Add new stock in mens wear

Racheal Himwenda

Choma, Zambia

100% repaid

Entrepreneur

Name

Racheal Himwenda

Member since

May 2017

On-time repayments

35 installments  •  94%

About Me

Im grade 12 my road has not been easy, i starting the clothing business in 2007 by going door to door looking for customers. When im faced with hardship i pray to God at the same time go round selling my goods following where people are found until i sell someting. The unique thing about Choma is the way of life of people around here they are from village yet they love to work hard.
My business is growing gradually, the good part is I'm able to pay my bills and keep pushing for the increase of my capital.

My Business

I sell cloths for both ladie and men, casual and office wear. They are in demand because the town Choma was recently declared a provincial capital so people look for good cloths to look good at work. I choose selling cloths because each time someone look at me they use to admare the cloths i wear. I use part of my profit for school fees for my children as well as growing my business. My revenue is K48.00 and my costs are K750.00 per week.
I have to work extra hard because 2 of my sons are writing their grade 9 exams this year and next will be another story.
your assistance in this matter will help a lot.
and I would have loved if my loan was to be increased

Loan Proposal

Mens trouserses
20 chinos x $8
20 belts x $2
20 pants x $1.5
By adding this to my stock i will add up even with my profits to 30%
In near future if my loan will be increased i will be greatful because you have been helping me with adding on my childrens school fees.
May God continue to increase you as you are helping us grow in our business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$80.89

Date disbursed

Nov 21, 2017

Repayment status

On Time

Projected term

8 weeks

Cost to entrepreneur

Service fee: $2.31

Lenders

B

beckynagel

United States

PG

Paul Graham

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

CH

Christian Holck

United Kingdom

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