Carribbean textiles

Nelly

Malindi, Kenya

100% repaid

Entrepreneur

Name

Nelly

Member since

November 2020

On-time repayments

24 installments  •  67%

About Me

My name is Nelly currently residing in Kilifi county.
Having been brought up in a humble background.i managed to get a diploma in travel n tourism & customer service.Got employed in different organizations but since the pay was low I always had a side husle business to make ends meet.
I have since left employment and vuntured fully in Business.

My Business

I run a textile business which is a prime business in the locality am in.
I get materials in bulk (rolls) and i retail them to the market.other than material s I also get accessories like zips ,threads,kneedles etc .this goes along with the tailoring needs.
The market is there for this and much more and the supply is low.Wholesalers are also not many so the demand is high .

Loan Proposal

Given this loan I want to Buy some few accessories that I need to add in my business.this includes zips,threads,sewing needles,machine oil.
Am currently not having enough and the demand is rising with the festive season around the corner

Income Source

Am in business and the current location am in,and the area of business we are not so much affected.so with the sales I make each day I will set aside some cash to clear the loan within the stipulated time frame.we are optimistic that the season is going to be favourable it being the peak for the textile business

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$45.00

Date disbursed

Nov 17, 2020

Repayment status

On Time

Projected term

4 weeks

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Nelly    Mar 24, 2021

    I got sick and admitted in the hospital since mid January and its really been hard for me to make ends meet the reason I want to make the adjustment for the premiums
    Thank you for your understanding

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  • Nelly    Jan 20, 2021

    That k you for the loan
    I will add stock to my bussines

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  • Nelly    Jan 20, 2021

    Thank you for this opportunity
    I appreciate you help in terms of the loan provided
    I did add more stock in my growing business
    I now have a variety of the materials and accessories
    Given this other loan am going to still build up since in my line of bussiness growth is paramount in terms of variety and quality
    Thank you for your support

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  • Nelly    Dec 16, 2020

    Thank you for the approval of the loan.it will facilitate me to get more stock for the business
    I intend to buy more cotton materials

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  • Nelly    Nov 22, 2020

    Hello my name is Nelly and am glad I received 5000 loan
    I did get add some stock in my textiles business
    Thank you so much for your assistance

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  • Nelly    Nov 16, 2020

    Thank you for the loan that you have given me.
    Am going to buy some stock for my business ie accessories like zips and threads since I deal with textiles
    It will help me boost my business
    Thank you

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