Stock of stationery and other supplies for school reopening

Pamela

Luanda, Kenya

100% repaid

Entrepreneur

Name

Pamela

Member since

April 2021

On-time repayments

9 installments  •  67%

About Me

Am Pamela achieng from Kenya vihiga county Luanda subcounty I was raised by my grandparents after my parents passed away I become an orphan at a tender age of 3years I didn't attend high school because of poverty my grandparents could not afford it was forced to search for employment at a young age I a retail shop this is where I gained my business skills

My Business

I own a business by the name lubya wholesalers lmt located along Luanda majengo highway I also do some tailoring to increase my income

Loan Proposal

Now that schools have opened the demand for stationary has greatly increased with this opportunity am going to utilize this loan in stocking my shop with stationarys ie books,both a4 size and normal size, rubbers, pencils, geometric sets,biro pens and sharpeners this is a lucrative business which I believe if I invest in it it will increase my income from the experience I have gained in my shop it has helped me in reading the customers needs and trying to meet them.Am confident with your help I will be meeting my customers needs.

Income Source

With the profit I will be getting from this business i will use it to repay my loan my business is located in a location surrounded by a number of both primary and secondary schools this will play a big advantage in promoting my business for instance if I can manage to sell 4 dozens of 96,32&48pages exercise books In a week I will be making a total profit of 840ksh from a capital of 1080 ksh from this illustration it's clear that my business proposal is viable and can comfortably repay my loan

Feedback

1

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None

  • Anonymous    May 24, 2021

    Pamela repaid her loan early. I wish you good luck with your future

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Loan Info

Project Type

Classic Loan

Disbursed amount

$59.00

Date disbursed

May 24, 2021

Repayment status

On Time

Projected term

3 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

A

Anne

Germany

B

Barbra

United States

BL

Barb Laser

United States

A

Anonymous

United States

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