Felister
Chwele, Kenya
4% repaid
Name
Felister
Member since
January 2017
On-time repayments
28 installments • 0%
I was born at Nyeri county. After finishing my 0 level i was unable to join any college because of lack of fees. I got married in 2001 in chwele and was just a housewife. On 2008 December we decided to start a business from the small capital that my husband had saved. Its not doing so bad but if we have more stock it could do better than this.
Currently im staying in chwele
My business is doing good but because i purchase my stock within chwele market ,the profit that i make is too small because the wholesalers here at chwele sell at very expensive prices. If i can get a loan l will be able to purchase a bulk stock from anywhere else that I will get cheaper and thus will make a good profit.
In a month i make profits of $ 50 which i use to cater for my family needs and expand my business
I will buy tissues to stock in my shop. These products move very fast. We have to wait for the distributor every week to restock, and if we have more capital we can stock a larger supply.
The money from this sale will regenerate itself. This loan will buy 24 bales of tissues.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$26.00
Date disbursed
Feb 8, 2017
Repayment status
Late
Projected term
6 months
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