Ladies' shoes & handbags to stock in my clothing business

Regina Mary

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Regina Mary

Member since

January 2015

On-time repayments

289 installments  •  80%

About Me

I’m the second born in a family of eight. Since my parents didn't have enough money to pay school fees for all of us, I didn't advance much in education as I was forced by the circumstances to do odd jobs to support my younger brothers and sisters. I was employed as a tea girl in a local primary school and it’s from that job that I saved some capital that helped me start my current business of selling second hand clothes. I would want to see my children grow to become successful people who shall make a difference in other people’s lives. Besides working, I love taking a nature walk, meeting new friends and reading magazines during my free time.

My Business

My business involves selling of both new and second hand clothes for women and children. Initially I started with selling the second hand clothes only, since majority of the citizens are not able to afford new clothes but still need to look decent in their outfit. Currently, I’m also selling brand new clothes, since demand for them is slowly increasing as the purchasing power of my customers increase. It’s also an open secret that women are the highest buyers of clothes, as opposed to men. In a typical day, my incomes ranges between 20$ to 30$, and I set aside 7$ each day, to cater for my running expenses like rent for the shop, transport, lunch and several other expenses. This leaves me with between 16$ to 23$ which helps me to cater for other needs like providing food for my family, paying rent for our house, paying school fees, expanding my business and also extend a hand of help to the more needy like the kids in children homes.

Loan Proposal

Hello Lenders. This is what i plan to buy with the new loan;
1. Twenty pairs of Ankle stacked heeled sandals going at 7$ per pair, and sell at 10$ per pair, giving a profit margin of 3$ per pair.
2. Ten pairs of Open toe buckled sandals going at 6$ per pair and sell at 8$ per pair, giving a profit margin of 2$ per pair.
3. Ten pairs of Stylish leather sandals going at 7.8$ per pair and sell at 11$ per pair, giving a profit margin of 3.2$ per pair.
4. Twenty pairs of Women flat shoes going at 5$ per pair and sell at 8$ per pair, giving a profit margin of 3$ per pair.
5. Ten pairs of Wide fuschia open courts going at 9$ per pair and sell at 13$ per pair, giving a profit margin of 4$ per pair.
6. Fifteen pairs of Classy ladies boots going at 11$ per pair and sell at 14$ per pair, giving a profit margin of 3$ per pair.
I expect my profit margin to grow by approx. 20% per month from the next two months. I will use part of the profit to expand my business, by adding more stock and opening other new joints and the rest of the profit to assist my family and needy members in the society. Thanks a lot for your anticipated help..

