Increase inventory for my handbag selling business
Grace
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Grace
Member since
September 2015
On-time repayments
67 installments • 63%
About Me
I am Grace, a student at the local university. I also run a side business of sewing to raise money for my family. I am passionate about all things Africa and proud to be a young female entrepreneur.
I hope to make it big soon and open my own boutique .
My Business
my sister and I run a clothing business for kids where we specialize in sewing African fabric inspired dresses, sunhats and tutus . we sell them via the various online platforms through social media platform and by participating in festivals where we apply for vendor tent.
Loan Proposal
I will add to my current savings and buy more handbags. I buy each hand bag at around 8-10 dollars so i will increase my stock by 30 units. More units to sell equals to more profits. Currently with going online we are facing a problem of more buying orders than we have in stock. This year has been good and profit has been around almost at 100%. We are not yet there but we hope to get there
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Loan Info
Project Type
Classic Loan
Disbursed amount
$6.00
Date disbursed
Sep 28, 2016
Repayment status
On Time
Projected term
3 weeks
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Helen Horseman May 10, 2017
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