Ann Nyokabi

Salgaa Town, Kenya

9% repaid

Entrepreneur

Name

Ann Nyokabi

Member since

January 2012

On-time repayments

29 installments  •  31%

About Me

I am 36 years of age, married with two beutifuf girls. Ireached standard eight and due to lack of money I din't continue with secondary school. Because of my good character at home I was given some amount of money by a neigbour and I went and buy 20 lites of paraffin and started selling to villagers. I live in Salgaa town plot no. 33 opposite New Fresh produce Market avenue.

My Business

As I have said I started a business from zero and now I can say I am somewhere in business. From a 20 liters o paraffin to a good stock of retail shop of different items that is required in our daily use. Now I do support my family fully after paying my shop house rent, buying of stock among other things.

Loan Proposal

I want to thanks all who help to fund my first loan,i did a lot with the previous loan glad to that.For the second loan,i intend to purchase goods to my shop to attract more customers during this period of ex-mass.This is the breakdown of my items to purchase
1: 10 bags of sugar worth K.E.S. 40.000.
2. 50 plastic basin worth K.E.S. 20.000.
3 30 pairs of children cloths K.E.S 10.000
4 5 cartons of bar soap worth K.E.S.5.000.
5 5 bales of wheat flour worth K.E.S.5.000.
This will increase the customers to my shop for this season most of the people in my area prefer those items during this month of December.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$998.60

Date disbursed

Dec 14, 2012

Repayment status

Late

Projected term

23 months

Cost to entrepreneur

Lender interest: $998.60 at 3.57% annual rate over 23 months = $70.11

Service fee: $69.32

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