Buy more clothes to sell

Dorothy

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Dorothy

Member since

February 2016

On-time repayments

114 installments  •  95%

About Me

Im Dorothy Akinyi Oluoch, Kenyan citizen , who grew up in a remote area in Mbita. I did my primary school in Kadika Primary, went to Dede girls high school in Migori county.

The most hardship i ever encountered was when my Dad passed on, and he was our soul breadwinner, life was not so easy afterwards, my mum started a small scale business such that she could raise food for the family and God saw us through. This motivated me so much such that immediately after school, through my brothers support i managed to purchase goods, came and sold them and got my interest continued with the business. My husband was very motivated, and he has been very positive and surportive, through my hard work he even started his own business which is doing very well. I like socialising, weaving, singing and making new friends.

What I like so much is helping needy people around me more so the old and the young, I don't like seeing people going without food and clothes to put on, so what I do is to provide some food for them, clothes and shoes. They are not in an orphanage but I just reach them at their homesteads. I have around three older women and two families who are very poor that I take care of.
This makes me work extra hard, and I even learned to share the little I have with them. Since my childhood i liked being near these people who cannot help themselves helping them with what I have.

I am a christian and like singing that's gospel music since I was younger.

My Business

I do sell second hand clothes where i buy in bales, i normally sell bedsheets, duvets, jumpers, jackets, T-shirts, shirts, baby blankets, ladies tops and skirts and sell to retailers, these clothes are in demand since in Daraja Mbili where i stay its too cold most of the times and few people bring these commodities to the market. I like this business because in Daraja Mbili these goods are in demand due to its climate, which is very cold, and to add on that due to high demand, these clothes are easy to sell hence i get good profit and that is why am still moving on.

Since I joined this zidisha family, I am capable of buying these bales without straining. And am fairing on well because with the first loan I managed to expand my business and introduced new stock in, I decided to buy new shoes and ladies handbags because customers were asking for them.

I buy stock every week a bale of Bedsheet costs $190, a bale of duvets costs $170 and abale of jacket I buy at $90. In total I make a profit a bout 50%.


The profit I get from second hand clothes I use part of it to take care of my family, pay school fee for my daughter who have joined kindergarten, buying food, clothes and also taking care of my needy people and the rest I use to add stock on a weekly basis.

Loan Proposal

The money I will use to buy abale of baby blanket at $ 130, bedsheets at $140, duvets at $180.

This will help me by enabling me meet market demand hence make my work easier, I will be able have enough work for the people who are helping me in sales.

The profit margin will have to increase from 50% to 65%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$444.00

