Add stock for fashionable clothes and jewelry

Roselyne

Nairobi, Kenya

70% repaid

Entrepreneur

Name

Roselyne

Member since

February 2014

On-time repayments

24 installments  •  25%

About Me

My names are Roselyne Wekullo, I am the fourth born in my family. I have two sisters and two brothers. I have a degree in commerce majored in Finance. I left working for an NGO to start my own business and concentrate on it giving it 100% of my time. Initially I started it online but now I cost share rent on the store with a friend doing a different kind of business.
Am a friendly person, accountant by profession and a business person always trying new challenges to achieve my goals.

I love beauty and fashion hence my passion for selling classy and glamorous clothes to make women feel beautiful and confident. My passion has enabled me to increase my customers base and thus high demand for supply of trendy and fashionable clothes designs in the market.

I would like to expand my business incorporating shoes, jewelry and handbags to make a complete design for a customer so that it becomes a one stop shop for everything a woman desires and wants.

Let us all feel and look amazingly beautiful by making this dream come true..xx

My Business

Klads Heven is an online shop selling beautiful classy dresses for women. I started the business with approximately Khs. 50,000 and from there been getting monthly income of kshs, 80,000, expenses being 60,000 and saving 20,000 after expenses.

I have customers who wish they could get everything like dresses, shoes, jewelry, handbags so that they can shop all under one roof. I have managed to secure Kshs. 50,000 to put up a shop and also incorporate the other items as well so that clients have a shop to come to, try out new stuff, match from head to toe and feel fabulous.

I can only realize this dream by adding some more funds to what I already have to make women happy and match up with the increase in demand for the clothes.

From the revenue I get monthly topping up this new idea the revenues will go up initially by 30% on-wards and break even within 4 months.

Kindly make my dream come true and make women look and feel amazingly fabulous!

Loan Proposal

My customers come in everyday wishing they could get elegant fashionable clothes, with matching shoes and jewelry. The loan amount will enable me to purchase pearl beads to make necklaces, earrings and bracelets to match with the outfit, add stock in shoes to match and handbags.

For the pearl jewelry it will cost me Kshs, 3,000 to purchase beads and chain and make the jewelry myself reducing cost for purchase them directly from wholesalers. This will give me a return of Kshs. 7,000 upon selling them.

For handbags will cost me Kshs. 5,000 to purchase new classy handbags and the return here is high i.e. Kshs. 10,500

For shoes purchase with the remaining Kshs 4,000 which in return will earn me Kshs. 7,000

This will enable me to pay my loan of Kshs. 15,240 comfortably in less than 10 weeks.
This will also increase my customers base and when the customers are happy they bring in more customers and the business expands Thanks to Zidisha org.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 5, 2014

Repayment status

Late

Projected term

5 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

L

Lemon

Switzerland, Switzerland

B

Bavarian

Bavaria, Germany

andreasol

Bielefeld, Germany

M

mkellerman

Shanghai, China

Sarasota

Sarasota, Fl, United States

C

CZC

Lake Zurich, United States

Richard Griebe

La Jolla, United States

V

vrthe99perc

KUALA LUMPUR, Malaysia

K

Kendah72

United States

M

meric

Australia

Ask Roselyne a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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