Name
Agnes Nyak
Member since
March 2017
On-time repayments
18 installments • 78%
I was born and raised in kisii county in a below average family. I have two children who stay with me schooling. And I pay their school fees.
We struggled to go through school but I managed to finish o levels.
I moved to nandi county where I started a small business of selling kitchenware that is currently sustaining me. I managed to get funds from my siblings that I used to start the business.
I own a small shop that i managed to start with the little funds I had where I sell kitchenware and other household items.
I make sales of upto 200USD per month with profits of upto 80Usd. This helps me feed my family and handle business expenses. This items are in handy in this neighborhood because at least every household needs kitchenware. I look forward to more expansion and maybe open outlets in nearby centres. And also engage an assistant to help me in dispatching to door steps.
I am requesting for funds to add more stock of pressure cooking pots and sufuarias. After trying them last time they proved to be very much on demand and I was not able to satisfy the market therefore need to add them again. One pot is going for 18USD. This funds will boost my savings to purchase this items. This pot if I sell at 25USD I make good profits.
Since my neighborhood is a low income society people prefer energy saving items that also helps in making savings on money/expenditure.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$15.00
Date disbursed
Jul 25, 2017
Repayment status
On Time
Projected term
3 months
Other loans
Ask Agnes Nyak a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.