Stock for Boutique

Catherine

Nakuru, Kenya

34% repaid

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How it Works

Entrepreneur

Name

Catherine

Member since

February 2015

On-time repayments

133 installments • 69%

About Me

I am 30 years old, married and a mother of one. I was born and brought up in Kabazi in Nakuru county. I went to Maombi Primary School, afterward joined Kieni Secondary School then proceeded to Mt. Kenya University and pursued early child development (E.C.D.) where I was credited with the equivalent certificate after graduation.

In 2008 I was employed in nursery schools in Nakuru town, where I worked for 6 months. However, the terms were not impressive and, while I was still there, an idea came to my mind of how I could earn more through starting a daycare after seeing my friend excel in that business. For good or bad luck, my sister, who lived in Nakuru, her house help quit the job, and she requested me to leave my job and help her in taking care of her daughter. I didn't hesitate because I saw it as a chance to implement my idea. I disclosed my idea to her and she was ready to support me.

My Business

I started the daycare in my rented single room with my sister's daughter. She used to pay me KSH 150 ($1.50) per day. She was so supportive in marketing the job, and by the end of the month I was able to have 3 more kids, for whom I charged KSH 80 ($0.82) each per day.

I am a resilient person who believes in hard work, prayers and commitment in anything I do. Out of starting with just 1 kid in a single room, I have managed to attain a total of 14 kids, for whom I charge KSH 80 – 150, depending on the age of the child. I shifted to a one-bedroom house and rented an extra room specifically for a daycare. I am able to make a net profit of KSH 15,000 ($154) per month.

Loan Proposal

Hi,with a loan of 57,000 KS, i will be able to purchase a stocks worth the same amount: the stocks will includes,vests($200 DOLLARS),boxer($200)s,ladies pants( ALL WORTH $170) e.g hot pant(s,bikers,normal pants,ladies vests and bras. With the cash i will be able to buy in bulk thus at a lower cost an and be able to supply them in colleges,secondary schools and universities thus increasing the margin

Show original English

About Me

I am 30 years aged, married and a mother of one. I was born and brought up in Kabazi in Nakuru county, I went to Maombi Primary School, afterward joined Kieni Secondary school then proceeded to Mt Kenya University and pursued early child development ( E.C.D ) where I was credited with equivalent certificate after graduation.
In 2008 I was employed in nursery schools in Nakuru town where I worked for 6 months though the terms were not impressive and while I was still there an idea came to my mind of how I could earn more through starting a daycare after seeing my friend excellence in that business. For a good or bad luck, my sisters who lived in Nakuru, her house help quitted the job and she requested me to live my job and help her in taking care of her daughter. I dint hesitate because I saw it as a chance to implement my idea. I disclosed my idea to her and she was ready to support me.

My Business

I started the Daycare in my rented single room with my sister Daughter that she used to pay me ksh 150 per day. She was so supportive in marketing the job and by the end of the month I was able to have 3 more kids which I charged kshs80 each per day. I am a resilient person who believes in handwork, prayers and commitment in anything I do. Out of starting with just 1 kid in a single room I have managed to attain a total of 14 kids of which I charge kshs 80 – kshs 150 depending on the age of the child, shifted to a one bedroom and rented an extra room specifically for a daycare. I am able to make a net profit of Kshs 15,000 per month.