Loan to buy jewelry

Maureen

Nairobi, Kenya

23% repaid

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 extra necklaces for my shop since there's a high demand. I will buy 15 sett of necklaces at a cost of $30.i will also help the young youth learn the way up of being an entrepreneur and help them focus on their future by getting the knowledge of self employment.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$34.00

Date disbursed

Dec 5, 2017

Repayment status

Late

Projected term

8 months

Lenders

Paul Buchheit

Mountain View, United States

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