Uniforms for school children

Martha

Mombasa-kaloleni Walea, Kenya

59% repaid

Entrepreneur

Name

Martha

Member since

January 2015

On-time repayments

24 installments  •  29%

About Me

My childhood education was a miracle coz at the age of 3yrs i had to walk 4kms daily to and from school but i managed well and joined primary school later to a secondary school which was a horrifing afair due to the famous shiftas in the the tana river county then it was district the transport was one bus a day if you miss it you will spend another night there before travelling i attained a c-grade in 1995 i later joined nyanza commercial college did secretarial course my life was still in a mess i got married in 1999 after a seriuos thought i stated my own business my 1st business was selling fried potatoes then added grocery then bought a calf which i now sell milk with layers which i sell eggs in 2013 i opened an m pesa stall with cash 10,000 which it was a small amount to date am working with30000 which i still need 20000 to be comfotable and like 15000 for phone accesories to add up my stall in giriama land ladies are to sit and wait for there husbands bring home everything bu
t to me it is NEVER in caps my children dreams are to be there own provider my unique hobby is to have several busineses and meeting the prominent business men and women

My Business

I have several busineses dairy cow, i have layers but my third business is an mpesa stall my businesses go handy with our day to day the community needs milk for home with the eggs too and my mpesa is there for the new technology there is banking people do send and recieve money for there use i choose these business coz i see them as long term i do get profit but as for the m pesa you get commission according to the capital you have as for now i get 13000 per month which if i increase my capital to 50000 i will get over 20000 which it will be my dream came true i use my profits in reinvesting 60percent and 40 my children school fees

Loan Proposal

As I earlier said I want to dedicate my hand free into the community to be a helping hand. So want to take loan and purchase school uniforms and sell them to poor children at this opening season of the year. 80% of the loan i will put it entirely to invest in this new business of school uniform. 20% will be put to boast further my mpesa float. The demand for school uniforms has gone very high in this month because schools are opening, so I decided to help student from poor families to get uniforms at a lowest prices and others will pay me slowly so longer as the kids will not skip studies because of uniform issues. Besides making a lot of profit due to this demand I thought it is also wise to help the society and by so doing I will gain into my self a lot of confident in the market. I have assessed that after the festive season most of parents could not raise enough money to cater needs at once so I have decided to help them pay little by little and I promise you this is the business of the season which will generate a lot of profit.
Thank in advance as you help to help and realize the big dream in me.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$178.00

Date disbursed

Jan 14, 2016

Repayment status

Late

Projected term

3 months

Other loans

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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