Inventory of more traditional ornaments for my business
Joan
Muramba, Kenya
100% repaid
Entrepreneur
Name
Joan
Member since
April 2015
On-time repayments
119 installments • 87%
About Me
Joan Sasaka is a Kenyan citizen aged 39yrs. I am married and have two children A boy and a girl aged 11 yrs and 3 yrs respectively.
I went through primary, secondary Education and finally completed a certificate course in Bungoma teachers training college.
My husband being the sole bread in the family, we come at a point when we were financially fixed. I was forced to do odd jobs to make the ends meet.
The worst part of my life come when he was retrenched by the Government without pay. We were thrown out of the servants quarter with a three months old baby.
I was forced to make ends meet. I started hawking women ware from door to door. among the things I sold were Women panties, Petticoats, Braziers, Bangles and Necklaces and hand bangs together with shoes. after a well wisher contributed some capital to our family.
The business picked up well and sustained us for sometimes until I acquired a job in one of the schools to supplement our income..
The school am paid 80 dollars put together with the earnings I get from my business of about 130 dollars. This makes us able to pay rent and also buy food among others.
My Business
Normally about the business at the moment my running capital is 180 dollars in stock.
Should I get the loan Will go for the very business am used to since am now known to my clients as a dealer of the same.
I will by a Stock of about 90 dollars to add to the current stock. This would earn me about 180 dollars of which the difference will be my profit. this will help me to help my husband in financial responsibility as I wait for employment by the Government.
Loan Proposal
My first loan has made me good.
My business involves buying things like women ware and men ware like masaai ornaments like leather sandles, bangles,and bras which I sale at good profits to my clients whoa are mainly teachers and other clients who have passion for beauty and durable things.
When I get the money will do the following:
Buy stock worth 118 Dollars. The remaining amount will be reserved for goods on order for certain customers.
The profits will amount to about 43 dollars per each stock purchase which will help me repay the loan, pay my helper and also save for my hose hold needs.
Thank you in advance as you lend me. I promise to keep the trust.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$232.00
Date disbursed
Oct 14, 2015
Repayment status
On Time
Projected term
8 months
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