Adding stock to my business

Irene

Nairobi, Kenya

7% repaid

Entrepreneur

Name

Irene

Member since

November 2017

On-time repayments

5 installments  •  20%

About Me

I was born and schooled at Gitundu sublocation in othaya division in central kenya. My early childhood is like any other middle african child quite normal without any luxuries but a happy life.I attended high school at othaya still while my parents faced fee problems and whatsoever to get me through. After i attended Compiter education but jobs didnt come often.
Am married now and i started my business on curtains ,bed wares ,pillows on second hand clothes.i buy imported clothes and sell them at a profit.This business was due to need to support my husband on our goals . My culture forbades women owning businesses but it is changing and we earning as well as men.I jave a daughter and i want a good home for her thats why am working on this for better living.

My Business

I sell second hand goods at a price to gain profit.I go for goods imported and sell them those include sheets,bedcovers,pillows and curtains.They are in demand as not everyone can afford new good quality goods from shops and these are good quality second hand but almost new.
For every business you check demand and preference and location.my business is in residential area so my choice depended on it.
My profits sometimes double when i take goods in bales and am lucky my business has picked up with more referrals. I use my profits to expand and cater for my family fees abd daily uses or emergencies

Loan Proposal

I expect to add up this amount to the amount slated for new supplies.More goods will be achieved and hence variety to customers for choice.My shop will expand tje choices of customer for choice of variety in the neighboirhood and my family income will increase hence a stable living income.I expect with this amt a range of starting income growing at 10% while customers get used i expect this percentage to increase.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$19.00

Date disbursed

Dec 2, 2017

Repayment status

Late

Projected term

4 weeks

Other loans

Lenders

Atheist4good

United States

John Minges

United States

Paul Buchheit

Mountain View, United States

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