I have a business which i plan to expand it with the loan that will be funded to me.the business is about selling househ...
Mary
Kaskainn, Kenya
55% repaid
Entrepreneur
Name
Mary
Member since
February 2014
On-time repayments
216 installments • 17%
About Me
i live in kenyatta road.i recently opened a business and i am in campus...i always save and add up stocks with the earnings so that i can pay my bills.my family is made up of only three ladies.we all live at the same place.the business is picking up since am near a campus.i alsouse my earning to pay my campus fees since am a third year student.everyone in my family has her own business so the risk of failing to pay wont be available coz i have no other loans lended to me pay.i cleared all my loans long ago.
My Business
my business comprises of selling household utensils and am also a computer packaging tutor.my business is near a campus so the sales are slowly picking up hence i want to expand it thus requesting for a loan.i usually get 100% profit when the sales aint god and close to 200% when the sales are high.the demand for goods is high since everyone needs utensils and household stuff in their homes.it might be either a cup,basns,plates,spoons,sandals etc...my customers prefer my biz since am the only one in the area selling such stuff and they are also of high quality and not easily to get broken....he only rsk i face is when most studens go n holidays or when more people set such business so the competition would be high
Loan Proposal
most of the things that are on demand are basins,mugs,spoons,plates,water tanks and so am planning to increase those to my stock.also i am planning to expand the business with the funds that i will get.i will be selling sandals,cosmetics and much more that can benefit everyone at large esp the campus students around
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 26, 2014
Repayment status
Late
Projected term
50 months
Lenders
Southampton, United Kingdom
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