Add clothes stock to my business

Charles

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

March 2016

On-time repayments

155 installments  •  25%

About Me

I Charles NJUGUNA mugoiri aged 31 years i was born in thika district kamwangi division mang'u location karuri sublocation in a family of seven three males and four females being a third born, I went to igikiro primary school in 1991 where I learnt up to class eight and then went to mang'u high School in 1999 thereafter I got employed with a small company which was processing milk, there is where I manage to get capital to start my own business of selling second hand clothes the business grown up to now where i have large quantity of stock. My two children work hard in school willing to be businessmen. I am willing to be buying goods in large quantity than i am now.

My Business

i am selling secondhand clothes which i buy into pieces. These goods are in demand because most of the people prefer to wear secondhand clothes than new ones because they are cheaper and affordable compared with newones. I choose these business because most of the people of where I locate my business earn less money. The stock is getting up because by now i have a stock of thirty three thousand. I have managed to use some of my profits to pay school fees of my small brother and sister and to feed my family, I also use the rest of my profit to add stock.

Loan Proposal

if I get this loan I will add men trousers and shirts and also t shirts which will will help me to learn my business without rushing so serving many customers which help me to make more profit. this will also help me to renovate my shop because we are on rain season which can destroy business

Feedback

2

None

None

  • BernadetteV    Jul 2, 2017

    Repaid the loan just as he had promised. All the best for you.

    Log in to reply • Share
  • Ahadi    Apr 25, 2017

    Charles is a serious borrower.
    Perfect repayment.
    Asante sana.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$29.00

Date disbursed

Jul 18, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

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