Entrepreneur
Name
Grace
Member since
July 2012
On-time repayments
49 installments • 84%
About Me
I live in Kiptangwanyi shopping center which is approximately 42km from Nakuru town. Nakuru town is our nearest major town within this area. I am single with one child who is in school. I live in my own plot at the shopping center where I carry out my business. I live in plot number 65 with my son. My business entails the service of chemist shop at the shopping center.I sell consumable medicine at the shopping center where I have a pharmacy.
My Business
My business entails the service of pharmacy at the shopping center .I sell consumable medicine. The business is profitable because there are only a few pharmacies at the shopping center. The main challenges that this business encounters is lack of finance to buy enough drugs that can go for two weeks. The cost of going for drugs now and then leaves my profit magin low. Im also not able to stock all the drugs on demand
Loan Proposal
Dear Lenders,
I would like to use my loan to expand my business by adding more stock in my business.
I would also like to expand the room in which I operate my business in as the one I am doing business in is small. By doing this I will be able to offer quality services to my customers. The demand for these services is high in this area and it is my hope that I will be able to offer the best to my customers.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Aug 10, 2012
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
United States
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