Inventory stock-up (selling kitchenware, clothing & shoes)

Ann Kiratu

Ruaka, Kenya

100% repaid

Entrepreneur

Name

Ann Kiratu

Location

Ruaka, Kenya

On-time repayments

58 weekly installments  •  52%

About Me

My name is Ann. I am a graduate of Jomo Kenyatta University of Agriculture and Technology. I graduated in 2011 with a Bachelor in Purchasing and Supplies Management. From 2013, I have been working in various NGO's and while in the process, i decided to start my own business. I started off my business in the kitchen ware and clothing sector. However, I am now currently operating in the clothing and accessories niche which has over the time picked up.

I am an industrious business lady with a vision of growing my business and increasing my income. i'm passionate about business and i'm looking forward to grow towards achieving my personal business targets.

My Business

Previously, i have been dealing in kitchenware, clothing and shoes. After assessment of my business and reviewing the areas of my business that had the most impact, I have recently narrowed down my business to a women's clothing and accessories niche with a high concentration in shoes. I am currently concentrating on this niche because from experience, the demand from women for these products is high.

Re-strategizing my business has had a positive impact as i have been able to have one area of business to concentrate on and thus been able to meet my client's need. Since my business capacity is small at the moment, i am currently reinvesting the profits i get back into the business in order to grow. I am in the process of increasing the stock levels in my business and getting a loan will help boost my business as the Kenyan market is now opening up. If i get a loan, I will be able to increase the stock and thus serve more customers and this will increase the sales levels per week and this sales turnover will help me to repay a certain amount weekly towards the loan that I will be advanced with.

Loan Proposal

I will use the loan to increase my stock in the business. I will be able to get quantity discounts if i purchase stock in larger quantities and also increase sales.

Income Source

I have also adapted to online marketing of products. This has ensured that i am able to reach a wider customer base and ensures that i am able to make weekly sales.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$708.74

Date disbursed

Mar 2, 2021

Repayment status

Late

Projected term

10 months

Cost to entrepreneur

Service fee: $35.43

Credit risk payment: $141.74

Optional expediting fee: $70.87

Lenders

Daniel

Brussels, Belgium

T

Tmann

Los Angeles, United States

R

Raabo

Rungsted, Denmark

AltruisticSelfishnes

Chicago, United States

S

soren

Göteborg, Sweden

F

FHult

Stockholm, Sweden

rfcno

New Orleans, United States

BJ

Brandon Joz

North Carolina, United States

P

pmyadlowsky

Charlottesville, United States

R

Rossman

Poland, United States

C

CrazyCanuck

Nepean, Canada

G

graememoss

Amsterdam, Netherlands

Sundstroms

Falun, Sweden

saturn4peace

Porterville, United States

B

BClay

Campbell, United States

B

bileiro

Mandaluyong, Philippines

ads68

Melbourne, Australia

Ingela

Falun, Sweden

P

Peksa

Espoo, Finland

C

chrono

Toronto, Canada

8

8chrono8

London, United Kingdom

L

Leonora

TÄBY, Sweden

Lambie

Perth, Australia

ibc123

Seattle, United States

Freewolf

Salt Lake City, United States

MrMichigander

Marquette, United States

R

richdullaghan

Encinitas, United States

C

Clben7

Cincinnati, United States

Scotts5320

New York, United States

T

tophini

Alma, United States

A

Anonymouse

Netherlands

C

cojoakerr

United Kingdom

T

tmarkus

Netherlands

B

bscent

Hong Kong

M

Medagan

San Franciso, United States

Bryan

Houston, United States

utdream

United States

Mike and Jacqui

United Kingdom

S

Sven

Netherlands

Matthias

Frankfurt Am Main, Germany

Dave Bogard

New York, United States

Robert

Sweden

Mark

Nijmegen, Netherlands

anne

Cologne, Germany

Craig

Memphis, TN, United States

E

erica

antwerpen, Belgium

Max Lettenberger

Madison, WI, United States

Kevin

San Francisco, United States

JC

JD Conley

United States

Carla

Amsterdam, Netherlands

Aran Dunlop

United States

Rosario von Li

San Jose, Ca, United States

I

isaac

United Kingdom

RC

Rudi Chen

United States

Derek Anderson

Yankton, United States

JM

Jane Mattoon

United States

SA

Shar Alamdari

Los Angeles, United States

chessplayer

Berlin, Germany

JA

Joshua Axtell

United States

MM

MB McKenna

United States

VC

Victor Chong

United States

Grégoire

Zurich, Switzerland

BE

Bob Ewing

United States

R

Ryan

Albuquerque, NM, United States

M

Mark

Toulouse, France, France

HCPSPIRIT

Helsinki, Finland

Bryce Bow

Bloomington, In, United States

Jane

Ontario, Canada

CN

Craig Newmark

United States

daniel

maryborough, Australia

A

Anonymous

United States

MR

Micky Richards

United Kingdom

MC

Melissa Corrigan

Richmond, California, United States

JT

Joanne Thompson

United Kingdom

RD

Roel De Meester

Antwerpen, Belgium

Greg DeKoenigsberg

Durham NC, United States

LM

Lee Montecucco

Washington State, United States

AM

Andy Marston

United Kingdom

SB

Stephen B

United States

JM

Joseph Moore

United States

Richard Paulin

Melbourne, Australia

DO

Denis Ontiveros

Guildford, United Kingdom

HW

Harry Wegert

United States

AO

Ahmed Omar

Netherlands

R

RM

Australia

N

NickN

United States

EA

Eric Ayers

Atlanta, United States

Taylor Vaughn

Nashville, United States

KF

Kathy F

Memphis, TN, United States

I

Isaac

United States

Andrew

United States

R

Roman

Germany

NB

Nikolaus Bührer

Karlsruhe, Germany

M

MaggieK

United States

RD

Regan Dishon

United States

Tom Purser

Cambridge, United Kingdom

C

Cianna

United States

J

John

Minneapolis, United States

F

fudo

Milan, Italy

CL

Caleb Liu

United States

DB

David Buchanan

Ilmenau, Germany

R

Ru

New York, United States

Youghal Boy

Co. Cork, Ireland

E

Emma

Netherlands

MN

Mike Newhof

Grand Rapids, MI, United States

S

Sebastian

Netherlands

J

Jeremy

United States

Utahna

United States

Babbitt Family Foundation

Sioux Falls, SD, United States

JI

James Innes

United Kingdom

Jan

Poland

CG

Chris Greene

Birmingham, AL, United States

Vincent Strangio

Pittsburgh, PA, United States

W

Wim

Deventer, Netherlands

B

Bharat

Princeton, United States

SS

Sabrina Shuss

United States

MH

Martin Hammick

United Kingdom

RA

Ray and Abram

Melbourne, Australia

AA

andria a

New York, United States

JS

Jessica Stovall

Austin, United States

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