Ann
Bahati, Kenya
$0 to go
100% funded of $100 goal
0
days left
Name
Ann
Member since
May 2013
On-time repayments
11 installments • 0%
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.
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.
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.
Positive
None
Neutral
None
Negative
1
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 18, 2013
Repayment status
Late
Projected term
11 months
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