Christine
Kasarani,nairobi, Kenya
73% repaid
Name
Christine
Member since
May 2014
On-time repayments
15 installments • 33%
I am a 26years old graduate with great interest in business. I started business long when still in college where i used to buy and sell sanitary towels and pants for ladies. I used my saving to settle here in Nairobi and proceed with business ventures.After graduating from campus in 2012,i came to Nairobi where i involved my self in business.
My business involves hawking of male leather shoes and shirts to offices mostly in upper hill,i also deliver grocery to client on request. Grooming is key for executive clients,they need to look good and presentable when doing their duties,this demand never ceases through out the year. Equally,grocer is most assuring business in Nairobi today,clients will never stop eating,so continued flow of goods is a guarantee.The shoe & clothes business brings in a maximum of five thousand kshs per week,the grocer brings in a income of 1,200 kshs where i work on Saturday and Sunday only. This two businesses feeds me,clothes me and provides for my other family members. The business need a boost in financing to establish a stationary grocery shop in Kiambu.
Italian shirts project is a project meant to meet the clothing needs of the middle & lower class individuals.The money will be used buy more shirts to increase stock since this season is peak and sales are high.This includes buy cheap shirts and selling at a additional value.the business will be able to repay the loan every end of week according to the agreed terms.The business is highly profitable,dressing is a basic need for Kenyans so stock is move quickly.This means from one product i can make a 250kshs profit selling 5 products a day that a massive kshs 1250 profit.Therefore repaying the loan can never be a challenge at whatsoever cost.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$46.00
Date disbursed
Dec 1, 2014
Repayment status
Late
Projected term
3 months
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