Selling used clothing to pay for evening classes

Antony

Machakos, Kenya

100% repaid

Entrepreneur

Name

Antony

Member since

January 2015

On-time repayments

18 installments  •  28%

About Me

my name is antony saul mbithi the second born in a family of four.i am doing electrical Engneering.when i was a small boy i liked making dummy houses for my small brother and take some threads to do the wiring of Electricity to the house.i created more interest while in class eight and started thinkng of the sway to join a school of electricity.i want to buying second hand cloth in bails because have selling small amount after selecting them from the open air Marcket.i work for Multichoice company to overcome my hardship.i enjoy the job so much because the commission you get after selling one product of the company can keep you in a day. i sold some product from multichoice and managed to get a capital of 300$ to start my business.my count is among the fast developing counteys in kenya so its a unique place to do a business.i would like my son to e a pilot and my daughter to be a journualist.i like swimming and socialising

My Business

i do deal with second hand clothes because people cant survive without of which i get from mitumba vendors,i chose that business due to the high demand from my count where by its the fast moving count in the country i do earn a good income which i use by paying my bills like power bill,water bill and my personal upkeep,am near machakos teachers collage so i depend on students who do impulse buying so my clothes are always on demand and most of my coustomers leave unattended due to insufficient stock. I use my other profit by paying school fees which i do part time during evening hours.my monthly profit is 280 dollars that is after paying all my bills.I am also doing poulty farming which is fetching good money for me
again i do vegetable farming of which i do grow gabbages, ales and tomatoes .during my free time ijoin the youth in doing there vollonteer activits like cleanin my town an planting trees.I do supply my commodities in hotels and i do sell the small chicks to people who want to start pourtly farming in our enviroment.i enjoy my activities too much

Loan Proposal

I will purchase second hand clothe bail to motivate my clients of which one of them is going for 150 dollars.i will have quality and quantity of the clothes and diferrent designs.the profit will double increase and i will be able to to do more poultry and vegetable farming.i will very great if you consider my application

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 23, 2015

Repayment status

On Time

Projected term

2 months

Other loans

Lenders

cmahoney

Chadds Ford, United States

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