I will use the loan to increase the materials for making the beaded earrings, wrist bands and necklaces, since there is...
Elizabeth
Kayole, Nairobi, Kenya
100% repaid
Entrepreneur
Name
Elizabeth
Member since
January 2014
On-time repayments
211 installments • 11%
About Me
I am a family lady who ventures in the curio industry. I am self employed; doing bead-work and traditional artifacts in a small scale. I sell my products at Masai market and Kariokor in Nairobi. I also work on orders that are for export. I use the income to support my family. I would love to expand the business by increasing production and hiring a few other employees to work with me. I love what I do and fancy i coloring the world. I produce earrings, anklets, bangles, necklaces, wall decorators, decorators for bags and shoes, lamp stands, table mats among other beautiful materials. I bet you would fall for them when you see them. I started the business two years ago and took it as my full time job.
My Business
I am self employed dealing in the production of bead-work and traditional artifacts. I make things such as earrings, anklets, bangles, necklaces, wall decorators, decorators for bags and shoes, lamp stands, table mats among other beautiful materials. The business is profitable enough to service the loan that will be awarded to me. I am planning to expand an that will even provide more financial stability. I have been having huge orders which, some, i have not been able to make up to due to the inadequacy of capital. The loan will enable me to satisfy all my customers as well as capturing new markets. My products are among the best in the market. they are of high quality; higher than those of the competitors i know.
Loan Proposal
I will use the loan to increase the materials for making the beaded earrings, wrist bands and necklaces, since there is a lot of demand for them. Currently, I have a good and promising market for the three products as well as the rest. At times I am not able to pick certain orders as I do not have enough materials to make the products. the loan, combined with my little profits, will help me pick even larger orders.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Feb 3, 2014
Repayment status
On Time
Projected term
4 months
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