Rent payment for new shop

Josphine

Webuye, Kenya

100% repaid

Entrepreneur

Name

Josphine

Member since

April 2017

On-time repayments

12 installments  •  50%

About Me

I have gone through a lot of hardships and especially after secondary educations.It is after coming out of Moi girls high school in the year 2012 that i realised life is so hard. That is the time that i started hustling and i started by selling second hand clothes in Shazoha market. My business was running so well and i used to save every single coin that i got the money that i used to open up a book shop.

My Business

I came up with this business idea after learning that there were very few bookshops in my town and schools are so many. I started by selling primary textbooks and my business kept on growing gradually and now i even sell secondary text books. Central primary school, and uasin gishu high school are my major customers. I also do free delivery to other school and this makes my business to be so marketable

Loan Proposal

With time my business has grown and I am opening a new shop within town to tap into the market and get new clients. I will use the loan amount to pay for rent for the new shop $15.upon opening of the new shop, it means significant growth of my business and hence my revenue. I project the new shop to bring in $100 monthly.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$7.00

Date disbursed

Apr 27, 2017

Repayment status

On Time

Projected term

8 weeks

Other loans

Lenders

Craig Newmark

United States

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  • Josphine    Sep 9, 2017

    The time i got my first loan i used it to purchase more encyclopedia books and this made my profits to increase by 20% that month. This time round i am going to expand my shop size as i have a very large stock of books and space has been a major challenge. I therefore will be able to adf more books and profits will also autimatically go up. Thanks lenders

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  • Josphine    May 7, 2017

    I received the loan amount ksh 698. This greatly helped me pay rent for the new shop I have opened. My business is growing I now have 2 branches. Thank you so much lenders!

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  • Josphine    Apr 21, 2017

    With time my business has grown and I am opening a new shop within town to tap into the market and get new clients. I will use the loan amount to pay for rent for the new shop $15.upon opening of the new shop, it means significant growth of my business and hence my revenue.
    Thank you lenders.

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