Name
Veronica
Member since
May 2013
On-time repayments
17 installments • 82%
Am a marreid woman with 5 children.All my children are working.Husband also works nearby.I live in mtwapa in mtomondoni area near to mtomondoni primary school. From the school you will go straight towards Kwetu training center, as you go you will reach Amkeni nusery school just ten minutes walk from mtomondoni primary school, from here you will see a green grocer shop, opposite this green grocer youwill see a church, two houses from this church is where i live.I only completed primary educationand did not go further due to financila problems.I then joined woman groups when i got married and was among the few who were taken by agricultural farmera association here atmtwapa for a short business training and later opened up my business so that canbe able to earn something.I use my business earnings to buy food for my family and save the rest for business growth.
My business is of selling second hand clothes.My is a moblie one as i move from one place to the other selling my clothes.Second hand clothes are cheap and since most people at mtwapa are middle class thereby creating a demand for seond hand clothes.Most people buy from me becuse i take the clothes to there respective homes and sell at credit to my customers.the risks involved in this business are that there is high competition and tiresome as you move from one place to the other.i make around 1,600 ksh per day thats 48,000 ksh.i spend around 500 ksh per day thus cming to ksh 15,000 per day.i buy in new stock worth 15,000 ksh per month.i make about 18,000 ksh monthly.
Hello zidisha and all my lenders,am glad to have been granted the second chance of posting another loan application.This is good news as i will have a good boost to my business.With the first loan i was able to add more stock and this made me acquire more customers and this boosted the business so much. Am very thankful for coming to my rescue. With this loan i will add more stock of mysecond hand clothes and also add new clothes to my business as we are approching to high season. This will add more value to my business.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$198.00
Date disbursed
Oct 15, 2013
Repayment status
On Time
Projected term
4 months
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