With the loan, i hope to open a shop where i can effectively display the products i have for sale.the loan will be used...

Brenda

Ruaka, Kenya

100% repaid

Entrepreneur

Name

Brenda

Member since

August 2013

On-time repayments

154 installments  •  33%

About Me

My name is Brenda Koech, a business lady currently working and living in Kericho Town, Kenya . I am from a small family of three consisting of my mother, my older brother and myself. My family currently resides in Rongai, Nakuru.
I received my primary school education in Kericho and after successfully completing my primary education, i attended an all girls high school in Nairobi for my secondary education. I later enrolled at a local university to pursue a Business degree in Marketing.

My Business

I recently started a new business venture selling liquid detergents and disinfectants.
I usually send for raw materials from Nairobi, measure and mix them myself, package and then sell them around Kericho town.
I pack the detergents in recycled plastic containers of 500ml and 1ltr but sometimes I get orders of 5, 10 and 20ltrs which usually go to offices and institutions around Kericho town.

Loan Proposal

Currently, i run my business out of my house. I usually post the items i have for sale on my facebook page 'Cheros household decorative items and knick knacks' and deliver them to both prospective and repeat buyers who show interest in the items. With the loan, i hope to acquire a shop in a central place which will cut down on transport costs and also allow people who have no access to my facebook page to view the items i have for sale.
I also intend to purchase adequate stock that will enable me to meet the demand of my customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 11, 2014

Repayment status

On Time

Projected term

7 months

Lenders

Matching Fund

Sterling, United States

KrautFunding

Hamburg, Germany

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