Stock replenishment

Mary

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mary

Member since

September 2017

On-time repayments

105 installments  •  38%

About Me

My name's are Mary Gichangi.

I am 30 years old and with three children.

I have been brought up in a family of 10 children.
It has not been easy for us because my mum was a mini bus driver back then and had to go an extra mile of selling charcoal just to sustain us.

She was really hardworking and she managed.
l learnt through her how to handle business and customers because we could help her with the business over the weekends.

She is my hero.

My Business

I sell ladies shoes, this is a journey which I started when my employer denied me some time off to do my Master's,I did not give up and so I did a promotion of an energy drink that gave me some small capital to start up. I bought ladies clothes, bags, shoes etc.
I decided to do business while l study.

I sell ladies shoes mostly because ladies love shoes, they can have so many pairs for all occasions.

My business has great potential as l have seen my clients request for more variety and styles of shoes.

Loan Proposal

Greeting's,

I would like to apply for another loan so that i can continue replenishing my stock.
I intend to use around 300$ to restock, and the 100$ balance for advertising, airtime and logistics.

This will help me to continuously cater for my needs and those of my children.
Hopefully i will also grow one day to opening a shop and employ people.

I expect to have returns of around 40% in terms of profit.

Thank you.

Mary.

Feedback

1

None

None

  • Liz Dovey    Jan 30, 2018

    Good on you Mary for your determination to continue your studies by your own efforts. I admire your efforts. Very best wishes for both your studies and your enterprise! - Liz from Australia

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$393.99

Date disbursed

May 28, 2018

Repayment status

On Time

Projected term

2 months

Lenders

ads68

Melbourne, Australia

Grant Xavier Storer

Seattle, Wa, United States

HCPSPIRIT

Helsinki, Finland

Paul Buchheit

Mountain View, United States

Mark Rowlatt

Peterborough, UK, United Kingdom

Carrie

Arlington, MA, United States

Amon Munyaneza

Kigali Rwanda, United States

DY

David Yang

Vancouver, Canada

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Summary

Amount repaid

$394.17

Amount remaining

$0.00

Date repaid

Aug 20, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 9, 2018 $34.49 Jun 19, 2018 $34.49
Jun 16, 2018 $34.49 Jun 19, 2018 $34.49
Jun 23, 2018 $34.49 Jul 6, 2018 $34.49
Jun 30, 2018 $34.49 Jul 12, 2018 $34.49
Jul 7, 2018 $34.49 Jul 20, 2018 $34.49
Jul 14, 2018 $34.49 Aug 1, 2018 $34.49
Jul 21, 2018 $34.49 Aug 1, 2018 $34.49
Jul 28, 2018 $34.49 Aug 4, 2018 $34.49
Aug 4, 2018 $34.49 Aug 20, 2018 $34.49
Aug 11, 2018 $34.49 Aug 20, 2018 $34.49
Aug 18, 2018 $34.49 Aug 20, 2018 $34.49
Aug 25, 2018 $14.78 Aug 20, 2018 $14.78

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