Entrepreneur
Name
Ann
Member since
March 2016
On-time repayments
155 installments • 45%
About Me
My names are Ann Muthoni Muchunu. I hail from subukia in Nakuru County. i am a farmer dealing with various cash crops but I mainly plant tomatoes and beans. I am a christian and God fearing woman. I have gone through the 8.4.4 system of education and did not go past form four due to lack of funds. I am a proud mother of two girls. My husband, a farmer also assist me in any project that I come up with. This is meant to boost our income and thus helping us achieve our goal. I am also an active member of St. John's Catholic church youth and YCS. I like participating in social work.
My Business
I have been in farming business and recently with the massive crop failure, I was forced to diversify my business to incorporate an activity which was not dependent on rainfall or weather. This is meant to ensure that incase one area fails i will still have plan B. currently I have decided to start a shoes and clothing sales business. Happily its my mother who assist me in running the business and its doing very well.
Loan Proposal
My third loan will go towards purchase of stock for my new establishment. At the moment am dealing with purely new clothes and shoes whose prices are relatively high and most of customers may not afford this price. I have decided to go for second hand bales of shoes and clothes which will be a bit cheaper to my customers. I anticipate to increase my earnings in the process. I have set aside USD 400 towards the shoes and clothes.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$441.00
Date disbursed
Sep 5, 2017
Repayment status
Late
Projected term
21 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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