Purchase of 4 big sufurias

Everlyne

Kahawa, Kenya

26% repaid

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How it Works

Entrepreneur

Name

Everlyne

Member since

January 2016

On-time repayments

136 installments • 38%

About Me

I am everlyne Ombima a young mother with a beautiful girl. Having completed my college studies three years ago I have been working hard to ensure that I and my kid are living in good life but it has not been easy. My goal was to proceed to university but due to lack of school fees i had to put a stop for a while. Life being what you make it; I have tried many businesses but finally settled at utensil retail business.

It has been helping but not as well since it is small and cannot enable me to expand it and earn me a living. I know I will go far if I get support. It is very difficult for me to acquire a loan from lending institutions due to their high lending rates. Also the requirements are a bit hard to adhere to. I will grateful if you help me for my better future. Thank you.

My Business

My business has been selling utensils and kitchen related items for the last two years though the journey is not smooth. As life becomes harder my business also becomes stagnated. I won’t say that it is not helping me since it is my source of income for my house rent and other bills.
The business is worthy Ks10, 000 and when i calculate the monthly gross profit is around ksh 6000. I want my business grow and grow to fully feed my family. I sell plates, spoons, knives, jags, cups, cooking pans and some other locally made items. I want the business to grow and with you am sure it will. The profits are mostly used in paying my daughter’s school fees and feeding the family. So it becomes difficult for me to expand the business. As per now the business is still stagnated.

Loan Proposal

I will use the loan for purchasing 4 big sufurias which am going to use for cooking cereals such as maize,beans,rice,green grams,yellow grams among others.the cereals will be sold to people within my locality whom ivhave observed that they like cereals.