Entrepreneur
Name
Maureen
Member since
September 2017
On-time repayments
41 installments • 34%
About Me
I was born in a family of 3, two boys and I, who is the only girl. I went to Mary Leakey girls high school where I did my o-levels and managed to pass and joined a technical college where I did a diploma in business enterprise and entrepreneurship education.
I borrowed my parents some cash to start my own jewellery business.
I would buy them at a cheap price then I sell them at schools and party weddings.
I earn my income and I use the profits to expand my business.
My Business
I buy jewellery at a price of $0.5 for a pair of earnings and sell them at a 60% profit.
At a normal day I sell more than 15 pairs of earnings and bracelets.
I chose this business since its my passion and I love the beauty of art.
I use my profits in business expansion and buying food at my home.
Loan Proposal
I will use the loan to buy beads to add in my beauty shop which are very rare to get in other shops at our market,this will attract many customers in my shop,I will buy them at cost of $30 where am expecting an increase in profit upto 55%,I will use the profit to pay my loan and business expansion
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Loan Info
Project Type
Classic Loan
Disbursed amount
$35.00
Date disbursed
Nov 1, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
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Helen Horseman Sep 23, 2017
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