To increase stock in my cereals shop
Elizabeth
Nairobi, Kenya
23% repaid
Entrepreneur
Name
Elizabeth
Member since
October 2014
On-time repayments
72 installments • 8%
About Me
I am lady aged 30 years married with one child. Ima a business woman but a community health worker by profession.After my fourth form my mum could not take me to college immediately so i started a small kiosk at our home area.The business was not doing bad and after an year we had the money for college.I spent 2 years in college and after that i joined my brother in nairobi where he had a shop.I requested him to give me a space outside the shop where i started selling cereals.After sometime i rented a house in i was able to add stock.I love netball,basketball and also i read newspapers,magazines and novels .I dont regret anything so far.
My Business
I sell all types of cereal like rice( all types),beans, maize,flour and others.My goods are ialways in demand since where am located competetation is not that high,i sell them at reasonable prices,and i get high quality goods from suppliers.I decides to to in cereals business because of the capital i had and i knew the customers at that place needed cereals since they could go far to get the cereals.My business gets reasonable profit which help's me in paying rent,school fees,home investiments and paying otherbills.
Loan Proposal
I will use the loan to increase my stock so that i can meet customer's taste.I have have different types of cereals but some are in high demand than others and they get finished easily.Then when having enough money i am able to buy at a cheaper cost since the more more quantity i buy the cheaper it becomes.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Oct 27, 2014
Repayment status
Late
Projected term
17 months
Lenders
Philadelphia, United States
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