Capital for buying new stock(handbags)

Lorna Kiyayi

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lorna Kiyayi

Member since

August 2016

On-time repayments

164 installments  •  52%

About Me

I am a graduate from Kenyatta university Kenya with a bachelor's degree in special education.Normally i would have pursed a job inline with my course but as fate would have it, i decided to follow my passion.I have a great interest in fashion and trends.I have previously worked as a sales person and a marketer and i discovered i had good negotiation skills and most times i would close my conversations with a sale.Therefore i decided to try selling women's handbags and alas the venture was a success.I have since sold more than 60 handbags this year.I do this by marketing myself online through my Facebook page.Moreover am working on opening an Instagram account to reach more clients.I do not have a shop and i am certain if i have one, it will be a great boost for my business as it will enable me to stock clothes and shoes.

My Business

I majorly sell women's handbags.They are a three piece collection in other words 3 in 1.I normally get them from a supplier who ships them in Kenya through Kampala.I have not been able to import the bags myself due to limited capital.
The bags are marketed online through my Facebook page, Bags Emporium where i engage with customers and henceforth do free deliveries.I also rely on whatsap to showcase the products and it has been a success for two years.
Apart from this, i do online academic writing and this helps me to sustain myself and would assist in loan repayment.

Loan Proposal

My business operations are mostly carried out online via Facebook.I always take and edit photos of my products after purchase and upload them on Facebook via my marketing page;Bags Emporium.Since i do not have enough money to directly import the goods, i solely rely on our local importers.If I get this loan, I will use 80 dollars as fare for travelling to and fro my supplier who is at the coast of my country(MOMBASA).My target is 40 handbags(three in one) which will cost 880 dollars.I will use 33.3 dollars to pay a commercial photographer to take photos of the products and edit them.40 dollars will be used for online advertising via Facebook while the remaining 40 dollars will be used for delivering to individual customers to where they are as per their orders. I will keep you informed of the progress.You can also take a look at my Facebook page:Bags Emporium!
Thank you!

Feedback

1

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  • Allie    Sep 11, 2017

    Congratulations Lorna, on your business and making all repayments on time!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,063.30

Date disbursed

Oct 4, 2017

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Service fee: $46.86

Lenders

C

Christian

Saarbruecken, Germany

J

JenJen

New York, United States

Y

yop324

Ottawa, Canada

W

Witlof

Tsukuba, Japan

cyrus0302

San Francisco, United States

T

Tec69200

Jacksonville, United States

AndreaBravi

London, UK, Canada

T

Tallago3

Munich, Germany

Pere

Barcelona, Spain

J

Jessica

Patagonia, Argentina

M

mason243

Denver Colorado, United States

C

chrisn

Egg, Switzerland

T

tommmart

Seattle, WA, United States

A

anonymous123

United States

V

vaglio

Vaglio, Switzerland

GV1986

Milano, Italy

Cloudways

Malta, Malta

Namaste250

Pittsford, United States

G

Goodwill

Oakland, United States

B

BClay

Campbell, United States

ads68

Melbourne, Australia

Ingela

Falun, Sweden

A

Andy

Berlin, United States

G

glh25

Winooski, United States

fairspirit

Utrecht, Netherlands

K

kikusin

Shanghai, China

H

HomesteadSchool

Glen Spey, United States

neocodesoftware

vancouver, Canada

mojobob

Hayward, United States

T

ThereIsNoGod

Singapore, Singapore

C

cranejoad

cazenovia, United States

Richard Griebe

La Jolla, United States

NedRyerson

Munroe Falls, United States

B

bwitt

Berkeley, United States

Evan Lamos

Brussels, Belgium

MalcolmL

San Francisco, United States

K

Kudrnova

Czech Republic

C

ColoradoEmac

United States

TyWee

Manila, Philippines

K

Keith

Luxembourg

M

Medagan

San Franciso, United States

SV

sven vdk

Twickenham, United Kingdom

PolarBearCapital

United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

Gab

Singapore

Elias

Ulm, Germany

Jake Badger

Roskilde, Denmark

C

Chitti421

United States

JS

Johan Steen

Malmö, Sweden

Kevin

San Francisco, United States

ME

Manaal Eisa

Washington DC, United States

CNV

United States

Pedro R-C

Cambridge, United States

PG

Paul Graham

United States

Aran Dunlop

United States

Paul Smithson

Leeds, United Kingdom

A

Andrei

United States

E

Enda

Abu Dhabi, United Arab Emirates

Cliff

United States

AO

Ahana Ogle

United Kingdom

R

Ryan

United States

Carlo Cruz

Cincinnati, OH, United States

KH

Kathryn Hawks

United States

EthicalHost

Toronto, Canada

PR

Priscilla Rathbone

Seattle, Washington, United States

DK

Danny Kelly

United States

L

LuZi44

Basel, Switzerland

I

ixeldog

atlanta, United States

JA

Jan Andresen

Hamburg, Germany

Rick

United States

Ryan Keller

Hong Kong, Hong Kong

Martin Kraus

Traiskirchen, Austria

Craig Newmark

United States

RR

Rory Rohloff

United States

SH

Stephanie He

United States

M

Mark

Toulouse, France, France

MS

Mona S

United States

Haroon S

United States

M

Mack

Harbor, Oregon, United States

Philipp Lehmann

Zurich, Switzerland

R

RMIM

United States

DW

Dan Winetsky

United States

WC

Walter Clarke

Phoenix, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

ZS

Zach Silveira

Asheville, Nc, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

R

Ruxandra

Czech Republic

MW

Matt Winkler

United States, Canada

L

lysander

Australia

AP

Ariel Pollak

United States

LM

Lee Montecucco

Washington State, United States

AJ

AJay Jacobs

United States

K

Khoa

United States

JS

Jason Shea

United States

PA

Peter A

New York City, United States

Sadie Weiss

Knoxville, United States

J

JB

Germany

HL

Harris Lin

New Zealand

M

Mika

Switzerland

Ask Lorna a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

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