Add ladies' wristwatches to my clothing business

Joan

Nairobi, Kenya

11% repaid

Entrepreneur

Name

Joan

Member since

February 2015

On-time repayments

38 installments  •  26%

About Me

I am from a family of 4, born and raised in Nairobi. I have a Diploma in marketing and sales and also a certificate in secretarial studies. Due to the high unemployment rate in y country, I ventured into business almost three years ago to better my life and those of my siblings. While the business growth has been slow, it is steady and I am hoping for better times ahead. I deal with second hand clothes which I hawk from on City's estate to the other.

I am a very goal oriented kind of person,i always set goals and achieve them. I am also very hungry for knowledge.I believe that in learning...you get to grow in life and business as well as career wise. Giving back to society is also something i love doing. Mostly i participate in runs and walks for charity. I can play a guitar and I am a choir member at Ruaka PCEA church.

My Business

I deal in secondhand clothes business, and this how I earn on average every month.

Monthly Sales $300
Expenses $120
Miscellaneous $ 60

Profit $120
My business is still small but i can see a future because am not giving up any day soon. I hawk second hand clothes to people who i am recommended to by my clients and friend. I know with time i will buy a truck and i will be doing the same business of taking my products(clothes)to my customers at the comfort of there homes,offices, etc, depending on there preferences

Loan Proposal

I will use the loan to expand my already existing business.I would like to branch out and start selling ladies wrist watches which I will start with $45. I also opt to get a small space which is going to cost around $15 per month.
This is a benefit in that I will create employment as I continue with my other businesses.
In this new venture I expect to make profit of up to $10 a month

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$89.00

Date disbursed

Jul 18, 2017

Repayment status

Late

Projected term

4 months

Other loans

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

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.

Loading...

Loading...

Loading...