Teresiah

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Teresiah

Member since

December 2011

On-time repayments

35 installments  •  40%

About Me

My name is Teresiah Watati. I am a single business lady working very hard to raise my child and educate her to achieve the best in life.

My Business

My business is a wholesale. I buy goods in bulky and sell them at a whole sale price to other shop keepers who retail them. I make small profit but the goods are fast moving because they are sold in bulk. Therefore i can sell so much in a month ending up making quite a substantial profit of about ksh 50,000 The business does even better during festival seasons when people from the towns visit their relatives in this part of the country. The visitors buy so many goods for their relatives and this helps so much in the business. However, during this period, transport is expensive because a lot of people are travelling. It is therefore advisable to have a big stock to last through a long time to reduce the travelling during the festive season.annual income 600000
I also do farming. I plant maize for home consumption but sell the surplus making about ksh 80,000 per season especially when the market is good.

Loan Proposal

I would like to increase the stock of my business during this festive season. The business does better during festival seasons when people from the towns visit their relatives in this part of the country. The visitors buy so many goods for their relatives and this helps so much in the business. However, during this period, transport is expensive because a lot of people are travelling. It is therefore advisable to have a big stock to last through a long time to reduce the travelling during the festive. I would therefore need more money of about ksh 200,000 to be able to do this. I would also buy more farm inputs such as fertilizer and seeds for planting to sell to the farmers who want to buy early

Feedback

17

None

5



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Loan Info

Project Type

Classic Loan

Disbursed amount

$957.00

Date disbursed

Jan 17, 2012

Repayment status

On Time

Projected term

12 months

Lenders

P

Per

Randers, Denmark

V

vidarlil

Sandefjord, Norway

A

Anninymouse

Southampton, United Kingdom

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

E

Errol

Bradenton, FL, United States

R

rurumm

Muenchen, Germany

Sideburnjack

Conroe, TX, United States

M

Monarch84

Las Vegas, United States

D

Delph007

Den Haag, Netherlands

EricDWalters

Rochester, Mn, Usa, United States

carlos vendrell

Barcelona, Spain, Philippines

Aahz

Manchester, United States

Irvin

Vancouver, Canada

investor

Candiac, Canada

I

internetfrust

Wiesenttal, Germany

G

glosoli

Boston, United States

P

Philippe

Adliswil, Switzerland

V

vamPierchen

Luxembourg, Luxembourg

BelleStarr

Albuquerque, United States

P

phangsang

Seattle, United States

YB Song

Seoul, Republic of Korea

Dipsius

London, United Kingdom

G

Gastao

Covilhã, Portugal

S Flower

Australia

S

SeeBiscuit

Reston, United States

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