Entrepreneur
Name
Violet
Member since
November 2015
On-time repayments
25 installments • 16%
About Me
I was born in a small coastal town in Malindi. I went to changamwe primary school in and later joined secondary school in muranga town. I graduated with a diploma in mass communication due to lack of school fees I wasn't able to continue with my studies and do a degree in mass communication.
Growing up wasn't easy I lacked so many things like any other child but I thank God the only thing my parents could provide for me was education .my father was a tailor and my mum was doing small business to cater for both us and my brother.
I decided to start up a small business for selling clothes and handbags hawking them to my friends I made alot of profits for the first time and this encouraged me more to continue with business since I have one kid iam able to pay his school fees and rent .
My son is always dreaming of becoming a pilot in future .
My Business
I sell both clothes and handbags.
Mostly both clothes and handbags are always on high demand especially to women who want to look in fashion.
I started my business with ksh 10,000 selling of handbags and clothes within the first one month I made a profit of 20,000 now my business is growing and making more profits to 70'000 per month.
I use my profits to enlarge my business and opening a new shop in Nairobi town . Some of it to pay my son's school fees.
Loan Proposal
I need the loan to restock clothes and handbags in my shop the current stock iam only left with a few items which is hardly moving. Iam digitally informed so I have to bring in the latest items.
The benefit of this money I will be able to make more profit with new stock items.
My profit will increase to 10% .which is a good deal for business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$37.00
Date disbursed
Mar 31, 2017
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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