To add stock and help pay my sons fee

Sheripher Taiti

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Sheripher Taiti

Member since

March 2017

On-time repayments

84 installments  •  87%

About Me

Am a single mum raising know a 6 yrs old son zakir. I went through a lot of hardship to get where i am through a rough divorce and have a cater for my sons needs and his education.He just joined grade one which took a lot of my effort to raise the fee for him to join a good school.i started my business with a small capital but by the grace of God am in a better place know though with a lot of responsibility on my shoulders.my son hasn't figured out yet what he wants to be but with the new curriculum hopefully he will get there.i love watching inspirational movies and reading as much of my time is spent at the shop from morning to late at night,and have to still cater for my son.so am always occupied with going to the market the shop and my son as i cant afford an extra hand yet.

My Business

I Have a second hand cloths shop in Nairobi Roysambu area.i deal in ladies wear and fashion.clothing in ladies sector is really good because they are frequent clients who shop mostly all the time and compete with the daily trend wear all over the world.I have interest in fashion and i saw that the schools around the area and universities gave me more clients to buy from me.a month i can generate up to 40000 ksh. But it all depends sometimes as of last year business was really down because of the election so we praying that this year things will be okay.i used my profit in putting my son to school as he was transferring and going to class one.and am planning to relocate my shop to a bigger shop just two minutes from the old one and add more stock and expand in bringing in men's clothes and children's clothes.

Loan Proposal

Planning to add a bit of stock and more so pay my sons fee.the year didnt start great with the shop.so am trying to catch up with the economy which has been so difficult.will try and look for another strategy of earning more.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

May 1, 2019

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $8.42

Credit risk payment: $33.71

Lenders

JimVandegriff

Trinidad, California, United States

Cloudways

Malta, Malta

ads68

Melbourne, Australia

melissapmeier

United States

GaloLending

United States

Mike and Jacqui

United Kingdom

Deirdre

Yorkshire, United Kingdom

JF

J Fister

United States

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