Boost my business by adding clothing stock

Peter Ribiro

Naivasha, Kenya

100% repaid

Entrepreneur

Name

Peter Ribiro

Member since

September 2015

On-time repayments

176 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.

Loan Proposal

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.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$200.00

Date disbursed

Jun 28, 2019

Repayment status

Late

Projected term

6 months

Lenders

Q

Quomar

Żmigród, Poland

W

Witlof

Tsukuba, Japan

A

andyfletcher

I want my "My loans" page back, Qatar

LA

United States

T

Tallago3

Munich, Germany

B

Bobby39

Savannah, United States

C

cjmenchaca

Austin, United States

A

AlexCheng

Seattle, United States

Cloudways

Malta, Malta

M

markusfitza

College Station, United States

J

jdfoote

Evanston, United States

zphelj

Dallas, United States

ads68

Melbourne, Australia

B

boronat

Brussels, Belgium

larsandanika

Langen, Germany

C

ClaudiusM

Munich, Germany

T

thebonseung

Republic of Korea

R

roozbeh

United States

A

angelapeat01

United States

D

dscottprod

United States

B

bscent

Hong Kong

Grant Xavier Storer

Seattle, Wa, United States

Jamal Hamou

Cascadia, Canada

PolarBearCapital

United States

Mike and Jacqui

United Kingdom

Dave Bogard

New York, United States

MW

Matt Willis

United States

W

Wade

United States

Dayton

Vancouver, Canada

Carlo Cruz

Cincinnati, OH, United States

SA

Shar Alamdari

Los Angeles, United States

chessplayer

Berlin, Germany

Vratik Krocik

Prague, Czech Republic

AD

Amy Dinh

United States

Mike

Indianapolis, United States

S

S

Canberra, Australia

H

Hayley

Australia

RD

Roel De Meester

Antwerpen, Belgium

FP

Fred Pratt

United States

EA

Eric Ayers

Atlanta, United States

C

Camm

Australia

J

Jakub

United States

Kevin Kong

San Francisco, CA, United States

Sayuri

United Kingdom

E

Eduardo

Paraguay

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