Name
Pauline
Member since
May 2017
On-time repayments
57 installments • 61%
My names are Pauline wamuchwa and I was born in kakamega county in the year 1986. I joined navagholo primary school in the year 1991 and completed in the year 1998 and latter joined uasingishu high school and I completed in the year 2002. After I completed high school ,my father was retrenched from job and was unable to take me to college. I stayed home for five years and I was latter employed by my aunt to supply handbags to her cliants in eldoret town ,that is from the year 2008. I worked for her for five years because she paid me very little amount of money and in 2012, I had saved 20 thousand shs and I decided to start my own business.
My business is of selling handbags,briefcase and suitcase. This handbags are on demand since the year 2013 when our government enacted a law that barn the us of nylon bags because they said that paper bags are not good on environment and the Kenya n government emphasize more use of handbags and that makes me smile. I choose this kind of business because is the one that am experienced in and I know where to buy at a fare price and where to sale and get good profit because I was trained by my aunt when I worked for her.my net profit per month is 30000kshs per month. 10% to church, 20% my children's school,30% my house rent,30% reinvesting to grow my business.
I will buy three handbags to sale which costs 7 dollars and my business will grow .this will be so beneficial because my stock will be reasonable and because customers likes variety, I will buy them in different colours and it will help me to know which colour do customers likes the most.only those 3 handbags will give me a profit of 1500 shs within one week
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$29.00
Date disbursed
Jun 10, 2017
Repayment status
On Time
Projected term
6 weeks
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