Entrepreneur
Name
Stella
Member since
November 2016
On-time repayments
75 installments • 55%
About Me
I was brought up in a low income family, went to school upto O level but was unable to proceed to college due to lack of school fees. I started engaging with charity work/volunteer work in my local church where I gained some experience that brought the idea of business. I proposed the idea to my sister who lent me 10,000.00 to start with.
I have three children in school who have big ambitions. And I could like to nature their talents by working hard to pay their school fees.
My Business
I do selling of new clothes and mitumba clothes in Kapsabet market plus the surrounding centres.
I chose this business because it looked lucrative and fast moving
The major costs in this business are county taxes/taxes that we pay in a daily basis. On a good day I can make sales of between 6000 and 10,000.00 KES reflecting to a profit of between 1000 to 2000 KES.
I use my profits to pay house rent, daily upkeep for my family and school fees for my children.
Thank you
Loan Proposal
I wish to buy new clothes at least 6 @ USD 3.50 Totaling to USD 21. This purchases will help me be able to increase my earnings and thus be able to settle my household bills and pay school fees for 2nd term. I expect my profits to improve by USD 9.
Regards
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$18.00
Date disbursed
Jan 20, 2017
Repayment status
On Time
Projected term
7 weeks
Lenders
United States
Ask Stella a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.