Entrepreneur
Name
Alice
Member since
August 2015
On-time repayments
149 installments • 94%
About Me
I am a first born in a family of three. At the age of five, my parents handed me over to my dad's twin brother whose wife could not not bear him any children. My life was sweet until my uncle decided to remarry six years later. Life became so miserable, I went to school hungry, slept hungry, dropped in performance and finally got withdrawn. I managed, however, to sit for my KCPE and got good grades to proceed to secondary school and later to college. However this experience gave me a sense of independence. Today, together with two other friends, we have embarked on assisting kids with special needs in my home village primary school. I feel this is one way of giving back to the community.
I am married and a mother of two kids, one a sixteen year old girl who aspires to be a marine pilot. She is in form four. I pray for her dream to come true. My seven year old son is still young to fully know what he would like to be, but he has a liking of what his dad does in the construction industry.
My Business
After a stint in employment, I decided to have a hand in business. I started with a welding workshop but it being male dominated and with no prior knowledge, it became very challenging. I therefore decided to open up a business in which I would have full control and therefore I opened a boutique five years ago.
I deal with ladies' and children's wear as this does well all season. Women are impulse buyers, and will always squeeze a coin when they see something they feel is pleasing to them. Women, too, like to shop for their kids. Kids outgrow their clothes fast, hence they need to replenish their wears.
My main costs are on stock, rent, licences, electricity and transport. However, the sales are enough to sustain the expenses, replenish stock and do some savings that have seen me improve on my house and save some money for any eventualities. Luckily, my husband too supports me in some projects so I don't have to over-commit my business.
Loan Proposal
If advanced this loan I intend to by a desktop computer for my business records worth 15000sh.(150$) I also want to add on my stock for kids wear worth 16000sh(160$). This is very crucial as we are headed for the festivities when the clothing line is very profitable. In January I hope to buy kids (13) school uniform. This is a joint project which we carry together with two other friends as a give back to our local primary school. With the added stock I will be able to make a profit of up to 70% as the clothes prices hike during Christmas season.
The desktop computer will enable me keep records of my stock and also diversify my business as I always wish to have a cyber Cafe in future.
About Me
Iam a first born in a family of three. At the age of five my parents handed me over to my dad twin brother whose wife could not not bear him any children. My life was sweet until when my uncle decided to remarry six years latter. Life became so miserable, I went to school hungry, slept hungry, dropped in performance and finally got withdrawn. I however managed to sit for my KCPE and got good grades to proceed to secondary school and latter to college. However this experience gave me a sense of indepedence. Today, together with two other friends we have embarked into assisting kids with special needs in my home village primary school. I feel this is one way of giving back to the community.
Am married and a mother of two kids, a sixteen year old girl who aspires to be a marine pilot. She is in form four. I pray for her dream to come true. My seven year old son is still young to fully know what he would like to be, but has a liking of what his dad does in the construction industry.
My Business
After a stint in employment, I decided to have a hand in business. I started with a welding workshop but being male dominated and with no prior knowledge it became very challenging.
I therefore decided to open up a business which I will have full control and therefore opening a boutique five years ago.
I deal with ladies and children wear as this do well all season. Women are impulse buyers, and will always squeeze a coin when they see something they feel its pleasing to them.
Women too like to shop for their kids. Kids outgrow their clothes fast hence need to replenish their wears.
My main costs are on stock, rents, licences, electricity and transport. However, the sales are enough to sustain the expenses, replenish stock and do some savings that see me improve on my house and save some money for any eventualities.
Luckily, my husband too supports' me in some projects too so I don't have to over commit my business.
Loan Proposal
If advanced this loan I intend to by a desktop computer for my business records worth 15000sh.(150$) I also want to add on my stock for kids wear worth 16000sh(160$). This is very crucial as we are headed for the festivities when the clothing line is very profitable. In January I hope to buy kids (13) school uniform. This is a joint project which we carry together with two other friends as a give back to our local primary school. With the added stock I will be able to make a profit of up to 70% as the clothes prices hike during Christmas season.
The desktop computer will enable me keep records of my stock and also diversify my business as I always wish to have a cyber Cafe in future.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$298.00
Date disbursed
Dec 17, 2015
Repayment status
On Time
Projected term
4 months
Lenders
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Margaret Dec 29, 2018
Mary Jan 11, 2018
Alice Jan 11, 2018
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