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.
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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
Shanghai, China
KUALA LUMPUR, Malaysia
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