Buy a bale of clothes for retail business

Jane Wangui

Bamburi, Kenya

100% repaid

Entrepreneur

Name

Jane Wangui

Member since

February 2015

On-time repayments

280 installments  •  84%

About Me

My name is Jane Wangui, born and raised in Nakuru town in the Rift Valley region of Kenya. I was born in a family of 5 and I am the third born. My parents are farmers who practised food farming. The food was mainly for feeding the family and they would sell the surplus to meet other family needs.

I went to school up to secondary school level and then joined a college where I took a course in beauty and hair care. I later relocated to Mombasa to live with my sister. This is where I started a business dealing with sale of second hand clothes. This is what I am still doing and this business supports my 2 children.

My Business

I deal with retailing second hand clothes in an open air market. I normally get the clothes from importers and then retail. I am surrounded by working people and these are my main clients. I make between $120 and $200 per month which I use to support my family.

I intend to open a stall in near future so that I can direct my clients to a permanent place as opposed to what I am doing right now. It is my hope that by benefitting from Zidisha loans, I will be able to achieve my dream soon.

Loan Proposal

If given this money, I will use it to buy a bale of second hand clothes so as to boost my inventory. This business demands that I keep replenishing my stock so as to keep up with clients’ demand. One needs to have a wide variety of clothes so as to satisfy different tastes of the clients.

A bale of clothes costs about $150 and I will top up this money with my own savings that I have made over time. This will make my work more exciting and attract more customers to my business and definitely increase my income.

Show original English  

About Me

My name is Jane Wangui, born and raised in Nakuru town in the Rift Valley region of Kenya. I was born in a family of 5 and I am the third born. My parents are farmers who practised food farming. The food was mainly for feeding the family and they would sell the surplus to meet other family needs.

I went to school up to secondary school level and then joined a college where I did a course in beauty and hair care. I later relocated to Mombasa to live with my sister and this is where I started a business dealing with sale of second hand clothes. This is what I am still doing and this business supports my 2 children.

My Business

I deal with retailing second hand clothes in an open air market. I normally get the clothes from importers and then retail. I am surrounded by working people and these are my main clients. I make between $120 and $200 per month which I use to support my family.

I intend to open a stall in near future so that I can direct my clients to a permanent place as opposed to what I am doing right now. It is my hope that by benefitting from Zidisha loans, I will be able to achieve my dream soon.

Loan Proposal

If given this money, I will use it to buy a bale of second hand clothes so as to boost my inventory. This business demands that I keep replenishing my stock so as to keep up with clients’ demand. One needs to have a wide variety of clothes so as to satisfy different tastes of the clients.

A bale of clothes costs about $150 and I will top up this money with my own savings that I have made over time. This will make my work more exciting and attract more customers to my business and definitely increase my income.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.38

Date disbursed

Feb 9, 2015

Repayment status

On Time

Projected term

8 months

Cost to entrepreneur

Lender interest: $100.38 at 7.43% annual rate over 8 months = $5.14

Service fee: $2.59

Lenders

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BJ

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Jeff and Marcie

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beverly

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A

Andy

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A

akshu71

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WiscoHorndog

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MW

Matt Willis

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GN

Gabriel N

Switzerland

Humble Bundle Community

San Francisco, United States

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