Entrepreneur
Name
Claire
Member since
July 2014
On-time repayments
55 installments • 60%
About Me
Greetings, my name is Claire Batsinduka aged 22years. I am a loving wife and proud new mum to a beautiful 4 Month baby girl. I was born in Rwanda but relocated to Kenya with my family and here in Kenya is where I was schooled and eventually started my own family.
My educational background is in Sales and Marketing where I attained a Diploma in the year 2012. After that I joined a modelling school and I have done various modelling jobs. My hobby is fasion related and I am passionate about fashion, makeup and other accessories.
Since I was blessed with a child I opted to be a stay at home mum and take time to raise my baby and takecare of my family. But I still needed to earn some money to help my family.
So I decided to combine my educational background in sales with my passion in fashion and opted to start a clothing store. I was lucky to get a shop that is near my neighbourhood and also in a very strategic position next to the road where many commuters board and alight buses.
I set up shop and started in January this year and so far I must say I am happy with the progress. Using the experience gained from working with various designers I am able to advise my clients on what outfits to combine to compliment their body. I also import my clother from Uganda and Dubai so this helps me offer unique and affordable designs to my clients. My location, unique outfits, good price and personalized service has made my business successful so far but I believe if I add more products like handbags,shoes and other accessories then I will increase my profits.
My Business
My store currently offers ladies clothing both official and casual. I tend to source from a wide supply of importers thus offering unique and better priced outfits than what my competitors offer.
I also buy second hand clothing imported from U.S.A and U.K which I take to the laundry and package thus offering almost new outfits that are not common.
Apart from the large number of walkin clients, I have a client database that I use to deliver new arrivals to them in their homes or offices. I am currently working on a facebook page that will help me make more sales online.
I started off with a stock of about USD500 but currently my stock is valued at around USD1800. Every month I ensure I add about USD100 worth of clothes to the current stock. My expenses at the shop monthly in terms of rent, salaries and utilities are USD300. My Gross Sales on average per month total about USD800-1000 so after expenses and buying new stock I can save about USD300 per month.
Loan Proposal
Following the positive response from my customers I would like to add additional handbags to meet the customer demand. I would also like to introduce ladies shoes and accessories to complete the outfit chosen by the customer.
I would like to introduce heels,boots and flat sandals for the footwear and accessories like necklaces, hats, headbands and earrings.
I have been receiving a lot of requests for the above items thus i believe that they will sell well once i introduce them at my store. It is also the holiday season so most customers are looking to buy new outfits for the holiday season so I would like to have enough stock to satisfy my customers.
I therefore appeal to the generosity of lenders out there to help me achieve this goal. Thank you all and may you be blessed for your kindness.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$293.00
Date disbursed
Dec 8, 2014
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
Republic of Korea
Chicago, United States
Netherlands
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