Stock increment

Ann

Eburru Street-gilgil, Kenya

100% repaid

Entrepreneur

Name

Ann

Member since

November 2012

On-time repayments

316 installments  •  83%

About Me

I am married by my husband who also live in here Gilgil doing business, I have three children who are schooling in a near by school. I live in plot number 88 near d.c office in the back.in this plot is where i live with my family of 4.Gilgil is about 125 kilometer from Nairobi and also is 50 kilometer from Nakuru town which is the nearest town. about my education I was married young because of the poverty around my parent and also i was the old one in our family which consist of 4 boys and 3 girls, I didn't reach to college because my parent couldn't afford my education but Complete my Class 8, but lack of education didn't affect my live as such because i have the knowledge in business which i get from those parent because my mam use to sell vegetable in our village and sometime she teach me how to do business,i remember one time she told me that in business if you don't get profit there is no business your doing better to leave that business and start another and from that time I remember that and also i have experience that in my business.

My Business

my business entail general shop in this side of town where I have many customers who came to get services from the d.c office and also I am located in a place where population is going up every day.i also surrounded by many video show here and you know in this area many young people like viewing video and if thy need anything like soda, bread also cigarette i sell to them,also i have a small green grocer here in my shop where I sell banana and also fruit of many kinds, this people love eating fruit when they are watching movies like Sunday from 10.00 am I can sell a good profit that can cover the whole week. the business is very profitable and the demand of my good is in high demand. the main challenge is high price of commodity thus made me also to hike sometime my price, also high cost of electricity and lack of adequate finance to buy what my customer prefer,high cost of living in this country which is accelerated by inflation in this country. if I can get finance from I can get this thing in low price in Nairobi and there the price is lower not like Nakuru or Naivasha.This place of Gilgil is the fastest growing town in this area because after 2007 tribal clashes many people came here from every where, like from Molo, NNakuru and some of them didn't return to that place again so thy prefer to stay here and thy have became our customers

Loan Proposal

Lender ,Thank you for the past loan .it was very useful to my business .Am now requesting another loan .I use the money to add more stock so the business can keep on running .i will also try to diversify and being specific to what products move faster and the one people like most .i promise to never fail you in anyway .i wellcome all of you lenders to fund me .thank you

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,447.00

Date disbursed

Oct 9, 2015

Repayment status

On Time

Projected term

19 months

Lenders

MarktheMormon

Sandy, Utah, United States

Zidisha

Sterling, United States

C

CrazyCanuck

Nepean, Canada

M

marcelitohb

Bremen, Germany

ads68

Melbourne, Australia

A

AndrewC

London, United Kingdom

J

JeffH

United States

larry

Sweden

mepster

San Francisco, Ca, United States

KM

Kirsty M

United Kingdom

Elly

Woudrichem, United Kingdom

BB

Ben Bellows

United States

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  • Ann    Jan 27, 2022

    Encountering a cash flow shortage that lead to closely inspect my business plan, processes, operations, and expenses.
    This will help me adjust my business plan to focus on services that generate the most profit, let go of my clients who might be costing me more money than i realize, optimize my pricing structure and also identify areas of waste or unnecessary expense to remove from my operations.

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  • Ann    Nov 16, 2021

    Will pay soon kindly have patient with me

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  • Ann    Oct 28, 2021

    once the business pick i will be able to pay in huge amount

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  • Daniel    Oct 28, 2021

    dear Lenders,
    have spoken to the applicant and she will be organizing for payment to be made

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  • Justus    Sep 12, 2021

    Ann is expecting to resume full business operations to raise money for loan repayment

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  • Justus    Aug 7, 2021

    Ann has promised to work harder to raise the repayment instalments.

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  • Ann    Aug 4, 2021

    the business is very low

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  • Lewish    Jun 21, 2021

    Ann said her business is down at the moment due to the pandemic and she's doing everything within reach to resume making payments soon.

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  • Lewish    Jun 21, 2021

    Her business is doing bad, but since partial lockdown was lifted, she's expecting to make payments soon.

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  • Lewish    Jun 21, 2021

    She's expecting to resume business and start repayment soon

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  • Lewish    Jun 21, 2021

    Her business is doing bad, but since partial lockdown was lifted, she's expecting to make payments soon.

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  • Ann    Jun 9, 2021

    low business turn over

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  • Lewish    May 2, 2021

    Her business is doing bad, but since partial lockdown was lifted, she's expecting to make payments soon.

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  • Ann    Jan 12, 2021

    ;

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  • Ann    Dec 6, 2020

    no business

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  • Ann    Dec 6, 2020

    lenders bear with me situation too bad

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  • Ann    Oct 19, 2020

    WE RESUMED BUT i might start repayment in the next few months

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  • Ann    Sep 27, 2020

    no business

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  • Ann    Aug 19, 2020

    No business

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  • Ann    Jul 30, 2020

    Business down

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