Rose

Kangemi, Kenya

54% repaid

Entrepreneur

Name

Rose

Member since

September 2013

On-time repayments

20 installments  •  30%

About Me

I finished my O levels in the year 2010. I managed to join the college pursuing diploma in Business management management course. During daytime I operate my business from 8am to 7pm.
Currently I operate a boutique whereby I sell clothes, weave, braids and shoes especially for ladies and M-pesa.my business operates up-to late hours as i serve several customers making deposits and withdrawals.
I actually pray that my loan if approved I will manage to expand my business, increase stock as well as increase my monthly income.
Thanks in advance.

My Business

In my business I do sell goods like clothes, weaves, braids and shoes especially for ladies due to high demand as well as I operate M-pesa. My monthly sales goes to Ksh.30,000 – 40,000 and these mostly depends on the amount of capital invested on. I normally ensure costs of up to 20,000 inclusive of monthly purchases (stocks) since am the manager of my own shop. I ensure that I reduce cost effectively so that I can realize the profits.
Daily I make over Kshs. 4000 sales and on weekends it can go up to Kshs. 6,000 and over t I would like to purchase and increase more stock as I opt to expand my business.

Loan Proposal

First,i would like to take these opportunity to say thank you so for approving my loan.now i will now use my first loan to upgrade the working capital for my M.pesa for the float and increase stock for boutique.
For these the income i will generate will enable me to pay my loan without any constrain.
Thank you so much and God bless you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 15, 2013

Repayment status

Late

Projected term

20 months

Lenders

Kjartan

Oslo, Norway

Pierfausto

Rome, Italy

S

Southern

Oberursel, Germany, Germany

mikeoberhaus

San Francisco, United States

Sarasota

Sarasota, Fl, United States

Ask Rose a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...