Loan to expand my business and purchase a laptop, cash register and inventory

Evelyne

Kisumu City In Manyatta Slums, Kenya

100% repaid

Entrepreneur

Name

Evelyne

Member since

July 2015

On-time repayments

282 installments  •  45%

About Me

I Evelyne Adhiambo Anyumba,iam a second last born in a family of 9,I have a diploma in public relations which I studied with a lot of difficulty since my father died and left my mother in a very hard situation. I am amother of four two boys and two girls I struggled through my childhood education,By selling charcoal and mandazis for my mother everyday after school till I completed. Out of the small capital of ten thousand my mother took from merry go round I bought items for boutique and have grown till now I make ten thousand per month. I like travelling as ahobbie this gives me good ideas.

My Business

I own a boutique in a slum called Manyatta where I live in Kisumu town and i sell beauty products like shoes,second hand clothes,hair products,facial products and bags for ladies,many people use them and hence a very big demand.where I live is far from town and I saw the need of bridging the gap.I started with an average of ten thousand and people are in demand of these goods since its very hard for them to move to town and get them therefore I need more money for expansion because have found the market so lucrative and rewarding This will enable me to employ one more person to help in promoting the sales and also as away of giving back to the community.

Loan Proposal

I have seen and proved that the more stock you have the more you sell and get more clients of different caliber and class.therefore I need a laptop and a paying machine for easy stock management and accountability,and add more stock that would also expand my beauty shop.I'll also employ one other person to make them two hence creating employment and giving back to the community.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$397.00

Date disbursed

Feb 15, 2016

Repayment status

On Time

Projected term

15 months

Lenders

Matt B

Stratford Upon Avon, United Kingdom

PG

Paul Graham

United States

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