and would love to hear an update when you have a chance. God bless you!

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  • Evans Baya    Jul 3, 2015

    hi i have called Amina Mwaka and has promised me to clear her loan arrears by next week friday. Baya

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  • Evans Baya    May 22, 2015

    hi lenders i have called Aminah Mwaka on her phone and has promised to pay her arrears on Monday next week. Baya

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  • JillV    Jan 16, 2015

    Congratulations on making your first payment! Please send a picture of the new handbags when you can.

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  • Kitty    Dec 31, 2014

    Congratulations on being funded, I hope this loan helps you to improve business

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  • Aminah Mwaka    Dec 24, 2014

    i purchased handbags with the loan to increase stocks to my stall. The purchase has enable me to increase my profit and now opening another stall. I have saved up the increased earnings. The loan has done great, thank you very m,uch.

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  • Aminah Mwaka    Dec 24, 2014

    Thank you lenders for believing in me and giving me the loan to improve my business. The loan has helped me alot and am looking forward to get another loan.

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  • Kitty    Dec 22, 2014

    For some reason feedback is not working but well done on completing payments thank you

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  • Kitty    Sep 11, 2014

    I hope the new stock goes well

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