Name
Naomi
Member since
June 2012
On-time repayments
42 installments • 2%
am a single mother of 4 children all who are all schooling. i live in naivasha kabatini plot no 144/1.i started my business off cloth because it is profitable in the area where i stay and as you know it is a one of the basic need.the earning of my business used it in paying my children school fees and upkeep of my family, and because i have no one to help me with the family thy depend in this business 100%and GOD help me . i dont have a husband because we departed about six year ago because he was drunker ed and didn't care about the family so i decided better to be a lone with my family.
my business entail in [mtumba] or selling second hand cloth in the area of this naivasha and where there is market. the business is marketable and the demand of my product is very high in the area. the main challenge is lack of finance to buy quantity of my product,transport, high price of commodity that is usually accelerated by drought in the area. i have been trying my best to have myself a place at the main market that was constructed by the County government and hopefully that i will make it so that i can stock more to be able to attract customer that will also have confidence in me that im situated somewhere ..
As we welcome the December festive season am planning on adding my stock of mitumba Clothes (Second Hands) since on this season many like to buy clothes of which my current stocks is not enough. With the loan applied i will use 20,000 for Tshirts that are motly liked by youths/ Teens, and 15000 i will buy a bail of Ladies tops. and from my savings i will pump again 15000 and that will enable my business to raise enough cash to cater for my bills as well as paying my Loan on time without fail.
I therefore request all lender to help me raise the money enough to add my stock.
Positive
None
Neutral
1
Negative
None
Project Type
Classic Loan
Disbursed amount
$418.00
Date disbursed
Dec 5, 2012
Repayment status
Late
Projected term
43 months
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