Boosting my business

Phylis

Kikuyu, Kenya

6% repaid

Entrepreneur

Name

Phylis

Member since

September 2015

On-time repayments

6 installments  •  0%

About Me

I am a married Kenyan and and a graduate in early childhood development.i got a loan and started a Mitumba Business that is doing so well for it has helped me overcome challenges of life,in my place people people are low financially hence appreciating this business.once my son grows up,i am sure he will like it.I left my teaching profession for Mitumba for i like it.

My Business

I sell Mitumba / clothes at a local Market in my area.i leave in a low income generating society that cant afford new makes,therefore high demand experienced.
i chose this business because i regarded the demand of the people.i started my business with 20000 ksh and to the profit, i re invest to boost the business and make it grow.

Loan Proposal

I will add my stock to make more profits, am intending to use 140 us Dollars to add the stock.the high the stock the more profits i will get. am projecting to get at least 3450 ksh more than before.it is my prayer that i will be considered as this business is working and would grow big if funded.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Oct 10, 2015

Repayment status

Late

Projected term

6 weeks

Lenders

Craig

Memphis, TN, United States

WE

Wendy Emlyn

Devon, United Kingdom

Taylor

Memphis, United States

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  • Earnest    Oct 30, 2015

    Hi lenders,
    It was my pleasure to advice Phylis Kimuhu on how she can keep on time payment and increase her loan limit.
    I have advised her to pay her first installment and then adjust her loan payment schedule to a lower amount.
    She has promised to do so.
    Thank you

    Log in to reply • Share
  • Phylis    Sep 24, 2015

    in the business

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