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 purchase ladies shoes for resale, rotate the money in Mpesa business.It is Christmas season so I will buy children clothing for resale and capitalize on school opening so I will buy school bags,socks,shoes for those doing shopping early. I will rotate the business in that way up-to end of January

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Nov 20, 2019

Repayment status

On Time

Projected term

2 weeks

Lenders

R

Ru

New York, United States

Ask Nellie a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Nellie    May 20, 2020

    The loan assisted me for transportation of goods for resale expense. Every little amount assists. Am greatful

    Log in to reply • Share
  • Nellie    Jan 13, 2020

    Thanks for the support

    Log in to reply • Share
  • Nellie    Sep 29, 2019

    Though it's not enough it will assist in business travel expenses.

    Log in to reply • Share
  • Nellie    Sep 2, 2019

    I received the loan, I have already repaid my first instalment.I appreciate for the amount but the credit amount is so low and rises up very slowly

    Log in to reply • Share
  • Nellie    Aug 17, 2019

    I used for travelling expenses to Kampala to buy new stock

    Log in to reply • Share
  • Madesto    Mar 1, 2019

    i called nellie and she promised to pay her dues by the end of march.thank you.

    Log in to reply • Share
  • Madesto    Jan 30, 2019

    i called nellie and she promised to pay her dues by 14th of february.thank you.

    Log in to reply • Share
  • Nellie    Jul 28, 2018

    The loan is less but it will assist as travelling cost to go pick my boutique stock

    Log in to reply • Share
  • Nellie    Jul 16, 2018

    I have repaid my loan of 1015 today 16/07/2018.Mpesa ref number is MGG3K0R1ZF.Please update.Thanks

    Log in to reply • Share
  • Madesto    Jul 10, 2018

    i called nellie and she promised to pay her dues by the end of next month.thank you

    Log in to reply • Share


Loading...

Loading...

Loading...