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 goes towards purchase of inventory in my hardware job. I expect more sales from this initiative and enable me repay my loans in time. I really appreciate the support of zidisha in this journey.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Sep 10, 2017
Repayment status
On Time
Projected term
5 weeks
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
Ask Caren a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.