Buying bales of second-hand clothes

Martha Namachanja Wafula

Eldoret ,kamukunji, Kenya

100% repaid

Entrepreneur

Name

Martha Namachanja Wafula

Member since

February 2015

On-time repayments

220 installments  •  90%

About Me

My names are Martha Namchanja Wafula. I am 44 years old and was born in the western region of Kenya and went to primary school at Miendo Primary School in Bungoma from 1979-1986. I went to secondary school at the Cheboi SA Secondary School from 1987-1990. I am married and my husband's name is called Michael Baraza. God has blessed us with 4 children, two girls and boys. The first two are a girl and a boy, aged 20 years and 17 years, respectively, and both finished high school, while the last two are also a girl and a boy but twins. They are 11 years old.

My Business

My business is called Faith Mitumba. This is dealing with the selling of secondhand clothes. This business I started two years ago with a capital of 20,000 KSH.

I am mobile: I move from one market to another, every market days of different markets. This kind of business is in great demand because this region is very cold; therefore, people like to have many clothes as possible and change them quite often.

I chose this business because it is easy to sell in an open market, and almost everywhere there are people who want to buy and have the warmth from them. My typical revenue is 12,000 KSH and the cost is only 3,000 KSH per month.

My profit I use in school fees as follows:
1. my girl, 3,000 KSH per month
2. my boy, 4,000 KSH per month
3. re-investment, 2,000 KSH per month
4. home improvement, 3,000 KSH per month

Loan Proposal

When am given this loan amount then I will be able to buy 2 bales of second hand clothes for sales at 190 US Dollars each which will bring it to a total of 380 US Dollars.
This will make me sale to my customers all verities of clothes they want and I will be able to employ more two workers to help in sales and this also will give more income in my Business which will help me and my family upkeep.

When this plan is implemented then I expect this Business to increase or grow by 40% this year and the more next year.

Thank you for considering funding me again for the third time and I promise to be faithful as I have been in the last two lending .

Show original English  

About Me

My names are Martha Namchanja Wafula .Iam 44 years old and was born in Western region of Kenya and went to primary school -Miendo primary school in Bungoma 1979-1986 the Cheboi SA Secondary school in 1987-1990.Am married and my husbands name is called Michael Baraza.God has blessed us with 4 children two girls and boys.The first two are a girl and a boy aged 20years and 17 years respectively both finished high school while the last two also a girl and a boy but twins. They are 11 years old.

My Business

My business is called Faith Mitumba this is dealing with the selling of second clothes..This Business I started two years a go with a capital of 20,000.
I am mobile I move from one market to another .Every market days of different markets. This kind of Business is in great demand because this region is very cold therefore people like to have many clothes as possible and change the quite often.

....I chose this Business because it is easy to sell in an open market and almost everywhere there are people who wan to buy and have the warmth from them.
........My typical cost is 12,000 and the revenue is only 3000 per month.
My profit I use in school fees as follows
1.my Girl 3000 per month
2.my Boy 4000 per month
3.2000 for re investment
4..3000 for home improvement ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Loan Proposal

When am given this loan amount then I will be able to buy 2 bales of second hand clothes for sales at 190 US Dollars each which will bring it to a total of 380 US Dollars.
This will make me sale to my customers all verities of clothes they want and I will be able to employ more two workers to help in sales and this also will give more income in my Business which will help me and my family upkeep.

When this plan is implemented then I expect this Business to increase or grow by 40% this year and the more next year.

Thank you for considering funding me again for the third time and I promise to be faithful as I have been in the last two lending .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$383.00

