Entrepreneur
Name
Quinter
Member since
April 2014
On-time repayments
53 installments • 47%
About Me
Thanks for letting me introduce myself: I am quinter, a single mother of two daughters aged five and eight years, and I am in the secondhand clothes business. I graduated from my o levels back in the year 2003 from a local secondary school and ventured into business after failing to afford a college education in the year 2010. I use my profits both expand my business and fend for my small family as a single young mother. I love listening to music and following up trends on social media during my free time. I am determined to get my life back on track and succeed financially to make the life of my children better.
My Business
I normally travel to the city (Nairobi)’s Gikomba Market to buy cheaper second hand imported clothes which I normally resell here back at my local area. With the rapid growth of population, there has been an increase in demand for basic needs such as clothing. During the past three years that I have been in the second-hand clothes business, I have managed to cut myself a nich’e in the local market as a trustworthy and pocket friendly pricing dealer and in touch with the fashion trends of the youth who are mainly my targets. In a moth, I can make an average of around 50 USD in sales revenue where I take home almost half of this as profits. Due to the high competition, I intend to rent or build a clothes stall and add more stock.since that the clothes sector is favoured by time and season, i got a good advise to start (Airtel Money) and be their agent of which having done many transactions in a month, you can earn double the amount you use as your float
Loan Proposal
Once again i thank zidisha lenders for your support to growing businesses.i would like to increase more stock to my business stall.for the next few months i hope the demand for clothes will be higher as we are approaching Nov-Dec festive seasons.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$52.00
Date disbursed
Oct 16, 2014
Repayment status
On Time
Projected term
3 months
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