Winny
Migosi, Kenya
$0 to go
100% funded of $96 goal
0
days left
Name
Winny
Member since
March 2015
On-time repayments
18 installments • 39%
My name is Winny Olela, I am the 2nd born in a family of four. I was born in 1990.I went to lwanya primary school and later proceeded to Lwanya secondary school where I did my KCSE. I passed well ,but did not join tertiary insitution due to lack of finances.
i started my business after completing secondary school.my dad was ill and could not work and so we entirely depended omn my mum who was earning $60 from her work as a secretary. that was barely enough to take care of our needs. I joined Yap youth group where I contributed $3 per month.After 1 year I was qualified for $100 loan. I took the loan and bought materials for selling. The business did well and I was able to make some good profit. I settled on these business ,repaid my loan and I am now doing fairly well.
I actually started these business because I believed it was the most profitable venture,I still believe its the best business if i get the resources for expansion.
I am a planning to start a family next year and so there are no kids right now. I like traveling,meeting new people and singing.
my business ,involves supplying materials for making new dresses to both individuals who own dressing making shops.
I get good quality materials from neighboring,country Uganda and resell them to my clients in Kenya. the demand for my goods are relatively high throughout the year.
I choose these business because it had good profit margins and easy to manage.
I spend $1000 every month,for buying materials and traveling costs. my revenues per month is $1300.
I use my proceeds to pay fees for my sisters,buy medication for my dad and take care of other general living expenses.
Dear lenders thank you for the loan.I am doing well ,though had some small problems that made me not to repay on time. I am always committed to be honesty and trustworthy,please forgive me for the late payments. Please lend me $100 so that I can purchase ,the latest design of materials for resale. Thank you in advance
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Project Type
Classic Loan
Disbursed amount
$96.00
Date disbursed
Jul 2, 2015
Repayment status
Late
Projected term
6 weeks
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