Peter
Naivasha, Kenya
100% repaid
Name
Peter
Member since
September 2015
On-time repayments
176 installments • 11%
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 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.
am planning to add up on my stock of different variety from my usual goods.
which include: full dozen of male and female inner wears ,each costing 15dollars.
duvets per bale costing : 130 dollars.
transport of the goods from the town center costing :2 dollars.
hence a total of 147 dollars.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$200.00
Date disbursed
Jun 28, 2019
Repayment status
Late
Projected term
6 months
Other loans
I want my "My loans" page back, Qatar
Austin, United States
College Station, United States
Germany
Republic of Korea
United States
United States
United States
Sweden
Los Angeles, United States
Ask Peter a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.