Loan to add more stock of hotpots

Agnes

Eldoret, Kenya

25% repaid

Entrepreneur

Name

Agnes

Member since

March 2017

On-time repayments

52 installments  •  48%

About Me

I was brought up in a humble background
Struggled going to school but managed to finish form four.
I have done many contractual jobs where I managed to save some money to start selling household items in my neighborhood.
I have four children who I raised well and hope to continue supporting them until they achieve the destined goals in life.

My Business

Through the hardships that I went through i managed to save some money tha I used to start household retail business. I sell household items that's plates, cups. Thermos flasks and sufurias. I walk around the neighborhood house to house looking for customers. I sometimes sell through orders that customers call me and I deliver according to their needs.
I make sales of upto KES15000 per month.
From which I feed my family and pay school fees for my children.

Loan Proposal

Currently I am selling hotpots that I take around my neighbourhood house to house. They have proved to be very much on demand. They are used for keeping food warm. I am requesting for more funds to buy more of this hotpots to supply I wish to include thermoses in this batch of purchases. One set of hotpots I buy at USD 8.5 and sell at USD 12.5 this reflects to a profit of around USD4 per set.
With this profits I can be able to expand my business and improve the livelihood of my family.
I real thank you for being part of my business and look forward to your great support.

Feedback

2

None

None

  • Margaret    Oct 5, 2017

    Agnes paid her loan off in a timely manner, I would gladly lend to her again!

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  • Margaret    Jul 9, 2017

    Agnes paid off her loan very early and was excellent at keeping us inform of her progress. I would gladly lend to her again and encourage others to do the same!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

Jul 12, 2017

Repayment status

Late

Projected term

3 months

Lenders

dlpringle

Denver, United States

PG

Paul Graham

United States

A

Andrei

United States

J

James

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

M

Margaret

United States

A

Anonymous

United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

G

Gemma

Australia

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