Aleca's tablemats & ankara shop

Catherine

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Catherine

Member since

September 2018

On-time repayments

23 installments  •  48%

About Me

I am 26 year old. I am an Administrative Assistant working in the private sector.

My Business

My business entails selling tapestry tablemats online to my Facebook and instagram customers. I get my profits from the sales whereby I purchase from wholesalers at a fair price and sell at a profit to my online customers. I would like to introduce Ankara fabric to my existing business so that it can boost my business.

Loan Proposal

Hello, I would use the loan to increase my stock ahead of the festive season.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Oct 11, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

A

Anonymous

United States

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  • Catherine    Mar 27, 2023

    Thank you for your support in investing in my business. With the funds disbursed, I plan to purchase inventory that will ensure my customers get their purchased items on time and in good condition. This will make a difference in customer satisfaction and increase my sales. With the increase in sales, I plan to use the earnings to improve delivery efficiency and expand my business by purchasing more inventory. I expect my profits to increase by 20% with this strategy. Your support is greatly appreciated and I look forward to continuing to grow my business with your help.

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  • Catherine    Mar 27, 2023

    I am pleased to report that the funds disbursed were used to purchase inventory which has made a significant difference in ensuring my customers receive their purchased items on time and in good condition. This has resulted in an increase in sales, which has allowed me to reinvest in my business. Specifically, I have used the increased earnings to improve delivery efficiency and expand my business by purchasing more inventory. This has enabled me to better serve my customers and increase my profits.

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  • Catherine    Nov 24, 2019

    I was able to stock more mats and able to meet the orders from my customers on time. For the recent borrowed loan, it will be used to add more stock, since we are in the festive season and more people want to upgrade their mats for the visitors.

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  • Catherine    Nov 11, 2018

    I would use the loan to market my products on social media and do more research about getting affordable wholesalers.

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