Entrepreneur
Name
Esther
Member since
December 2010
On-time repayments
44 installments • 84%
About Me
My name is Esther Njeri. Iam with one kid of five years. I stay at Bahati which is in Nakuru outskirts. I am a business lady . I work very hard so that I can feed my family
My Business
Ihave been doing a lot of selling second hand shoes. I buy from the main dealers and then resell at retai price. The price of a package depends on the type of the shoes. There are those that go for ksh 20,000 while others go for ksh 15,000. I take care of the children and the adults. I usually get a profit of about ksh 10,000 perackage
I had taken a loan with Inuka
from Faulu Kenya. At inuka Group , I took Ksh 20,000 in the year 2004 and paid it back the same year.This money was used to start up the shoe business.Later in the year 2009, I took another loan of ksh 20,000 from Faulu Kenya and was able to repay in the same year . For the Faulu Kenya, Pilsiler Njeri (0710192741) and Mary Muthoni (076578874) can attest to that while Peter KImani (o714752507) can attest concerning the Inuka Group
Loan Proposal
The future of my second hand clothes and shoes bussiness looks bright now for i can go for three bales of mitumba(second hand clothes) at a cost of ksh 6000 each and sell it at ksh 7500 making a profit of ksh1500 so for the three bales i will make ksh4500 .Previously i used to buy only one bale with the loan i will be buying more
Feedback
Positive
4
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$250.00
Date disbursed
Jan 18, 2011
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
Ask Esther a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...