Working capital for my hardware shop

Caren

Kapdening, Kenya

4% repaid

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How it Works

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.