Daisy’s ladies outfits and bags

Daisy Olonde

Nairobi, Kenya

31% repaid

Entrepreneur

Name

Daisy Olonde

Member since

January 2015

On-time repayments

34 installments  •  12%

About Me

I am a Kenyan citizen aged 27 and a mother of three. I possess a Diploma in Business Administration from Integrity School of Management and currently working as a Sales and Marketing executive at Statpack Industries. I have also ventured in to business of selling women clothes and handbags. I have an outstanding background and experience in business management and administration.

My Business

My passion for working in Business field has led me to handle interesting positions. I once excellently performed as an office administrator at Intel College University before joining Statpack. I developed an interest in business of selling ladies wears to compliment my monthly pay. This idea was triggered by the fact that I interact with many ladies in the course of my duty. I get some nice clothes and handbags from the wholesalers and I present them to my clients. This for sure has been helping me to supplement my monthly pay and acts as a cushion in today’s economic hardship.

Loan Proposal

My business “DAISY’S LADIES OUTFITS and BAGS” , I sell ladies wears and handbags. I chose this business because of passion I have in dealing with such items and by the fact that I studied business making me have high business acumen. On top of all that, I do interact with several ladies and this made me to capitalize on this opportunity. I do buy assorted ladies outfits of half a bale at Kshs 4500 (USD 52) and 4 executive handbags at Kshs 4500 (USD 52) from the wholesalers per month. My records are good because at the end of the month, I sell all the items and get a net profit of approximately Kshs 20,000 (USD 235). I am humbly requesting to get a loan to enable me double my monthly stock. I am planning to get one bale of ladies outfit and 8 executive handbags and without doubt my aim is to get approximately Kshs 40,000 (USD 470) per month. For sure this esteemed loan will see my business grow in two folds and I will utilize the profits to pay school fees to my children, and further my education as well. My future plan is to open a business store in the city center.Thank you so much in advance as I hope for a positive feedback.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.16

Date disbursed

Jan 28, 2015

Repayment status

Late

Projected term

7 months

Cost to entrepreneur

Lender interest: $100.16 at 5.16% annual rate over 7 months = $3.44

Service fee: $2.47

Lenders

T

Tallago3

Munich, Germany

D

duckdork

De Forest, United States

D

Desteli

United States

S

satheajay

United States

Andrew267

Birmingham, United Kingdom

G

GEMMGMT

United States

S

seanos

Nottingham, United Kingdom

M

Madtowner

United States

J

Jack123

United States

RJ

Ryan J Cotton

United States

KM

Kirsty M

United Kingdom

Robert

Sweden

K

United States

Cathy

Melbourne, Australia

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