Beaded sandals

Bernard Mwangi

Nairobi, Kenya

96% repaid

Entrepreneur

Name

Bernard Mwangi

Member since

July 2016

On-time repayments

176 installments  •  39%

About Me

My name is Bernard Gitonga. I was born in Nyahururu,Laikipia county. I attended St. Paul's academy upto class 7 then later moved to Nairobi and completed my primary at New Highlight school, Dagoretti. After that I attended Muhuri Muchiri High School where I did my K.C.S.E. in the year 2014. Later joined Skylink Flight Services where I'm currently pursuing an aeronautical engineering course.
I have passed through hardships but I have been able to overcome them by doing labour jobs such as in constructions sites,and was able to make some savings which have enabled me start my business.
The very unique thing about where I live is the availability of tourists coming to visit the place I stay due to the beautiful ornaments,beaded sandals,maasai kikoi's,and african art pictures sold around my place, and since I am a business oriented personnel I have decided to make a move in the art industry.
I am still single and not yet married since still I'm a student.
My hobbies are visiting places and observe how people from other cultures live and also watching documentaries is a great hobby to me.

My Business

I provide maasai beaded sandals,maasai vikoi's,beaded wrists bands and necklaces.
The goods I do provide are really on demand locally and also internationally since most of the people are really attracted by the genuinity of the leather made goods that I provide.
I chose this kind of business since it is rewarding and customers are always available to buy the awesome goods hence also in marketing via the social media has really been of great boost and help.
My typical costs are in regard of the type and size of the part of the goods I provide and hence they are wallet fit for every person who may be in need of them. My revenue are worth since also the value added tax is include in my goods.
I use my profits in paying part of my school fees and also expanding my business as well as feeding my self and paying for my life insuarance.

Loan Proposal

I will use this loan to purchase new materials for my sandals productions. The cost for the materials will include $10 for the beads and a 10Inch by 7Inch leather material.
I will gain more profit which will enable me expand my business hence to others I will help them understand that self employment is great and profitable more so this will be to the young people.
I am looking forward for a 30% profit from my sales.

Feedback

4

None

None

  • Margaret    Feb 1, 2018

    Excellent repayment!

    Log in to reply • Share
    • Bernard Mwangi    Jun 12, 2018

      thanks margaret...
      I will be repaying my loan in time and I will be graduating this november

      Log in to reply • Share
  • Margaret    Oct 12, 2017

    Bernard paid his loan off perfectly, I would gladly lend to him again!

    Log in to reply • Share
  • Margaret    Apr 10, 2017

    Bernard paid off his loan in a timely manner and was a pleasure to work with. I would gladly lend to him again and encourage others to do the same.

    Log in to reply • Share
  • Wendy Emlyn    Apr 9, 2017

    Bernard has made fairly regular payments, and has fully repaid his loan on time

    Log in to reply • Share


Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$18.81

Date disbursed

Jan 8, 2017

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $0.78

Lenders

WE

Wendy Emlyn

Devon, United Kingdom

K

Kenny

United States

M

Margaret

United States

Ask Bernard a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...