Evans
Nairobi, Githurai 44, Kenya
43% repaid
Name
Evans
Member since
January 2014
On-time repayments
170 installments • 64%
I am a young entrepreneur who has engaged in the business since i was in high school and business is my passion. I always loved doing business deals even at a tender age. Having been brought up by a single parent i always had to look for ways to survive in this harsh economic times. I was lucky to go to the university and acquired a degree in finance and economics.
While in university i did several businesses and finally settled for clothes sale which i got an upper hand since i got a reliable supplier who brought me very unique clothes and also got loyal customers who came again and again and also referred others as well.
Having been so passionate about business i always new that this was my line of profession even after graduating and that's what even today i do.
My business involves selling of both clothes and shoes. Most of my products are imports from china turkey UK and USA as well as Dubai. I have been in this business now for the past 4 years and have been able to establish a reliable customer base.
In my line of work it entails selling new clothes and shoes. Advertising is part of this business and it has to be consistence. In this generation we taking the business to the customer where a customer orders for a product lets say a pair of shoes then we deliver to them to their convenient place.
The costs involved in this business includes paying or council fees, rent of shop, delivery services, payment of my two workers as well as electricity.
The main revenue is acquired after the clothes or shoes are sold.
This business is there to last and the reason i chose it that customers will always be there since clothing is a basic commodity and we cannot leave without it hence demand is always available.
In my business i sell both clothes and shoes. Most of my customers are ladies. I therefore is looking for funds to increase a variety of stock for my boutique. I have already chosen desired designs which am looking to add to my variety of stock since the demand is high.
I will buy 2 bales of clothes one with ladies tops and another with ladies hot pants. This will cost me around 25000 ksh for both and then am looking also to add shoes both ladies and men around 50 pairs costing around ksh 15000. Then the logistics involved will cost around ksh 8,000.
Having bought this stock i will be in a position to make an extra 20,000 ksh a month from the sale of these new stock. I already have some pending order so once i get the stock, all I will do is supply those who already ordered.
Am looking to raise this amount from zidisha and partly from my savings. Your assistance to move my business forward will be greatly appreciated.
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Project Type
Classic Loan
Disbursed amount
$422.00
Date disbursed
Jun 1, 2015
Repayment status
Late
Projected term
26 months
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