Caroline
Nairobi, Kenya
34% repaid
Name
Caroline
Member since
February 2014
On-time repayments
26 installments • 12%
my names are caroline muthoni.im the first child in a family of four.one sister.two brothers and my parents who all live in nakuru.i currently live in ongata rongai,nairobi.i have studied through pre school..primary school..secondary..and college where i persued sales management and marketing but wasent lucky enough to clear.recently i came up with a small business idea that has been promising enough so far since i use what i get to instal more money making ideas in the same busines,cater for my own personal needs and pay my house rent.that way....i keep myself busy and useful to myself and others all the time.
my business is practically meant to capture the youth especially college students who are in large numbers in this small town and also grown ups.it is both a movie palace and ice cream place set in one room perfectly to avoid double costs of space rent.movie places have high competition but the ice cream place serves a great deal since there are not many situated in my area of business plus i have the skills and ideas of attracting customers to deal with the competition.it is a two months old business but so far earning me enough in a way i could save up to 6000 in a week ...but it always depends on how business is in a particular day.no losses have been noted so far except for one case where i delayed to pay music and video licence ..which was accounted for from my personal savings.i want to enlarge the business and add more stock because im solid sure it can grow into something big and profitable and with time..the same business will help repay my loans
with this amount...i will be able to purchase bowls in which to serve icecream and disposable bowls for the freshly squeezed juice..print out posters for the movies i have in store and any other little thing i should need.when im elligible to get a loan of the amount i am aiming for..i will be able to rent bigger space and fit tables and seats...maybe get a pop corn machine.slowly by slowly until i can open the business every morning with a proud smile
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Feb 10, 2014
Repayment status
Late
Projected term
6 months
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