Dorcas
Nakuru, Kenya
100% repaid
Name
Dorcas
Member since
March 2014
On-time repayments
297 installments • 12%
i am a 2nd born in a family of four and soon to be a mother of one. i studied a bachelor's degree in education in egerton university,laikipia campus. having studied mathematics and economics, i believe that responsibility ,freedom,exposure and challenge comes with self-employment. i hope to create employment for other people like me who have undergone frustrations in other forms of employment. i teach mathematics in a private school but also run a family shop which has enabled me to go through college without any hustle. i have two siblings still at school and the money earned helps cater for that. i hope to upgrade the shop and actually open another shop soon in a new place with ready market. the shop is a general shop which has been running for over 25 years and already has established customers. an upgrade could be a breakthrough to opening a new shop for me.
the shop which has stock such as sugar,rice,shoes,clothes,airtime,stationery,grains etc earns a n income of averagely 800dollar per month. while most of it goes to restocking,around180dollar is saved per month. the shop is not a rental hence no rent is required. in case of a loan repayment, i would use the monthly salary i earn from my teaching job to repay if the season is a slow one in the shop. having already established clientele,i hope to soon employ a delivery boy who will assist in deliver
it has come to my realization that more and more clients are going for fresh groceries. having found a cheap and reliable supplier, i want to start selling fresh groceries at the shop at ana affordable price. a kg of tomatoes will be going at one dollar and so will a kg of onions. maize corns and corriander will also be added to the list. at the same time since am operating a general store,i will increase the stock of school bags both for college and high school goers. one bag will cost 5dollars.
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 27, 2014
Repayment status
On Time
Projected term
4 months
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