Entrepreneur
Name
Millicent
Member since
September 2016
On-time repayments
34 installments • 53%
About Me
I am a single mother relying on my day job and and shoe business to get by. I was in shock when, at 18, I discovered that I was pregnant and with no support from the person responsible. Through years of hard work and sacrifice, I am now looking into buying and selling 'mitumba' ladies tops. I want to sell ladies tops because I tried for 3 months now and it has been giving me great returns. This will enable me to support my son financially.
My determination as a mother, to provide for my son made me who I am today. My son has been a tremendous support for me throughout the years. I believe this business will help me cater for my son's education.
My Business
I have been selling ladies tops for 3 months now, although I don't have a shop. I sell to my closest friends, family and use referrals from my clients.
I buy tops at KSH. 100 and sell at KSH. 200 or KSH. 250 depending on the quality of the material the top is made from and the design. From my business, i make 100% profit from each top I sell. But now, I would like funding to enable me get more stock. The profits I make help me with the paying for my son's education and upkeep.
Loan Proposal
This loan will enable me add more stock of second hand ladies shoes to my business of second hand ladies tops.
Previously, i had only 2 pairs which gave me great sales and i had demand for more flat shoes from my clients. I am hoping to buy four pairs this time each buying at KES 250 selling at KES. 700 ; this will enable me repay my loan and buy more.
Your contribution will enable my business to grow and make great profits.
About Me
A single mother relying on my day job and and shoe business to get by.
I was in for was in for a shock when, at 18, i discovered that i was pregnant and with no support from the person responsible.
Through years of hard work and sacrifice, i am now looking into buying and selling 'mitumba' ladies tops.
I want to sell ladies tops because i tried for 3 months now and its been giving me great returns. This will enable me support my son financially.
My determination as a mother, to provide for my son made me who i am today.
My son has been a tremendous support for me throughout the years.
I believe this business will help me cater for my son's education.
My Business
I have been selling ladies tops for 3 months now, though i don't have a shop. I sell to my closes friends, family and use refferrals from my clients.
I buy tops at KSH. 100 and sell at KSH. 200 or KSH. 250 depending on the quality of the material the top is made from and the design.
From my business, i make 100% profit from each top i sell. But now i would like funding to enable me get more stock. The profits i make helps me with the paying for my son's education and upkeep.
Loan Proposal
This loan will enable me add more stock of second hand ladies shoes to my business of second hand ladies tops.
Previously, i had only 2 pairs which gave me great sales and i had demand for more flat shoes from my clients. I am hoping to buy four pairs this time each buying at KES 250 selling at KES. 700 ; this will enable me repay my loan and buy more.
Your contribution will enable my business to grow and make great profits.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$17.00
Date disbursed
May 13, 2017
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
United States
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