Buying clothes for selling

Faith

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Faith

Member since

July 2017

On-time repayments

61 installments  •  57%

About Me

Iam a hardworking lady and God fearing .I was born in a family of 10 kids 8 girls 2 boys. I came from a poor background my mum was a business lady my dad used to get jobs on casual basis. We were not able to go to better schools. I studied upto th fourth form. I was going to school in the morning then after school i would be forced to work in a hotel so as to pay my school fees. I saved for a few years after school then i started my own business. I come from a cool culture our land is unique and the atmosphere is fresh and clean. We live near a river we do farming. Our country has beautiful natural resources wild animals.i would want my kid to have a better life than mine and become a lawyer. I love reading inspirational books, listening to music and watching movies.

My Business

I sell ladies and mens clothes. Clothing is a basic need and so everyone needs to have something to wear. I love fashion and design thats why i choose selling clothes. In a month i can get 10000 revenue and costs 6000.from the revenue i pay my house rent, college fees,some i send to my parents for upkeep and the rest i reinvest back to the business.I also pay school fees for my siblings.

Loan Proposal

I will buy new clothes for selling. I will later sell them to my new and existing clients at a profit of 20-30% this profit will help me in catering for my expenses and paying school fees for my siblings.I will save some part of the profit and use it to pay the loan.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Nov 13, 2018

Repayment status

On Time

Projected term

3 months

Lenders

Kathleen Coleman

Oregon, United States

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