Name
Angela
Member since
October 2014
On-time repayments
298 installments • 50%
I am 22 years old,Professionally I am film producer form Nairobi,Kenya and proprietor at Lemon Collection Boutique
After my high school i went through hard time looking for employment opportunity i was every young and naive i had i my mind that i must be employed in a office or work with Non-govermental organization to succeed in life
In order to start my business, I had to approach a local community organization to give me a boost for a start up small scale business.
What is unique about the land and culture where I live is the fact that women are very smart and know how to dress both official and for event
My Business involves selling ladies clothing,braids,hand bags and shoes,fashion always evolves every day so i have to change with fashion and always stock the right product for that season.
Demand for ladies fashion is so high so they have to change with fashion and occasion that why women fashion has no season they have to be smart all the time,i dress them to impress from office wear,causal
I choose this kind of business because the demand was high for ladies product both shoes,handbag and cloths,I conducted some market research and did due diligence whereby I discovered that ladies products are very unlikely to lack a market because they are necessities for modern women.
My monthly revenue is $ 500 on average and comes purely from selling the cloths,handbags and shoes. My monthly costs go up to $200 on average, giving me a profit of around $ 300per month,
This profit goes towards, my education, meeting my family's expenses, also saving and reinvest back to my business,I look forward to having a stable family in future as well.
Dear Lender Thank you for your Support, given this Opportunity i will add More stock for to my boutique and include More Ladies wear because women do a lot of shopping compared to Men,With this loan, I intend to acquire at least one more Consignment for Women items , besides my usual, and with the increased procurement
My Break down on how i will Use My Loan
200Dollars....................................................... for Women Cloths
180 Dollars .......................................................for assortments(Bags,Accessories,Bungles )
130Dollar............................................................for Ladies Shoes(personal loan from My Savings
Total.........................................................................510 Dollars
Thank you for your Trust lenders i will never let your Down Much appreciated
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$515.00
Date disbursed
Feb 23, 2016
Repayment status
On Time
Projected term
6 months
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