Additional stock for my business

Hellen

Nakuru, Kenya

20% repaid

Entrepreneur

Name

Hellen

Member since

August 2014

On-time repayments

26 installments  •  38%

About Me

My name is Hellen Nganga. i am a lady aged 25 and a second borne in a family of six. I operate an electronic general shop at Ngala Estate at Nakuru County.I went to Limuru Primary school for my primary school education, later joined Lughulu girls high school for my A-Level education. I later joined Acheavers college for my business course which i finished last year before venturing into business. I supply electronics to my customers such as TV set, Speakers, Radios Electronic cables. touches etc.

My Business

I operate a general shop worth Ksh. 50,000 at Nakuru County in Ngala Estate where i supply my customers with basic electronics like radios, Extension, Tv set, Speakers etc.
I will use the income earned to repay your loan and also to grow my business into a bigger business. My business is profitable since not everyone in my area is able to supply the same to their customers. Some of the risks involved is like Electricity short and Damage / breakage. Monthly cost approximates to Ksh. 10000. Sales ranges from Ksh. 20000- 25,000 every month.

Loan Proposal

I intend to buy additional speakers to my business. This is because most of my clients have requested for Sony one thus intending to fulfill their wishes. With this loan plus my savings, i will be able to stock the Sony electronics which will attract more clients and increase my profit at the same time.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$98.00

Date disbursed

Oct 17, 2014

Repayment status

Late

Projected term

4 months

Other loans

Lenders

A

Anonymous

United States

H

howard

Vence, France

T

tehmle

United States

Mikers

Netherlands

K

KiraDee

United States

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  • Hellen    Sep 30, 2014

    Thank you team for your financial support. it really helped me start a business . I am very greatful since I was able to be live my dream of becoming an entrepreneur. I am doing great

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  • Hellen    Sep 26, 2014

    I would like to reschedule my repayment schedule since the business has picked and i would like to repay the loan within the shortest time possible. This will enable me benefit for another bigger loan thus growing my business as intended to. I will soon be able to repay your loans within a short duration and later all join lenders to assist other small scale entrepreneurs.

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  • KickyCloudFangsIV    Aug 19, 2014

    GOOD LUCK!

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