Fridge for my clothing boutique to sell cold drinks
Cynthia
Nairobi, Kenya
16% repaid
Entrepreneur
Name
Cynthia
Member since
February 2014
On-time repayments
356 installments • 29%
About Me
my name is Cynthia i live in huruma roundabout i am a firstborn in family of four siblings i decided to venture into business to solve my family's financial issues,to save money to pay my sisters fees and also further my education i did my kcpe in 2005 and joined high school i sat my kcse and passes i learned computer packages and decided to start business i sell clothes and bake cakes the prosits from my business i bought a sewing machine i need to expand my business to yield more profit if i get the loan my business will flourish and i will be able to expand my consumer and customer territory i will also be able to support my siblings and also promptly pay the loan
My Business
i sell clothes that yield a profit of $12daily when business is good but when business is bad i get $10 profit daily i also bake cakes which i sell at $ 22per 1.5 kg for marble and $ 31 for fruit cakes per kg i need a loan to expand my business to buy mannequins to hang my clothes and add stock to my shop and also buy more items for my cake shop to enable me increase my labour to atleast two people i also need to expand my shop and start selling women inner clothing lingerie beauty products and shoes both male and female shoes
Loan Proposal
When i get this loan i will purchase a fridge to cool my juices. I make fresh juices from fruits beetroot and carrot juice, pineapple juice, orange juice, passion juice, avocado juice and mango juices which i sell to my customers who come to my stall to purchase clothes and since i sell cakes too some customers come and they need cold drinks since mine are fresh and healthy and since they are not cold i lose some customers if i buy a fridge i will attract a good number of customers and i will be able to sell other processed drinks like milk to those who prefer milk and yoghurt and this will increase my business boundaries and my income as the demand for freshly made juices is very very high due to the quality and healthy nTure of the fresh juice and the variety and they can be taken by everyone including those with obesity problems and diabetic patients this will be a good investment as my income will be highly boosted and life will change for me thank you in advance
Feedback
Positive
2
Neutral
None
Negative
2
Loan Info
Project Type
Classic Loan
Disbursed amount
$322.00
Date disbursed
Jan 2, 2015
Repayment status
Late
Projected term
75 months
Other loans
Lenders
Sydney, Australia
New York, NY, United States
Tremonton, United States
United States
Belgium
Ask Cynthia a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...