Buy t-shirts for my new selling point

Patrick

Nakuru, Kenya

8% repaid

Entrepreneur

Name

Patrick

Member since

December 2013

On-time repayments

114 installments  •  23%

About Me

am patrick ikua, i am resident of nakuru county, nakuru town,kalewa road,upendo estate opposite paul machanga estate near nakuru primary school,am happily married with no kid but planning next year, i cleared form four in flamingo sec school and did diploma in business management due to lack of job here in nakuru county i decided to start a business of second hands clothes sell which are fast moving and affordable to most of resident in nakuru, my business is behind stagematt supermarket and opposite unaitus bank here in nakuru town, i sell first hand t shirt from mitumba which i normally get them from Nairobi gikomba market, i make 15000sh to 25000sh every months from my monthly sale,

My Business

My business of second hands clothes sell which are fast moving and affordable to most of resident in nakuru, my business is behind stagematt supermarket and opposite unitus bank here in nakuru town, i sell first hand t shirt from mitumba which i normally get them from Nairobi gikomba market, i make $175 to $292 every months from my monthly sale,reason why i choose to sale secondhand clothes is that their affordable,last long and withstand the harsh sun of nakuru region.people in nakuru prefer secondhand clothes because they are cheaper compared to buying new ones, it is what they can afford. the business has good returns even compared to selling new clothes because there are more sales. among the costs i incur to run the business are rent for my premise and the monthly lincense from the local authority. i will use the loan to introduce men jeans and shirts.am a honest, trustworthy and hardworking married man, if zidisha offer me the chance and give me zidisha loan i will be very grateful and i promise to be loyal and we walk together in helping me be successful in my business

Loan Proposal

i wish to return a vote of thanks to zidisha for the first and second loan you offered me it has played a big role in my business. i have seen a complete change and growth in my business. recently i have a second place that i started to sell t-shirts and have employed someone to work there on a commission basis. i would like to add more stock to that premise.this time i wish a loan of $150. this will enable me in my business expansion through purchasing more stock for sale. the amount will increase my capital by at least 15%. this expansion will help me grow further because i have an ambition of becoming a wholesaler in this business.its a long journey but i know i will push through. thank you guys and may you be blessed.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$149.00

Date disbursed

Sep 2, 2014

Repayment status

Late

Projected term

19 months

Lenders

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

M

mguenter

Switzerland

S

stryker75

United States

M

MigwiK

Brecht, Belgium

LouisB

ZIDISHA, Mozambique

J

JessicaAna

Maputo, United States

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  • Patrick    Dec 1, 2014

    hi zidisha, please allow me to reduce the weekly installment to 200. this has been due to enough supply of t-shirts of late. i have been unable to get t-shirt to sell though the demand is now getting high. i have been getting a smalll amount of t-shirts which i have been selling to my existing customers. right now the t-shirts are moving so quickly. therefore i need some time to ensure i get plenty of supply before the if demand goes down. i will highly appreciate your understanding. may God bless you abundantly

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  • Patrick    Jun 8, 2014

    ... hi zidisha I would like to reschedule my loan, I would like to be paying shs. 200 a week please. my reason to do this is because of reduced customers. right now the season for people buying tshirts is low because the weather is rainy.. so most clients are preferring to buy sweate people rs as opposed to t-shirts. but I will pay even before time. please bear with me. thanks in advance. ... hi zidisha I would like to reschedule my loan, I would like to be paying shs. 200 a week please. my reason to do this is because of reduced customers. right now the season for people buying tshirts is low because the weather is rainy.. so most clients are preferring to buy sweate people rs as opposed to t-shirts. but I will pay even before time. please bear with me. thanks in advance. ... hi zidisha I would like to reschedule my loan, I would like to be paying shs. 200 a week please. my reason to do this is because of reduced customers. right now the season for people buying tshirts is low because the weather is rainy.. so most clients are preferring to buy sweate people rs as opposed to t-shirts. but I will pay even before time. please bear with me. thanks in advance. ... hi zidisha I would like to reschedule my loan, I would like to be paying shs. 200 a week please. my reason to do this is because of reduced customers. right now the season for people buying tshirts is low because the weather is rainy.. so most clients are preferring to buy sweate people rs as opposed to t-shirts. but I will pay even before time. please bear with me. thanks in advance

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  • Boaz    May 20, 2014

    patrick is well and the remaining amount he has said that he is going to send anytime.and he thanks zidisha fraternity for supporting his business.THANK YOU

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  • Patrick    Mar 14, 2014

    I wish to be paying ksh.300 on a weekly basis. this is due to the rent of my business premise been hiked. it has made my operating cost so high especially when getting to the end of the month and after. it has also reduced my profits. please bear with me. am sure i will clear the loan even before time.thanks in advance.

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  • Patrick    Feb 18, 2014

    thanks to zidisha for helping me improve my business. i increased my stock of tshirts and atleast my customers are not lacking so much.

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