Businees structure for clothing retail

Adamson

Kakamega, Kenya

100% repaid

Entrepreneur

Name

Adamson

Member since

December 2017

On-time repayments

26 installments  •  85%

About Me

I was born in a humble background in and studied in a public primary school at Nakuru Kenya I grew up with a single parent mother and now am in masinde muliro university fourth year of study.Its through my hard wor
k and perseverance in lower set education untill now that I am a success.
Similarly I decided to venture in business to earn revenue to reduce pressure to my guardian.By grandmother offered me a capital and now my business is growing abit,am buy and selling clothes bedsheets,duve and other clothing.The people here in campus like door to door delivery of resources so I'Il hawk around their hostels.Its my pleasure to avail the products to them I like it.

My Business

My business is buying of clothing at wholesale price and selling them at retail price I also deal with mutumba clothing and beddings.This goods are on high demand on youth around.I raise capital of Kes 30,000 and get profit of kes.15000 upon completion my challenges is daily expenditure in daily upkeep as a student too.I use the profits in paying part of school fees and improving my business.

Loan Proposal

I would use the loan to buy equipments for expansion and buiding of my business premise.I will buy 15 iron sheets@ 6$,then other assets will following one by one.This will provide an enabling enviroment for the business.This relieves me from that movement of door to door delivery and in the end am expecting 60% drastic profit increase from my ssles

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.00

Date disbursed

Jul 3, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

Paul Buchheit

Mountain View, United States

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