Additional stock to my present stock

Erick

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Erick

Member since

April 2017

On-time repayments

12 installments  •  25%

About Me

I'm the person who works hard to ensure I achieve my life goals even if it means working extra time.after my work i have set my side hustles which i engage myself in freelance writing,online marketing which boost my daily income that helps me feed my family and pump the rest towards my business.given the rising economy and competition from various business one has to keep from different business failure to which chances of crumbling down are high,the only problem is the starting capital for shifting to different businesses

My Business

I get income from a small business I've set for selling clothes.I managed to set it up from the savings I had from a job I had secured on a contract basis but it ended.I've been in search of capital to expand the business to see if it can generate more income.i later started selling sofa set cushions after noticing the demand was high but i had the challenge of starting capital.sometimes approaching banks for loans is a bit tricky reason being chances of the business picking are unknown,.also their lending interests are high that may leave you with nothing after paying them.

Loan Proposal

I'll add 5 dresses at $10 each and sell at $15 each to achieve the profit.the attained profit will be used to add more stock to expand the business to another level.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Apr 4, 2017

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

PG

Paul Graham

United States

Ask Erick a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...