Entrepreneur
Name
Christabel
Member since
March 2017
On-time repayments
181 installments • 73%
About Me
My name is Christabel Ngumbu, born and raised in Nyeri and a firstborn in a family of four. I’m a married woman and a mother to a baby boy. I reside in Ol kalou a sub county of Nyandarua county. I went to Ol jororok Primary later joined Nyahururu Girls High. After High School, I enrolled for CPA course where i attended evening classes and hustled during the day to make ends meet. I was lucky to get employment 2 years after college but the salary can’t cater for all of my family’s needs so I ventured into second hand clothes early last year and added other goods that are on demand on day to day life. I enjoy going for Safaris now that my son is still young.
My Business
I started my business in February 2016 selling second hand clothes later added sandal , various plastics bags etc ( called mali mali). These kind of goods are affordable to low income earners because they fit in the budget.
I chose this kind of business because the goods I offer are a must in most people’s daily lives and are affordable.
My typical costs includes paying county council, and rent. I have been using my profits to pay school fees for my siblings and improving my house
Loan Proposal
Given this loan i will use it as follows,$80to buy fifteen school bags,four dozens of sandles of various sizes and $20 twodozens of plastic kids shoes.the rest which will be $20 will be used to renovate my shop by repainting,adding more racks and proper branding.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$118.00
Date disbursed
May 10, 2018
Repayment status
On Time
Projected term
24 months
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