Name
Elizabeth
Member since
August 2017
On-time repayments
30 installments • 90%
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 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.
i want to use this amount to add more stock, mostly want to go for children cloth now because last time people came looking for there kids attire, the cost for kids cloth is relatively high here but if i get some 10 pieces at $15 that will be almost $150 which i can sale at $20 each the cheapest price, this will have helped me introduce something new hence attracting more customers mostly for those who are looking for second hand cloth for there kids.
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$17.00
Date disbursed
Jun 20, 2018
Repayment status
On Time
Projected term
5 weeks
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