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Anthony Juma

Kitale, Kenya

100% repaid

Entrepreneur

Name

Anthony Juma

Member since

February 2015

On-time repayments

200 installments  •  85%

About Me

I am Anthony Juma, the second born in a family of 10 siblings’ I was brought up in the suburb areas of kitale town in Trans nzoia county. I was brought up in a polygamous family where my father had three wives therefore he couldn’t be able to raise and educate all of us. The burden of raising our family was left to my mother who used her savings that she made from washings clothes and digging for our neighbors.
I was able to complete my primary education of which I passed very well but didn’t have enough money to join a good secondary school, I joined the nearest secondary school in our area, I passed well too but I was not able to join a college for lack of school fees. I managed to start selling second hand clothes located at police line in kitale,I started the business to earn a living and invest so as to help my mother educate my younger siblings .I am able to generate over $400 The uniqueness about my where I live is that I deal with different kinds of people and I have a ready market.
My hobbies are traveling,singing,reading and socializing.

My Business

My business is located in kitale town along police line street.I deal in selling second hand clothes especially shirts and jackets.I started this business in 2011 after my high school.I was not able to proceed to college for lack of fees and i discovered that due to high population and my love for fashion this was an ideal business for me to do.I make good profits from my business which i use to pay bills and educate my siblings.I am saving more cash to enable me join college in future.
I am also planning to rent a shop to stock the clothes and get out of the street.

Loan Proposal

I am grateful for the continuous financial support i have been getting from my lenders, it has made an positive impact to my business and to my livelihood. Considering that i only deal in men long trousers and shirts, once given the loan, i intend to introduce selling blouse and women tops. Concisely, i will restock men trousers, which i will buy at $3 each and sell each at $4, men shirts buying at $2 and selling at $3 and will introduce women blouse each buying at $2 and sell at $3. In total, i intend to spend $2700 in buying 900 units of men trousers and $1800 in buying 900 units of men shirts. For women blouses, i intend to buy 750 units at $1500.
Through the profit increase, i will benefit from reinvestment, paying bills, paying school fees for my children next year and i will also pay fees for my younger brother who intends pursue a computer course next year.
After investment, i expect to make a profit increase of 33%.

Feedback

2

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  • Mary    Oct 21, 2017

    Anthony is a wonderful borrower. I would recommend lending to him for any future loans!

    Log in to reply • Share
  • Margaret    Oct 5, 2017

    Anthony paid his loan off perfectly, I would gladly loan to him again!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$580.18

Date disbursed

Dec 3, 2016

Repayment status

On Time

Projected term

11 months

Cost to entrepreneur

Service fee: $23.92

Lenders

MakeSense

-, St. Kitts and Nevis

ads68

Melbourne, Australia

Bobrm2k3

Charleston, United States

Paul Buchheit

Mountain View, United States

Jeremy

Washington State, United States, United States

PR

Paul Rausch

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

MF

Mike Frawley

United States

A

Anonymous

United States

M

Margaret

United States

Salvatore Martello

New York, New York, United States

Paul Buchheit

Mountain View, United States

M

Mary

United States

A

Anonymous

United States

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