Entrepreneur
Name
Racheal
Member since
May 2017
On-time repayments
35 installments • 94%
About Me
Im grade 12 my road has not been easy, i starting the clothing business in 2007 by going door to door looking for customers. When im faced with hardship i pray to God at the same time go round selling my goods following where people are found until i sell someting. The unique thing about Choma is the way of life of people around here they are from village yet they love to work hard.
My business is growing gradually, the good part is I'm able to pay my bills and keep pushing for the increase of my capital.
My Business
I sell cloths for both ladie and men, casual and office wear. They are in demand because the town Choma was recently declared a provincial capital so people look for good cloths to look good at work. I choose selling cloths because each time someone look at me they use to admare the cloths i wear. I use part of my profit for school fees for my children as well as growing my business. My revenue is K48.00 and my costs are K750.00 per week.
I have to work extra hard because 2 of my sons are writing their grade 9 exams this year and next will be another story.
your assistance in this matter will help a lot.
and I would have loved if my loan was to be increased
Loan Proposal
Mens trouserses
20 chinos x $8
20 belts x $2
20 pants x $1.5
By adding this to my stock i will add up even with my profits to 30%
In near future if my loan will be increased i will be greatful because you have been helping me with adding on my childrens school fees.
May God continue to increase you as you are helping us grow in our business
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Loan Info
Project Type
Classic Loan
Disbursed amount
$83.00
Date disbursed
Nov 21, 2017
Repayment status
On Time
Projected term
8 weeks
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
United Kingdom
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