Ann

Bahati, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Ann

Member since

May 2013

On-time repayments

11 installments  •  0%

About Me

My name is Ann Wanjiru Kungu. I am married and a mother of two, one in primarry school and the other still at home.I live in Maili kumi center which is about 16 km from Nakuru town just behind my Business premises. I started my business after i was married and saw the need to start this business to the future of my childrens education and my basic needs. the earnings i get from the business is used to replenish the business with stock, pay for schools fees and generally household expenses. This has taken me far as far as life is concerned and i think that i will go far with the business.

My Business

Bahati Malimali shop is the name of my business
which deals with selling of a beauty products, general shop, and malimali. It is Located at Maili Kumi Center on your way to Bahati. In a month, I get an income of Kshs. 20,000 in a month. I have a monthly expense of Kshs. 13,000 which includes the house rent and electricity bills this translates to a monthly profit of about Kshs. 7000. The annual income of about Kshs. 240,000 and a profit of Kshs. 94,000 per annum. My customers prefer my business due to good customer language and I do sell my products at a fair price. This has led my business to do very well in the area. I have high flow of customers in the area and this has created a big challenge of lack of capital to certify my customers need.

Loan Proposal

I thank you all lenders for giving me this golden opportunity to forward on my business. I will use the money if funded to add more stock in the business. I will buy more malimali items since has more profit. I will also use the remaining amount to stock some refreshments such that customers can find a place to refresh themselves as they buy the goods.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 18, 2013

Repayment status

Late

Projected term

11 months

Lenders

nicole

Worcester, Ma, United States

Hope2012

United Kingdom

M

magmax

Vienna, Austria

valliejc

Edmonton, Canada

J

jjonas

berlin, Germany

KirstenShute

Montreal, Canada

Pierfausto

Rome, Italy

Sundstroms

Falun, Sweden

Y

Yevrahs

Dallas, Texas, United States

S

SheilaB

Nashville, United States

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