Name
Kennedy
Member since
February 2016
On-time repayments
228 installments • 14%
I am the third born in a family of 4 children,I am 24 years old married with one child.I went to longisa primary school and longisa day school for secondary education. I then joined kenya medical training institute but dropped out when my parents passed on. I took a loan from my uncle that I used to start a second hand cloths but the business did not do well,so I dried my hand on women foot wear,the business picked up well and am now working on the expansion plan.
in our land the staple food is ugali and most people engage in small scale farming. different communities have cultures to which they stick on.
my child is still young , but he is sharp and loves people,iam working hard to give her better life.
during my free time,I socialize with friends,watch football and sing for our church. I am also youth leader and therefore I engage my group on social services such as cleaning,planting trees and visiting the sick and orphans.
I provide foot wear for women both open shoes,closed shoes and hand bags. The demand for the goods is high as the place is densely populated and the my prices are very fair and affordable.
I choose these business because it is very profitable and easy to manage,the demand for the goods is also good.
My montly typical costs are $400 and my monthy income are $600. I spend the proceeds from the business on buying basics for my family and paying my fees,i save the rest for reinvestment.
After adding childrens shoes in my shop using the first loan ,I have realised that I can make good profits when I add children cloths ,as most parents prefer buying something for themselves as well as the kids. I would use the money to buy cloths for kids and I expect my revenues to improve by25%. Thank you for you kindness.
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Project Type
Classic Loan
Disbursed amount
$203.00
Date disbursed
Jun 16, 2016
Repayment status
Late
Projected term
49 months
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