Entrepreneur
Name
Phylis
Member since
February 2014
On-time repayments
63 installments • 11%
About Me
Am Phylis a mother of three kids and a business woman dealing with handcrafts,i started this business after working for 4 years in a restaurant that i had been employed to immediately after high school.I operate from a makeshift outside my place where i live in Githurai,Its been a very lucrative business for i have also managed to train over 70 people on the same at a fee.I make customized carpets,fluffy mats,serviette boxes and bead work.Through this work i have also been able to pay all my bills including school fees for my children with ease.
My Business
On a regular month am able to get $ 550 in profit since i work alone i don't have salaries to pay except myself.But as i grow i need to hire more workforce to ensure i have enough finished products for clients who need ready made, unlike most of the clients who do order for customized goods according to their preference which they pay for a commitment fee making it less risky.With the loan i will buy more materials for the business like the beads,yarn,crotchets and tapestry mats.I will also be able to pay the loan without fail through this business.
Loan Proposal
With the loan it will help me expand profitability in my business by adding more raw materials to make the mats and the bead work,also will be able to create at least one more job vacancy by getting someone to help make the mats at the same time offer the knowledge to the individual.I will be able to increase the ready made products thus making it easier for clients who don't want customized products.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 10, 2014
Repayment status
Late
Projected term
14 months
Lenders
Summary
Amount repaid
$60.01
Amount remaining
$119.60
Expected completion
May 1, 2015
Status
Repaying late
Installment amount
$23.53
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 20, 2014 | $11.18 | Feb 19, 2014 | $11.18 |
| Feb 27, 2014 | $0.01 | Feb 19, 2014 | $0.01 |
| Mar 6, 2014 | $4.71 | Mar 22, 2014 | $4.71 |
| Mar 14, 2014 | $4.71 | Mar 22, 2014 | $4.71 |
| Mar 21, 2014 | $4.71 | Mar 22, 2014 | $4.71 |
| Mar 28, 2014 | $0.00 | ||
| Apr 4, 2014 | $0.00 | ||
| Apr 11, 2014 | $2.94 | Jun 30, 2014 | $2.94 |
| Apr 18, 2014 | $2.94 | Jul 3, 2014 | $2.94 |
| Apr 25, 2014 | $0.00 | ||
| May 2, 2014 | $0.00 | ||
| May 9, 2014 | $0.00 | ||
| May 16, 2014 | $0.00 | ||
| May 23, 2014 | $0.00 | ||
| May 30, 2014 | $0.00 | ||
| Jun 6, 2014 | $0.00 | ||
| Jun 13, 2014 | $0.00 | ||
| Jun 20, 2014 | $0.00 | ||
| Jun 27, 2014 | $0.00 | ||
| Jul 4, 2014 | $0.00 | ||
| Jul 11, 2014 | $0.00 | ||
| Jul 18, 2014 | $1.76 | Jul 26, 2014 | $1.76 |
| Jul 25, 2014 | $1.76 | Jul 26, 2014 | $1.76 |
| Aug 1, 2014 | $1.76 | Mar 26, 2015 | $1.76 |
| Aug 8, 2014 | $0.00 | ||
| Aug 15, 2014 | $0.00 | ||
| Aug 22, 2014 | $0.00 | ||
| Aug 29, 2014 | $0.00 | ||
| Sep 5, 2014 | $0.00 | ||
| Sep 12, 2014 | $0.00 | ||
| Sep 19, 2014 | $0.00 | ||
| Sep 26, 2014 | $0.00 | ||
| Oct 3, 2014 | $0.00 | ||
| Oct 10, 2014 | $0.00 | ||
| Oct 17, 2014 | $0.00 | ||
| Oct 24, 2014 | $0.00 | ||
| Oct 31, 2014 | $0.00 | ||
| Nov 6, 2014 | $0.00 | ||
| Nov 13, 2014 | $0.00 | ||
| Nov 20, 2014 | $0.00 | ||
| Nov 27, 2014 | $0.00 | ||
| Dec 4, 2014 | $0.00 | ||
| Dec 11, 2014 | $0.00 | ||
| Dec 18, 2014 | $0.00 | ||
| Dec 25, 2014 | $0.00 | ||
| Jan 1, 2015 | $0.00 | ||
| Jan 8, 2015 | $0.00 | ||
| Jan 15, 2015 | $0.00 | ||
| Jan 22, 2015 | $0.00 | ||
| Jan 29, 2015 | $0.00 | ||
| Feb 5, 2015 | $0.00 | ||
| Feb 12, 2015 | $0.00 | ||
| Feb 19, 2015 | $0.00 | ||
| Feb 26, 2015 | $0.00 | ||
| Mar 5, 2015 | $0.00 | ||
| Mar 13, 2015 | $0.00 | ||
| Mar 20, 2015 | $0.00 | ||
| Mar 27, 2015 | $23.53 | Apr 4, 2015 | $23.53 |
| Apr 3, 2015 | $23.53 | ||
| Apr 10, 2015 | $23.53 | ||
| Apr 17, 2015 | $23.53 | ||
| Apr 24, 2015 | $23.53 | ||
| May 1, 2015 | $25.48 | ||
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