Additional inventory for my toy business
Beatrice
Nakuru, Kenya
5% repaid
Entrepreneur
Name
Beatrice
Member since
July 2013
On-time repayments
66 installments • 0%
About Me
I am called beatrice wanjiru njoroge, twenty three years of age. polite, humble and God fearing. Am the first born in a family of four,one sister and two brothers. I am blessed with a lovely daughter. have schooled upto form four level and planning to resume next year with college. I like reading,swimming and bonding with daughter during free time.I started my business in late 2012 because of the desire to self empower myself and also to start depending on myself. most of the earnings i make i plough back so as the business grows to the level i will feel satisfied. i believe in myself and I get what i focus my mind on. That's me.
My Business
Hope all is well with you. My business deals with selling second hand toys that get imported then i get them from mombasa port upto nakuru town. I started in 2012 with my saving of around $100. My products are on demand because they are durable,available and very unique from the ones found in local supermarket. It's almost two years and in that period i have ready customers to the extend others take on credit. The business is profitable because i spend 90$ per bundle and averagely the returns per bundle is 200$. I tested the business with one foot but i am in with both feet. I will use the loan to stock and employ one lady to assist me in running the business and i plan to re-pay the loan from the returns. Help me do this and i will appreciate so so much. Regards.
Loan Proposal
Thank you one again. With this loan i will buy add inventory to the one i have, this will help me increase cash inflows and reduse average cost substantially like re-ordering cost for instance. i will have good level of stock and hence employ one person to assist me in distribution because since i have most of my customers contacts who are working then i will start taking the products to them where they are. the most important benefit it will create is that i will be able to create a job opportubity and help that youth who is jobless. Lenders please support me achieve my dreams, i have started a journey and i never looking back. Thank you!
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 1, 2014
Repayment status
Late
Projected term
15 months
Ask Beatrice a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.