To boost my business of selling cthes and handbags

Pauline

Eldoret, Kenya

17% repaid

Entrepreneur

Name

Pauline

Member since

May 2017

On-time repayments

57 installments  •  61%

About Me

My names are Pauline wamuchwa and I was born in kakamega county in the year 1986. I joined navagholo primary school in the year 1991 and completed in the year 1998 and latter joined uasingishu high school and I completed in the year 2002. After I completed high school ,my father was retrenched from job and was unable to take me to college. I stayed home for five years and I was latter employed by my aunt to supply handbags to her cliants in eldoret town ,that is from the year 2008. I worked for her for five years because she paid me very little amount of money and in 2012, I had saved 20 thousand shs and I decided to start my own business.

My Business

My business is of selling handbags,briefcase and suitcase. This handbags are on demand since the year 2013 when our government enacted a law that barn the us of nylon bags because they said that paper bags are not good on environment and the Kenya n government emphasize more use of handbags and that makes me smile. I choose this kind of business because is the one that am experienced in and I know where to buy at a fare price and where to sale and get good profit because I was trained by my aunt when I worked for her.my net profit per month is 30000kshs per month. 10% to church, 20% my children's school,30% my house rent,30% reinvesting to grow my business.

Loan Proposal

Hello my dear lenders,im humbly requesting you kindly to lend me money that I will use to boost my business.330 dollars can highly help me because from it, I will but 20 pieces of handbags and 3 bales of clothes .after whole sales, I will get around 250 dollars as profits and it will help me to educate my son as well as an orphan that is under my care. Thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$280.00

Date disbursed

Apr 24, 2018

Repayment status

Late

Projected term

8 months

Lenders

Richard Griebe

La Jolla, United States

Stefan Koshold

Mülheim, Germany

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Summary

Amount repaid

$48.34

Amount remaining

$232.39

Expected completion

Jan 5, 2019

Status

Repaying late

Installment amount

$31.53

Repayment History

Expected Payments Actual Payments
May 5, 2018 $31.53 May 5, 2018 $31.53
May 12, 2018 $1.00 May 12, 2018 $0.99
May 20, 2018 $0.01
May 19, 2018 $1.00 May 20, 2018 $0.98
May 26, 2018 $0.02
May 26, 2018 $1.00 May 26, 2018 $0.97
May 26, 2018 $0.03
Jun 2, 2018 $1.00 May 26, 2018 $0.46
Jun 10, 2018 $0.53
Jun 9, 2018 $0.45 Jun 10, 2018 $0.45
Jun 16, 2018 $0.00
Jun 23, 2018 $1.00 Jun 16, 2018 $0.99
Jul 2, 2018 $0.01
Jun 30, 2018 $1.00 Jul 2, 2018 $0.98
Jul 17, 2018 $0.02
Jul 7, 2018 $0.97 Jul 17, 2018 $0.97
Jul 14, 2018 $0.00
Jul 21, 2018 $0.00
Jul 28, 2018 $1.00 Jul 29, 2018 $1.00
Aug 4, 2018 $1.00 Jul 29, 2018 $0.04
Aug 20, 2018 $0.96
Aug 11, 2018 $0.03 Aug 20, 2018 $0.03
Aug 18, 2018 $0.00
Aug 25, 2018 $0.00
Sep 1, 2018 $0.99 Oct 3, 2018 $0.99
Sep 8, 2018 $0.00
Sep 15, 2018 $0.00
Sep 22, 2018 $0.00
Sep 29, 2018 $0.00
Oct 6, 2018 $0.00
Oct 13, 2018 $0.99 Nov 4, 2018 $0.99
Oct 20, 2018 $0.99 Nov 17, 2018 $0.99
Oct 27, 2018 $0.99 Dec 15, 2018 $0.99
Nov 3, 2018 $0.99 Jan 10, 2019 $0.99
Nov 10, 2018 $0.99 Jan 20, 2019 $0.99
Nov 17, 2018 $31.53 Jan 21, 2019 $0.49
Feb 5, 2019 $0.49
Feb 11, 2019 $0.49
Nov 24, 2018 $31.53
Dec 1, 2018 $31.53
Dec 8, 2018 $31.53
Dec 15, 2018 $31.53
Dec 22, 2018 $31.53
Dec 29, 2018 $31.53
Jan 5, 2019 $13.14

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