Cloth sale business

Gabriel

Kiganjo, Kenya

100% repaid

Entrepreneur

Name

Gabriel

Member since

July 2014

On-time repayments

30 installments  •  73%

About Me

i am a male businessman dealing in clothing and textile. my business is located in thika town, kiganjo. i deal with new cloths which i get on whole sale prices from Nairobi down town area mainly Kamukunji. in these line of business i have gained experience and i am able to market my business to all. having taken a course in hospitality i am able to interract with all kinds of clients. my business is carried out in a stall near kiganjo main stage.

My Business

in these business i trade in mainly female new tops which i get on a whole sale price of 150 shillings each and in these market it is able to fetch me 300 shillings each there by making 100% profit. i also deal in kids clothing which are also a major source of profit because i have no competitors in the area. male shirts are also profitable but they are seasonal reason being male are not soo much impulsive on buying as women are.

Loan Proposal

I'll continue with the business I proposed initially for female tops as follows. In these business i trade in mainly female new tops which i get on a whole sale price of 150 shillings each and in these market it is able to fetch me 300 shillings each there by making 100% profit. i also deal in kids clothing which are also a major source of profit because i have no competitors in the area. male shirts are also profitable but they are seasonal reason being male are not so much impulsive on buying as women are.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$66.00

Date disbursed

Aug 28, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

A

Andersson

Sölvesborg, Sweden

F

flaguy999

Tampa, United States

Kathunka

Bern, Switzerland

andreatagliatti

Manchester, United Kingdom

dmirpuri

Bangkok, Thailand

Z

zidishan

Trifouillis, France

P

PaulCM

Munich, Germany

dlpringle

Denver, United States

Jamie

Dublin, Ireland

Greg Howard

Reno, Nv, United States

JL

Jindou Lee

United States

John Minges

United States

Arnaud M

Sydney, Australia

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  • Gabriel    Feb 27, 2016

    hi lenders. Am sorry for have not yet made any single payment. As what Mwangi Peter has said, its true that my business went down due to some problems and am intending to service my loan as soon as possible.

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  • Peter    Feb 27, 2016

    Dear lenders

    Gabriel says his business was affected since some of his equipments were lost.He promised to start repaying once his business is back on feet

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  • Peter    Jan 23, 2016

    Dear Lenders
    I spoke to Gabriel his business was in depression in the month of Jan but is hoping to recover in next month where he promised to update all installments in arrear.

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  • Gabriel    Dec 30, 2015

    hi lenders. I recieved my money yesterday date 29/12/15 ksh 15117.

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  • Gabriel    Dec 27, 2015

    Again, thanks lenders. You've realy impressed me for a quick funding of my loan.

    I will buy another shaving machine for 7000ksh and pub the remaining money to my business as I proposed.

    once again thank very much and God be with you every time.

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  • Gabriel    Dec 18, 2015

    Hello lenders. Am taking this opportunity to say that my barber shop is doing good in terms of returns.

    Am getting an average of 500 on a good day representing 10 customers.

    Have managed to pay you all your dues and prepaid a stall fee from the returns realized for the past 2 weeks.

    Finally, I thank you very much for the very continued support have seen from you to me and all business minded people at large.

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  • Gabriel    Dec 1, 2015

    The heavy rains falling in the area has made a substantial number per day to reduce thus making my earnings consequently reduce. I would like to reduce my instalment amount to 1000 per week. Otherwise thanks for continued support.

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  • Gabriel    Nov 23, 2015

    Hi lenders. Take my apology for delayed payment for last week payment date 15/11/15. For the past 2 weeks have been experiencing cash flow problems but for now am copping up with it and have managed to pay the whole amount due of 4000. Thanks very much hoping that my apology is taken.

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  • Gabriel    Nov 15, 2015

    Am unable to pay the full installment of 2800 because my busines has not peaked up. Am expecting my earning to rise in the month of December.

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  • Gabriel    Oct 21, 2015

    Hi lenders. I received 14,132 ksh on 21/10/15. Am on the same plan as I proposed, Am planning to buy the shaving machine today and within the course of the week prepare the place and immediately commence the job. Finally I want to thank lenders so much for continued effort and loan advances to me and every borrower. I will ensure I repay my installment in time.

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  • Gabriel    Oct 19, 2015

    I will buy a shaving machine and immediately I'll commence my business as I said in my loan proposal.

    Thanks lenders and may God bless you abundantly.

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  • Gabriel    Oct 5, 2015

    As a result of the previous loan has increased my profit due to high volumes of sales of female tops of which it is my major sale item. I need another loan to set up a barber shop which in my in thika town which has a low competition. I expect to be making 400ksh per day. thanks for your continued support to those with business ideas. God bless you so much.

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  • Gabriel    Aug 31, 2015

    hi lenders, i recieved my money 6569.

    have already bought female tops with half the amount and the rest i paid the stall fee.

    am looking forward to ensure my credit limit has increased to a reasonable amount.

    i take this opportunity to thank you lenders for continued support infact, you've changed my live advancely.

    thanks once more and God bless you.

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  • Gabriel    Aug 27, 2015

    thanks lenders for continued support.

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  • Gabriel    Aug 11, 2015

    Hi lenders. Am doing well with my business. I expect to get a credit limit increase as I continue servicing my loan from the good returns of my cloth business.

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  • Gabriel    Jul 27, 2015

    hi. I paid my second installment wrongly in wrong 0726408533 instead of 0726708533 account number but correct paybill number. I request you to make necessary adjustments to correct the error. thank you in advance.

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  • Gabriel    Jul 19, 2015

    Thank you lenders am still continuing with my business. I managed to pay my first installment today date 19/07/2015.

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  • Gabriel    Jul 10, 2015

    Hi lenders I recieved 5599. God bless you.

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  • Gabriel    Jul 8, 2015

    Thank you for facilitating me a second loan.

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  • Gabriel    Jun 8, 2015

    Hi lenders. I thank you for facilitating me a loan. I managed to pay the final installment on 6th June. I'll continue with the trend even in future. God bless you so much.

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