Upgrade clothing stock

Celnael

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Celnael

Member since

January 2015

On-time repayments

117 installments  •  9%

About Me

.I took my savings and started the clothing business,I am a single mother,i have a three year old daughter,i run a successful clothing business,am a hardworker and good at negotiating,this has helped me build my business.i started the business from my savings.i love to read motivational books,

My Business

I own a boutique in donholm nairobi where i have been selling ladies clothes for the last 4years,in a week i make ksh3000 afer deducting all expenses part of the expense is my up keep and for my child.

Loan Proposal

I am applying for this loan to increase my stock with the latest, more fashionable stock that is on high demand.i already have orders for specific dresses.most of my dresess are from uganda where i have a supplier in this way i send her photos and she sends the clothes.she is reliable n i save on transport cost.in a week i make 3000 after deducting all expenses.with this loan i will increase my stock n attract a wider market,this will increase my profit and i will service the loan easily without fail.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 23, 2015

Repayment status

On Time

Projected term

27 months

Lenders

Hope2012

United Kingdom

DeanDropshot

Oslo, Norway

Zidisha

Sterling, United States

P

pmyadlowsky

Charlottesville, United States

O

oonbug

United States

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

L

leumasmc

United States

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  • Celnael    Oct 13, 2023

    Am working on some material,they need embroidery,my business has grown I have one employee,with time I will be able to buy the embroidery machine

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  • Celnael    Sep 9, 2015

    I have not been able to repay my loan,my business went under I had alot of debtors who defaulted which made making repayment even harder,I have learnt alot from this failure,I want to try and make repayment ,I may only afford shs100 a week.

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    • Hope2012    Sep 9, 2015

      Thanks very much for your honesty

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    • Stephen    Sep 12, 2015

      Yes you can pay that to increase your ratings Celnael.
      I know Lenders will feel encouraged by your proposal!!

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  • (Comment deleted by author)

    • Stephen    Jul 8, 2015

      It therefore meant that.....I have been trying to reach Celnael about loan repayment but she hasn't been keeping the promise citing low business . Am therefore left but to worry about her so much since its me who invited her to the group.

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  • John    Apr 6, 2015

    Dear Lenders,

    I have spoken with Celnael .She tells me business was down but she will update on 7/04/2015.

    Regards.

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  • Celnael    Mar 24, 2015

    my business has experienced low turnout in terms of customers,this has really reduced my returns,but am hoping it will soon pick up and i can be able to complete my loan,for now i ask for your understanding and thank you for your patience,i promise to pay my past balance and make sure i adhere to the payment procedure

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  • Celnael    Jan 29, 2015

    hi lenders thank you so much for the loan, i was able to order 5 brides maid clothes at 500 each and other new designs for sh.4000 .my clients are happy ,with the few sales i have made i can order more.thank you so much and God bless you all for the wonderful work you are doing.

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  • Celnael    Jan 22, 2015

    hi,lenders i am so happy for the funding,it has given me so much joy to know that my loan has been funded ,am so greatful and thankfull I will make sure i repay on time.Now i will be able to meet my orders and retain my customers,thank you and God bless,

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  • Celnael    Jan 15, 2015

    It is encouraging to know that there is hope for my business to grow

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