Entrepreneur
Name
Everlyne
Member since
January 2016
On-time repayments
136 installments • 38%
About Me
I am everlyne Ombima a young mother with a beautiful girl. Having completed my college studies three years ago I have been working hard to ensure that I and my kid are living in good life but it has not been easy. My goal was to proceed to university but due to lack of school fees i had to put a stop for a while. Life being what you make it; I have tried many businesses but finally settled at utensil retail business.
It has been helping but not as well since it is small and cannot enable me to expand it and earn me a living. I know I will go far if I get support. It is very difficult for me to acquire a loan from lending institutions due to their high lending rates. Also the requirements are a bit hard to adhere to. I will grateful if you help me for my better future. Thank you.
My Business
My business has been selling utensils and kitchen related items for the last two years though the journey is not smooth. As life becomes harder my business also becomes stagnated. I won’t say that it is not helping me since it is my source of income for my house rent and other bills.
The business is worthy Ks10, 000 and when i calculate the monthly gross profit is around ksh 6000. I want my business grow and grow to fully feed my family. I sell plates, spoons, knives, jags, cups, cooking pans and some other locally made items. I want the business to grow and with you am sure it will. The profits are mostly used in paying my daughter’s school fees and feeding the family. So it becomes difficult for me to expand the business. As per now the business is still stagnated.
Loan Proposal
I am applying this loan so that i can expand my business in order to achieve my goals in future. It is not much to create a great impact but i believe with time all will go on well. Am looking forward having the profit increase from ash 6000 gross to ksh10,000. I will spend the ksh2000 in purchasing some stock. Am sure if i continue to increase the amount that i can borrow then my business will grow to assist me and create jobs for the society.
I will be grateful if you to have the positive response.
Yours
Ombima everlyne.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$20.00
Date disbursed
Jan 13, 2016
Repayment status
On Time
Projected term
4 months
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