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

Same as the previous proposal. I plan to increase the number of inner wear from 18 pieces.
I get to buy lady inner wear in wholesale and sell to friends, family and colleagues at a small profit.

With more pieces, I can increase the sales and therefore realize more profit from the sales.
The expenses will only include delivery costs for those clients that are not within my easy reach.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$8.78

Date disbursed

Nov 22, 2018

Repayment status

On Time

Projected term

2 weeks

Cost to entrepreneur

Service fee: $0.37

Credit risk payment: $1.48

Lenders

Paul Buchheit

Mountain View, United States

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