Clothes and handbags for my clothing store

Phen

Mombasa, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Phen

Member since

December 2016

On-time repayments

13 installments • 69%

About Me

I was born and brought up in Bungoma where I attended primary school at Bungoma DEB, proceeded to Lugulu Girls for my High school, then Egerton university.
I lost my parents in high school hence had to work minor jobs during holidays to raise my school fees and pocket money till I finished by passing well in KCSE exams.
Seeking flexibility and financial freedom motivated me to start my own business, started small by taking orders from interested clients and supplying them, the more my customers could get satisfaction the more the referrals i got hence my business has gained sustainability due to availability of the market.
Freedom of fashion and style is unique where I live. My children would like to be artists when they grow up and I try my best to provide for them whatever they need to develop and grow into independent individuals . I love cooking, experimenting with new recipes and fashion.

My Business

I sell clothes, shoes, bed sheets and handbags because clothing is a basic necessity which people cannot do without, hence demand for them is high because of the high population which needs clothing.
On average my cost per unit is Kes 1,400 and revenue kes,2,000 respectively.
The revenue i get is used for reinvestment in growing my business, and to cater for costs that come up in the course of running my business which include transport costs, telephone calls costs, advertisement costs, sourcing costs, rental costs, electricity and so forth.
I have two children, a boy and a girl. The boy wants to be an artist when he grows up, he is very passionate about drawing, painting and likes sketching during his free time. The girl wants to be a runway model when she grows up

Loan Proposal

I will use this loan for advertisement purposes, that is making more phone calls and writing messages to the existing clients requesting for their referrals, and building a more attracting signage for my business to create more awareness about my business so as to increase my customer base and expand my sales hence more revenue generation.