Name
Candy
Member since
March 2017
On-time repayments
15 installments • 0%
I was born in Siaya district, raised in Malindi, up until class 5, after which we moved to Nairobi with my parents in search of greener pastures. Forward back to 2010, when I did my KCSE and scored an A-. I was then called to pursue Actuarial Science at Moi University. My parents could not raise the funds to admit me so I applied for a HELB loan, which sustained me until I got my degree. I have always been an artist and I made the difficult decision to follow my talent instead of pursuing the corporate world. When business is good, it's REALLY good, but then when it's bad it's REALLY bad. I'd really appreciate your financial assistance at this point to help me raise the capital to really kick start this dream that I've had since I was a little girl. I'd love to own a workshop at the Godown Art Center where people can easily access me and view my works. Thank you for taking your time to consider my application
I make paintings and drawings for both individuals and organizations. The art industry really never goes out of demand. I chose this business because I have a real passion for art and I'm great at it. A portrait drawing usually goes for around ksh. 5000, making a profit of around ksh. 3000 after deductions. I use the profits to buy new materials and to assist my parents in paying my sister's school fees.
What will I buy with the loan?... I'll buy a metre long canvas so that I can paint a new piece for sale on an exhibition to be held on 3rd of May.
What benefit will it create to me?... A canvas usually sells for USD. 5 per metre and the painting will go for approximately USD. 50. This will enable me to expand my business and hopefully save enough to rent out a workshop.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
May 31, 2017
Repayment status
On Time
Projected term
5 weeks
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