Retail and wholesale of clothes,shoes and jewellery

Enid Rachael

Kericho, Kenya

100% repaid

Entrepreneur

Name

Enid Rachael

Member since

December 2016

On-time repayments

154 installments  •  82%

About Me

Self determination and motivation are key to success.

Intensive research and team work is best in business.

Focus should never be lost in business.

My history:

Had a humble childhood beginning. Went to a rural school. Overcame the challenges that come with growing in a rural setup through encouragement from parents and self motivation to work hard.and become better later in life. Started up business through networking and research. The land and culture is uniquely positive and supportive.

My Business

Wholesale kind of business, farming and engagement in other micro businesses.

Determined to grow and go international.

Intention of opening another business to support the current one.

The goods and services offered are buying and selling clothes, shoes, jewellery, watches, among other items. These are items that are used frequently on a day to day life. This is the business that can offer better returns and at the same time satisfy the market. Fixed costs are like rent, labour and electricity.
Profits are ploughed back in business and some are for domestic use.

Loan Proposal

The loan will be used for transport to purchase stock of clothes, shoes and jewellery.

This will increase stock and expand the business . The proceeds will assist in corporate social responsibility to the less fortunate in community, repurchase of stock,it will cater for fixed and recurrent costs and for domestic use as well.

The profit may increase by approximately Kes20000.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$7.00

Date disbursed

Apr 7, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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