Support capital for my supplies business

Carolyne Musyoki

Kitengela, Kenya

14% repaid

Entrepreneur

Name

Carolyne Musyoki

Member since

July 2014

On-time repayments

318 installments  •  50%

About Me

Hi lenders.
I am Carolyne Musyoki a Kenyan citizen by birth. I am 36 years old. I have been raised up in a big family of 13 children. My parents have been doing small scale farming till now and they were able to educate us to different levels.
I have gone through primary education all through to university level and I have a bachelor's degree in Agricultural economics and resource management and a master's degree in Fisheries resource management.
I have been applying for jobs and have not gotten a chance yet so I have been doing business for sometime now. My first business was selling cosmetics and beauty products and have also reared chicken and fish. Currently I am involved in Supplies business were I have a company which is registered. The supplies business is good for me but I have been facing challenges like lack of good capital and delays in payment. My major goal and dream is to see my company grow big to be an international company which will give job opportunities to young people who are jobless. I would also love to see myself being able to sufficiently provide for my family, my parents and give back to the society.

My Business

I have had several businesses but now I am doing general supplies were I have a company registered and in the special group category of youth. My company is 4 years old and it has been growing slowly due lack of capital. The products which I deal with include:
General office stationary
Fresh vegetables.
Cereals.
Electronics.
Hardware materials
Printing services.
I do not have a place to stock either of the product I supply but I source them from wholesalers when I get the orders. I love doing this business more than any other I have done in the past because I see a bright future through it for myself and others. At the moment I have gotten tenders to supply vegetables and stationary materials and the lack of enough capital has been a major challenge. I am sure that if I get financing I will be able to do more for myself and others who are in need.

Loan Proposal

I intend to use the loan to support my supplies business which at the moment is my only source of income. The loan will be a big boost to me as I will use it wisely to expand my business by looking for more tenders. My goal is to grow my company so that in future I will be able to support others by offering them a job.

Feedback

2

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$284.59

Date disbursed

Feb 8, 2020

Repayment status

Late

Projected term

17 months

Cost to entrepreneur

Service fee: $11.99

Credit risk payment: $64.75

Lenders

Kitty

Hailsham, United Kingdom

ElWal

Kirn, Germany

G

glomardor

Leonardtown, United States

Treesforpeople

Oxfordshire, United Kingdom

Anna Hoad

Toronto, Canada

Kevin

San Francisco, United States

Ren

Minneapolis/StPaul, United States

Vratik Krocik

Prague, Czech Republic

Nethanel Kohen

NYC, United States

John

United States

JR

Jose Ramirez

World, Spain

Rosella

Australia

S

sarah

Germany

Ask Carolyne 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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Summary

Amount repaid

$41.10

Amount remaining

$243.49

Expected completion

Aug 1, 2021

Status

Repaying late

Installment amount

$8.14

Repayment History

Expected Payments Actual Payments
Feb 16, 2020 $23.72 Feb 25, 2020 $23.72
Feb 23, 2020 $1.97 Mar 26, 2020 $0.99
Mar 26, 2020 $0.99
Mar 1, 2020 $0.00
Mar 8, 2020 $0.00
Mar 15, 2020 $0.00
Mar 22, 2020 $0.00
Mar 29, 2020 $0.99 Apr 5, 2020 $0.99
Apr 5, 2020 $0.99 Apr 10, 2020 $0.99
Apr 12, 2020 $0.00
Apr 19, 2020 $0.00
Apr 26, 2020 $0.00
May 3, 2020 $0.01 Apr 29, 2020 $0.01
May 10, 2020 $0.01 May 27, 2020 $0.01
May 17, 2020 $0.01 May 27, 2020 $0.01
May 24, 2020 $0.01 May 27, 2020 $0.01
May 31, 2020 $0.00
Jun 7, 2020 $0.00
Jun 14, 2020 $0.00
Jun 21, 2020 $0.01 Jun 23, 2020 $0.01
Jun 28, 2020 $0.01 Jun 23, 2020 $0.01
Jul 5, 2020 $0.01 Jun 23, 2020 $0.01
Jul 12, 2020 $0.01 Jun 23, 2020 $0.01
Jul 19, 2020 $0.01 Jun 23, 2020 $0.01
Jul 26, 2020 $0.00
Aug 2, 2020 $0.00
Aug 9, 2020 $0.00
Aug 16, 2020 $0.01 Aug 19, 2020 $0.01
Aug 23, 2020 $0.01 Sep 8, 2020 $0.01
Aug 30, 2020 $0.01 Sep 8, 2020 $0.01
Sep 6, 2020 $0.01 Sep 8, 2020 $0.01
Sep 13, 2020 $0.01 Sep 8, 2020 $0.01
Sep 20, 2020 $1.04 Sep 8, 2020 $0.06
Oct 9, 2020 $0.99
Sep 27, 2020 $0.00
Oct 4, 2020 $0.00
Oct 11, 2020 $0.00
Oct 18, 2020 $0.01 Oct 27, 2020 $0.01
Oct 25, 2020 $0.01 Oct 27, 2020 $0.01
Nov 1, 2020 $0.01 Oct 27, 2020 $0.01
Nov 8, 2020 $0.01 Oct 27, 2020 $0.01
Nov 15, 2020 $0.01 Oct 27, 2020 $0.01
Nov 22, 2020 $0.15 Oct 27, 2020 $0.05
Dec 1, 2020 $0.10
Nov 29, 2020 $0.00
Dec 6, 2020 $0.01 Dec 9, 2020 $0.01
Dec 13, 2020 $0.01 Dec 30, 2020 $0.01
Dec 20, 2020 $0.01 Dec 30, 2020 $0.01
Dec 27, 2020 $0.01 Dec 30, 2020 $0.01
Jan 3, 2021 $0.01 Jan 25, 2021 $0.01
Jan 10, 2021 $0.09 Jan 25, 2021 $0.09
Jan 17, 2021 $0.00
Jan 24, 2021 $1.08 Jan 28, 2021 $0.10
Feb 8, 2021 $0.99
Jan 31, 2021 $0.00
Feb 7, 2021 $0.00
Feb 14, 2021 $1.97 Feb 19, 2021 $0.99
Mar 18, 2021 $0.99
Feb 21, 2021 $0.00
Feb 28, 2021 $0.00
Mar 7, 2021 $0.00
Mar 14, 2021 $0.00
Mar 21, 2021 $8.14 Jul 2, 2021 $0.99
Jun 24, 2022 $4.93
Oct 26, 2022 $2.23
Mar 28, 2021 $8.14 Oct 26, 2022 $0.73
Apr 4, 2021 $8.14
Apr 11, 2021 $8.14
Apr 18, 2021 $8.14
Apr 25, 2021 $23.72
May 2, 2021 $23.72
May 9, 2021 $8.14
May 16, 2021 $10.95
May 23, 2021 $10.95
May 30, 2021 $10.95
Jun 6, 2021 $10.95
Jun 13, 2021 $10.95
Jun 20, 2021 $23.72
Jun 27, 2021 $10.95
Jul 4, 2021 $10.95
Jul 11, 2021 $10.95
Jul 18, 2021 $10.95
Jul 25, 2021 $10.95
Aug 1, 2021 $22.88

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