Addition of stock for my boutique

Evans

Nairobi, Githurai 44, Kenya

43% repaid

Entrepreneur

Name

Evans

Member since

January 2014

On-time repayments

170 installments  •  64%

About Me

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

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.

Loan Proposal

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.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$422.00

Date disbursed

Jun 1, 2015

Repayment status

Late

Projected term

26 months

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$189.74

Amount remaining

$254.57

Expected completion

Aug 20, 2017

Status

Repaying late

Installment amount

$5.26

Repayment History

Expected Payments Actual Payments
Jun 14, 2015 $17.08 Jun 14, 2015 $17.08
Jun 21, 2015 $0.02 Jun 14, 2015 $0.02
Jun 28, 2015 $10.53 Jun 20, 2015 $10.53
Jul 5, 2015 $10.53 Jul 5, 2015 $10.53
Jul 12, 2015 $0.00
Jul 19, 2015 $5.26 Jul 19, 2015 $5.26
Jul 26, 2015 $5.26 Jul 28, 2015 $5.26
Aug 2, 2015 $5.26 Aug 2, 2015 $5.26
Aug 9, 2015 $5.26 Aug 10, 2015 $5.26
Aug 16, 2015 $5.26 Aug 16, 2015 $5.26
Aug 23, 2015 $5.26 Aug 31, 2015 $5.26
Aug 30, 2015 $5.26 Aug 31, 2015 $5.26
Sep 6, 2015 $5.26 Sep 13, 2015 $5.26
Sep 13, 2015 $5.26 Sep 13, 2015 $5.26
Sep 20, 2015 $5.26 Sep 21, 2015 $5.26
Sep 27, 2015 $5.26 Oct 4, 2015 $5.26
Oct 4, 2015 $5.26 Oct 4, 2015 $5.26
Oct 11, 2015 $5.26 Oct 12, 2015 $5.26
Oct 18, 2015 $5.26 Oct 19, 2015 $5.26
Oct 25, 2015 $5.26 Nov 1, 2015 $5.26
Nov 1, 2015 $5.26 Nov 1, 2015 $5.26
Nov 8, 2015 $5.26 Nov 16, 2015 $5.26
Nov 15, 2015 $5.26 Nov 16, 2015 $5.26
Nov 22, 2015 $5.26 Dec 5, 2015 $5.26
Nov 29, 2015 $5.26 Dec 5, 2015 $5.26
Dec 6, 2015 $0.00
Dec 13, 2015 $0.00
Dec 20, 2015 $0.00
Dec 27, 2015 $2.11 Jan 3, 2016 $2.11
Jan 3, 2016 $2.11 Jan 3, 2016 $2.11
Jan 10, 2016 $1.05 Jan 3, 2016 $1.05
Jan 17, 2016 $0.00
Jan 24, 2016 $0.00
Jan 31, 2016 $0.00
Feb 7, 2016 $0.00
Feb 14, 2016 $0.00
Feb 21, 2016 $0.00
Feb 28, 2016 $0.00
Mar 6, 2016 $0.00
Mar 13, 2016 $1.05 Mar 19, 2016 $1.05
Mar 20, 2016 $1.05 Mar 19, 2016 $1.05
Mar 27, 2016 $1.05 Mar 19, 2016 $1.05
Apr 3, 2016 $1.05 Mar 19, 2016 $1.05
Apr 10, 2016 $1.05 Mar 19, 2016 $1.05
Apr 17, 2016 $1.05 Mar 19, 2016 $1.05
Apr 24, 2016 $1.05 Mar 19, 2016 $1.05
May 1, 2016 $1.05 Mar 19, 2016 $1.05
May 8, 2016 $1.05 Mar 19, 2016 $1.05
May 15, 2016 $1.05 Mar 19, 2016 $1.05
May 22, 2016 $1.05 May 19, 2016 $1.05
May 29, 2016 $1.05 May 19, 2016 $1.05
Jun 5, 2016 $1.05 May 19, 2016 $1.05
Jun 12, 2016 $1.05 May 19, 2016 $1.05
Jun 19, 2016 $1.05 May 19, 2016 $1.05
Jun 26, 2016 $1.05 May 19, 2016 $1.05
Jul 3, 2016 $1.05 May 19, 2016 $1.05
Jul 10, 2016 $1.05 May 19, 2016 $1.05
Jul 17, 2016 $1.05 May 19, 2016 $1.05
Jul 24, 2016 $1.05 May 19, 2016 $1.05
Jul 31, 2016 $1.05 Sep 9, 2016 $1.05
Aug 7, 2016 $1.05 Sep 9, 2016 $1.05
Aug 14, 2016 $1.05 Sep 9, 2016 $1.05
Aug 21, 2016 $1.05 Sep 9, 2016 $1.05
Aug 28, 2016 $1.05 Sep 9, 2016 $1.05
Sep 4, 2016 $1.05 Sep 9, 2016 $1.05
Sep 11, 2016 $1.05 Sep 9, 2016 $1.05
Sep 18, 2016 $1.05 Sep 9, 2016 $1.05
Sep 25, 2016 $1.05 Sep 9, 2016 $1.05
Oct 2, 2016 $1.05 Sep 9, 2016 $1.05
Oct 9, 2016 $1.05 Nov 5, 2016 $1.05
Oct 16, 2016 $1.05 Nov 5, 2016 $1.05
Oct 23, 2016 $1.05 Nov 5, 2016 $1.05
Oct 30, 2016 $1.05 Nov 5, 2016 $1.05
Nov 6, 2016 $1.05 Nov 5, 2016 $1.05
Nov 13, 2016 $1.05 Nov 5, 2016 $1.05
Nov 20, 2016 $1.05 Dec 21, 2016 $1.05
Nov 27, 2016 $1.05 Dec 21, 2016 $1.05
Dec 4, 2016 $1.05 Dec 21, 2016 $1.05
Dec 11, 2016 $0.00
Dec 18, 2016 $0.00
Dec 25, 2016 $0.00
Jan 1, 2017 $5.26
Jan 8, 2017 $5.26
Jan 15, 2017 $5.26
Jan 22, 2017 $5.26
Jan 29, 2017 $5.26
Feb 5, 2017 $5.26
Feb 12, 2017 $5.26
Feb 19, 2017 $5.26
Feb 26, 2017 $5.26
Mar 5, 2017 $5.26
Mar 12, 2017 $5.26
Mar 19, 2017 $5.26
Mar 26, 2017 $5.26
Apr 2, 2017 $5.26
Apr 9, 2017 $5.26
Apr 16, 2017 $5.26
Apr 23, 2017 $5.26
Apr 30, 2017 $5.26
May 7, 2017 $5.26
May 14, 2017 $5.26
May 21, 2017 $5.26
May 28, 2017 $5.26
Jun 4, 2017 $5.26
Jun 11, 2017 $5.26
Jun 18, 2017 $5.26
Jun 25, 2017 $5.26
Jul 2, 2017 $5.26
Jul 9, 2017 $5.26
Jul 16, 2017 $5.26
Jul 23, 2017 $5.26
Jul 30, 2017 $5.26
Aug 6, 2017 $5.26
Aug 13, 2017 $5.26
Aug 20, 2017 $80.88

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