Buying hair products to stock in my clothing business

Regina Mary Ndegwa

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Regina Mary Ndegwa

Location

Nairobi, Kenya

On-time repayments

287 weekly installments  •  79%

About Me

I’m the second born in a family of eight. Since my parents didn't have enough money to pay school fees for all of us, I didn't advance much in education as I was forced by the circumstances to do odd jobs to support my younger brothers and sisters. I was employed as a tea girl in a local primary school and it’s from that job that I saved some capital that helped me start my current business of selling second hand clothes. I would want to see my children grow to become successful people who shall make a difference in other people’s lives. Besides working, I love taking a nature walk, meeting new friends and reading magazines during my free time.

My Business

My business involves selling of both new and second hand clothes for women and children. Initially I started with selling the second hand clothes only, since majority of the citizens are not able to afford new clothes but still need to look decent in their outfit. Currently, I’m also selling brand new clothes, since demand for them is slowly increasing as the purchasing power of my customers increase. It’s also an open secret that women are the highest buyers of clothes, as opposed to men. In a typical day, my incomes ranges between 20$ to 30$, and I set aside 7$ each day, to cater for my running expenses like rent for the shop, transport, lunch and several other expenses. This leaves me with between 16$ to 23$ which helps me to cater for other needs like providing food for my family, paying rent for our house, paying school fees, expanding my business and also extend a hand of help to the more needy like the kids in children homes.

Loan Proposal

Dear Lenders, with my business of selling clothes for ladies, i have found it good if i could also start selling some cosmetics and hair products to the same ladies who came to buy clothes and other items from my shop. I intend to buy braids, weaves and hair jelly since most of the ladies have been inquiring if i stock such items. For a start, i plan to buy about 50 pieces of braids, each costing about 3$, 30 pieces of weave, each costing 7$ and 100 containers of hair jelly, each costing 1$. This will play a major role in increasing my sales and my profits for that matter. I expect my profit to rise by about 10 to 20% per month.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$404.05

