Children edutainment

Millicent

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $10 goal

0

days left

Entrepreneur

Name

Millicent

Member since

September 2015

On-time repayments

16 installments  •  6%

About Me

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

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.

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Feb 24, 2017

Repayment status

Late

Projected term

2 months

Other loans

Lenders

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

MF

Mike Frawley

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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