I will buy more cloths for my business

Pauline

Mtwapa, Kenya

87% repaid

Follow Pauline

How it Works

Entrepreneur

Name

Pauline

Member since

May 2013

On-time repayments

35 installments • 80%

About Me

my name is Pauline Kauli. I live in Mtwapa am married and i live with my husband. I am a mother and a parent of four children. and they are all in school here at Mtwapa Primary school. I am a hard working business woman here at Mtwapa and am very much love my job because it had been very helpful to me. My education background is form four level of Kenya’s secondary O level. I started this business because i wanted to have a source of income that could assist me with my family. The earnings I get from my business is that use them to pay school fees for my children buy food and then add more stocks at my business so that my business can go on well.

My Business

As a business woman I do sell clothes and my targeted clients are normally ladies and children. There is demand for this business because I sell products that essential to any human being because people cannot go without clothes. The business is profitable because I consider myself to be lenient when transacting with my clients in other words my prices are pocket friendly consider ring the fact that there are economical crisis in the country. I incur least challenges in my business as I am always up to date in payment of licenses for my business. My total expenses per month that is food, rent, transport, electricity and stock adds up to 20,000/=. My profit is around 10,000/= and that’s a good return.

Loan Proposal

I will buy more cloths and handbags for my business, In August there will be a high demand on this items so i' am now preparing for the next stock. I sure i will sell more and increase my income. I will be paying this loan on time so that i will be granted the next loan in time, which i will use it to expand my business in different areas, i.e neighbor towns like Kilifi.
From this 100 USD, i will use 50 USD to buy Cloths, 50 USD i will use to buy handbags.
I' am now earning 300 USD and from this i normal use to buy basic needs and stock for my business. But from your loan i will double my income so i hope i will be a great business lady from your loan.
Thank you

God bless you.