Boost my business

Angela Mathenge

Nairobi, Kenya

40% repaid

Entrepreneur

Name

Angela Mathenge

Member since

April 2014

On-time repayments

8 installments  •  25%

About Me

my name is angela mathenge 26 years of age a mother to a four year old girl.am a businesslady running a fashion boutique,doing what i love best,i love everything and anything to do with fashion.my hobbies are photography and i also love to create my own pieces in my own free time. i am an upcoming fashion designer..

My Business

i run a fashion boutique in the heart of nairobi dealing in ladies clothes,shoes,bags and accesories,nairobi women have become very fashion forward and i being a fashion lover,am using my passion to also generate income for me,my customers say i have a very unique taste and i sell products that not many other people sell,so i offer uniqueness.my business only requires capital for buying stock and paying rent for the shop,considering i make 100% even after my expenses.the only risks my business faces overstocking in a certain trend and within a short period of time another trend comes along,my month costs include rent for the shop us dollars 170,sales revenue us dollars 1500...

Loan Proposal

the usd. 44.7646 that i will receive il use to buy stock,i mostly deal in dresses that i buy at a cost of about usd.4,so i will get about ten pieces which i retail at a cost of usd.16,getting a profit of about usd.123 and from the profit i will have made that is after deducting the usd 44 from zidisha i will get some dresses.help me achieve my dreams i want to grow big in the fashion industry here in kenya.thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.14

Date disbursed

Jun 9, 2014

Repayment status

Late

Projected term

2 months

Cost to entrepreneur

Lender interest: $47.14 at 9.55% annual rate over 2 months = $0.87

Service fee: $0.32

Lenders

evinpa

United States

LadyPhi

Ontario, Canada

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

anonymous

Huntington, United States

trincowski

Vilar, Vila do Conde, Portugal

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