Entrepreneur
Name
Everlyn
Member since
August 2015
On-time repayments
39 installments • 41%
About Me
I was born in 1994,grew and brought up in Mlango Kubwa(Nairobi County)attended St Teresa's girls primary school in Eastleigh where I completed my primary level.In the year 2009,I joined Mumbi Girls High school and completed my high school level in 2012 then in 2013 I joined a Tertiary college and did a course in cabin crew also tours and travel and completed in 2014.I have a passion in fashion and wanted to start a business where I would be selling clothes but did not have enough funds only the little that I had been able to raise from my relatives.
My Business
I sell clothes,shoes and handbags.The business has picked up well as I try and get quality products that attract more customers.I chose this business because I have always had a passion for it.If I would get more funds,I would expand my business by going to countries such as Turkey and get more goods to come and sell for my customers.
How I would use my profits is by reinvestment in growing my business and also home improvements.My initial target to improve my business is from 10,000KES.
With the 7,000KES that I will get, I''ll be able to go to the nearby county and get more clothes,shoes and handbags for my customers.Some of the money I will use to renovate the business area where the business is located as well as adding more security measures for my business.
Loan Proposal
When I get the loan,I will buy more clothes,shoes and handbags for my shop.For clothes,I will buy ladies tops worth USD 55,evening dresses worth USD 40,ladies shoes worth USD 65,handbags worth USD 70,men's trousers USD 35 and men's shirts worth USD 42.As we are entering the festive season,I will get a lot of profit by selling my products and it will help me expand my business and I will also be able to get Christmas gifts for my mother.With the loan,I expect the profits to increase from the current USD70 to USD100 per week.Thank you!
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Loan Info
Project Type
Classic Loan
Disbursed amount
$320.00
Date disbursed
Nov 29, 2015
Repayment status
Late
Projected term
7 months
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