Date disbursed

Nov 7, 2015

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $80.20

Lenders

W

WilsonLending

Atlanta, United States

J

Jason

New Jersey, United States

C

Christian

Saarbruecken, Germany

investor

Candiac, Canada

mbunifu

San Jose, United States

S

SeeBiscuit

Reston, United States

DeanDropshot

Oslo, Norway

lorrymac

Killough, United Kingdom

C

CanadianMom

Toronto, Canada

Zidisha

Sterling, United States

T

ToddK

Indianapolis, IN, USA, United States

M

mogensh

København V, Denmark

BJ

Brandon Joz

North Carolina, United States

B

blahblah

Nuernberg, Germany

B

briansedz

Canton, Ohio, United States

S

Shadrax

Lansing, United States

C

chrisherron

Chicago, United States

A

Annana

Kanata, Canada

F

farwest

Alamo, United States

B

blairan

Baltimore, United States

skoch

Oslo, Norway

dajawein

Gladstone, Australia

S

stevetanner

Geneva, Switzerland

J

JoycaLeplae

Gent, Belgium

JesseEXPRESS

Arlington, United States

T

TokyoBliss

Tokyo, Japan

B

BartenKatrijn

Ghent 9000, Belgium

andreasol

Bielefeld, Germany

P

portlandloans

Portland, United States

DLarson

Morris, United States

Moyeji

Australia

D

Divergent

Bethesda, United States

Susansfund

Colorado Springs, United States

T

tomdeneire

Eke, Belgium

G

glomardor

Leonardtown, United States

E

ebronken

Oslo, Norway

R

RosieLea

columbus, United States

M

markusfitza

College Station, United States

IA

Ismini and Jerry

Stamford, USA, United States

A

aiban

Austin, United States

J

JG2012

Brooklyn, United States

J

jzidi

Los Angeles, United States

J

JoJoHouse

New Castle, United States

S

Sabine

Courtenay, Canada

A

Austrian

Graz, Austria

birtom

Ettlingen, Germany

Matthew

New York, NY, United States

S

samuk

Nottingham, United Kingdom

S

smilesandlove

mount horeb, United States

T

TheBarber

Oro Staion, Canada

D

davide

Vallentuna, Sweden

madnomad

San Francisco, CA, United States

D

dlugi

Krefeld, Germany

P

pedromaster88

torra pallavicina, Italy

AdvancingCompassion

San Diego, United States

Jalene

Redmond, Oregon, United States

J

JoeSolar

Virginia, United States

ATrain

Nashville, United States

southcentral

Zürich, Switzerland

H

hteba

Northwich, United Kingdom

P

pellm

Ashland, United States

T

Travelbear

Asheville, United States

H

hchsmicroloans

New York, United States

U

UmSaeed

Southfield, United States

A

Aaron

Zurich, Switzerland

W

WellingtonPFClass

Columbus, Oh, United States

M

Mooper

Los Angeles, United States

R

rawlo5660

san jose, United States

C

cescotet

Needham, United States

S

Southern

Oberursel, Germany, Germany

ohlandtmann

Moorestown, United States

J

jerryq

Redding, United States

HMS_5th_Grade

Honolulu, United States

C

chrono

Toronto, Canada

chadgibbs

Loveliest Village, United States

fairspirit

Utrecht, Netherlands

davidt

San Francisco, United States

C

collins75

Hawthorn, Australia

T

tbogz

Singapore, Singapore

P

prashant

SUNNYVALE, United States

S

solarkismet

Logan, United States

E

ElliottGarlock

Palo Alto, CA, United States

A

arwaandali

Ottawa, Canada

W

Walter1

Bergneustadt, Germany

A

acolomitchi

Eynesbury, Australia

A

amish

San Francisco, United States

M

maxep06

Fairfax, United States

A

Avalokiteshvara

Yau Yat Chuen, Hong Kong

Sheena47

Ottawa, Canada

U

UTLonghorn

Lincoln, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

claire.mcleland

Springfield, United States

P

Phoint

Zurich, Switzerland

N

Navigator

Alavus, Finland

numbat

Perth, Australia

larsandanika

Langen, Germany

K

Krishroff

Dubai, United Arab Emirates

RebeccaW

Houten, Netherlands

J

Joannie333

Milwaukee, United States

TraciV17

Indianapolis, United States

O

ommthree

Egg, Switzerland

DVM1417

Seaford, United States

J

jocke

Stockholm, United States

J

johanwinnubst

Amsterdam, Netherlands

paulclinton

malaga, Spain

L

LongTallSallymander

Menomonee Falls, United States

H

hokyplyr

Lincoln, United States

A

AndrewC

London, United Kingdom

G

gradient

KFAR SABA, Israel

FriendinOregon

Hillsboro, Oregon, United States

P

Pavane

Kungsbacka, Sweden

N

NickLuder

London, United Kingdom

T

ThereIsNoGod

Singapore, Singapore

L

LenoMetus

Perth, Australia

G

GCAsmus

Minneapolis, United States

90803

Long Beach, United States

A

AtomMan123

Fletcher, NC, United States

M

MHarrison

Bristol, United Kingdom

E

Esseni

Cincinnati, United States

B

Badass78camaro

Mohnton, Pa, United States

R

rosebo

Bend, United States

Parkmobile

Fort Bragg, United States

H

happytrailsjpd

South Bend, United States

A

andy.gayton

San Francisco, United States

J

JudoGlenn

North Olmsted, United States

A

akshu71

Ottawa, Canada

T

Texikan

Fort Worth, United States

D

dajja

Stockholm, Sweden

OP

Old People

Corona Del Mar, United States

Matching Fund

Sterling, United States

C

chrishol

United States

S

SenseOfAdventure

United Kingdom

T

tlbtlbtlb

United States

J

juniormint

United States

A

adiipienaar

South Africa

N

NateKettles

South Africa

jonnyhj

Stockholm, Sweden

Paul Buchheit

Mountain View, United States

M

Mal57

Australia

D

dm151

Australia

lauren and jubilee

San Antonio, Texas, Usa, United States

R

richardbrewster

United Kingdom

poorinvest

Sandefjord, Norway

K

Kimbo

Vietnam

smastermind

Jerusalem, Israel

mepster

San Francisco, Ca, United States

VK

Vasily Kudrin

Moscow, Russia

L

luckiestmonkey

United States

AndrewNeu

Ho Chi Minh, Vietnam

J

JonAlec

United States

R

rwebb

United States

T

tehmle

United States

Grant Xavier Storer

Seattle, Wa, United States

S

samrajbal

United Kingdom

A

aajmp

United States

A

afrakhan

United Kingdom

S

satheajay

United States

M

MarkA

United Kingdom

M

michael0921

Fairmont, United States

K

Kebrenagast

New York, United States

S

Schwartz

United States

A

adamdreaming

United States

P

purmar

United Kingdom

Andrew267

Birmingham, United Kingdom

A

andreab

United States

J

Jack123

United States

C

cwbreaux

United States

JP

James Parker

Sacramento, United States

KM

Kirsty M

United Kingdom

Michelle

Sydney, Australia

R

ras

Germany

D

David

United States

P

pombo

United States

Frank Termathe

Frankfurt Main, Germany

D

Doug

Baltimore, United States

Dave Bogard

New York, United States

Roy

Espoo, Finland

Jerome

Switzerland

Dominik Wagner

Karlsruhe, Germany

jtreyes

United States

Herbert Morin

United States

BS

Bart Sturm

Amsterdam, Brazil

KD

Kent Don

United States

JD

Jeff DePree

United States

F

Florian

Munich, Germany

BB

Ben Bellows

United States

Heidy

N J, United States

DS

Dana Smith

United States

HS

Heather Sage

United States

ZS

Zach Silveira

Asheville, Nc, United States

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