Name
Mwongeli
Member since
August 2017
On-time repayments
31 installments • 55%
my name is mwongeli kivanga .am the seventh born of nine,
my name means addition in our local language .i grew up in a culture of competition where education is valued both as major a transition of life and a tool of empowerment.
in ups and downs of the family bringing,my parents have managed to make me attain q diploma in cooperative management and from my own initiative i have q diploma in business management and q certificate in entrepreneurship.
i believed that these tools will sharpen my passion and career,i began my clothing business after school.
my business entails clothing,printing and photocopy services. i began the business with the savings i had accumulated while in school.The operation cost is $60 that is rent,transport,and internet supply .the net profit is $150-$200.depending on customer turn up since it's a growing business the profits are used to for keep up and ploughed back in form of stock.till a desired level of income is attained.
after i have gotten the loan i will focus on adding stock to my business to improve its welfare and be able to meet customers demand and preferences.i will add some e capital that i have to the loan for a better stocking value.i will buy 20 blazers @$2,10 tops@$1,10 trousers @$1 and 20top dresses @$1 giving a total of $. 500.
i will add value to the society by providing what they need at a time a fair rate
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$57.00
Date disbursed
Sep 10, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Ask Mwongeli a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.