For my clothing shop ("Bikini City Fashions")

Peter Ribiro

Naivasha, Kenya

100% paid forward

Entrepreneur

Name

Peter Ribiro

Member since

September 2015

On-time repayments

166 installments  •  11%

About Me

I am aged 20 years and i finished my A levels last year.My quest for education has had a lot of hurdles since my parents could not be able to raise my school fees.I then came up with an idea of growing and selling kales which was profitable and i was able to pay my fees and have some left as pocket money.After clearing high school i continued growing kales.The money i got i was able to start my clothing business.My business is based in a community where they are friendly and hospitable.When i have my own family my quest is that my children will get the best education in life.My hobby that i love the most is hiking in our area there are mountains which i use as my pastime.

My Business

My services is selling clothes to my community.In my community selling of clothes is of high demand so i make sure i have the latest fashion and the most unique.I chose these business because i saw that i could relate well with my customers and the demand keeps growing each day.I buy my clothes in bale and it costs me around14500KES ,after selling i make around 8000 as profit and from that i deduct 1000 for licence,1000 for my basic needs and the rest i save.T he profit i make i use it in restocking and also i am saving since i want to go back to school for higher education but i will use distance study in order to make sure my business grows.I also plan some of my profit i will help and boost my kale business which i plan to grow again.

Project Proposal

Hi zidisha thank you once again for giving me a chance to work you again,one I receive the funds I will use them on one of my special customer who needs a set of vest, three pieces of boxers,by doing so I will make a profit of the same amount and clear the loan on time thank you.

Feedback

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Project Info

Project Type

Pay It Forward

Disbursed amount

$10.17

Date disbursed

May 24, 2022

Cost to entrepreneur

Service fee: $0.47

Backers

Yumbya Peter

Nairobi, Kenya

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