Everlyne
Kisii, Kenya
70% repaid
Name
Everlyne
Member since
March 2020
On-time repayments
52 installments • 81%
I went to the local primary and secondary schools. I had to overcome poverty and succeed academically against all odds. I started a small kiosk before advancing to a small retail shop.
My small retail shop involves selling basic consumer goods like sugar, salt and cooking oil. The business helps me to create a good relationship with locals.
I will use the loan to increase stock items for my soap. With the loan, I will be able to purchase items in large quantities thus be bale to get a discount and in the end make a batter profit. I expect to increase my weekly profit by kshs 2000
Corona has indeed affected running of some business operations but retail shops have not been affected as such much. Thus, raising money for repayment wont be of much problem. Besides, I will increase the variety of items that I am selling to expand my customer base.
Positive
None
Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$299.00
Date disbursed
Sep 26, 2020
Repayment status
Late
Projected term
7 months
Other loans
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