Money to "increase stock for festive season"

Jane

Muchatha, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Jane

Member since

June 2014

On-time repayments

25 installments • 4%

About Me

Am Jane Nganga a lady born in a family of 8 other ladies and am proud to be the first born.I personally uphold high degree of integrity and I put God first in everything I do.Having grown up from a humble background,I went through alot in life but I found myself venturing into business more and I developed an interest in women stuff one two years ago and this was to become my daily source of bread.From the earnings that I make am able to afford a good lifestyle and at the same time I also surport some family members with the little I get.Am a christian that is involved in visiting the orphans and in mates during my free time and I do this through a group of friends.

My Business

This business of mine I can say it is rewarding if someone has the right help for in our country women have a culture of spending spree everyday all the time and this has favoured most businesses.I intend to repay my loan from my business since it has created the best platform.I have specialised in ladies shoes that I source from wholesalers around at a good price of USD 3 hence selling it to my clients at USD 6 thus leaving me with a profit of USD 3 per shoe.I have experienced a constant demand for ladies stuff over a while but one has to be innovative.On a monthly basis I make a profit of USD 180 after paying all the bills.

Loan Proposal

This is my second attempt to apply for the loan and it is my prayer that I will obtain favour from all lenders and the zidisha fraternity.In this season of festivity,everyone is ready to spend and as an enterpreneur I would wish to capitalise on this opportunity which I am convinced I will be able to get new stock in my line of business and by the end of this festive season I will be in a position to expand my business.In our country Kenya,we have a culture of spending expecially ladies and that is why I decided to ventgure into ladies accesories such as shoes which I buy from someone that ships them from China so my profit margin is good hence am guaranteed I will be able to repay my loan on time.