To pay shop rent and buy desses for sale

Janet

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Janet

Member since

April 2017

On-time repayments

109 installments  •  84%

About Me

I am a recent graduate of a degree course in public health. Thus in the pursuit of searching for employment and fending for myself, I decided to sustain my life through selling clothes and shoes. This business ensures that I get enough funds to sustain my lifestyle and ensures that I grow it in gradual steps to a fully fledged enterprise.

My Business

I started off my business by selling two pairs of rubber shoes from the little pocket money I had. From the profit obtained I went ahead to buy more shoes because of high demand, especially rubber shoes and clothes that are in high demand especially among the youth who are fashion savvy. I have been operating from home and I would like to expand my business by establishing a stall/shop where I can sell my merchandise in the next two to three months. I mostly deal in ladies' shoes and clothing and I would like to include jewelry and accessories into my business.

Loan Proposal

From the 350$ loan given.I will use 250$to pay rent for the shop at the market place and use 100$ to buy dresses to stock my shop for clients to purchase the dresses.The business will help me in catering for my daily basic needs such as house rent and food.I hope to expand my business with time and further my education by next year in the month of June.

Feedback

2

None

None



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Loan Info

Project Type

Classic Loan

Disbursed amount

$366.00

Date disbursed

Dec 7, 2018

Repayment status

On Time

Projected term

9 months

Lenders

MarktheMormon

Sandy, Utah, United States

L

ldron7

Utah, United States

MakeSense

-, St. Kitts and Nevis

ElWal

Kirn, Germany

Cloudways

Malta, Malta

ads68

Melbourne, Australia

ibc123

Seattle, United States

Paul Buchheit

Mountain View, United States

M

msabalau

United States

ThomasJosef

Berlin, Germany

Karijn

Amsterdam, Netherlands

BB

Ben Bellows

United States

N

Nick

United States

wissam

Jeddah, Saudi Arabia

A

Andrei

United States

I

isaac

United Kingdom

RC

Rudi Chen

United States

M

Margaret

United States

JF

J Fister

United States

Carrie

Arlington, MA, United States

Chris

Fairfax County Virginia, United States

Jennie

Milan, Italy

J

Netherlands

EA

Eric Ayers

Atlanta, United States

alexalexalex

Berlin, Germany

B

Bram

Germany

Nathan

Columbus, United States

GF

Gammon Family

United States

M

mhuuden

Netherlands

KO

Ken Oram

Warrington, United Kingdom

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

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  • Janet    Jul 28, 2019

    I used the money I got to rent a shop buy but I will be able to raise more after displaying the shoes at a strategic shop.

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  • Janet    Jun 25, 2019

    There was a challenge to sell shoes due to poor roads and rainy weather

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  • Janet    Apr 2, 2019

    business had been low due to insecurity issues in the area

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  • Janet    Mar 8, 2019

    The is low sales in shoe due to insecurity issues.

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  • Janet    Jan 11, 2019

    I am having financial challenges in getting enough money to pay for my loan due to the insecurity in the area of my business

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  • Dama    Dec 26, 2018

    I have just talked to Janet Mitei and she said she was having a problem that's why she delayed but promised to pay next week.

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  • Janet    Dec 6, 2018

    Hi,
    I shall utilize the funds raised in the following ways:

    a) buy stock i.e. clothes and shoes using $ 180 and hope to sell within the holiday season and make a good profit.
    b) The loan will help increase my revenues and maybe try other ventures.

    Thank you lenders for supporting my business.

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  • J    Dec 6, 2018

    Your loan is now fully funded. Please keep us posted with photos and news.

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  • alexalexalex    Dec 3, 2018

    Good luck Janet!

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  • Janet    Dec 2, 2018

    The loan given would be use to pay rent for shop for three months which is located strategically in market place for clients to purchase the shoes.The remaining amount would be used to buy dresses to add stock at the shop for sale.

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  • Janet    Oct 1, 2018

    There has been an issue in shoe sale as there is security crisis in the area.

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  • Janet    Jun 28, 2018

    The loan requested will help me pay for pay for rent,increase stock for my business and pay school fees. The loan has been helping me purchase more shoes for business.It has also reduced financial burden from my parents as I can cater for my needs from the business.

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  • Janet    Jun 17, 2018

    there has been an increase demand in the shoe market as the shoes has become trending among college students.

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  • Janet    Jun 3, 2018

    The rainy season has affected shoe sales.

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  • Janet    May 13, 2018

    there has been weather changes interfering with the business

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  • Janet    Apr 20, 2018

    Hi,

    There is a slowdown in business and I would like to recover a little.

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  • Janet    Apr 2, 2018

    there has been an decrease in shoe sale as there has been a lot of rains.

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  • Janet    Mar 22, 2018

    Hi,

    I have increased expenditures in terms of personal expenses thus reducing my disposable income.

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  • Janet    Mar 1, 2018

    there has been an increase in shoes sale.

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  • Janet    Feb 10, 2018

    Slowdown in business.

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