Name
Jeridah
Member since
May 2014
On-time repayments
253 installments • 57%
Am one person who has come far since my childhood.I have a degree in Community Development and so am passionate working with the community at large since i got to learn so much and appreciate different lives.
Am employed but i had to get a side hustle to boost my income and am involved in small business in selling women handbags and kids staff.
I started my small business with a capital of 10000 and i must say now it has grown and its stable.
My daughter would want to be a doctor and this makes me smile everyday.
I love traveling and interacting.
My business involves selling online different stuff for ladies,gents,and kids.I normally sell women dresses men trousers and kids dresses.
My profit margin range from 500 to 2000 Kenya shillings depending on the item am selling.Abgood example is when I get to sell women dresses I buy them from 1300 to 1500 and I get o sell them at 2500 of which I make a profit of 1000.
My loan proposal this time would help me get kids clothes since we are heading to Christmas season and the demand is normally high we get to buy kids clothes @500 and sell @1000-1500 which I believe it's a good margin that can sustain me.
Am also planning to add more stock on what I have at the moment at the shop.
I plan with the loan i will get is to get the second hand clothes from the market and get to sell to my colleagues and my old customers in order to make end meet.The price of the ladies clothes tend to go for the range between 200-250kes.
This will benefit me as an individual since ill be able to use the profit i make to get more stock and also get to make ends meet,It will also assist me in paying for my daughters school fees.
I look froward to increase a profit of about 2000 depending on what i get from the market and also the sales profit.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$32.00
Date disbursed
Jun 13, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Ask Jeridah a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.