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 use the amount to add to inventory purchase. I will buy children clothing for resale. I will buy school socks for sale, I will buy school bags for sale. I will travel to Kampala to buy new stock including ladies flat shoes and belts.I will resale to get extra income .i do the purchase of stock depending with fashion /trend and fast moving items. I will facilitate the addition of mpesa business to be able to circulate the cash btn the sale of boutique stuff and mpesa
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Loan Info
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Jan 13, 2020
Repayment status
On Time
Projected term
2 weeks
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