Entrepreneur
Name
Millicent
Member since
January 2013
On-time repayments
44 installments • 64%
About Me
my name is millicent wanjiku aged 31years and i am akenyan citizen.I am married with two children.i live in Githunguri estate.i finished my high school in 1999 and joined college in 2001 up to 2003 where i pursued a certificate course in pharmacyy and dispensing.Later i was employed i a District hospital as a pharmcist for two years and also in a epz company for thee years until i was retrenched
i decided to start my own business from the savingsi had accumulated.I started selling clothes shoes,schoolbags,plastic items like buckets basins and also utencils like plates cups,spoons,coooking pans ettc/
This business has helped me purchase a small piece of land and i am still putting up my house there with the proceeds from this business.
I am able to restock my business and support my family and parents at home.
My Business
My busines is called hope shop.it is located along the tarmac near bus stage opposite wings supermarket
i deal with goods like clothes shoes,schoolbags,plastic items like buckets basins and also utencils like plates etc
people prefer my business because i sell my products at an affordable price that most low income earners can afford.The competition is relatively high because of other traders dealing in the same goods but i ensure that i m ahead of my competitors by bringing quality products every time.I already have many customers and my business is profitable.
The main challenge is lack of additional capital to help me expand further and be more competitive.
Monthly income is as below
total income per month 43,000/=
total expenses per month 30,000/=
profit per month 13,000/=
Loan Proposal
i plan to expand the small hotel that i started,the money will be used to add more food stock and buy new utensils,the population of working people is really growing fast in this area i want to cash in on that by providing them with affordable food and maintaining high quality at all times.i plan to expand the small hotel that i started,the money will be used to add more food stock and buy new utensils,the population of working people is really growing fast in this area i want to cash in on that by providing them with affordable food and maintaining high quality at all times.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$83.00
Date disbursed
Mar 3, 2017
Repayment status
On Time
Projected term
2 months
Lenders
Newport, United States
Charlottesville, United States
Fontvielle, Monaco, Yemen
Australia
Netherlands
United States
United States
United States
United States
Sweden
San Ramon, CA, United States
United States
United States
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Will Oct 12, 2017
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