Coats for my secondhand clothing business

Margaret

Nakuru, Kenya, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Margaret

Member since

September 2016

On-time repayments

207 installments • 72%

About Me

I am a married woman and a mother to a baby girl . I was born in a family of three and being the firstborn, life wasn’t easy for us. I schooled in Gicobo primary and later joined Othaya girls high school. I later joined college and my parents did their best and saw me through my diploma course in business administration. Being business minded while in college, I would put aside apart of my pocket money as saving to start secondhand cloths business after college to help in improving financial standard of my family. I was finally able to startup a small business of selling second hand clothes which has been growing quite well with time. Since the time I joined Zidisha my life has changed in many aspects because I have been able to stabilize my business as well as live a much better life than I used to.

My Business

Being business minded while in college, I would put aside apart of my pocket money as saving to start secondhand cloths business after college. I was finally able to startup a small business of selling second hand clothes which has been growing quite well with time. Zidisha has been my source odf support in making my business what it is today. For my first and second loans I used the fund to add more stock and reinvested the profit I got back into the business. This has helped in growing my clientele thus making my clothes business reliable.for my just completed loan, I used the profit together some savings to venture into typing and printing business which I can say is pick up well. I thank the Zidisha team for entrusting their funds to me and uplifting my living standard and that of my family.

Loan Proposal

With this loan I plan to add more stock into my business so as to grow my clientele as well as the profit margin which I hope to grow by 50% and above.
My plan is to buy 10 Reams of printing papers @ $40
and 2 Bales of kids trench coats @ $40
and 1 Bale of adults trench coats @ @30