Entrepreneur
Name
Jane
Member since
June 2014
On-time repayments
70 installments • 27%
About Me
My name is Jane N
a single mother of one .I was born in a family of three from a very humble background.I went to school where most of my time I lived under the care of my mother and my grandparents.Life at the beginning was tough but we were able to go to school upto any level we wished to,as my parents valued education lot.I later joined college after high school and was able to secure jobs in private sector before trying my hand in varius business,I have experience inm the bussiness world and can easily identify an opportunity at ha
My Business
ABOUT THE BUSINESS
My business is exciting as it involves research about the new and innovative home appliances. these are upcoming and in very high demand as lifestyle changes and technology taking over every day.I started with the small aplliances like the food steamers which were of hogh demand since most have realised the need to steam their food for a healthy living,I also introduced the slowcookers which were not known by most people and proved to be an must have commodity for the busy working single people as well as for the busy stay at home mums.
Currently the item that is on high demand is the halogen oven which is not only new but an important gadget that adds value to the modern Kitchen.
My first loan was to install internet in my house so that I could reach the many people during high traffic hours,I have accomplished and now I work for long hour targeting the high hours from the comfort of my house.
Loan Proposal
I have been doing online selling and I now feel i should try the open market where sellers meet others who are selling different items.These are normally called the exhibitions where we show case our products and buyers come as there is more attention to this.The next sales exhibition i intent to participate in is around 25th to 3oth nov 2014.
With the borrowed amount I intend to include maasai shuka to my already available household stock.I will use 10000/ or usd 85 to but thw shukas whereas the remaining will go to hire the space where I will showcase them.This will most likely give me a profit usd 50 combined with my other exsisting household appliances this might add upto a profit if usd 150 for the whole period.
I will look forward to this new loan/
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Loan Info
Project Type
Classic Loan
Disbursed amount
$147.00
Date disbursed
Nov 14, 2014
Repayment status
Late
Projected term
13 months
Other loans
Lenders
New York, United States
Republic of Korea
Jake Gibson and Beverly Picardo
San Francisco, United States
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