Electrical gadgets for electrical shop and entertainment
Millicent
Bomet, Kenya
$0 to go
100% funded of $12 goal
0
days left
Entrepreneur
Name
Millicent
Member since
July 2018
On-time repayments
4 installments • 50%
About Me
I was born in 1996 in a humble background, I started my education in the nearby public school in 2001 and completed in 2010,,later I joined a nearby day school where I finished my secondary level. My parents were not able to provide for my further studies, so I struggle to start a business by collecting milk in my village and selling to the nearby cooler. My villagers practice farming as their main source of income. I get married in 2017 and I have one daughter who want to be a doctor when she grow up. My hobbies are swimming, playing and listening to music.
My Business
I venture into the business as a milk tender to nearby schools and a cooler as I came to notice that the good is in high demand in school and also in dairy products manufacturing companies. My typical cost are transport cost and government revenue. The profit I made from this business helps me in reinvestment in growing the business, providing family needs,and educating my daughter.
Loan Proposal
I will buy more electronics gadgets that will cost me around $50 that will benefit me in many ways; first it will increase my profits increase by 10% thus enabling me to provide my own family needs and also my friends. The equipments I will buy will help my customers to get more goods in one place thus saving their transport cost. I will expect my profit increase to be 45$
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Loan Info
Project Type
Classic Loan
Disbursed amount
$12.44
Date disbursed
Sep 5, 2018
Repayment status
Late
Projected term
1 week
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