Stock for my retail shop

Salome Mwangala

Malindi, Kenya

9% repaid

Entrepreneur

Name

Salome Mwangala

Member since

April 2015

On-time repayments

56 installments  •  93%

About Me

My name is Salome mwangala.
During my childhood education was not that easy for me.
I faced many challenges but eventually i managed to survive the test and thats why i am where i am today.
I would like also to coment on my culture for it is unique in our land. It is so distinguished in that peoples staple food is ugali. I would like my future children to grow in the fear of the lord. I like reading the bible.

My Business

My business is multi dimensional in that it deals with retail goods.
I sell variety of goods on a small scale.
The reason for this was to maximize profit.
Because I believe that variety is the spice of business and dealing with one category of good would not be worthy paying even to pay the rent for the room am using. Hereby applying this loan will enable me deal with more goods even on large scale.

Loan Proposal

If I get this loan I will use it to buy stock for my retail shop.
This will help me expand my business and therefore increase my profit.
some of the goods I will buy include:
Maize flour
Rice
Cooking oil
BEANS
Peas
This loan will help me to improve my living standard as well as those of others.
My customers will have the goods they want readily available and with ease and at affordable prices.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$378.97

Date disbursed

Jan 19, 2016

Repayment status

Late

Projected term

9 months

Cost to entrepreneur

Service fee: $15.74

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