Mary Florance
Eldoret ,kamukunji Bondeni Estate, Kenya
44% repaid
Name
Mary Florance
Member since
May 2015
On-time repayments
42 installments • 21%
My name is Mary Florence , and Iam aged 32 years old.I was born in Nyaza province a place called Usenge.I went to school and dropped out of form 2 due to poverty and lack of school fees
I am married and blessed with 5 children. The eldest daughter is in Primary school class 7 while the other four all boys boys are in class 5,3,1 and baby class respectively .
My husband was the soul bread winner of my family but as the family increased in number he decided that we should start atleast some business to boost our income .
My business is grocery in Eldoret Town Municial Market,Uasin gishu county ,Kenya.I buy and sell green vegetables ,carbages ,all types of grains ,eggs and all types of fruits and honey.I started the business three years ago.
My customers prefer my business because I am always there to serve them and they never find us closed .I choose the business because it requires small capital to get started and also it is highly profitable ,there is high demand for the products that we are selling to them. The Market being the main market in town is over crowded or densely populated .The risk my business faces is scarcity of products due to lack of enough capital to stock fully.
My l monthly Gross profit or income before these expenses is usually approximately US$ 400 .I normally use the profits from my business as follows :
50% to support family up keep
10% to support my local church
30% i put back in business stock
20% savings
Thanks all the lenders for giving me an opportunity to borrow from your reputable lending community. God bless you.
My proposal is that is I will be funded I will use all the money to add stock of my business to enable me continue being competitive in the market I intend to buy watermelon of 50us dollars and then onions of good quality 15 us dollars and the remaining 35 us dollars I will stock Honey.
God bless you I look forward to your wise consideration and support.
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jun 12, 2015
Repayment status
Late
Projected term
9 months
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