Ladies clothes and boutique

Cherotich

Cheptigit Primary School, Kenya

100% repaid

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

i intend to add my stock that is to buy ladies dresses of which cost 16dollars for 10 dresses,ladies earrings at a cost of 16 dollars for 30 pieces and 16 dollars for ladies blazers for 15 pieces.The ladies dresses i will sell them at 2.8 USD, ladies earrings at 1.10 USD, and ladies blazers at 2.80 USD .My intended profit will be 51.50 USD. I intend to add on my stock.
thank you!

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

May 20, 2015

Repayment status

On Time

Projected term

2 months

Lenders

Scotts5320

New York, United States

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