Raise money to pay electricity bills

Rachel

Kakamega, Kenya

19% repaid

Entrepreneur

Name

Rachel

Member since

December 2016

On-time repayments

6 installments  •  17%

About Me

I was riased by both parents and after form four i was working caaually in a tea farm then saved money that i used to open clothes shop. I am living in a land where majority of people are Muslims. I would like my children to be tradesmen in future. I like travelling and reading.

My Business

I have clothes shop that is located near Tamarind semi supermarket. I also sell beauty jewels as they are currently in high demand this festive season. This business i so much prifitable and that is why i came up with this idea. I spend nearly $200 each month and in return get $250 profits which i use to pay school fees for my kids and buy food

Loan Proposal

I was denied supply of elictricity by the Kenya power and lightening company last friday as i have too much accumulated bills and since i ussually operate in my shop until late hours, this has caused my daily profits to reduce hence i want to pay that bill so as to maintain the profits i ussually get each month or even get more. Monthly profits might increase by around $40

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Dec 25, 2016

Repayment status

Late

Projected term

6 weeks

Lenders

McJulio

New Jersey, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

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