Buying and selling clothles

Rose

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Rose

Member since

November 2016

On-time repayments

11 installments  •  73%

About Me

I have grown up in a family that values education because of this I choose to pursue a course that will be relevant in the world as it leans towards a technological front. I joined Strathmore and began selling clothes through online marketing in groups and at times to friends. As I am in 4th year now, it has become a hustle between getting funds for the clothes and also balancing on projects.

Our land and culture especially in Kenya, emphases more on depending on your own skills and talent. Thus,many people have a side hustle even with their 8-5 Jobs. I also follow this path as it enables me to raise my fees.

My favourite past time hobby was art and crafts where I would design necklaces and bracelets out of thrown or spoilt items.

My Business

I deal with women's clothles mostly dresses and at times necklaces/bangles. These goods are in demand because they meet the current fashion trends and are also very affordable. Most of my dresses range from 500-800 at most, while necklace and braclets from 200 and 100 respectively.

I plan to use the profits to clear my last fourth year balance as I enter into the job market and also gain more free time to focus on selling of these items.

Loan Proposal

I am going to buy tops from gikomba and sell to campus students. They cost 20 shillings in gikomba and i sell them at 100 bob. It will give me profits to pay for my school fees and other utilities.
The main benefit is that make the profit of 80bob exclusive of transport. I sell the tops during class breaks and also advertise on the facebook local marketing pages and groups, e.g kilimani mums marketplace.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Mar 6, 2017

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

MarktheMormon

Sandy, Utah, United States

MG

Michael Guthrie

United Kingdom

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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  • Rose    May 11, 2017

    i bought clothles which i sold mostly chiffon shirts and skirts at 200 each.

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  • Rose    Mar 5, 2017

    I will go to gikomba (the whole salers of imported clothles) and buy tops chiffon and cotton at a cheaper price and sell them at 100 bob while I buy at 50 bob or less.

    I am very grateful for the loan that you have provided and I will ensure I pay it back in time. Thank you.

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  • Rose    Nov 19, 2016

    Hi Sir,

    I appreciate the time you have taken to view my loan offer and provide me with the ammount needed. I will surely pay it back in due time. I am planning on going to Gikomba to purchase clothing items at a cheap rate and thereafter sell them at profit of 50 kshs or more.

    Once again thank you.

    Kind regards,

    Rose Fina Barasa

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