Buying used clothes for resale in my new stall
Alice
Thika, Kenya
18% repaid
Entrepreneur
Name
Alice
Member since
April 2014
On-time repayments
294 installments • 7%
About Me
My name is Alice Kamweru. I am married and have two children. I am a hotelier by profession and I have worked with a couple of companies in the respective field. However, I decided to change my specialization after I went for my first maternity leave and started as a self-employed working from the localities of my home.
I have been venturing in online business for a while now and I can tell that it is not bad. I compose online articles for various websites. I do however intend to create another side hustle to help me channel in more gains.
My hobbies are writing and reading novels, mingling with people and doing general business. I also like travelling especially when I am free.
My Business
I am an online freelancer currently specializing in website content writing.
The job has been a source of my finance for the last year. I manage to raise approximately $100 per week which I use for personal needs and general support for my family.
I do however intend to venture in a side business apart from freelancing. I intend to establish a small second-hand clothes stall for both men and women. I have already found a perfect place for the clothes business. In fact, I have already booked the stall using the little savings I have managed to gather.
If I am granted the loan, I will employ someone who will be selling the clothes on my behalf. The money should be enough to help me buy several bales of second hand clothes. I am certain that the clothes will be sold quickly considering the high level of people traffic at the stall location.
Loan Proposal
If I am granted a loan of $447, I intend to use it in buying used clothes. The price of one bale of female and male clothes goes at $100. This means that the loan will help me in buying 4 bales. I have managed to save some amount which will be of use in boosting my stock and also hiring a worker. This will be in addition to the remaining balance of $3 from the loan. Attached in my profile is a photo of my new stall only awaiting stock.
The location of the stall has high human traffic hence I believe that the clothes will give returns in due course. Kindly help me achieve this goal.
About Me
My name is Alice Kamweru. I am married and have two kids. I am a hotelier by profession and I have worked with a couple of companies in the respective field. However, I decided to change my specialization after I went for my first maternity leave. I decided to employ myself and work from the localities of my home.
I have been venturing in online business for a while now and I can tell that it is no bad. I compose online articles for various websites. I however intend to create another side hustle to help me channel in more gains.
My hobbies are writing and reading novels and mingling with people and doing general business. I also like travelling especially when am free.
My Business
I am an online freelancer currently specializing in website content writing.
The job has been a source of my finance for the last one year. I manage to raise approximately $100 per week which I use for personal needs and general support for my family.
I however intend to venture in a side business apart from freelancing. I intend to establish a small second-hand clothe stall for both male and female wear. I have already found a perfect place for the clothe business. In fact, I have already booked the stall using the little savings I have managed to gather.
If I am granted the loan, I will employ a worker who will be selling the clothes on my behalf. The money should be enough to help me get several bales of used clothes. I am certain that the clothes will be a quick sale considering the high people traffic at the stall location.
Loan Proposal
If I am granted a loan of $447, I intend to use it in buying used clothes. The price of one bale of female and male clothes goes at $100. This means that the loan will help me in buying 4 bales. I have managed to save some amount which will be of use in boosting my stock and also hiring a worker. This will be in addition to the remaining balance of $3 from the loan. Attached in my profile is a photo of my new stall only awaiting stock.
The location of the stall has high human traffic hence I believe that the clothes will give returns in due course. Kindly help me achieve this goal.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$443.00
Date disbursed
Sep 30, 2014
Repayment status
Late
Projected term
65 months
Other loans
Lenders
Republic of Korea
Netherlands
United States
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