Purchase of men's clothes for resale

Nellie

Bungoma , Kenya

100% repaid

Entrepreneur

Name

Nellie

Member since

April 2017

On-time repayments

11 installments  •  64%

About Me

Am 34yr old female entrepreneur running a boutique,Mpesa,I import electronics too.Besides that I do transport business with tuk tuks and motorbikes.Am a graduate and working with Innovations for Poverty Action NGO on contracts too.I have ventured in small scale farming where I rear chicken and a dairy cow for milk,it's challenging given that idont have a big space but hoping in future to get big space and venture better.

My Business

I started my businesses named above through savings and life insurance policy loan.i have grown for 3years and would like to expand.I completed the insurance loan and even my policy matured and I got the surrender value.I have since incorporated mpesa business to the boutique and I would like to open a new men collections line since I've been specializing on children and ladies collection

Loan Proposal

The loan amount is so little but it will assist as travelling expense to go purchase my boutique stock for christmas sale since December is a peak month for sale.Once I purchase the stotck of children clothes and shoes worth 350dollars it will give me profit of 150dollars.I will also incorporate back to school requirements as schools are opening in two weeks time so that i capitalize on more sales

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Jan 9, 2019

Repayment status

On Time

Projected term

1 week

Lenders

ElWal

Kirn, Germany

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