Loan to increase stock for my boutique

Leah

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Leah

Member since

October 2015

On-time repayments

201 installments  •  9%

About Me

Am a third born in an awsome family of three, a businesswoman thanks to the boutique i own.
I was born and raised in nakuru before later moving to nairobi, as a kid i always dreamt of being a doctor and a business lady.
I started my business through savings and also through a short term loan from my local welfare group.
My hobbies entail singing, swimming and dancing.

My Business

My business is basically a boutique and involves selling commodities such as;
earings
chains
perfumes
cutex
body sprays
lotions etc.
These goods are in demand because people need them in their day day lives to look good.
i chose to venture into this type of business because of my passion for beuty.
My typical costs include:
rent- $50
electricity bill-$10
county licence-$10
While my monthly revenue usually averages around $370.
I usually re invest most of the profits into the business

Loan Proposal

With this loan i shall purchase;
earrings worth $30
chains worth $25
This will enable my business to further provide this goods which are in demand thereby ensuring customer satisfaction and boosting profit margins.
Bearing in mind that there is a membership fee to be settled, i project an increase in profit by 2%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Nov 26, 2015

Repayment status

On Time

Projected term

22 months

Other loans

Lenders

Matt B

Stratford Upon Avon, United Kingdom

PG

Paul Graham

United States

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