Stock of warm clothes for the cold season

Rahab

Kitale, Kenya

100% 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 i would like to ask for a loan of usd 300 which i will use to add stock of warm clothes for the cold season that is coming in a month's time where temperature goes down to a low of 12 degrees celcius and a high of 28 degrees celcius if given the loan i will use it in the following way
Stock- usd 150
Transport- usd 50
Thank you in advance as you consider my loan application.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Feb 23, 2016

Repayment status

On Time

Projected term

13 months

Other loans

Lenders

PG

Paul Graham

United States

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