Hellen
Embakasi, Kenya
100% repaid
Name
Hellen
Member since
June 2017
On-time repayments
30 installments • 20%
My name is hellen, I am a family woman in my late thirties. I was born in a rural setting which most people in my country refer to as ushago. We had a farm where we grew our staple food, the country's main food ; maize. In our home stead we were both farmers and business people too. I often helped my mother prepare boiled maize which we sold at the market. we also ground a few to make flour for cooking and later in the even sold roasted maize near the local stage. i have since grown up as a business minded person.
I belong to what here in kenya call ' chamas' , Our group makes bead products and sell them to local shops and markets. We consist of four members and we all contribute equally in man power. We also help each other raise funds to gather more stock and sell. I recently started my own business dealing with cereals. I wish to be financially independent and so my business will enable me to continue feeding my children, even when the chama as taken a partial break. I am only able to sell maize and beans in my small shop. I am able to make a total of 2500ksh per week, so repaying the loan will not be difficult for me,if i am fully funded.
The chama/ bead group has a short fall of approximateley 8000ksh to help us meet an order for a tourist group in karen area. The group has decided to therefore apply and share the burden of the total amount needed to boost this project. The 2500 recieved after the deduction in the membership fund , the money will all got to purchasing beads and other materials needed to complete the project.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$45.00
Date disbursed
Jun 30, 2017
Repayment status
On Time
Projected term
10 months
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