Adding stock
Newton
Kisii, Kenya
$0 to go
100% funded of $305 goal
0
days left
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 stock in my boutique more especially Mens ware which of late have seen its fast moving.In the recent past i used to stock ladies clothes only but i came to realise for me to make good profits i must consider men tooo.Secondly, i will also put aside some money to adjust my shelves so as to accomodate more stock.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$305.00
Date disbursed
Mar 1, 2017
Repayment status
Late
Projected term
3 months
Other loans
Lenders
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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