Nelly
Kosirwonin Village, Kenya
100% repaid
Name
Nelly
Member since
March 2014
On-time repayments
360 installments • 22%
My name is Nelly Jepkorir Rutto from Baringo north a district in the Rift valley.I am the eldest in my family and very lucky to be in campus.I have a brother and two sisters who are in secondary school and this makes my parents strain financially because my mother is unemployed.I decided to open a small business where I sell men clothes,so that I save some money which I use to pay accomodation fee,for upkeep and part of my school fees in school.I do this on weekends and also evinings when I have finished my classes.Right now we are on long holidays untill september.
I run a couple of businesses .I started off with men clothes and with a push from zidisha,I expanded the business.I buy men official shirts in bales and sell them(second hand).A bale is about $120 and contains about 50 shirts.I make around 95percent profit from selling these shirts.I used my second loan to add stock and some plastics to my shop and it is also doing well.I used my fourth loan to buy a smokey trolley but I had to put it on hold after we resumed to school.I did not find someone who could do the business for me.My business is doing really well and I had saved enough to purchase a laptop for school work.Some of the profits go to rent,accomodation money andalso help out my family.
I am also the owner of https://sleep-101.com.
Hello lenders,I feel great to have completed paying my 4th loan and I am back for a 5th one.I am just about to clear my university education thanks be to you as I used profits from my previous loans to pay school fees for three semesters and now I am on my last semester.My loan proposal this time is to purchase a sausage/smokey trolley.I made my survey and found out that no one from my home area is selling smokey and would love to introduce it to them.I know it will be the most successful business I have ever thought of as I asked many people if they want to try them out and they agreed,another advantage is that I already have a shop and I'll just place it outside,then in the evenings I will be moving it around.The trolley goes for about $60 and a packet of smokey is around $2.The profit is double the buying price and maybe on a good day I might be able to sell up to 5 packets.I want to save the profits so that I can buy a piano after 5 months.
Positive
6
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$81.00
Date disbursed
Feb 16, 2015
Repayment status
On Time
Projected term
3 months
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