Entrepreneur
Name
Ruth
Member since
May 2017
On-time repayments
134 installments • 20%
About Me
I am Ruth Nangila, born in Bungoma but later my father was transfered to Nakuru county where we started a new life. I completed my school here and started doing farming and I later started my business of selling second hand clothes, shoes and curtains. The business is still young and am working hard to see it succeed into a large business.
A part from my business am also active member in my church where I serve as the secretary in church youth, I do also engage in charity by giving back to the community in the best way that I can.
My Business
My business operates from family premises where I have partitioned and live behind. This is meant to reduce cost of operation. I buy secondhand clothes in wholesale and sell at a profit. the profit i make is taken back to grow my business. currently I have a small stock and with the old sewing machine I have, I want to have it repaired so that I can also offer tailoring services.
This business has changed my life to the better since now i can comfortably take care of my needs. There are challenges like in any other business but I always ensure that I overcome them by giving my best.
Loan Proposal
In my second loan I would wish to purchase additional sewing machine, In my previous loan I was able to repair my sewing machine at a cost of USD45 though I received less amount, I did add my personal savings.
With this loan of about USD 165, I will top up again with about USD 235 to about USD 400 so that I can acquire new sewing machine (Amedo type) which from experience is durable. I do project that in future I can engage one employee who will assist in my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$163.00
Date disbursed
Jul 18, 2017
Repayment status
On Time
Projected term
38 months
Other loans
Lenders
Devon, United Kingdom
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Austria
Ask Ruth a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
nicole Oct 11, 2017
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