Clothes for my clothes selling business

Fredrick

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $3 goal

0

days left

Entrepreneur

Name

Fredrick

Member since

August 2017

On-time repayments

2 installments  •  0%

About Me

I was born and brought up in Kawangware in my uncle's house because my parents were unable to take care of us, being five of us it was a great challenge not only to feed us but also to school us. I am now married with five children, I run a clothing business which helps to meet part of the bills at home. My dream is to grow my business to even be a supplier. Being an employee was very frustrating especially at the end of month. We could go months without being paid. Being self employed I have peace and am self reliant. I want to see my children go through college.

My Business

Selling clothes. The business is now six months old. I started the business because of frustration from work and I did not want to stay idle. And I want to be able to take care of my children. My biggest challenge is harsh economic times, and low purchasing power of clients. My customers are ladies. I want to grow my business by providing to a variety of new clients.

Loan Proposal

Buy stock of quality and variety so as to meet the varied needs and tastes of the customers. I will be able to provide for my family sufficiently due to the increase in returns. My family will lead a comfortable life.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$3.00

Date disbursed

Sep 5, 2017

Repayment status

Late

Projected term

2 weeks

Lenders

Michael Bauschke

Dresden, Germany

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