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Roselyne

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Roselyne

Member since

February 2014

On-time repayments

28 installments  •  50%

About Me

I am a Kenyan single Lady aged 25,second born in a family of four.I graduated in Jomo Kenyatta University with a bachelor of commerce specializing in Finance in 2012.I opted to start business because it was a easy way of self employment as i apply and wait to get a job in the formal sector which will be a good thing since i will be able to expand my business and the business would have gotten a good financial standing then hopefully.I am able to manage my business since i have skills that are required in this field from my back ground in finance.I use the profit that i get from the business to restock and cater for my basic needs.

My Business

I started my business from my own personal savings of KES 50000.i have specialized in women clothing,shoes and bags. i also sourced some funds worth 30 000fromfriends and family Since i started i have been able to expand the business and secured a physical shop in Nairobi town along mfangano street, swingmart stalls number B10.I post my products in social sites like face book and twitter.The challenge i am now facing is that the demand is high and supply is low because i don't have enough funds to buy enough stock

Loan Proposal

when i get the loan of KES 3225 i will buy dresses since most of my clients are teachers who prefer official dresses to suits .the dresses will cost me at a whole sell price KES 600 ,i will sell the dresses at a retail price ranging from 1500-2000 hence making a profit between 900-1400 hundred per dress this will help me pay the loan without difficulty and be left with enough money to restock.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 23, 2014

Repayment status

On Time

Projected term

5 weeks

Lenders

W

Walter01

Kingston, Canada

A

anagnan

BRUXELLES, Belgium

pvilliger

Zurich, Switzerland

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