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$612.00

Date disbursed

Jun 28, 2016

Repayment status

On Time

Projected term

15 months

Lenders

Andre

Hamburg, Germany

W

winfried

Seoul, Republic of Korea

korben

VILLENAVE D'ORNON, France

Scott

Oregon, United States

A

anonymus

Moon, United States

johnandmoliehi

Canton, New York, United States

MienDeGraeve

Ouagadougou, Burkina Faso

sebastienrosa

Quebec, Canada

A

AlexCheng

Seattle, United States

L

lujabe

Melbourne, Australia

A

anonymous123

United States

G

graememoss

Amsterdam, Netherlands

SeeMeeFi

Ontario, Canada

R

rholden

glen iris, Australia

mtnsailor

Harrisonburg, United States

C

Charlotte

Charlotte, United States

C

CheapThrills

Liminka, Finland

mrgonzalo

San Francisco, CA, United States

M

mtaylor

Houston, United States

T

Taupe

Balzers, Liechtenstein

K

kingcamo1095

Mountain Home, United States

D

DavidJSmu

North Attleboro, MA, United States

mojobob

Hayward, United States

B

BMcDermott

Washington, DC, United States

D

DogFort1

Sydney, Australia

Evan Lamos

Brussels, Belgium

T

thebonseung

Republic of Korea

K

kristina19

United States

M

Mullagh

United Kingdom

AllieJ

Camberwell, Australia

Romojo

Paraparaumu, New Zealand

Paul Buchheit

Mountain View, United States

F

FSO

Canada

Landerson

Edinburgh, United Kingdom

B

bugdaniel

Switzerland

W

ww1137

United States

B

bscent

Hong Kong

Taylor Hanna

United States

TyrynyRed

United States

Loungin

United States

K

Keith

Luxembourg

Otto Barten

Amsterdam, Netherlands

D

ddm08

United States

M

MicroLender53

United States

C

Crainster

Chapel Hill, United States

D

djlayton4

United States

Mike and Jacqui

United Kingdom

K

Kristiina

All Countries

MZ

Israel

Nigel Titley

Milton Keynes, United Kingdom

A

AER

Germany

TR

Tom Roucoux

Studham, Bedfordshire, United Kingdom

Mark

Nijmegen, Netherlands

V

Vanessa

Gold Coast, Australia

W

Wade

United States

MB

michael breen

United Kingdom

The Bayiates Family

Chicago, IL, United States

G

Graham

United States

C

Chitti421

United States

BK

Brianne Keyes

United States

T

thedan33

Czech Republic

TB

Taylor Brown

United States

JR

j r cannaday

United States

George

Corvallis, Oregon, United States

CNV

United States

Carla

Amsterdam, Netherlands

Andri K

Baden, Switzerland, Switzerland

Framework Eyewear

Utrecht, Netherlands

C

chryddi

United States

B

Brent

United States

Chris OConnor

Atlanta, United States

Solon Brown

Singapore, Singapore

Martin Nielsen

Aarhus, Denmark

JF

Jason Foti

United States

F

Frits

Rotterdam, Netherlands

M

Mart

United Kingdom

Robin Padberg

Pétion-Ville, Haiti

Sarah and Dave

Toronto, Canada, Czech Republic

P

patricio

Yorba Linda, Ca, United States

AH

ajay hampapur

United States

J

Jeff

United States

E

eriklonnroth

United Kingdom

YK

Yonghwan Kim

Republic of Korea

A

Allie

Australia

TJ

Tovah Jordan

United States

Aran Dunlop

United States

Hana

United Arab Emirates

NB

Nancy Biasca

United States

Tobias

Frankfurt, Germany

BS

Brad Syverson

United States

Paul Smithson

Leeds, United Kingdom

Rosario von Li

San Jose, Ca, United States

A

Andrei

United States

N

Nino

Switzerland

Diego

Monza, Italy

Eugen Stamm

Zurich, Switzerland

Cliff

United States

Heidy

N J, United States

Will

United States

AG

abel ghita

Bucharest, Romania, Italy

B

Bramlage

United States

DM

Dimitri Malarme

Brussels, Belgium, Belgium

OH

Orion H.

United States

MT

Marco Tietz

United States

Carlo Cruz

Cincinnati, OH, United States

Dan Michael

Oslo, Norway

M

manateeman6

United States

L

LK

United States

Y

YTSJ

London, United Kingdom

Max B

Saint Louis, United States

NS

Nielson Santana

Recife, Brazil

TW

Tyler Wood

United States

Philip Schueler

Newbridge, Ireland, Ireland

JC

Justin cohan

United States

S

stevensau

United States

Mr Chris Turner

Cambridge forever England, United Kingdom

EthicalHost

Toronto, Canada

KE

Karen Epolito

Syracuse, NY, United States

RB

Rohit Bhatia

United States

GG

Gituru Gitumbi

Seattle, United States

V

Vidar

Oslo, Norway

D

danilg05

United Kingdom

S

Stephanie

Zurich, Switzerland

LK

Leslie Kelly

United States

H

Huub

Switzerland

Iris

Ireland

I

isaac

United Kingdom

DK

Danny Kelly

United States

JC

juli camrud

United States

RC

Rudi Chen

United States

SR

Sharyn Ribich

United States

A

anniewynkoop

United States

B

Boris

Bern, Switzerland

K

Kenny

United States

Zack Stein

United States

GA

Giovanni and Yelena

New York, Ny, United States

J

Jon

United States

Humble Bundle Community

San Francisco, United States

VC

Victor Chong

United States

MG

Morten Gade

Copenhagen, Romania

A

Anonymous

United States

S

seahillpark

United States

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