Buy second hand clothes in wholesale and retail

Irene

Arambe Village, Kenya

71% repaid

Entrepreneur

Name

Irene

Member since

May 2014

On-time repayments

40 installments  •  70%

About Me

I am the third born in our family of six. Two are currently in secondary school while i attend a polytechnic college. My mother sells grocery at a small scale that i help her with. I am also a devout christian and participates in church charity works like visiting children home, cleaning the village etc.

My Business

I would like to start selling second hand clothes to help raise my school fee and personal needs. This is because with the kind of business my mother does we barely survive and sometimes i cannot report to school on time. She gives me a little allowance when i help her sometimes upto ksh 300 a week. I also have chicken that i sell to make some money and i can use it to repay the loan, i make like ksh 500 from the sale of one chicken and i usually sell like ten monthly.

Loan Proposal

I would like to buy second hand clothes known as mtumba in wholesale and sell them in retail. U will especially deal with ladies clothes as they are high in demand among college students. I believe that my business will flourish here since i have done my research thoroughly and gotten a strategic point. My prices will also favour the students too. I will pay back the loan from the profits i will make and from my weekly allowance. Thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jul 3, 2014

Repayment status

Late

Projected term

9 months

Lenders

E

Errol

Bradenton, FL, United States

KYLE LARSON

Little Falls, United States

SeeMeeFi

Ontario, Canada

Bhayl

Stavanger, Norway

mikeoberhaus

San Francisco, United States

N

Navigator

Alavus, Finland

Stefano Bertolo

Luxembourg, Luxembourg

N

naranburgos

Madrid, Spain

Sarasota

Sarasota, Fl, United States

A

Arkad

United States

Bjorn

Heggedal, Norway

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