Dear lenders, l wish to this opportunity to thank you for the first loan that you gave me. it was of great help.l will u...
Marion
Nakuru, Kenya
100% repaid
Entrepreneur
Name
Marion
Member since
July 2013
On-time repayments
64 installments • 98%
About Me
my name is Marion Wanja Muthoni and a resident of Mawanga Estate of Nakuru town. l am married with one kid who is in primary school and my husband is also a business person.l started the chemist business five years ago after completion of college this was to enable me earn a living and support my family.since l live in my own plot l have maximize on the land available that l do farm green vegetables and onions that l sell locally to the green grocers in the estate.l started the farming business after having planted on improvised gardens commonly known as(hangings gardens) for my own use and since the produce was good l decided to expand the business and produce for sale so as to make an extra income.
My Business
The chemist business is very profitable as mostly l deal with the medicines.The demand for the products is very high as my shop is strategically located and not many shops are within.since chemist shop is in the line of health the demand is always there as every one wants to be healthy and having trained as a pharmacist is a added advantage when it comes to handling of the customers. the competition is very high and especially from the goverment hospitals as well as other chemist in town but l sell the medicines at a affordable prices so as maintain the customers.from the business l am able to make ks 15,000 as net profit and the farming business gives me an average of ks 10,000 per month when l have the produce. if my loan application is successful l will use the money to add more stock so as to increase the sales.
Loan Proposal
l am kindly appealing to my lenders to fund my chemist shop.l own the business and l will use the loan to buy more medicine and this will enable me to grow my business and increase the sales.the stock level is to the standard but l want to add more stock so that l can meet the market demand for my customers.The first loan helped me to grow my business and l am very positive that this loan will enable me to take my business to another level. be blessed.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$303.00
Date disbursed
Feb 10, 2014
Repayment status
On Time
Projected term
13 months
Other loans
Lenders
Chicago, United States
Tokyo, Japan
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