Add stock to my boutique

Newton

Kisii, Kenya

100% repaid

Entrepreneur

Name

Newton

Member since

February 2015

On-time repayments

61 installments  •  77%

About Me

My names are,Newton Nyakundi Nyamongo,i was born in a village by the name Bonyunyu in Nyanira County.I grew up in a hunble and God fearing family of three,As i grew up;i was aggressive in anything that will bring an extra coin little did i knew that after college i was to venture into business.
Immediately after college,i went through ups and down since i worked as labourer in My village.Tried to save the little i got so as to enable me to start a boutique.In our culture, land is a prime factor of production whereby one is required to protect fully

My Business

My business is all about Boutique,i sell dress,shoes for ladies,I choose this type of business because of its high demand of ladies wear and its profit,I contribute alot to my family and young sisters .Nevertheless...,when sales are good i do save so as to enable me to add stock...As time goes,am intending to purchase a piece of land and build some Rental houses for the purpose of increasing profits..,on the other hand i would also like to expand my business due to the high demand of customers hence create employment to many.

Loan Proposal

After getting the loan i will add some stock of ladies blouses costing 2 dollars each,due to this i will have good sales and also satisfy my customers with the latest they deserve..After the sales,i will expect about 80% profit

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 23, 2016

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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