Emily
Olenguruone, Kenya
100% repaid
Name
Emily
Member since
July 2015
On-time repayments
363 installments • 76%
My name is Emily Njeri Karanja. I reside in olenguruone in Nakuru county.I am a second born in a family of 6 whereby all are unemployed. I studied in a school called Temoyetta Primary School, Njoro Girls , Mwangaza College and Kenya Methodist University. I have come from a very humble background but have realized that everything is possible if you believe that the sky is the limit to your future. I am married with one kid and would wish that my children live a better life than how I was brought up: not necessarily offering everything but reduce poverty life.
Due to limited jobs and the short durations they live, I started a business to help me manage my expenditures, take care of my parents at home and educate my brothers and sisters.
My main areas of expenditure are:rent for my business, bills, stock, school fees for my brothers and sisters, maintenance of my parents at home, my household expenditure in the family.
I hold a small business whereby I sell kids products. I find kids products an interesting job since every parent would wish to make his or her kid happy and will offer her kid the best out of her or his ability. in this regard I offer toys and clothing which are attractive and affordable to mostly the common mwananchi. I chose this kind of business because for one I like interacting with kids a lot as in even if I don't sell anything they always ask as they find it interesting and will give me a hope of selling the product another day. two: kids influences their parents and thus making your sales to rise. I also incorporated a cosmetic shop in the same job after loaning me previously. The most challenging costs in this business is transport since I operate in remote area where roads are very poor but at least I manage. The profits i get in this business is re-invested back to the business so as to expand the business, pay rent and bills and save.
Kids are now on holidays and this is the right time to purchase school uniforms. I am intending to add stock on school uniforms before the end of the holidays which will cost me 900 dollors. I am also planing on introducing cosmetics in the business. To do this I will do some adjustments to the business to creat some space in the shop. This will cost 100 dollars. Then I will stock the cosmetics with 500.I am very hopefull that with the invention of cosmetics and more uniforms I will increase my profits by more than 30%. I am also expecting that in the near future I will be able to buy a piece of land. Thanks alot zidisha.
Positive
1
Neutral
None
Negative
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Project Type
Classic Loan
Disbursed amount
$1,522.00
Date disbursed
Aug 22, 2017
Repayment status
On Time
Projected term
30 months
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