I will use the loan to purchase few items on my order list (electronics) and supply to my customers

Doreen

Tena Estate, Kenya

100% repaid

Entrepreneur

Name

Doreen

Member since

February 2014

On-time repayments

35 installments  •  69%

About Me

I have a 10 year old boy called Wycliff, he's in class 4, and a 5 month baby girl called Ivana. I live with them in Tena estate in Umoja, where my son attends a private school. I have a diploma in Business Administration and this helps me so much in managing my business. I am very hard working, honest, focused and God-fearing. I had planned to start a business for a long time, and finally pursued my passion and made it happen. I am now looking to expand, by importing the items myself in order to get more clients and profit. I use my earnings to support my children, and sometimes my brothers who are not yet stable. I pay school fees for my son, pay my bills and save the rest. I'm saving up in order to buy land where I can build my house and stop renting property. Then I can use that money to do other constructive things in life. I am looking forward to achieving this dream.

My Business

My main business is in supplying electronics. I usually look for business in towns outside Nairobi as some people cannot travel into Nairobi for their electronics, and don't have to pay for delivery if it comes from me. Sometimes I face challenges where my orders are so large but I do not have the capital to buy enough stock in the capital, and thus I cannot meet demand. Generally, the returns are good, so with enough capital I will be able to grow very fast, and will be able to meet all of my customers demands.

Loan Proposal

i will use the loan to purchase few electronics am supposed to supply to a customer, but i had no money so the loan will greatly help me because i will be able to supply slowly until my business have grown. the items are the following: sayona iron box,fridge guard,sony dvd player,ampex woofer and cheap techno phones.i kindly request the lenders to consinder my application and help me in purchasing this items.thank you

Show original English  

About Me

I am a mother of a 10yrs old boy in class 4 Wycliff and a five month baby girl Ivana.i live with them in tena estate in umoja where my son attend school in a private institution.i have a diploma in business administration and this helps me so much to manage my business.am also very hard working,aggressive, honest,focused and God fearing.i started my business long time because i had a passion in operating my own business from long time and i made it happen.am also looking forward to it expansion, where by i can import the items myself hence i can get more profite than buying around and am sure i will get more client.i use my earnings to take care of my children and myself,sometimes i try to support my brothers who are not yet stamble, i pay school fees for my son,i pay all my bills and save the rest.because am planning to buy a property in form of a land and i can build my house in order to come out of rental house some day,and i can use the money to do other constructive things in life. am looking forward to achieving my dream.

My Business

My business deals in supply of electronics.i usually look for orders in towns outside Nairobi where they find it far to leave there work closed to come and purchase the items in nairobi so most of them prefer to be supplied.they also prefer being supplied because they dont have to pay on deliverly so they can be left sell the items and pay at the agreed date.it is also hectic to look for this items because we just dont buy anywhere i have to move around compare the prices being offered and the quality in the market.so they also find it easier for them to get the items at their door step.the most challeges i get are sometimes i have orders but the capital isnt enough so it becomes difficult for me to supply.so i dont answer to some client because i know i can not meet the demand due to capital problem.but generally the returns are good,so with enough capital i can grow very fast,because i can be able to supply to all the orders

Loan Proposal

i will use the loan to purchase few electronics am supposed to supply to a customer, but i had no money so the loan will greatly help me because i will be able to supply slowly until my business have grown. the items are the following: sayona iron box,fridge guard,sony dvd player,ampex woofer and cheap techno phones.i kindly request the lenders to consinder my application and help me in purchasing this items.thank you

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 10, 2014

Repayment status

On Time

Projected term

6 weeks

Lenders

Sundstroms

Falun, Sweden

Ingela

Falun, Sweden

MichaelOsburg

Hochheim, Germany

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

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