Entrepreneur
Name
Elizabeth
Member since
August 2017
On-time repayments
30 installments • 90%
About Me
My name is elizabeth otera i was born in 1989, i went to otiero primary school i stay in mtwapa a mother of two daughters, my business is selling second hand cloth. life has not been easy to me being a mother without a job i strangle to feed my family by buying and selling cloth, my main obstacle is luck of cash money to grow my small business. in our society it is not easy for a woman to be employed due to little education we receive because educating a girl child is considered a wast of money.
my hobby is swimming and traveling.
My Business
my business is seling second hard cloth,
i sell second hand cloth wich are still in good order. customers come to me because of my good customer care service.
i choose this business because second hand cloth are cheap and cloth are not perishable goods, so i can stay with any cloth which is not bought for long till it is bought .
what costs me is the rent for the stall i use to keep and sell my cloth, also the transport to and from buying the goods for sale at my place, may main revenue comes from the sales .
what i get from this business as my profit i use it to feed my family and pay school fees.
Loan Proposal
i intend to boost my business buy buying more stock to increase my sales. some of this amount will help in transport when ferrying my cloth form the wholesale because its a bit a distance form where i buy the second hand cloth for resale.
for instance this $8 will buy four pieces of cloth with are of good quality for resale at $2.5 to $3 which will increase my profit in the business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$8.00
Date disbursed
Feb 20, 2018
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
United Kingdom
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