Expanding my business

Virginia

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Virginia

Member since

July 2015

On-time repayments

96 installments  •  80%

About Me

I am a Kenyan Lady aged 45 years. i was born and brought up in Nakuru Town where my parents were second hand clothes sellers. i went through my primary & secondary education in nakuru town. i attended mwangaza college of business studies and later joined Star women self help group and after saving for six months i acquired a loan of Kshs.7500. i started selling second hand handbags. having being brought up by business parents i felt it is something within the family. I have been getting loans and doing different small businesses which enable me earn a living and repay the loan.
Our land is not very productive and that is why i venture into business other than farming.
My children also want to be business citizens because they are the ones who i leave behind to man the business while i am in the field/market.
Reading motivational books and weekly business magazines and watching documentaries of successful business people in the world.

My Business

I sell Kerosene, second hand cloths,bags, shoes and charcoal in bags.
these goods are useful because where i stay the people live in different categories. some can afford kerosene, others charcoal as fuel. Most of them cant go to supermarket or to town to buy new clothes, bags or shoes.
I use the profit by paying school fees, re-investing in the business and other family up-keeps.

Loan Proposal

I will re-stock kerosene - 150litres @ a total of USD59.
After selling, i will get a profit of USD11
The benefits created is enabling me create good working relations with my lenders and other business partners. my clients also

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 27, 2015

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

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