Buy more stock for my furniture business
Minnie
Nairobi, Kenya
22% repaid
Entrepreneur
Name
Minnie
Member since
June 2020
On-time repayments
14 installments • 7%
About Me
My name is Minneh Muthoni. I am a single mother of two, a boy and a girl. I am a business woman dealing with furnitures and with general house hold merchandise.
I started my small business with funds borrowed from a women group I belong to. I have also benefited from loan issued by the Kenya Government. I have a good history of loan repayment; I currently do not have any other loan either with my bank or with my women group.
I am a very responsible person and I hope to grow my business very much and offer employment to other people in future.
My Business
I deal with furnitures and with general house hold merchandise. I sell these because these are things needed on a day to day activities especially by women who form a bigger percent of my clientele base. I choose this business because i had experience in sourcing and selling them having previous been employed by a multi-national firm dealing with imported furnitures. I use the profit i make to provide for my family and to save some cash for a rainy day.
Loan Proposal
I plan to buy more furniture for my business and also use some of the cash to transport already ordered furniture to my clients.
Income Source
I am able to work comfortably since the government has lifted the covid-19 restrictions they had put in place. Normal working hours have also resumed.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$90.00
Date disbursed
Jul 12, 2020
Repayment status
Late
Projected term
3 months
Other loans
Lenders
United States
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