Business funding

Gabriel

Kiganjo, Kenya

100% repaid

Entrepreneur

Name

Gabriel

Member since

July 2014

On-time repayments

30 installments  •  73%

About Me

i am a male businessman dealing in clothing and textile. my business is located in thika town, kiganjo. i deal with new cloths which i get on whole sale prices from Nairobi down town area mainly Kamukunji. in these line of business i have gained experience and i am able to market my business to all. having taken a course in hospitality i am able to interract with all kinds of clients. my business is carried out in a stall near kiganjo main stage.

My Business

in these business i trade in mainly female new tops which i get on a whole sale price of 150 shillings each and in these market it is able to fetch me 300 shillings each there by making 100% profit. i also deal in kids clothing which are also a major source of profit because i have no competitors in the area. male shirts are also profitable but they are seasonal reason being male are not soo much impulsive on buying as women are.

Loan Proposal

with these amount i will use 30% to buy female tops, 30% to buy kids clothing, 20% to buy men clothing and the remaining amount will use it to run the business. the reason for these is because the female and kids clothing are more profitable compared to men clothing.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Apr 21, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

Scotts5320

New York, United States

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