Stock for my business

Nancy

Nakuru, Kenya

Funds disbursed

$0 to go

100% funded of $5 goal

0

days left

Entrepreneur

Name

Nancy

Member since

April 2017

On-time repayments

17 installments  •  47%

About Me

Am Nancy mahu,a married Woman in Nakuru with 3 children with a certificate in early childhood education.I started businesses once I finished with my college and with some savings I had.Its because of it that I realised it is so beneficial to be a business woman rather than being employed.My place where I live is a unique place with good people who supports me in my business.During my free time,I like reading financial books,interacting with my children where I teach them some entrepreneurial skills which they will once use to start big businesses.My business has helped me to overcome many challenges including getting fee for my children,expanding my business and helping my family.It has also encouraged my children to start their own ventures and be independent, self employed particularly this time when getting a job is hard.My two children want to start big companies in future and the daughter dream is to pursue law.Also your team has helped me achieve some of my dreams and I will continue needing your services.

My Business

I deal with a glocery and also a shoe shop and would like to expand my shoe shop.Shoe are profitable since no one can be willing to walk bare foot.Also like said earlier I enterer to this business to save customers who are overcharged by business people with high prices and also to make a living.I use profits to expand my businesses and also fo my children fee.

Loan Proposal

My problem with small stock has reduced my profit margin and cost involved per unit in transporting my shoes.I plan to increase my stock by 4000kes and by this I believe that my business profits will be increased by high rates.Also when I increase the stock it will help me in satisfying my customers need because they will not complain as they will get what they want.I expect my profits to increase by about 10-20% within the first month.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Aug 24, 2017

Repayment status

Late

Projected term

6 weeks

Lenders

CN

Craig Newmark

United States

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