Hellen
Mariakani, Kenya
100% repaid
Name
Hellen
Member since
June 2014
On-time repayments
262 installments • 50%
I live in Mariakani in Mombasa county,i started my business of selling mattress in 2003 after my mother gave me the capital to start the business.My business is located in Mariakani. Am a single mother of a son.After six months of starting the business i bought a refrigerator which i use it to sale refreshments to schools and community gatherings. I love my business because it provides us with our daily needs. My hobbies are watching movies and taking my son to the beach.I will be grateful if i succeed to get a loan because i will be able to buy more stocks and expand my business and probably go back to school to get my Degree.
I sale mattress and and refreshments,i sale high quality mattress and affordable refreshments. I get orders for mattress in boarding schools and refreshments during communities events. I offer friendly services,i accept installment payments and free home deliveries of mattresses this puts me above my competitors.I earn $120 per month,i pay my monthly rent,transport,stock and am able to save little.I believe my business is profitable because since i started i have been steady with my income and i will keep you informed of my progress.
When i get this loan i will use it to buy a blender which is $50,i will use to blend fresh juice and keep it chilled then sale.It will help me move a notch high in terms of reducing the expenses i use to buy the ready made refreshments.I will be buying fresh fruits and blend them and also my customers will be able to chose the combination of fruits they want blended.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jul 2, 2014
Repayment status
On Time
Projected term
12 months
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