Additional stock to boost my business

Daphine

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Daphine

Member since

July 2014

On-time repayments

55 installments  •  33%

About Me

I am a third born in a family of seven ,am married to a professional teacher .we have two kids professionally i did secretarial course at Tracom College Nakuru,Due an employment in kenya i decided to venture into business ,currently am dealing with second hand clothes.During my free time i enjoy having fun with my family,reading novels,watching movies and hiking. I love attending church functions since am a strong believer of the bible,a part from that i help in community work ,where by i also help guide and counsel young girls especially the teenagers so as to help them understand themselves.Despite my overprotective parents i learned to pave way for myself which has helped me survive in the business world

My Business

I normally get my clothes from dubai and bangok,I make 600 dollars per month from my sales inclusive of the rent and other expenses.i pay a rent of 50 dollars per month amounting to 600 dollars per annum and occasionally i usually employ two boys to assist me in carrying the luggage to whom i usually pay 30 dollars whenever they assist me.my customers prefer my business since i bring quality clothes which are on fashion and they since they prefer fashion i always satisfy all of them despite the social classes,my business face a lot of risks since clothes are not perishable commodities.apart from rent and manpower i usually p lough back the profit that i get and that is why my business is doing well.

Loan Proposal

Thank you lenders for giving me the credit limit above,i will use my first loan to buy additional clothes , where by i will use 80 dollars to buy ladies ware that is tights,tops and pencils which are on fashion right now.I will also buy ladies panties and bras which goes for 50 dollars and add vest tops which will cost me 10 dollars.thanks in advance.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Aug 4, 2014

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

Brian

Midhurst, Canada

D

Davieboy

Melbourne, Australia

L

LindsayB

Sydney, Australia

Bobrm2k3

Charleston, United States

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

trincowski

Vilar, Vila do Conde, Portugal

H

Heath

United States

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