Purchase of stock

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

I will travel to Kampala and go to purchase stock for my shop. I will buy children clothing, men's attires, ladies shoes and dresses. I will also buy jewellery and fast moving items that have small profit margins but I will sell in bulk to realise good profit.i will be looking at the trends so as to sell faster before items flood the market. I will be doing this in rotational basis

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.97

Date disbursed

Aug 18, 2019

Repayment status

On Time

Projected term

4 weeks

Lenders

Carrie

Arlington, MA, United States

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