Loan to buy stock for my business

Carolyne

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Carolyne

Member since

December 2018

On-time repayments

8 installments  •  63%

About Me

My name is carolyne Auma 28years Old. I was born in western part of Kenya in Kisumu city. I lost my parents when I was still young at the age of five years. I was taken to school by my uncles where life became very difficult because He was not paying my school fees this forced me to start a small business which helped to pay school fees a nd provide some money to buy school uniform and study books.
After i finixshed my fouuth form i continued with Business to raise money so that I can join the university. This business hhas created employment to other people in the commuunity. My profit has increased from Ksh. 3000 to 4000 weekly.

My Business

I sell second hand clothes for the people in my community at affordable price. my clothes are high in demand since I leave in a slum and most people cannot afford new clothes. I chose to start this business because it requires very small capital to start.
This Business makes me a profit of ksh. 3000 to 4000 weekly,I use this profit to pay my school fees and service zidisha loan.

Loan Proposal

I will use USD200 to increase stock for my Business.
This business will help me pay my school fees and create employment to people in my community.
My profit will increase from ksh. 3000 to 4000

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$21.00

Date disbursed

Dec 21, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

Paul Buchheit

Mountain View, United States

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