Jacqueline
Nairobi, Kenya
$0 to go
100% funded of $100 goal
0
days left
Name
Jacqueline
Member since
August 2015
On-time repayments
21 installments • 0%
I am the last born in a family of four. When I was in class one my mother retired from work. And my dad was sacked. I schooled alone but my turning point was in form one when my mums friend used all the money they together with my mum had invested. Eventually I was in and out of school. I started business in school by selling an extra carton of biscuits so as to get pocket money. People in my area think that you need a lot of money to start a business but I started small and am growing. I don't have any children but for my niece whom I take care of, I would want her to become the person she dreams to be. Not e choosing for her. I believe that, that's what makes an all rounded person. On my free time I prefer spending time with the less fortunate, giving them hope and sharing ideas of how to start small and grow. Specifically teaching children how to speak for themselves in a free society
I sell bread as a distributor, I have a boy who helps me distribute it who has a bicycle. On a normal day, I sell 8 crates. My friend used to work for the bread company and she gave me the idea since they were looking for distributors and it had a good profit margins. I buy bread at 38 and sell at 43 making a margin of 5 shillings each. The bread company has a retention fee of 1 shilling so am left with four which helps to sustain me and my niece
I will buy a new bicycle and get extra hands soo that once the bread comes we can get to a more large area. Especially with the rainy season coming up, I would not like bread getting wasted or dropping in the mad like it happens. Also with the bikes we can deliver bread faster. Also get a small store to stock excess bread and service customers in the evening. Which in turn will help create a job and also grow investment.
Positive
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Neutral
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Sep 23, 2015
Repayment status
Late
Projected term
4 months
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