Millicent
Nairobi, Kenya
$0 to go
100% funded of $10 goal
0
days left
Name
Millicent
Member since
September 2015
On-time repayments
16 installments • 6%
Graduated from the university of Nairobi with an upper second class honours. After loosing my job, i started selling kids toys and shoes as a source of income. I have since grown and now sell diapers online too. To overcome hardships, I read stories of successful people and try change the way I am doing things in life. My hobby is socializing. I started my business from a chamma contribution. We have a merry go round, so when I received my share I directed it to buying my first stock. My child is still a toddler but I pray she becomes someone great.
My business provides kids toys, shoes and washable diapers. I use the profits to improve my home and reinvest in my business. Typical costs are at least 5000 depending on what i am purchasing. I choose this business because, children will always exist in our society. Therefore there will always be a ready market. Getting the goods however at times is not easy. The local providers at times take a lot of time in shipping the goods so there is some delay in supplying to clients. Washable diapers are better than disposable diapers because they are economical. They are the perfect alternative for disposable diapers. Kids also need toys to entertain them and improve their cognitive functions.
Hallo,
Trust you are all well. I intend to use the loan given to me to buy some children toys and educational laptops. I have identified a potential market elsewhere so I intend to created to slightly expand my market. I intend to make at least 50% interest from this once I buy stock of at least 19$. The loan will be a top up to what i already have.
Thank you and looking forward to hearing from you.
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Project Type
Classic Loan
Disbursed amount
$10.00
Date disbursed
Feb 24, 2017
Repayment status
Late
Projected term
2 months
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