Clothing business

Samson Shume

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Samson Shume

Member since

May 2017

On-time repayments

149 installments  •  74%

About Me

am a kenyan i grew up in a humble beggining hence i kno to sleep without food . i undertook my childhood education with alot of difficult. will to venture in business already in business but at time meet challenges on capital part.

My Business

am currently employed need to have adittional source of income well i do buy and sell new men trousers hence need some cash to fund the business since it has been quite doing well of late since have captured many customers hence it iwil be ideal to be indepent not not depend on salary alone

Loan Proposal

Men trousers 40 Pcs @ 800 =ksh 32000
The balance will be transport @ ksh1000
The benefit i will create to others is that intend to employ two young men who will assist me in selling and delivering to clients. Am expecting a to get a profit margin of 50% and hence will increase my earnings.

Feedback

2

None

None

  • Paul Thompson    Feb 13, 2020

    Well done getting your loan repaid, I hope your business is growing and maybe we'll be able to help you again soon.

    Log in to reply • Share
  • Tobias Otta    Feb 4, 2020

    100 % repaid. Thanks and good luck with your business!

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$318.28

Date disbursed

Jul 9, 2018

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $13.40

Credit risk payment: $67.05

Lenders

DeanDropshot

Oslo, Norway

B

bugdaniel

Switzerland

Mimobo

Schwäbisch Gmünd, Germany, Germany

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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