Additional clothes for my boutique

Evans Mogire

Kapsabet, Kenya

100% repaid

Entrepreneur

Name

Evans Mogire

Member since

May 2016

On-time repayments

83 installments  •  66%

About Me

I was brought up in a below average family. My parents struggled to get me through high school. With earnings from the small family farm that is mainly used for subsistence farming. I managed to secure a small job of which the income is below KES 10,000.00. With my 4 siblings that am supporting financially. With some little savings I managed to get some stock that am currently selling in Kapsabet town. And also create employment for others as I keep on supporting my family.
Thank you

My Business

This is a retail clothes business that I sell from my small corridor/kiosk. I also do hawk in the markets around kapsabet in Nandi county.
I did some research and discovered that the clothes business is common but very lucrative everywhere including Nandi county, where especially during the cold season jackets and sweaters are really needed and you can make good sales.
Averagely I get a profit of between KES. 5000-KES. 15000 per month depending on how good the business was in that month.
My expenses are mainly rent and market fees,
The earnings I get I use them to support my siblings who are in school and my household expenses.
With funds I can expand this business more by adding more variety of needed clothes that I don't have, create employment for others in need and at least have some savings to support other need people in society.
Thank you

Loan Proposal

I intend to purchase extra new clothes for my boutque worth around 100 USD
This will help improve my sales during this month of December which is a very good month for clothing sales.
I expect to make profits of around 40USD from this purchases.

Feedback

1

None

None

  • Margaret    Mar 17, 2017

    Evans paid his loan off perfectly. I would not hesitate to lend to him again and encourage others to do the same. Thank you Evans for a positive experience!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$82.16

Date disbursed

Jan 2, 2017

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $3.39

Lenders

A

Anonymous

United States

paulclinton

malaga, Spain

Lisbeth

Perth, Australia

JS

Jon Scherer

United States

Christopher Hey

Sudbury, Canada

A

Anonymous

United States

M

Margaret

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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