Buying rice, maize flour and sodas

Emily

Kegochi, Kenya

17% repaid

Entrepreneur

Name

Emily

Member since

March 2016

On-time repayments

89 installments  •  37%

About Me

Am Emily Wamaitha i was born in the year 1980 January 17'.i went to Primo primary school ,during my primary education my parents divorced my mum mother moved with me and my three siblings to Kibera slums becouse she was unable to pay the schoolfees ,lent and to feed us .through God is grace i managed to sit for my primary certificate in the 1993 i passed with frying colours i joined local secondary school because of many problems i was facing i opted to be married when i was in form three .Today i have three children ,throungh i have managed to but up business to support us and to assist my husband in paying their schoolfees .The business was doing well until these year January when all my kids joined good school because I knew of you take your child to a good school she will pass and you will have assisted that kid .Due to that my business went down I wished you could lend me some money to boost this business

My Business

My business is located at igare shopping center .its shop retail i sell domestic used staff such as soap,parafin ,vegetable oil,clothes and shoes.my goods are in demand becouse of the reduced price and my customers relation i treat them with respect . At igare there are less shops therefore there is high number turn up to buy from us hence increasing our product sell by day.i choose these business becouse of the high number of poeple living in the area and we have few shops to sarve them i took that oppurtunity to sell them m y goods.when i start this business i started with 200 dollars but today i get 20 dollars a day ,through this besiness am able to buy daily stuffs for the familly,to add to the school fess and to add on my stock

Loan Proposal

When I get these loan I will use 110 dollars to buy rice each 70kg bag will coast 50dollars each dollars for transport 90 dollars maize flour 10 dollars for soft drinks and the remaining money will be used to restock the items that have gone out of stock.During this holiday this loan will increased my profit margin high .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$270.00

Date disbursed

Dec 9, 2016

Repayment status

Late

Projected term

12 months

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