Inventory

Roselyne

Kiandutu, Kenya

100% repaid

Entrepreneur

Name

Roselyne

Member since

February 2015

On-time repayments

50 installments  •  64%

About Me

I studied in mt kenya university, diploma in business administration from 2009 uto 2011.
I got married and dint have an opportunity to proceed with education. After years i started a business in mobile phones accessories and other small electronics.
I have continued to do the same though not so much profit due to low capital.
I later closed the electronic shop and opened a ladies and gents clothing business.
i have been running the same for a period of 16 months now. i have switched between new and used cloths depending on the time of the year.

My Business

After Corona was announced in my country early this year (March 2020) the business i was doing went down, Laundry shop. there was barely any income and was on rental premises. i had to close shop and looked for some other ideas to do. I found some friends whom we partnered in selling raw chickens. we have been doing this for the last 3 months, we have recorded incomes of Ksh 10,000/- ($100) per week and divide that into the 4 of us.
I wish now to leave the partnership and go alone.
i wish to rent some shop for my business and buy a 260ltr freezer.
i project to be getting at least ksh 3,000/- ($30) per week.

Loan Proposal

This loan will help me in many ways first is to grow my credit capability and secondly is to help increase my inventory.
with Ksh 1000 I will buy four dozens of handkerchief and be able to sell in a span of two weeks. this will make ksh 400 profit and will grow the business exponentially.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Jun 5, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

Cloudways

Malta, Malta

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