Cloth sales

Duncan Nakaanda

Lusaka, Zambia

100% repaid

Entrepreneur

Name

Duncan Nakaanda

Member since

July 2020

On-time repayments

36 installments  •  31%

About Me

My name is Duncan Nakaanda. I have been in business for more than 2 years now. I deal with selling of shoes but have now ventured into clothes due to the money that zidisha is giving me to support my business. I loving selling goods and commodities.

I am based in lusaka and i look forward to a situation were i can start ordering salaula from malawi and later reselling it when i bring it to zambia. It has a good market and the demand is something unexplainable. Zidisha has really helped me as it helped to develop from ordering 20 shoes to ordering 60 and later helping me enter the clothes business which deals in women clothes.

My Business

I order and sale shoes....i recently expanded my business by adding clothes to my shoe business. What i do is order the above mentioned commodities and then later resale them after washing them. My market is usually bars late at night and just moving up and down during the day and talk to each and every customer that i meet.

Weekends are the days that i sale the most. I am currently venturing in mens clothes and shoes due to the fact that these commodities are expensive and have more profit compared to lady commodities in my area and besides i am a male so nowonder the ease in doing this.
My income has increased because i am now adding more goods to my already existing clothes.

I have now added transportation to my business. This is good business for my portfolio as i have noticed this gap in my community

Loan Proposal

Will order a few second hand cloths and resale them

Income Source

I already have orders

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$13.88

Date disbursed

Aug 25, 2020

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $1.48

Credit risk payment: $1.18

Lenders

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

Loading...

Loading...

Loading...