Sugar for my retail shop

Carolyne

Busia, Kenya

15% repaid

Entrepreneur

Name

Carolyne

Member since

March 2016

On-time repayments

82 installments  •  41%

About Me

My name is Carolyne Nangira. I was born in 1985 at the shores of Lake Victoria in Port Victoria Centre. I completed my primary education and successfully passed. I could not proceed with my education due to the death of my father. Life was harder to me because of poor state of living. I was sponsored by AMREF, a USAID organization. (They trained me in tailoring and gave me a Singer machine.) From that skill, I had to get basic needs. I opened up a small shop which by now I can keep my family alive and happy. I am married with two children. During my days, I liked farming and I was a good athlete while at school. My land is rich fishing ground and fertile land for farming.

My Business

As in our daily living we need home basic needs, I intend to expand my small shop so as to reach my customers’ needs. The shop goods are in demand and they are needed by customers every day, mainly food stuff and home utensils. The profits I make will be used for nursing my family and the expansion of my business. In return, I am hoping to have an additional interest and growth to my business of about 5% incrementally.

Loan Proposal

I will buy sugar at $300. That commodity is highly demanded by my local customers. I hope to have a 30 percent profit compared to my previous returns. My customers will be served to their demand on time. I will buy and expand my stock of goods with the profit I shall have made from the stock of sugar.

Show original English  

About Me

My names are Carolyne Nangira I was born in 1985 at shows of Lake Victoria in port victoria centre i completed my primary education and successful passed I count not proceed with my education due to the death of my father. Life was harder to me because of poor state of living I was sponsored by AMREF a USAID organization (they trained me tailoring and gave me a singer machine). From that skill I had to get basic needs. I opened up a small shop which by know I can keep my family alive and happy. I married with two children. During my days I liked farming and I was a good athlete while at school.my land is rich I fishing ground and fertile land for farming.

My Business

As in our daily living we need home basic needs I intend to expand my small shop so as I reach my customers’ needs. The shop goods are in demand and they are needed by customers every day majorly food stuff and home utensils. The profits I make will be used for nursing my family and expansion of my business in return I am hoping to have an additional interest and growth to my business of about 5% increment.

Loan Proposal

Iwill buy sugar at 300$ tha comodity is highly demanded by my local customer i hope to have a 30percent profit compared to my previouse returns my customers will be served to their demand on time. I will use to buy and expand stock of goods with the profit i shall have made from the stock of sugar.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$260.00

Date disbursed

Apr 27, 2017

Repayment status

Late

Projected term

7 months

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