Lady wear

Elizabeth Ndirangu

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Elizabeth Ndirangu

Member since

August 2017

On-time repayments

34 installments  •  62%

About Me

I am a married lady 36 years of age. I have a 5year old girl and a 2year old baby boy. I am a first born of 3 other siblings who look up to me for guidance in life.

My Business

I am currently employed in the banking industry where I've been in the past 9years and 9months. My employer pays me a monthly salary. I have developed an interest in business which I've realized helps ends meet by having an extra coin aside from the monthly salary.

With the last proposal, I bought a few lady inner-wears in wholesale and sold to colleagues and friends at a small profit. I did this for a year and it was manageable up until COVID-19 struck and I had had a newborn.. It became tough. Later on I ventured into buying fruits and selling to neighbors in our estate. I still try to do this though iregularly.

Loan Proposal

I plan on adding the quantity of ladies inner wear to be bought on wholesale which will enable me increase the sales volume to about 15 pieces. The buying price of one piece is $2 and selling price is at $2.5. If this is achieved, the profit realized will also increase significantly, start small and progress.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.78

Date disbursed

Oct 14, 2018

Repayment status

On Time

Projected term

3 weeks

Cost to entrepreneur

Service fee: $0.37

Credit risk payment: $1.10

Optional expediting fee: $0.74

Lenders

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