Jannet

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Jannet

Member since

September 2012

On-time repayments

11 installments  •  9%

About Me

i am an active Christian lady married with two children aged 9 and 14yrs respectively. I live in Ongata Rongai,Ngong division in Kajiando North county.I train weaving life skills in a Non-governmental organization dealing with women affected and infected by HIV/Aids within poor communities.I hold higher diploma in counseling psychology. Diploma in Biblical counseling and Theology respectively.What triggered me to start the business was due to low income and wanted to supplement my other family needs.I re-stock my business with earnings gotten from my business plus paying other pending bills.

My Business

I started my weaving business roughly two years ago .I deal with woolen rugs/carpets which are locally hand-woven. the demand for woolen rugs is because they are warm, unique and in different varieties unlike other local carpets,customers prefer woolen rugs because thy are long lasting and durable and they also do home and hotel decors.and they are also used in beaches for luxury purposes.the business is profitable as the demand is high both nationally and international , the risks encountered in this business are high cost of production , high taxes . in a month my sales are 30000 and my expenses are rent 4000, labor charges,10000 miscellaneous about 6000 i am left with a profit of 10000 pm

Loan Proposal

If granted the loan requested, i will commit the money in restocking and expanding my weaving business which i started two years ago.i will add new designs and patterns in order to attract more customers.i will also intensify my marketing to other parts e.g Masai Mara, Mombasa & other parts of the world through internet and online selling. In my second loan i will add other products that go along with carpets e.g beads and jeweleries etc.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$359.00

Date disbursed

Dec 3, 2012

Repayment status

On Time

Projected term

12 months

Lenders

J

johan

Oslo, Norway

evinpa

United States

traciyoshiyama

Honolulu, United States

MarktheMormon

Sandy, Utah, United States

S

samantione

Rush, United States

H

hugh1

Co Kerry, Ireland

russell

leicester, United Kingdom

Sundstroms

Falun, Sweden

D

DamoA

Wollstonecraft, Australia

R

RichardH

Manchester, United Kingdom

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