Name
Rose
Member since
September 2013
On-time repayments
20 installments • 30%
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.
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.
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.
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 15, 2013
Repayment status
Late
Projected term
20 months
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