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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Summary

Amount repaid

$113.95

Amount remaining

$46.60

Expected completion

Apr 11, 2015

Status

Repaying late

Installment amount

$4.07

Repayment History

Expected Payments Actual Payments
Jul 12, 2014 $4.07 Jul 12, 2014 $4.07
Jul 19, 2014 $4.07 Jul 19, 2014 $4.07
Jul 26, 2014 $4.07 Jul 26, 2014 $4.07
Aug 2, 2014 $4.07 Aug 2, 2014 $4.07
Aug 9, 2014 $4.07 Aug 9, 2014 $4.07
Aug 16, 2014 $4.07 Aug 16, 2014 $4.07
Aug 23, 2014 $4.07 Aug 23, 2014 $4.07
Aug 30, 2014 $4.07 Aug 30, 2014 $4.07
Sep 6, 2014 $4.07 Sep 6, 2014 $4.07
Sep 13, 2014 $4.07 Sep 13, 2014 $4.07
Sep 20, 2014 $4.07 Sep 20, 2014 $4.07
Sep 27, 2014 $4.07 Sep 28, 2014 $4.07
Oct 4, 2014 $4.07 Oct 4, 2014 $4.07
Oct 11, 2014 $4.07 Oct 13, 2014 $4.07
Oct 18, 2014 $4.07 Oct 18, 2014 $4.07
Oct 25, 2014 $4.07 Oct 27, 2014 $4.07
Nov 1, 2014 $4.07 Nov 5, 2014 $4.07
Nov 8, 2014 $4.07 Nov 9, 2014 $4.07
Nov 15, 2014 $4.07 Nov 15, 2014 $4.07
Nov 22, 2014 $4.07 Nov 24, 2014 $4.07
Nov 29, 2014 $4.07 Nov 30, 2014 $4.07
Dec 6, 2014 $4.07 Dec 8, 2014 $4.07
Dec 13, 2014 $4.07 Dec 13, 2014 $4.07
Dec 20, 2014 $4.07 Dec 24, 2014 $4.07
Dec 27, 2014 $4.07 Jan 7, 2015 $4.07
Jan 3, 2015 $4.07 Jan 12, 2015 $4.07
Jan 10, 2015 $4.07 Jan 17, 2015 $4.07
Jan 17, 2015 $4.07 Jan 28, 2015 $4.07
Jan 24, 2015 $4.07
Jan 31, 2015 $4.07
Feb 7, 2015 $4.07
Feb 14, 2015 $4.07
Feb 21, 2015 $4.07
Feb 28, 2015 $4.07
Mar 7, 2015 $4.07
Mar 14, 2015 $4.07
Mar 21, 2015 $4.07
Mar 28, 2015 $4.07
Apr 4, 2015 $4.07
Apr 11, 2015 $1.84

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