Entrepreneur
Name
Nancy
Member since
June 2017
On-time repayments
10 installments • 50%
About Me
I am Nancy Maina, a Kikuyu by tribe but married to a Luhiya, a tribe from the western part of Kenya. What led me to being married in another community other than my tribe is the entrepreneurial culture in me. I found myself back in late 90's in Malava town doing business a distance, a full day if you travelled by road, from my ancestral home. I have four children now: three of them are in college, while one is still in primary school.
I managed to go to school till form four (that is, high school days). Because education was taken lightly during my time, I just had to abandon my studies, and due to the entrepreneurial culture among people from my community, I found myself in entrepreneurship. I started with 10 kshs I borrowed from my parents, and now my business all inclusive stands at 1500 dollars.
This has been a struggle for me to reach this point; I have overcome several hurdles, including the 2008 post-election violence where my business was nearly coming to a closure as my belongings were looted, but I never lose hope. Instead it strengthened my entrepreneurial spirit, as now I have diversified my business. I have four children, two of them are in college while others are still in primary school. In addition, I am a Christian and every Sunday I am off from work to attend church services.
My Business
As shown above on my profile photo I have a shop with stock worth $300. In my shop, I sell the following items: sugar, bread, soda, milk, maize flour, tea, cosmetics, salt, and rice, among other items. With a loan of $1500, I would restock Unga flour and soda. These are some of the items which are in high demand, and the stock never lasts more than 3 days.
Loan Proposal
In my shop i sell domestic products like sugar, unga, salt, soda, cooking fat ect. But for this loan i will purposely use to increase unga stock as this is what is in high demand now and fetches high profit due to prolonged drought experience in kenya this year. With aloan of 111dollars i will buy 10 bundles of unga box costing 108 dollars, and the raining 3dollars will cover transport cost. The revenue after sale will amount to 35dollars in aday. And the stock doesnt last more than a day.
About Me
I am Nancy Maina a kikuyu by tribe buy married to Luhiya a tribe from western part of Kenya, what lead me being married in another community other than my tribe is the entrepreneurial culture in me. I found myself back in late 90's in Malava town doing business a distance a full day if you travelled by road to my ancestral home. I have four children now three of them are in college, while one is still in primary school. I manage to go to school till form four, that is high school days, and because education was taken lightly during my time i just had to abandon my studies and due to entrepreneurial culture among people from my community i found myself in entreprenuership. I started with 10 kshs a borrowed from my parents and now my business all inclusive stand at 1500dollars, this has been a struggle to me to reach this point, i have overcame several hurdles including the 2008 post election violence where my business was nearly coming to a closure as my belonging were looted then, but i never lose hope instead it strengthened my entreprenuerial spirit as now i have diversify my business. I have four children, two of them are in college while others are still in primary school. In addition, am a christian and every Sunday i am off from work to attend church services.
My Business
As shown above on my profile photo i have a shop with stock worth $300. In my shop, i sell the following items; sugar, bread, soda, milk, maize flour, tea, cosmetics, salt, rice, among other items. With aloan of $1500, i use in restocking Unga flour and Soda. This are some of the items which are in high demand, and the stock never last more than 3 days.
Loan Proposal
In my shop i sell domestic products like sugar, unga, salt, soda, cooking fat ect. But for this loan i will purposely use to increase unga stock as this is what is in high demand now and fetches high profit due to prolonged drought experience in kenya this year. With aloan of 111dollars i will buy 10 bundles of unga box costing 108 dollars, and the raining 3dollars will cover transport cost. The revenue after sale will amount to 35dollars in aday. And the stock doesnt last more than a day.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$109.00
Date disbursed
Jun 10, 2017
Repayment status
On Time
Projected term
2 months
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