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Catherine

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Catherine

Member since

February 2015

On-time repayments

46 installments  •  43%

About Me

my name is Catherine Kemunto Nyakundi. I am 26 years old from Kenya. i am the 5th born in a family of 9 children. i finished my secondary school education in the year 2007 and scored a C+. I started doing business in 2008 where i sold clothes at Gikomba market. in December 2009, i enrolled in school based program at the University of Nairobi where i studied BED(Arts). I finished my course in 2013 though I could not graduate due to school fees arrears. I embarked on my business in the same years where am working towards clearing the fees an graduating this year 2015.
My greatest dream is to became a renown business woman. I discovered this after i tried teaching in several secondary schools and realized that i could business better. i enjoyed doing business more than my career choice because i realized there was more to business than in a class. that is not to say that teaching is bad.

I am now planning to stick on business and enroll in a business course next year so that i can add more knowledge in the field .

My Business

My main source of income now is my skill in beauty which i do in my home.
my services include; plaiting, weaving,manicure and pedicure. i do this on my customers who know me and have been working with me for some time. I make around 2000 or less per week from this venture.

Apart from this, i also sell second hand clothes at my small shop. i sometimes deliver them to my customers any time and any place. from this business, i make 4000 or more during a good sales day.

Did i tell you that am also a farmer, well i guess i didn't. This month has been been a busy one since i have been working on my four acre farm in Narok. I dont own the land i leased it on a one year contract. its planting time, after long wait for the rains.

Loan Proposal

since i have saved some money, i will add the loan to increase my stock which i extend to sell in Mombasa where i realized business is favorable. . i plan to buy more clothes which together with my business associate Sammy who resides in Mombasa will sell.
My other business partner Alex, has also come up with a plan to start a salon. so some of the money will go to the salon project.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 17, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

Matt B

Stratford Upon Avon, United Kingdom

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