Name
Kiliopa
Member since
September 2015
On-time repayments
117 installments • 93%
I Kiliopa Aggrey was born in kibera slum Nairobi county.went to school at kibera primary for my primary education.There after i joined chavakali high school in vihiga county for my o level.after completing my o level.i had to start working as laborer to fund my college since my parents were un able to facilitate my higher education.
i started my business after losing my employment during post election violence in Kenya 2008.
i would love to see my children being success in their education and being God fearing children
My business is a boutique where i do sale New and second hand clothes.
They are useful in demand because my target customer are those people in society who cant afford new clothes especially those who live in slum.
I chose this business because i love fashion
I nomally buy abale at a cost of 18000 Kes,my revenue comes from my profits and personal loan
i use my profits to take my 2 sons to school and reinvest in the same business to increase my stock level
Malesh boutique expansion plan is to renovate the stall and purchase more stock
renovation of stall will cost 35000 with labor
New stock (2bales of dresses=50,000)
Transport of stock=1500
Pay of business permits=5000 per year
Total expenses=35000+50000+1500+5000=91500
The remaining amount to repay loan for the first week=7500
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$313.00
Date disbursed
Apr 17, 2018
Repayment status
Late
Projected term
6 weeks
Other loans
United States
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Mary Apr 1, 2018
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