Colored beads and binding strings for making traditional ornaments

Peris

Kapyagan Village, Kenya

68% repaid

Entrepreneur

Name

Peris

Member since

May 2014

On-time repayments

22 installments  •  27%

About Me

hey guys,am a girl from a humble background who wants to beat poverty against all odds.am an Accountant by profession.Because i couldn't get a good job in the industry,I decided to make beaded ornaments(traditional ones) and sell them to get income.I would like to go back to school to pursue a Degree as soon as my business grows because i did Diploma in Accountancy.My hobbies are;socialiazing,reading novels and cooking.Am hoping that in five years time i will be supplying my ornaments worldwide because thats what I like doing most.

My Business

My business is of making beaded traditional ornaments and selling them to earn income.Culture is the most essential of our heritage.My customers buys these ornaments to preserve their culture.In a month i sell goods worth 25 dollars.The risks I face is people who copy my work to sell it at a cheaper price thus high competition.I would like a loan to buy more beads and strings use to bind them at a wholesale of 150 dollars.In the near future I would like to start an organisation where I will teach girls from underprivilleged background on how to make such ornaments to raise their standards in the society and for them to continue their schooling.

Loan Proposal

I will use the loan to buy beads and binding strings at a wholesale price making me make more profits when I sell the ornaments.I want to realise more income.when i have realised more income i will expand my business to new and higher horizons.i will sell my ornaments internationally and raise money to start a foundation to help the needy girls in the society by teaching them how to make the ornaments and sell them so as to improve their living standards and maybego back to school.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jun 2, 2014

Repayment status

Late

Projected term

5 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

Ishaque

New Jersey, United States

KYLE LARSON

Little Falls, United States

J

Joyful4

Plano, United States

Namaste250

Pittsford, United States

S

sjenkins

Swansea, United Kingdom

Sarasota

Sarasota, Fl, United States

S

seikatsu

Palo Alto, CA, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

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