Clothes enterprise

James Kamau

Thika, Kenya

100% repaid

Entrepreneur

Name

James Kamau

Member since

January 2015

On-time repayments

72 installments  •  61%

About Me

I am a 27year old man born and raised in Thika.I studied at Genaral Kago primary school and later joined Broadway secondary school which i cleared in 2006 with a C+.Due to lack of school fees i joined Garissa primary school as private employed teacher for to raise my college fees.I joined the Excel Institute as as CPA student in 2012.In the year 2012 i started a shoe business to supplement me as i was studying which i supplied in the evening.Thika is a town with diverse culture that has a lot of colleges and i the demand of clothes and shoes is very high.In the year 2013 business was match demanding and i changed my classes to part time to enable me cater for my fees.My pass time is spent as a football coach to slum kids and orphans in institutions such as Wema,Action aid and angaza sports and development centre.

My Business

My business involves supply of shoes and clothes to the local community.Thika is a town with diverse culture and it has atleast 60% of its group as ladies.This is why i chose to take this type of business to meet rising demand in this item as due to the high number of students in Thika.My cost involves purchase of inventory,rent and transport.My profit is spent on personal needs,reinvestment and education.

Loan Proposal

I am planning to use my second loan to introduce shoes to my business.These will complement the business since it will reduce transport and rent clothes per piece of cloth.I am planning to acquire 60pieces of ladies shoes at $3 per pair.Then i will sell the pair at $6-8.This will work well in reducing the cost of rent and transport since i intend to use the same room i sell clothes.This will enable me meet all the repayments and expand my business.Thank you lenders for your support.My profit is expected to increase by an avarage $360 a week.

Feedback

2

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$196.04

Date disbursed

Apr 3, 2015

Repayment status

On Time

Projected term

6 weeks

Cost to entrepreneur

Service fee: $7.32

Lenders

investor

Candiac, Canada

mbunifu

San Jose, United States

G

glosoli

Boston, United States

O

Oliver

Geneva, Switzerland

DeanDropshot

Oslo, Norway

C

cgrumboski

Atlanta, United States

AnnaChristina

Pittsburgh, United States

sebastienrosa

Quebec, Canada

M

mason243

Denver Colorado, United States

A

Alex1987

Ludwigsburg, Germany

Universal1

Melbourne, Australia

H

hanso

Arendal, Norway

Myrar

Aarau, Switzerland

J

Joyful4

Plano, United States

S

Sammlung

Glendale, United States

Jouni

Finland

N

nanax005

SALEM, United States

T

tuttifrutti

tulare, United States

ads68

Melbourne, Australia

postnihilist

Honolulu, United States

A

Andrew22

Hopewell PA, United States

Muslim

Riyadh, Saudi Arabia

L

Ldeschae

Gent, Belgium

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

G

Goldrivermob

Gold River, Canada

M

Marod

Edmonton, Canada

D

dpvidal

Eindhoven, Netherlands

W

wally

Torino, Italy

jan73

Eugene, Oregon, United States

Zal0m0n

Atlantis!!!! x), Mauritania

silyara

United States

M

Mieli

Kotka, Finland

xtrahardware

Cazenovia, United States

zZola

Gilford, United States

G

GanSatya

United States

pvilliger

Zurich, Switzerland

A

axienjii

Amsterdam, United Kingdom

Matching Fund

Sterling, United States

G

guiambros

United States

E

electrolite

United States

Paul Buchheit

Mountain View, United States

P

phantomdiver

United States

V

Vilius

United Kingdom

mepster

San Francisco, Ca, United States

VK

Vasily Kudrin

Moscow, Russia

T

Tim47

United States

A

afrakhan

United Kingdom

adrianz

United States

alecors

Mexico, Mexico

S

Stephan

Netherlands

E

Erich

Zurich, Switzerland

S

Sebastian

Dortmund, Germany

Veeti

Helsinki, Finland

MW

Matt Willis

United States

JM

John Meserve

United States

Ask James 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...