Stocking my shop with phone chargers to meet demand

Caroline

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Caroline

Member since

September 2016

On-time repayments

19 installments  •  58%

About Me

Am Caroline kimutai, I was born and raised in the village, i went to seek education in town under my aunties care,my parents were unable to take me to school but good aunt decided to give an helping hand, After primary school i joined high school unfortunately tings became tough for my aunt i had to drop while in my form three.
My aunt decided to open a shop for me, i became a shopkeeper.
Now am in the shop which is my major source of income.
I like visiting new places and singing in the church choir.

My Business

My aunt started as shop for me which i grew it from a capital of 25,000 Kenya shillings to now 68,000 Kenya shillings and introduced money transfer services called Mpesa.
The business earns me 1,500 Kenya shillings a day which i use on self improvement, helping my aunt when she needs money and also investing back in the business.

Loan Proposal

Granted the loan of 15 us dollars i will top to my savings of 35 us dollars make it 50 us dollars and buy few mobile phone chargers to sell in the shop so as to test the business if it will make profits i will buy more chargers in stock.
Currently their are customers asking fr the chargers i decided to try and see if i will make money from the phone accessories.
Thank you as i hope to increase my income and grow from the small loan to a bigger loan size.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Sep 15, 2016

Repayment status

On Time

Projected term

6 weeks

Lenders

Craig Newmark

United States

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