Stock addition at my clothes business

Rahab

Kitale, Kenya

13% repaid

Entrepreneur

Name

Rahab

Member since

February 2016

On-time repayments

158 installments  •  27%

About Me

I am a woman who was born in 1988 in a small town known as Muguga in Limuru Kiambu county. I am the first born in a family of 5. I completed my high school in 2007 and got employed in a clothes botique for 1 year. I am married and i have 1 son aged 2 years. I love travelling and watching movies when free.

My Business

When i was employed i got the idea of going to uganda and bringing new clothes which i sell in my stall i kitale. Mostly i sell ladies clothes because they are always in demand. I make an aproximate of usd 150 per month which i always share with my husband to pay our expenses.I always pay a rent of usd 30 which is a bit expensive but on a good month am able to make that money. Given the loan i will use it to bring more stock of warm clothes because in kitale from the month of march it will be so cold.I will use like usd 150 for stock and usd 50 for transport. With that stock i will increase my sales with a good margin from usd 150 to around Usd 200.

Loan Proposal

Hi lenders thank you for the loan that you gave me last time it has really helped me, since I completed it I would like to request for another loan which I will use to add the new fashion clothes to my boutique. If given the loan of ksh 19934($20) I will use it in the following way:
Transport to Uganda ksh 3000($30)
Buying children clothes ksh 10000($100)
Buying ladies clothes ksh 5000($50)
License renewal ksh 19934($20)

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$196.00

Date disbursed

Mar 9, 2017

Repayment status

Late

Projected term

24 months

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Ask Rahab a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Rahab    Feb 16, 2019

    Have some problems with my business

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  • Rahab    Nov 29, 2018

    Business is low

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  • Rahab    Nov 4, 2018

    Business is low

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  • Rahab    Oct 18, 2017

    Business is good

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  • Rahab    Oct 4, 2017

    Hi Lenders my business has been low but now am doing great and believe i will clear my loan soon i paid ksh 1034 on 1st Oct 2017 but it has not reflected yet so am sure my repayment is on time now and not late. Thank you so much for being patient with me.

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  • Rahab    May 21, 2017

    Hi my great lenders am sorry about my late repayments I had some financial crisis but now my business is catching up and I promise never to miss any instalment,soon am going to increase my instalment. I wish you all a great day full of God's blessings.

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  • Rahab    Mar 13, 2017

    Hi lenders I received my loan of ksh 18937 which I will use to buy stock in my boutique and the remaining amount renew my business permit. Thank you so much and may God bless you all.

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  • Rahab    Mar 8, 2017

    Thank you so much my lenders I have received the loan which I will us to stock my business and renew my license. May God bless you all greatly...

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  • Rahab    Mar 5, 2017

    Hi Lenders I would like to take this opportunity to thank you all for funding my loan,the loan will help me very much by boosting my profits and since I will renew my license I won't have troubles with local authority. I am going to buy stock for my boutique and the remaining amount will be added to my saving and renew my license. Again I thank you all and be blessed.

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  • Rahab    Jan 26, 2017

    Business is good

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  • Rahab    Jan 2, 2017

    My business is low

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  • Rahab    Nov 26, 2016

    Business is good currently

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  • Rahab    Nov 1, 2016

    Am currently doing some renovations to my shop so my cash flow will be low.

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  • Rahab    Oct 16, 2016

    I have a small issue

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  • Rahab    Oct 10, 2016

    Business is good

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  • Rahab    Jul 4, 2016

    Had so many financial setbacks

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  • Rahab    May 30, 2016

    Am in a position to pay more

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  • Rahab    May 18, 2016

    Had some ups and down

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  • Rahab    May 6, 2016

    It is rainy season in kitale so business is good

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  • Rahab    Mar 8, 2016

    I have a cheque that bounced so am short of cash bt next week I will increase the amount.

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