Name
Carolyn
Member since
January 2018
On-time repayments
2 installments • 100%
My name is Carolyn njagi, born in Embu county. I went for my primary school in st micheal primary school then my o level in ikuu girls high school in chuka. Being an orphan en the 5th born in a family of 6 life was nt easy. Got in a women's group in Embakasi en borrowed a loan of 100000, which I used the money to start up a wines and spirits liquor shop. Living in Embakasi is OK with me coz life is middle class there. My son wants to be a pilot when he grows up. My hobby is reading en cooking different new kinds foods.
My business involves selling spirits en wines in wholesales. My income is 20000 to 30000 monthly. I sell my goods in wholesale to customers operating small pubs all over the area that's why the wines are in demand thus making me want to stock more stocks to cater for more pubs. I chose this kind of business since I saw the large number of small pubs opened in the area en the wines en spirits wholesale shops were less en nt enough to Carter for all pubs. I earn a living from my business which pays for my sons high school fees en my house en shop rent.am also saving for reinvesting to grow my business in years to come making it a large liquor store.
If given the loan am going to add stocks for the wines en spirits which goes in wholesale price for 200KES to 1500KES that's 2$ to15$ depending with the type of liquor. The benefit this loan will bring to my shop is good coz when I add more stock the shop expands en also my customers will be happy coz I will be able to stock different types of liquor so they won't miss wat they need. Expect the profit to go up by like 5000 a month.
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Project Type
Classic Loan
Disbursed amount
$70.00
Date disbursed
Jan 14, 2018
Repayment status
On Time
Projected term
8 weeks
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