Entrepreneur
Name
Caren
Member since
July 2017
On-time repayments
173 installments • 13%
About Me
I am Rose Kiprop and a third born in a family of three. I am also a mother a one. I am a business lady and run an hardware shop at Eldama-Ravine.
I am a diploma holder in Library Archives and did venture into business due lack of job opportunities.
My Business
My business is based at Eldama-Ravine and deals with various hardware materials meant for building business such as iron sheets, nails , wires etc. My clientile are various people in building and construction industry. My daily sales varies from Ksh 1500 per day to Ksh 5000 per day.
I am handicapped in terms of expansion due to low working capital. I rely on loan sharks when faced with cash flow challenges and they charge a lot of interest of upto 30 percent per month which is very expensive.
Loan Proposal
The loan will go towards purchase of stock for the business such as nails, iron sheets among others.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$99.00
Date disbursed
Jul 12, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
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