Date disbursed

Oct 2, 2016

Repayment status

On Time

Projected term

17 months

Lenders

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

D

DandS

United States

Jan

Netherlands

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$443.66

Amount remaining

$0.00

Date repaid

Mar 7, 2018

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 12, 2016 $15.12 Oct 12, 2016 $15.12
Oct 19, 2016 $15.12 Oct 19, 2016 $15.12
Oct 26, 2016 $15.12 Oct 26, 2016 $15.12
Nov 2, 2016 $15.12 Nov 3, 2016 $15.12
Nov 9, 2016 $15.12 Nov 9, 2016 $15.12
Nov 16, 2016 $15.12 Nov 16, 2016 $15.12
Nov 23, 2016 $15.12 Nov 24, 2016 $15.12
Nov 30, 2016 $5.04 Dec 1, 2016 $5.04
Dec 7, 2016 $5.04 Dec 7, 2016 $5.04
Dec 14, 2016 $5.04 Dec 15, 2016 $5.04
Dec 21, 2016 $5.04 Dec 21, 2016 $5.04
Dec 28, 2016 $5.04 Dec 28, 2016 $5.04
Jan 4, 2017 $5.04 Jan 4, 2017 $5.04
Jan 11, 2017 $5.04 Jan 12, 2017 $5.04
Jan 18, 2017 $5.04 Jan 18, 2017 $5.04
Jan 25, 2017 $5.04 Jan 25, 2017 $5.04
Feb 1, 2017 $5.04 Feb 2, 2017 $5.04
Feb 8, 2017 $5.04 Feb 9, 2017 $5.04
Feb 15, 2017 $5.04 Feb 15, 2017 $5.04
Feb 22, 2017 $5.04 Feb 23, 2017 $5.04
Mar 1, 2017 $5.04 Mar 4, 2017 $5.04
Mar 8, 2017 $5.04 Mar 8, 2017 $5.04
Mar 15, 2017 $5.04 Mar 16, 2017 $5.04
Mar 22, 2017 $5.04 Mar 23, 2017 $5.04
Mar 29, 2017 $5.04 Mar 30, 2017 $5.04
Apr 5, 2017 $5.04 Apr 5, 2017 $5.04
Apr 12, 2017 $5.04 Apr 13, 2017 $5.04
Apr 19, 2017 $5.04 Apr 22, 2017 $5.04
Apr 26, 2017 $5.04 Apr 26, 2017 $5.04
May 3, 2017 $5.04 May 7, 2017 $5.04
May 10, 2017 $5.04 May 10, 2017 $5.04
May 17, 2017 $5.04 May 19, 2017 $5.04
May 24, 2017 $5.04 May 26, 2017 $5.04
May 31, 2017 $5.04 Jun 1, 2017 $5.04
Jun 7, 2017 $5.04 Jun 8, 2017 $5.04
Jun 14, 2017 $5.04 Jun 19, 2017 $5.04
Jun 21, 2017 $5.04 Jun 26, 2017 $5.04
Jun 28, 2017 $5.04 Jul 5, 2017 $5.04
Jul 5, 2017 $5.04 Jul 6, 2017 $5.04
Jul 12, 2017 $5.04 Jul 16, 2017 $5.04
Jul 19, 2017 $5.04 Jul 24, 2017 $5.04
Jul 26, 2017 $5.04 Aug 2, 2017 $5.04
Aug 2, 2017 $5.04 Aug 2, 2017 $5.04
Aug 9, 2017 $5.04 Aug 9, 2017 $5.04
Aug 16, 2017 $5.04 Aug 20, 2017 $5.04
Aug 23, 2017 $5.04 Aug 23, 2017 $5.04
Aug 30, 2017 $5.04 Sep 5, 2017 $5.04
Sep 6, 2017 $5.04 Sep 10, 2017 $5.04
Sep 13, 2017 $5.04 Sep 15, 2017 $5.04
Sep 20, 2017 $5.04 Sep 26, 2017 $5.04
Sep 27, 2017 $5.04 Oct 4, 2017 $5.04
Oct 4, 2017 $5.04 Oct 8, 2017 $5.04
Oct 11, 2017 $5.04 Oct 13, 2017 $5.04
Oct 18, 2017 $5.04 Oct 23, 2017 $5.04
Oct 25, 2017 $5.04 Oct 30, 2017 $5.04
Nov 1, 2017 $5.04 Nov 8, 2017 $5.04
Nov 8, 2017 $5.04 Nov 11, 2017 $5.04
Nov 15, 2017 $5.04 Nov 17, 2017 $5.04
Nov 22, 2017 $5.04 Nov 17, 2017 $5.04
Nov 29, 2017 $5.04 Nov 23, 2017 $5.04
Dec 6, 2017 $5.04 Dec 8, 2017 $5.04
Dec 13, 2017 $5.04 Dec 8, 2017 $5.04
Dec 20, 2017 $5.04 Dec 19, 2017 $5.04
Dec 27, 2017 $5.04 Dec 27, 2017 $5.04
Jan 3, 2018 $5.04 Jan 1, 2018 $5.04
Jan 10, 2018 $5.04 Jan 4, 2018 $5.04
Jan 17, 2018 $5.04 Jan 17, 2018 $5.04
Jan 24, 2018 $5.04 Jan 24, 2018 $5.04
Jan 31, 2018 $5.04 Jan 29, 2018 $5.04
Feb 7, 2018 $5.04 Feb 7, 2018 $5.04
Feb 14, 2018 $5.04 Feb 19, 2018 $5.04
Feb 21, 2018 $5.04 Feb 22, 2018 $5.04
Feb 28, 2018 $5.04 Feb 24, 2018 $5.04
Mar 7, 2018 $5.04 Mar 4, 2018 $5.04

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