Buy more stock of shoes and also include tshirts and trouser
Peter
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Peter
Member since
August 2020
On-time repayments
23 installments • 22%
About Me
My name is Peter Mutinda and I'm a Kenyan born citizen aged 40 years. I'm married with two sons and I'm a Christian. I lost both my parents back in the year 2000 and being the first born in our family had to drop out of college to take care of my younger siblings. I have done manual jobs for the best part of my life but in the recent years joined the business community hence looking for funds to boost my business
My Business
I'm in the second hand items industry(locally known as mitumba) dealing in shoes and other casual wear items. I also do screen printing and general branding
Loan Proposal
I would like to increase my stock so as to be able to increase sales because currently i'm not able to meet demands due to limited stock and finances.
With more capital i will be able to increase my weekly sales from ksh.25000 to ksh.35000 or more hence more profits of more than ksh.10000 weekly
Income Source
The demand for my goods is high more so now that we are towards festive seasons and schools are reopening hence a high demand for back to school products
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$5.00
Date disbursed
Nov 24, 2020
Repayment status
On Time
Projected term
1 week
Other loans
Lenders
United States
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