Increase services to my business

Cherotich

Cheptigit Primary School, Kenya

Expired

$389 to go

0% funded of $389 goal

0

days left

Entrepreneur

Name

Cherotich

Member since

February 2015

On-time repayments

12 installments  •  42%

About Me

iam winnie cherotich koech.iam thirty years old.i was born in Nandi county .i schooled in Nandi hills academy primary .i later went to Itigo girls high school in the year 2000 to 2004.in 2005 to 2006 , i joined Tororo progressive academy Uganda for my 'Levels.In 2008 to 2009 i joined Kampala university for a Diploma course in leadership and management of Non Governmental Organization.In the year 2009 to 2012 i joined Masinde Muliro University of Science and Technology and pursued my degree course in social work.Since my mother passed on in 2011, i was able to manage our both homes in nandi and kericho and to look after my siblings and father.since i couldnt earn much from my place of work and the many responsibilities awaiting me,i had to look for an option to sustain me which was to open up a business of selling ladies clothes.communism and togetherness is the most unique culture from where i stay.i will be expecting my first born in September this year.Infortainment i love being informed and getting involved with people who are focused in life so that i can develop myself personally and other people too.

My Business

I sell ladies clothes.It is because ladies go with fashion and most of these clothes are sold faster.It is profitable and easy to manage ,the demand is high it is also easily affordable.i will be using four thousand to buy at a cost of 200kshs each i expect to sell at a cost of 600kshs each therefore the profit will be four hundred Kenya shillings.
i use the profit to re invest the business and repay the loan.

Loan Proposal

iam planning to add more services to my business of $155 dollars and will receive a profit amounting to $207.This will help me improve the services and help to pay my employee and rent for my premises.these services will help the community as a whole and it will help me pay fees for my daughter and provide basic needs for both my family and my parents.This business will benefit me a an individual and deveop the community by providing efficient services.for profit increase am expecting a total of $207 per month.

Feedback

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Loan Info

Project Type

Classic Loan

Amount requested

$389.00

Other loans

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  • Oscar    Jan 18, 2018

    Hi, good morning Winnie you can reapply your loan

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  • Cherotich    Sep 15, 2015

    i purchased ladies clothes,blazers and earings and made an interest of $48 and with that i was able to renew my business permit at a cost of $28.57 then the remaining $19.43 i added a stock of the ladies clothes.my earnings increased by $38.86 from the previous earnings.now that im a mother i have invested for my child's education.i im able to rent a bigger shop for my business and this will help to stock more thus earning more.visiting monkey sanctuary and helping in the conservation of wild animals and forests.

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