Name
Milka
Member since
February 2015
On-time repayments
45 installments • 44%
My name Milka Cherotich I come from a small village called Kapcheprotwa in Bomet County. I am a first born in a family of 10 including my parents,am also a single mom of a daughter.My childhood growing in this village was very interesting until when I finished schools when the real challenges of life began I finished my form four,then finished my college education where I pursued Business administration & management there the job search began but there were no jobs so I decided to start my own business.
I started my hotel business in another neighborhood county of Kericho ,the business was booming since I sold cheap available foods for middle class customers,my income I used to pay my rent both for the hotel and the house we lived in with my daughter,pay school fees for my daughter and meet other business expenses and managed to save a little but this didn't go on for long when the site I operated my business became no business zone several stalls were destroyed there by the county government, I took a break for a while in business until I recently ventured in poultry farming which I am currently working on it.
with the previous loan i bought chairs. and on this coming loan I will increase more chairs to rent in this festive season so the loan of usd 100 will enable me add more 20 chairs to the business. the price of one chair is usd 5 and the less amount I will add to ensure that I buy 20 of them. with the income of this festive season I will pay fees for my daughter.
Positive
2
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$99.00
Date disbursed
Dec 28, 2015
Repayment status
On Time
Projected term
2 months
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