To increase my stock in the new business i have opened

Grace

Nairobi-kahawa Wedani, Kenya

2% repaid

Entrepreneur

Name

Grace

Member since

February 2015

On-time repayments

102 installments  •  47%

About Me

Iam Grace Wambui i was born in 1987 in thika ,kiambu county. Am a mother to one girl aged 12 years and a beauty and a saloonist. Through the support of my parents i went to my primary education later my secondary education in the year 2007 .later after completion of my secondary education through the support of my father he game me some small funds to start selling cosmetics and the profit which i made i was able to buy some saloon equipments. Am happy because the place where i located my job is a busy place due to the surrounding school and colleges thus making my income to be favorable. my child is happy about me and she wish to be an engineer in her time when she grows up. As a hobby i like and love swimming and making food.

My Business

In by area of business ,most of the services i lender are making hair for women, and selling cosmetics . This services makes my business so popular in the area especially by ladies because most of my customers are from within the area.I admire the job so much and i decided to have that kind of business because there is no any other of the same kind and thus i have no competition for that side. having the business alone in the area , it make me to have a profit of about 188.9 US dollars per month which is capable to meet all my domestic needs and paying the rent of the house that i live and that of business.

Loan Proposal

When I get the loan together with my savings i'll use 100.1 Us dollars to create more space for more customers in need of aesthetic services. 200.5 Us dollars will be spent for the addition of beauty products like cutex hair braids and others In beauty products, 150 Us dollars will be used to increase skincare products, 150 Us dollars will be used to increase hair products like hair braids and 100Us dollars in home accessories due to their high demand. This will enable my customers to enjoy my cosmetics services and my products and also will make the profits to increase. I also expect the profits to increase by 50%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$413.00

Date disbursed

Feb 12, 2016

Repayment status

Late

Projected term

60 months

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$9.00

Amount remaining

$425.75

Expected completion

Mar 8, 2017

Status

Repaying late

Installment amount

$1.00

Repayment History

Expected Payments Actual Payments
Feb 24, 2016 $1.00 Feb 13, 2016 $1.00
Mar 2, 2016 $1.00 May 18, 2016 $1.00
Mar 9, 2016 $1.00 Jun 14, 2016 $1.00
Mar 16, 2016 $1.00 Sep 20, 2016 $1.00
Mar 23, 2016 $1.00 Sep 29, 2016 $1.00
Mar 30, 2016 $1.00 Oct 7, 2016 $1.00
Apr 6, 2016 $1.00 Dec 8, 2016 $1.00
Apr 13, 2016 $1.00 Dec 27, 2016 $1.00
Apr 20, 2016 $1.00 Jan 7, 2017 $1.00
Apr 27, 2016 $1.00
May 4, 2016 $1.00
May 11, 2016 $1.00
May 18, 2016 $1.00
May 25, 2016 $1.00
Jun 1, 2016 $1.00
Jun 8, 2016 $1.00
Jun 15, 2016 $1.00
Jun 22, 2016 $1.00
Jun 29, 2016 $1.00
Jul 6, 2016 $1.00
Jul 13, 2016 $1.00
Jul 20, 2016 $1.00
Jul 27, 2016 $1.00
Aug 3, 2016 $1.00
Aug 10, 2016 $1.00
Aug 17, 2016 $1.00
Aug 24, 2016 $1.00
Aug 31, 2016 $1.00
Sep 7, 2016 $1.00
Sep 14, 2016 $1.00
Sep 21, 2016 $1.00
Sep 28, 2016 $1.00
Oct 5, 2016 $1.00
Oct 12, 2016 $1.00
Oct 19, 2016 $1.00
Oct 26, 2016 $1.00
Nov 2, 2016 $1.00
Nov 9, 2016 $1.00
Nov 16, 2016 $1.00
Nov 23, 2016 $1.00
Nov 30, 2016 $1.00
Dec 7, 2016 $1.00
Dec 14, 2016 $1.00
Dec 21, 2016 $1.00
Dec 28, 2016 $1.00
Jan 4, 2017 $1.00
Jan 11, 2017 $48.31
Jan 18, 2017 $48.31
Jan 25, 2017 $48.31
Feb 1, 2017 $48.31
Feb 8, 2017 $48.31
Feb 15, 2017 $48.31
Feb 22, 2017 $48.31
Mar 1, 2017 $48.31
Mar 8, 2017 $2.27

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