Loan to expand my shop

Esther

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Esther

Member since

May 2016

On-time repayments

51 installments  •  53%

About Me

I was born in the murang'a County in a family of 6 children being a last born. I went to kibbutz primary school before joining kiriaini girls. I joined Kenya polytechnic to study analytical Chem. I didn't complete my studies due to lack of school fees. I got employment in a flower company i made a good saving of y i come which was about 20% ans since i had interest to start my own business i opened a small kiosk.my are is very well known for agricultural production due to its favorable climate . I would like my child to be a good person in the society, hardworking focused in education to become a doctor. I like reading, listening to music and watching movies.

My Business

I sell retail goods for domestic Iconsumption in my shop which include flour, sugar, salt, eggs, books, oil, and other stuff that basis needs for human consumption. I chose to invest in this business due to its customers demand with its good profit from the sells. I spend $50 to buy my stock on weekly basis which returns me a good profit from the sells. I use my profit to reinvest my business, pay rent and bills, pay school fees for my children and buying my own personal needs to develop my own life.

Loan Proposal

I will use my loan to to buy goods worthy $5 to buy 3 trays of eggs to add to my stock in my shop to cover the gap i have and be able to have enough supply to provide for my customers. This will increase my profit by over 10% which will help me to cater for my family needs. thank you all as am looking forward for your great support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Sep 21, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

G

guenter

Bremen, Germany

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