Addition of stock (clothes and flowers)
Millicent
Kisii, Kenya
100% repaid
Entrepreneur
Name
Millicent
Member since
June 2016
On-time repayments
41 installments • 78%
About Me
I am 21 years old and a Kenyan citizen. I come from Kisii county. Currently, I am staying at Kisii town. I am a single mother. I am blessed with a baby boy who is now one and half years old. In my family, I am the first born in a family of six. My parents are business people. My father owns a shop and my mother owns a boutique. It is through them that I also ventured into business. I also own a small boutique at Kisii town outside Uhuru Plaza. I was influenced by my fellow business man (Newton Nyakundi) to also apply for a loan from your organization. He has tried it and he has expanded his business.
My Business
I sell clothes and flowers in my small boutique at Kisii town. I started with very little capital which I was given by my father. I have expanded more than when I started. I have great dreams of seeing my business grow.
I sell clothes because I felt clothes are basic, hence one can't miss customers. I decided to situate my business near banks. This has boosted my business since my customers may do impulse buying.
Actually, I get normal profits. Since I have many competitors, I am forced to adjust my prices in order to maintain customers. For trustworthy customers and regular customers, I can sell them items on credit. This has boosted my relationship with my customers.
I currently use the profits to expand my business since my kid has not joined school yet.
Loan Proposal
Am humbled once again to write to you zidisha family requesting for my loan approval. Am planing to add stock to my boutique. I will add a stock of about $150 I will add to my stock tops for ladies since they have higher demand compared to men clothes and few flowers .
This will help me maintain my customers with variety of tops. My customers will have confidence with me. They will know that I offer them with what they want. For my customers,they will have variaty to choose from.
I believe this can help my business grow even if it will be a small percentage. But generally it will have a big impact to my business.
About Me
am 21years old and kenyan citizen. i come from kisii county. curretly am staying at kisii town. am a single mother. am blessed with a baby boy who is now one and half year old. in my family am the first born in a family of six. my parents are business men. my father own a shop and my mother own a boutique. it is through them that i also ventured in business. i also own a small boutique at kisii town outside uhuru plaza. i was influenced by my fellow business man{ newton nyakundi} to also apply for a loan from your organization. he has tried it and he has expanded his business.
My Business
i sale cloths and flowers. I own a small boutique at kisii town outside uhuru plaza. i started with very little capital which i was given by my father. i have expanded more than i started. i have great dreams of seeing my business grow.
I sale cloths because I felt clothes are basic hence one can't miss customers. I decided to situate my business near banks. This has boosted my business since my customers may do impulse buying.
Actually I get normal profits. Since I have many competitors,am forced to adjust my prices in order to maintain customers. For trust worthy customers and regular customers, I can sale them on credit. This has boosted my relationship with my customers.
I currently use the profits to expand my business since my kid has not joined school.
Loan Proposal
Am humbled once again to write to you zidisha family requesting for my loan approval. Am planing to add stock to my boutique. I will add a stock of about $150 I will add to my stock tops for ladies since they have higher demand compared to men clothes and few flowers .
This will help me maintain my customers with variety of tops. My customers will have confidence with me. They will know that I offer them with what they want. For my customers,they will have variaty to choose from.
I believe this can help my business grow even if it will be a small percentage. But generally it will have a big impact to my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$192.00
Date disbursed
Jul 14, 2016
Repayment status
On Time
Projected term
7 months
Other loans
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