Inventory of traditional ornaments for my shop
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
When I get the loan I will buy the following;
A few ornaments like necklaces made out of traditional materials painted in kenyan flag at about 40 dollars, Will go to my normal supplier and purchase a few braziers and women pants at about 60 dollars for a start.
This will improve my stock and also make my supply of ornaments stable since in Kenya this is the booming business that I discovered after I went through problems.
The supply of other women ware will still go own as I open avenues for more expansion.
This will help me support my family in terms of paying rent, food and paying my house help as salary. I request you help me lenders.
Thanks in advance.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 29, 2015
Repayment status
On Time
Projected term
4 months
Other loans
Lenders
United States
Ask Joan a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.