Date disbursed

Aug 12, 2016

Repayment status

On Time

Projected term

6 months

Lenders

Dunmail

United Kingdom

Brian

Midhurst, Canada

C

Christian

Saarbruecken, Germany

Elinor

Maple Lake, MN, United States

BrassHat

Boston, United States

COOPITALIST

Toronto, Canada

ErikN

Stockholm, Sweden

K

k9rich

Bay Shore, United States

johnandmoliehi

Canton, New York, United States

Zidisha

Sterling, United States

A

AlexCheng

Seattle, United States

A

anonymous123

United States

H

hanh352

Homosassa, United States

SeeMeeFi

Ontario, Canada

Landei

Sandersdorf-Brehna, Germany

chrsve46

Stockholm, Sweden

B

Butters

San Jose, United States

mauroandmichelle

Montreal, Canada

M

Mark

Melbourne, Australia

E

erogers

Vancouver, Canada

mrgonzalo

San Francisco, CA, United States

MichaelOsburg

Hochheim, Germany

C

cardiff

Falls Church, United States

A

Andrii

Kiev, Ukraine

Hedwich

Gorssel, Netherlands

K

kingcamo1095

Mountain Home, United States

H

HobbyCollector

Beach City, United States

D

DavidJSmu

North Attleboro, MA, United States

mojobob

Hayward, United States

L

Lolababalola

Ames, United States

Richard Griebe

La Jolla, United States

B

BMcDermott

Washington, DC, United States

P

pvranas

Boulder, United States

M

Mystery15

Winnipeg, Canada

M

martyb

United States

Matching Fund

Sterling, United States

AllieJ

Camberwell, Australia

Romojo

Paraparaumu, New Zealand

T

theironbank

United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

S

stuartxyz

Denver, Colorado, United States

P

plhughes

United States

J

jsbisa

New Orleans, Louisiana, United States

B

bscent

Hong Kong

Taylor Hanna

United States

WiscoHorndog

United States

Loungin

United States

S

sarahb

United States

K

Keith

Luxembourg

Otto Barten

Amsterdam, Netherlands

B

Bennphoto

United Kingdom

I

ident

Horsholm, Denmark

M

MicroLender53

United States

Dave

Ede, Netherlands

Kyle Hoback

Omaha, United States

D

djlayton4

United States

K

Kristiina

All Countries

D

Daniel

Stuttgart, Germany

M

Malte

Munich, Germany

Gab

Singapore

Issy

United Kingdom

Kai

Nuremberg, Germany

H

Hakon

Drammen, Norway

DF

Daniel Fehr-Krahn

Winnipeg, Canada

Kate Courteau

United States

KO

Kevin OBrien

Denver, CO USA, United States

E

erica

antwerpen, Belgium

Max Lettenberger

Madison, WI, United States

Julia

United States

Kevin

San Francisco, United States

JC

JD Conley

United States

M

Marc

Newcastle upon Tyne, United Kingdom

KD

Kent Don

United States

TB

Taylor Brown

United States

R

Roger

United States

J

Joris

Lithuania

MG

Meron Gribetz

United States

MM

Marshall M

United States

KL

Ket Lin

United States

JD

Jeff DePree

United States

A

albert

United States

George

Corvallis, Oregon, United States

S

Stein

Diest, Belgium

WL

Wil Lazo

United States

ME

Manaal Eisa

Washington DC, United States

CNV

United States

L

Laura

United States

Cristina Huesch

Canberra, Australia, Australia

RM

Robert Mulley

United States

TH

tom hd

United Kingdom

Corina King

Calgary, Canada

Framework Eyewear

Utrecht, Netherlands

C

christine

Switzerland

Pedro R-C

Cambridge, United States

Solon Brown

Singapore, Singapore

DC

Dan Crosby

United States

Martin Nielsen

Aarhus, Denmark

JF

Jason Foti

United States

KR

Kathy Rowland

United States

M

Mart

United Kingdom

R

Ryan

United States

Aylsham Rotary

Aylsham, Norfolk, Uk, United Kingdom

Kavitha Amarnath

Sydney, Australia

SG

Sharon G

Portland, United States

Brad Schilling

Bunbury, Australia

P

patricio

Yorba Linda, Ca, United States

Mark Grey

Redding, CT, United States

AH

ajay hampapur

United States

LD

Laura Dobroth

United States

J

Jeff

United States

E

eriklonnroth

United Kingdom

A

Allie

Australia

TJ

Tovah Jordan

United States

Aran Dunlop

United States

E

Eve

United States

Hana

United Arab Emirates

Jennifer

Berlin, Germany

Thomas

Sweden, Sweden

K

Katka

St Albans, United Kingdom

BS

Brandon S

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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