57 installments • 28%
About me.Hallo.Im called Ruth Kwamboka.I was born in 1989 we are eight in our family,and im the last born.I was born in kisii district but im married in Nyamira district.The name kwamboka it means that my mother was crossing the road,then i was born beside the road.Nyamira is an highland area the most crop which is growing are tea leaves and banana.most familys are farmers,i started my education at mochengo primary school and joined mochengo secondary school.After completing i continued to Eldoret school of business management.There before i said im married with two children the first one in class two want to be ateacher.My interest in business started after finishing my collage i stayed at home without job,i told my mother to sell one cow so that i can get acapital to start the business.I started selling second handcloths.
My business.I sell second handcloths most of them are for ladies.I have been in the business for one year,i sell my cloths to the people around the village some of them are poor so they go for cheap cloths.the cloths are cheap so the demand is high you get acloth with 2dollars.I choose this business because it was cheap to start and also they dont need more space.I sell beside the road i only pay for licence which is 20 dollars per year i also pay store man 5 dollars per month.my profit is 250 dollar per month i buy food for my family it cost 40dollars per month i also pay school fees for my child 10 dollars per month.Im planning to expand my business to other towns and employ more youths who dont have jobs
Once more let me pass my regards to you all. It's because of your effort that I have become successful.
This is my third loan I am applying with hopes that you will lend me. i have discovered the secret of business is to have enough stock.
I usually sell ladies wear and this round if I get the loan I am going to pumb all the money to the stock.
I always purchase one cloth for 2 dollars that means if I get the loan I will buy 190 pieces of cloth. In total it will cost 380 dollars the rest of the money remaining I will use to iron the clothes.
Already I have opened another stall so this stock I will take it there. I have already employed someone to sell for me. The benefit is I have already created source of employment to someone.
I hope of making profit which will benefit me and my family because I will be able to repay back the loan, pay rent, buy food, clothes and educate my family. I will also save for future use.
I hope my request will be taken into consideration.
Sep 29, 2015
Cost to entrepreneur
Service fee: $15.83