Money to renovate my shop

Yvonne

Kahawa Wendani, Kenya

20% repaid

Entrepreneur

Name

Yvonne

Member since

July 2014

On-time repayments

273 installments  •  32%

About Me

I was born in Kangemi back in 1992,my parents moved to the upcountry when I was very young at the age of 11 and that's when I moved to Kahawa Wendani to stay with my elder sister,joined Kahawa garrison primary school and later on Kahawa Garrison Secondary,after high school I joined Kenya Utalii College for a Travel and tourism Management course.During all this period I used to depend on my sister for support and that's why I started my business from the money from my business I cater for my basic needs and I save the rest for I would like to start a travel and tourism company some day.I like traveling,dancing and socializing.

My Business

My business involve transfer of money,basically depositing and withdrawing for clients its called MPESA services I also sell KPLC token my business is located in Kahawa Wendani area on the ground floor of the same building where I stay Josu Arcade.The business has great demand since within Kahawa Wendani most of the people who stay here are working class and students,we have the Kahawa Barracks being the biggest army camp in the country and we also have Kenyatta University so there is very high demand for my kind of business,I also work part time as a tour guide for Curt Tours.From the earnings from my business I settle my basic needs and I save the rest,my main challenge in business is during month ends when I require to have a big float of more than Ksh100,000 a day so I may not loose customer since for my business you earn more money from the number of transactions you operate and if you are short of float or cash you loose business.So if funded I will be in a better position to maintain more customers and repay my loan very well thank you.

Loan Proposal

Hi Lenders,am asking for 27,000 KES equivalent to 265 USD with this money I plan to renovate my shop to build new drawers,paint the whole shop and fit tiles on the floor for my premise is old and the landlord cannot do the renovation,and the old shop is not attracting any new customers to my shop.Having done the renovation mostly the painting customers will be able to see my shop from a distance and when they come in they wount forget my most appealing smile and the good services I offer them and that will mean more customers to my shop and that is more profits and so repayment will not be a problem just like before I will be able to clear my loan in good time and save money for my education and the future thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$274.00

Date disbursed

Jan 24, 2016

Repayment status

Late

Projected term

48 months

Lenders

B

blahblah

Nuernberg, Germany

jan73

Eugene, United States

MW

Matt Willis

United States

BB

Ben Bellows

United States

PG

Paul Graham

United States

PR

Paul Rausch

United States

Tony Liao

Montreal, Canada

E

Elynne

United States

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