Pamela
Luanda, Kenya
100% repaid
Name
Pamela
Member since
April 2021
On-time repayments
9 installments • 67%
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
I own a business by the name lubya wholesalers lmt located along Luanda majengo highway I also do some tailoring to increase my income
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.
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
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$59.00
Date disbursed
May 24, 2021
Repayment status
On Time
Projected term
3 weeks
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Anonymous May 24, 2021
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