42 installments • 93%
My name is Christine Mbinga, I sat for my fourth form in 2013. I am a mother of one daughter but stays with two children who are my immediate cousins this is so because they have been staying with their mother but she find it difficult in raising them so i had to chip in to make their future bright. I had been just a house wife when i found it difficult on depending on people so i decided to find a place and with the help of relatives i managed to start my own business of selling bevarages and shoes especially for ladies..
This side of the country climate is always favourable and we really thank God for that, Although my daughter is still young but i would like her to be a nurse when she grows up or else she has her own thoughts. My hobby is listening to music and offering help to people where i can.
I sell bevarages like sodas, water, minute maids, Novidas etc. They are on demand because most of people in Kenya here especially those with short time during lunch they take them as quick lunches and go back to work. The capital for starting it was not much, it was Kenya Shillings 15000 which i managed to raise from relatives. After selling I usually make sure that I only use half of the profit and save the other half so that I may be able to add stock. On the other hand I also manage to sell shoes for ladies this is so because I don't want to depend on bevarages alone.
When granted the loan I still want to add stock to my shop. That is still want to purchase shoes especially the new once in the market, since ladies like and goes with what is in fashion. I will use Kshs. 4000 ($39) of which I believe I will still make an extra profit more than the previous stock.
Mar 21, 2018
Cost to entrepreneur
Service fee: $1.76
Credit risk payment: $3.53