To increase business
Ann
Molo Town, My House Is 100m From Coco Cola Depot Or 500m From Post Office, Kenya
100% repaid
Entrepreneur
Name
Ann
Member since
May 2017
On-time repayments
31 installments • 77%
About Me
Am Ann Wanjiku Wanyika, am a hand working business lady, Kenyan by birth and Christian. I come from a hobble background but despite of school fee challenges I managed to complete my high school studies. After high school I was employed as a house helps, later I started a small business through the savings I made from the salary I got. Am a single mother and am blessed with two daughters who are now in primary school but their dreams of becoming a lawyer and a doctor is becoming hard due to absenteeism because of school fees challenges. If one day I will be able to increase my business I will be able to improve my living standard together with my kids. I come from Bantu community and we do farming and livestock keeping. My hobby is reading and looking for more different business ideas
My Business
I earn an income from my boutique business where i sell mens wears like trousers, jackets, caps, and socks which I have being operating since 2013. My business is located at Molo town near post office. I earn profit of Ksh500per month, even though sometimes i dishonor some bills due to low income the amount help me in my daily needs and adding more stocks. Due to clothes demand and few clothes shops in our home town, this attracted me to this business. Small capital to start attracted me too. Monthly county revenue is also affordable because is only Ksh150per month.
Loan Proposal
If i God willing I'll use the loan to buy slippers and travelling and schools bags. This will benefit me a lot because schools are about to end the term, and many travel to rural areas soon the bags and slippers will be in demand. If all goes well I will be able to get the profit of half the amount I'll get.
Feedback
Positive
2
Neutral
None
Negative
1
Loan Info
Project Type
Classic Loan
Disbursed amount
$48.00
Date disbursed
Mar 31, 2018
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Oslo, Norway
United States
United States
United Kingdom
Ask Ann a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Margaret Dec 22, 2018
Margaret Dec 29, 2017
Sanghasobhana Pamburana Nov 26, 2017
Loading...