Entrepreneur
Name
Caroline
Member since
July 2013
On-time repayments
61 installments • 28%
About Me
I am Caroline Nanzala, I was born in Nakuru County. My first school was St Marys Girls primary school and I did my KCPE and Iater enrolled in Menengai Secondary School which I did my O' level.
Later I stayed at home looking for a job which was not easy to find and through some family members contribution i managed to start small business of selling vegetables, tomatoes, onions, watermelon , bananas,potatoes (Kiosk) at Langa Langa area. This small scale business ha s been able to sustain me and my family this far.Since there was a heavy infux of refugees to this city Nakuru the increased population has also increased my customers so far.
During the post election violence the kioks was robbed and burned of which made go back home and stayed without any income. Later my uncle came and took me to work for him. I depended on him for sometimes till i managed to raise some money enable me start
My Business
As i have already mentioned i hereby wish to state that as a small scale business lady involved in selling CDs,DVDs Earphones and Ink cartridges my business has seen immense growth over the last few months,thanks to increased population and scarcity of the products i sell.The population increase has increased the consumer base and thus increased clients.The scarcity of these products have also increased the prices of these commodities.As a small scale trader i would wish to maintain my clients at the same time due to increased cost of these electronics i cant buy enough to satisfy both my clients.This therefore necessitated me to look for funding so that i can be able to purchase enough CDs, DVDs, Earphones and Ink cartridges for my shop.The average sales per month is ksh40000 and this could be increased to 60000 if am funded to attract new clients at the same time satisfy my existing clients. Thanks in advance for your help.
Loan Proposal
If funded the following loan I will be able to add more stock in my shop like computer accessories , headphones , printing papers , memory cards and flash disks .The demand is high for this products and i am sure if i add more stock i will make more profit in my business. I will also add more existing stock in my shop.
Feedback
Positive
2
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 3, 2013
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
United States
Haarlemmermeer, Netherlands
Ask Caroline a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...