Gladys

Subukia, Kenya

100% repaid

Entrepreneur

Name

Gladys

Member since

May 2013

On-time repayments

273 installments  •  4%

About Me

I am a married woman with five children, two boys and three girls. I live in Subukia a small town located along Nakuru-Nyahururu Road, on it's sides is the Rift Valley. Subukia is popularly known for tourism attraction sites like the Shrines and the Equator. I am a business lady with a diploma in Theology which i attained in 1987 at Ukambani Bible Collenge, I started a business so as to provide basic needs for my family and so being not much dependent on my husband. I purchase clothes and some footwear from the earnings that I get to add stock in my business and enable it keep running.

My Business

My business is a single partnership boutique. I buy and sell both (mitumba) and new clothes since both are of high demand. Their demand is high because they are of good quality and affordable to anyone. Customers prefer my business because of the availability of their preferences and i relate well with them and I also offer after sale services like transport if needed. The risk may arise when there is sudden change in climate which may contradict with the current stock but I try to adjust to it by adding new stock which corresponds with it. Due to availability of ready market I manage to get a profit of 20000ksh.this is after deducting the monthly costs such as rent, power bill and some minor ones ie revenue. I try to make sure that my business is running and no single day that I have ran out of stock.and this has been one of the trick i use to survive in the tough competition available.

Loan Proposal

After receiving the loan i am going to add more stock at my shop. Heavy clothes are moving at a high rate and having a variety of them will create a wide range of business expansion and thus making more profits. I will work hard so that i can achieve my dreams including opening a new branch since that will create a wide range of market. Thank you

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Loan Info

Project Type

Classic Loan

Disbursed amount

$479.00

Date disbursed

Sep 17, 2013

Repayment status

On Time

Projected term

16 months

Lenders

T

taiti123

Singapore, Singapore

L

lujabe

Melbourne, Australia

J

jjonas

berlin, Germany

Universal1

Melbourne, Australia

Sundstroms

Falun, Sweden

Quentin

Toronto, Canada

Susansfund

Colorado Springs, United States

Namaste250

Pittsford, United States

Alina

Amsterdam, Netherlands

Ingela

Falun, Sweden

scgtb

Sarasota, United States

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