Entrepreneur
Name
Margaret
Member since
April 2013
On-time repayments
72 installments • 3%
About Me
am a lady aged 26 years old am married and i live with my husband and we have to kids (1 boy and 1 girl). am the 4th born in our family, I live in Naivasha Kenya. I went in primary and made it to class eight and went to Secondary School in Nakuru though i completed the 4th class in Naivasha.after high school education, i started in salon where i was employed after that, i started a small business of selling clothes in Nairobi where i shifted to Naivasha town. in order to meet my day to day needs. I do assist my husband when he is he is down financially by paying school fees and also sometimes when he is not feeling well. my daughter first born is in class 2 and the second born is still a small baby. So all I for life is selling clothes while my husband is a Taxi driver.
My Business
I sell clothes and ladies shoes in Naivasha market. the demand of these business is high because first there is so many peoples coming for different shopping at Naivasha market mostly peoples who live here are much interested by old schools (old fashions) clothes, especially ladies. so these peoples do like buying clothes at a very low or reasonable prices so with the mitumba clothes i sell more everyday and the demand is high because they are more affordable to the local peoples. I always buy attractive clothes and shoes to the customers and that will have value for their money. My business have been profitable because i buy few bunches or even three of clothes and after a month they are over. I have been facing challenges because there are more designs of clothes that I would like to be selling also but due to shortage of capital i lack them in my business. the profit I get is quit good as per month because I may manage to have get ksh 15000 to ksh 12000.
Loan Proposal
I will use the loan to boost my business of selling clothes, and be able to manage my business to high level am hoping to be. please your giving will help me bring my business somewhere am thinking it to be in few months. with the 7000 ksh, i will at least be able to buy some different types of clothes and new shoes for sell.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 15, 2013
Repayment status
Late
Projected term
72 months
Lenders
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