Entrepreneur
Name
Esther
Member since
December 2016
On-time repayments
97 installments • 58%
About Me
My name is Esther, a young woman who is doing business of selling second hand clothes in Bamburi area in Kenya's coast. I was born in Mombasa and attended school up to secondary school. I do not have any professional training for now but I hope to join a management college to do a course in human resource management. I hope to continue doing business for now until I get enough money to fund my education.
I am single and living with my parents. My hobbies are reading and traveling and I always do these activities whenever time and resources allow.
My Business
I sell second hand clothes. I mostly sell ladies dresses and skirts. I buy my stock from people who import these clothes from Europe and North America. Many people prefer these imported second hand clothes because they say they are durable and cost less than new clothes.
I run the business on rented premises where I pay $20 as monthly rent. My business gives me around $120 but I am hoping to make it grow in the near future and generate more income. I use this money for my upkeep and to support my parents when they fall short of cash.
Loan Proposal
I will use this money to buy a dozen of second hand towels. My profit margin is usually 30% and they money will contribute to my business growth.
Thank you and kindly consider funding my loan.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Dec 18, 2016
Repayment status
On Time
Projected term
2 months
Other loans
Lenders
Austria
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