Loan for getting more stock for handbags

Drusilla

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Drusilla

Member since

April 2015

On-time repayments

214 installments  •  65%

About Me

I WAS BORN IN KISUMU,DID PRIMARY EDUCATION AT CHEMELIL SUGAR PRIMARY,HIGH SCHOOL AT NYAKACH GIRLS FINALLY HIGHER DIPLOMA IN BUSINESS MANAGEMENT AT KENYA INSTITUTE OF MANAGEMENT.MY MOTHER IS A WIDOW AND THAT IS WHY I DECIDED TO LOOK FOR CAPITAL FROM MY FRIEND AND STARTED A BUSINESS TO HELP HER FINANCIALLY BECAUSE SHE IS NOT WORKING.MY UPCOUNTRY IS IN KABONDO AND THE SOIL IS VERY FERTILE,WE GROW SWEET POTATOES.I HAVE A SON WHO IS 1YEAR 11MONTHS OLD AND THATS WHY I WANT YOU TO LEND ME MONEY SO THAT I GROW MY BUSINESS TO MAKE HIM COMFORTABLE.I LOVE COOKING ALOT AND THAT IS MY HOBBY.

My Business

I SELL HANDBAGS AND PANTIES AND CLOTHES FOR BOTH LADIES AND CHILDREN.FOR INSTANCE I CAN GET A STOCK OF A SECOND HAND BALE FOR 25000 KENYA SHILLINGS AND GET A PROFIT OF AROUND 15000 SHILLINGS ON DAYS WHEN BUSINESS IS GOOD.I AM VERY HAPPY WITH MY CURRENT BUSINESS BECAUSE IT HELPS ME IN PAYING MY SON'S SCHOOL FEES AND HOUSE RENT.I CHOSE THIS BUSINESS SINCE WOMEN LOVE IMPULSE BUYING AND THATS AN ADVANTAGE TO ME.
THANKS AND GOD BLESS.

Loan Proposal

I WILL USE THE LOAN IN GETTING MORE STOCK FOR HANDBAGS WHICH AM HOPING TO SELL AND GET GOOD PROFIT WHICH I CAN USE TO EXPAND MY BUSINESS AND IMPROVE MY HOME.MY AIM IS TO GROW MY BUINESS FROM A RETAIL BUSINESS TO A WHOLESALE BUSINESS WHEREBY THE RETAILERS WILL BE COMING TO BUY BAGS IN LARGE QUANTITIES FROM ME.THAT WAY I WILL B MAKING MORE MONEY AND HOPEFULLY YOU WILL BE ABLE TO GIVE ME BIGGER LOANS.THANKS.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Oct 16, 2015

Repayment status

On Time

Projected term

9 months

Lenders

McJulio

New Jersey, United States

MW

Matt Willis

United States

Matt B

Stratford Upon Avon, United Kingdom

John Minges

United States

Anonymous

Ocoee, United States

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