Add more stock of second hand clothes

Rose

Nyahururu Town, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Rose

Member since

May 2015

On-time repayments

48 installments  •  0%

About Me

I grew up in the Nyahururu region.I am married with two lovely children. Currently, I am based in Nyahururu and running a second hand business specializing in children and women.
My future dreams revolves around being the giant supplier of second hand clothes and as well creating employment for those unemployment so that at the end of it all those who cannot put a plate of food on the table can do so even in a small way. This is my passion and dream when seeing other people benefiting in any small way and resultantly leaving a legacy. And that in that small way, contributed to another's success and becoming my brothers keeper.
My inspiration comes from the way we grew up in hardships and I swore never to see such hardships in me again through hard work, dedication and commitment.I have all along known that if other people can succeed, then its no exception for me.And that has been my motivator at all times.

My Business

I retail and wholesale at the same time. I specialize in children/women wear. I decided to do this business out of passion and as well at that very time it was the only business I could do. Secondly, its not a perishable business therefore risks are very minimal.
The biggest challenge is on policy regulation by the government on this type of business. Secondly, is about licensing. This has affected the ordinary business person dealing with this type of business.However, due to good customer base, i have managed to go through it over time.
My goals are to see to it that I am able to meet my clients needs as and when appropriate, achieve sales target and as well be able to continuously penetrate the market even to the East African market.
This is the business am most proud of. I can be able to reschedule my time well, I am not worried whether it will go to waste like the perishables and in it all i get and achieve m y goals.

Loan Proposal

I will use the loan to add more stock and this will cost $100 in total.The purchase will drive increased revenue and profit since the money will help me to buy wholesale at a cheaper price and retail for a higher profit.
This loan will impact my business positively since i will develop trust to my customers and i will have quality goods through this loan and therefore good business.My standard of living will be better than before.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

May 20, 2015

Repayment status

Late

Projected term

11 months

Lenders

Jonas Sweep

Utrecht, Netherlands

DocHolliday

Legend, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$0.00

Amount remaining

$105.14

Expected completion

Apr 24, 2016

Status

Repaying late

Installment amount

$2.19

Repayment History

Expected Payments Actual Payments
May 31, 2015 $2.19
Jun 7, 2015 $2.19
Jun 14, 2015 $2.19
Jun 21, 2015 $2.19
Jun 28, 2015 $2.19
Jul 5, 2015 $2.19
Jul 12, 2015 $2.19
Jul 19, 2015 $2.19
Jul 26, 2015 $2.19
Aug 2, 2015 $2.19
Aug 9, 2015 $2.19
Aug 16, 2015 $2.19
Aug 23, 2015 $2.19
Aug 30, 2015 $2.19
Sep 6, 2015 $2.19
Sep 13, 2015 $2.19
Sep 20, 2015 $2.19
Sep 27, 2015 $2.19
Oct 4, 2015 $2.19
Oct 11, 2015 $2.19
Oct 18, 2015 $2.19
Oct 25, 2015 $2.19
Nov 1, 2015 $2.19
Nov 8, 2015 $2.19
Nov 15, 2015 $2.19
Nov 22, 2015 $2.19
Nov 29, 2015 $2.19
Dec 6, 2015 $2.19
Dec 13, 2015 $2.19
Dec 20, 2015 $2.19
Dec 27, 2015 $2.19
Jan 3, 2016 $2.19
Jan 10, 2016 $2.19
Jan 17, 2016 $2.19
Jan 24, 2016 $2.19
Jan 31, 2016 $2.19
Feb 7, 2016 $2.19
Feb 14, 2016 $2.19
Feb 21, 2016 $2.19
Feb 28, 2016 $2.19
Mar 6, 2016 $2.19
Mar 13, 2016 $2.19
Mar 20, 2016 $2.19
Mar 27, 2016 $2.19
Apr 3, 2016 $2.19
Apr 10, 2016 $2.19
Apr 17, 2016 $2.19
Apr 24, 2016 $2.27

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