Stock for my clothing boutique

Ann

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Ann

Member since

August 2020

On-time repayments

6 installments  •  67%

About Me

Am a Kenyan, born and raised in Meru County. I schooled in Chuka University in Tharaka Nithi County where i got trained as a secondary school teacher.
I have been teaching private schools till March this year when all the schools were closed due to covid-19 pandemic.

I then got some money from my husband and i decided to start a boutique business at Mombasa, Likoni area so that i can continue earning something since the schools were closed. This business has now flourished very well and make a profit of around kes. 2000 daily.
Am also married and am a mother of one daughter.

My Business

Currently am running a boutique business in Mombasa, Likoni area. I gets a profit of kes. 2,000 approximately daily. I out source my stocks locally in Mombasa Marikiti, though sometimes i go for my stock at Nairobi Eastleigh area where high quality garments are cheaply sold. This is my 5th Month since i started this business and i have realized is a good business.

Loan Proposal

Am requesting for a credit facility to increase my boutique business stock. This will enable me add more varieties of inner wears and men shorts that are on high demand

Income Source

I have started selling face mask that are on high demand during this time, i also sell high quality cloths thus have acquired a large clientele base in the region.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$46.00

Date disbursed

Sep 17, 2020

Repayment status

On Time

Projected term

4 weeks

Other loans

Lenders

John Minges

United States

KM

Kirk Moore

Cerdanyola del Vallès, Spain

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