Buying computer for the business

Ann Kiratu

Ruaka, Kenya

100% repaid

Entrepreneur

Name

Ann Kiratu

Member since

August 2019

On-time repayments

76 installments  •  51%

About Me

My name is Ann. I am a graduate of Jomo Kenyatta University of Agriculture and Technology. I graduated in 2011 with a Bachelor in Purchasing and Supplies Management. From 2013, I have been working in various NGO's and while in the process, i decided to start my own business. I started off my business in the kitchen ware and clothing sector. However, I am now currently operating in the clothing and accessories niche which has over the time picked up.

I am an industrious business lady with a vision of growing my business and increasing my income. i'm passionate about business and i'm looking forward to grow towards achieving my personal business targets.

My Business

Previously, i have been dealing in kitchenware, clothing and shoes. After assessment of my business and reviewing the areas of my business that had the most impact, I have recently narrowed down my business to a women's clothing and accessories niche with a high concentration in shoes. I am currently concentrating on this niche because from experience, the demand from women for these products is high.

Re-strategizing my business has had a positive impact as i have been able to have one area of business to concentrate on and thus been able to meet my client's need. Since my business capacity is small at the moment, i am currently reinvesting the profits i get back into the business in order to grow. I am in the process of increasing the stock levels in my business and getting a loan will help boost my business as the Kenyan market is now opening up. If i get a loan, I will be able to increase the stock and thus serve more customers and this will increase the sales levels per week and this sales turnover will help me to repay a certain amount weekly towards the loan that I will be advanced with.

Loan Proposal

I would like to buy a computer for my business. Currently, we are doing manual records. I would like to automate and have all our records on computer drive for easier reference and stock takes.

Income Source

I am regenerating the profits back into the business to ensure growth of the business. I also adopted online marketing to drive more sales for the business

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Jan 16, 2021

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $23.43

Credit risk payment: $93.72

Optional expediting fee: $46.86

Lenders

Cloudways

Malta, Malta

S

SheilaB

Nashville, United States

numbat

Perth, Australia

Mike and Jacqui

United Kingdom

Dave Bogard

New York, United States

LJ

United States

Tam Thao Nathan

United States

Ren

Minneapolis/StPaul, United States

Rosella

Australia

R

Ru

New York, United States

GR

Gabe Radovsky

United States

Black and White Zebra

Vancouver, Canada

Brian Herrmann

Chicago, United States

B

Berend

Netherlands

Ask Ann a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...