Hellen
Nakuru, Kenya
100% repaid
Name
Hellen
Member since
August 2014
On-time repayments
26 installments • 38%
My name is Hellen Nganga. i am a lady aged 25 and a second borne in a family of six. I operate an electronic general shop at Ngala Estate at Nakuru County.I went to Limuru Primary school for my primary school education, later joined Lughulu girls high school for my A-Level education. I later joined Acheavers college for my business course which i finished last year before venturing into business. I supply electronics to my customers such as TV set, Speakers, Radios Electronic cables. touches etc.
I operate a general shop worth Ksh. 50,000 at Nakuru County in Ngala Estate where i supply my customers with basic electronics like radios, Extension, Tv set, Speakers etc.
I will use the income earned to repay your loan and also to grow my business into a bigger business. My business is profitable since not everyone in my area is able to supply the same to their customers. Some of the risks involved is like Electricity short and Damage / breakage. Monthly cost approximates to Ksh. 10000. Sales ranges from Ksh. 20000- 25,000 every month.
I use the loan in addition to my savings to buy electronic such us Tv, radios and torches for my shop. The good thing about this business is that there are no competitors in the area thus a guarantee that my customers shall buy as they have already shown the interest. I would like lenders to fund the business since the it is a potential business and also to help me grow my business to be able to join them in future.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Aug 19, 2014
Repayment status
On Time
Projected term
2 months
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