Name
Lorna
Member since
August 2016
On-time repayments
166 installments • 52%
I am a graduate from Kenyatta university Kenya with a bachelor's degree in special education.Normally i would have pursed a job inline with my course but as fate would have it, i decided to follow my passion.I have a great interest in fashion and trends.I have previously worked as a sales person and a marketer and i discovered i had good negotiation skills and most times i would close my conversations with a sale.Therefore i decided to try selling women's handbags and alas the venture was a success.I have since sold more than 60 handbags this year.I do this by marketing myself online through my Facebook page.Moreover am working on opening an Instagram account to reach more clients.I do not have a shop and i am certain if i have one, it will be a great boost for my business as it will enable me to stock clothes and shoes.
I majorly sell women's handbags.They are a three piece collection in other words 3 in 1.I normally get them from a supplier who ships them in Kenya through Kampala.I have not been able to import the bags myself due to limited capital.
The bags are marketed online through my Facebook page, Bags Emporium where i engage with customers and henceforth do free deliveries.I also rely on whatsap to showcase the products and it has been a success for two years.
Apart from this, i do online academic writing and this helps me to sustain myself and would assist in loan repayment.
Hello lenders this is my fourth loan and I am really grateful. I am planning to purchase 40 three in one handbags at a total cost of $22 per bag. Since I don't have a strategic shop where my customers can come and purchase. I market the products via Facebook.For the advertisement, I will spend $200 to pay for online advertisement and branding. I will spend the remaining $398 for transportation and door to door deliveries. The profits I make for this venture will enable me to clear the loan on time.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,457.00
Date disbursed
Jul 9, 2018
Repayment status
Late
Projected term
21 months
Other loans
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Allie Sep 11, 2017
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