Phidiliah Kibirisho
Nairobi, Kenya
78% repaid
Name
Phidiliah Kibirisho
Member since
March 2016
On-time repayments
83 installments • 7%
Am afirst born in a family of 6girls basically childhood was ok..alot of reading had to sacrifice alot of comfort so that my younger ones can get good education so did not join university until 3yrsago n thats how i started selling bags n shoes to help me raise the tuition fees..started with two bags i had bought n addedthe stock month after the other..in our land we lots of coconut and they are very healthy..
Ilove reading n travelling whenerver i get time
I sell ladies handbags and ladies shoes.. they are in demand since most ladies and women love new style and design hence getting new customers day in day out and am affordable.
Stock cost over 10000 and my revenues before expenses 25000.
I reinvest in my business and some pay for my school tution fees since am still in the university
Now am doing baking and selling..such a wonderful experience..and giving me good returns..thank you for the loan you have changed my business
If my loan is approved I will buy the big mixers because they are more durable n stronger to handle big cakes. I will also buy an oven that is bigger it can handle upto 6 cakes at a time and 72 plus cupcakes... The oven is 18000 and the mixer is going for 5800..so with the loan I will be able to get them since I have some little saved cash with for the same.
This two items will help me save on electricity and also time..... I will be able do a wedding cake in two days instead of the 6days that I take.
Am expecting my revenues to increase with 20% since I will not be saying no to cake orders with the oven in place.
Thank you.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$148.00
Date disbursed
Oct 13, 2017
Repayment status
Late
Projected term
8 months
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Victoria Fuertes Jun 2, 2017
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