Shadiya

Mtwapa, Kenya

60% repaid

Entrepreneur

Name

Shadiya

Member since

January 2013

On-time repayments

12 installments  •  0%

About Me

my names are shadiya musa masowo . am married i live with my husband here in mtwapa. opposite K.REP BANK. am blessed with children i have four children two are boys and the other two are girls. they are all in school. the first born she is a girl and and she is in high school. and the other two are in primary school. the first born she is in twenty one years of age and the second one is eighteen years old. the third one is fifteen years old while the last one she is ten years.my occupation is just business am a business woman.i started this business because i just wanted to earn some money so that i be able to meet my daily needs. with my earnings from my business i do purchase different types of things for my family and as well paying if school for my children. and the rest i do increase just little bit of my stock into my shop so that i cab be able to sell more and get enough money that can improve my living standard. my business is a boutique of selling of new clothes for ladys only my shop is situated along mombasa malindi high way and it is on the market place so there is plenty of market that is taking place so i thank GOD with my business am selling a lot and am getting more income out of my sales.

My Business

my business is buying and selling of clothes in mtwapa market place. i own my own small boutique that i have been running it for some years now. i stated this business with a low capital but since it was going i had to increase the stock day by day now it has been a good business for me because it has been doing very well here in mtwapa. the clothes that am selling are the modern clothes for ladies. khanga and lesso.tyhe demand for this goods here in mtwapa is very well since mtwapa it has been the fastest growing town in terms of business then there is a high demand for this products from within and outside mtwapa. my customers prefer buying my products because am selling the best quality products and my prices are are reasonable and fair to all and due of this my clients prefer buying from me most of the time.this business is profitable because i just buy the products at once to the from the factory and after selling my clothes am getting reasonable amount of money which good amount to me as my profit.my monthly running cost is Kenya shillings 50,000. and my monthly sales revenues is Kenya shillings 90,000. this is a good amount of money that is giving me a good opportunity to budget for myself and for my future. and some of the rest i do add bit of stocks into my shop..

Loan Proposal

thank you very much for approving my loan application. am very much proud of you. with this loan am going to use it wisely by buying more new clothes and used clothes that i will keep them in my shop so that i can be selling them to my clients. and this will add more value to my business because because more clients will be coming in to view and buy the new products.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 11, 2013

Repayment status

Late

Projected term

12 months

Lenders

Sundstroms

Falun, Sweden

MillerClark

London, United Kingdom

fairspirit

Utrecht, Netherlands

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