Add Stock to Clothing Business and Enroll in Driving Course to Deliver Clothes

Joan

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Joan

Member since

February 2015

On-time repayments

38 installments  •  26%

About Me

I am from a family of 4, born and raised in Nairobi. I have a Diploma in marketing and sales and also a certificate in secretarial studies. Due to the high unemployment rate in y country, I ventured into business almost three years ago to better my life and those of my siblings. While the business growth has been slow, it is steady and I am hoping for better times ahead. I deal with second hand clothes which I hawk from on City's estate to the other.

I am a very goal oriented kind of person,i always set goals and achieve them. I am also very hungry for knowledge.I believe that in learning...you get to grow in life and business as well as career wise. Giving back to society is also something i love doing. Mostly i participate in runs and walks for charity. I can play a guitar and I am a choir member at Ruaka PCEA church.

My Business

I deal in secondhand clothes business, and this how I earn on average every month.

Monthly Sales $300
Expenses $120
Miscellaneous $ 60

Profit $120
My business is still small but i can see a future because am not giving up any day soon. I hawk second hand clothes to people who i am recommended to by my clients and friend. I know with time i will buy a truck and i will be doing the same business of taking my products(clothes)to my customers at the comfort of there homes,offices, etc, depending on there preferences

Loan Proposal

The loan will help me alot.I will divide it in to two haves.one half i will get more stock both second hand and new clothes to sell to my clients.And the other half...i will get bak to a local driving school and apply for a refresher driving course since i want to make my business of delivering clothes in a car a reality

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 20, 2015

Repayment status

On Time

Projected term

4 months

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  • Joan    Aug 15, 2017

    Hi lenders,

    I will make a bulk repayment on the 3rd of September, My business has been affected dearly by the election fever in Kenya.

    Please bear with me.

    I am sorry for any inconvenience.

    Thank you In advance

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  • Joan    Jul 31, 2017

    Had trouble sending the cash yesterday..30/7/17 because there was no electricity and my phone was not charged. However i will send the amount today the 31/7/17. I am sorry for any inconvinience.

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  • Joan    Jul 17, 2017

    With the money..I will successfully add the ladies wristwatches. This has really helped me a great deal hence my business will grow.This is slowly helping me into an independent and an established business person I want to become.
    Thank you so much for believing in me and for giving me a chance to improve my business.

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  • James    Jun 16, 2015

    Dear lenders,

    I have contacted Joan and advised her to pay and bring up to date her loan instalments.

    She has promised to do so by Monday 22/06/2015.

    Otherwise I will do a follow up of the same.

    Thank you for your patience on her behalf.


    James,
    Vm.

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  • James    Apr 16, 2015

    Hi lenders,

    I am still following Joan's issue since she has late repayments and she is going to resume payments by next week otherwise reschedule.

    James,
    VM

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  • James    Mar 21, 2015

    Hi lenders,

    I did contact Joan Kinyua,and she has a problem of logistics and that she is usually very busy at her place of business however,she will find time starting next week,that is,as from 23/3/2015 to do the loan repayment.

    I have found Joan to be promising and somebody who is serious in whatever she is taking.

    Otherwise I wish her well.

    Esteemed,
    James Gachukia.
    VM.

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  • Joan    Feb 18, 2015

    Hello Lenders,

    Thank you for everyone who is contributing towards my loan. I am hopeful that it will be funded before expiry.

    Be Blessed
    Joan

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