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.
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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
Republic of Korea
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