Clothes sale

Salome Otwori

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $49 goal

0

days left

Entrepreneur

Name

Salome Otwori

Member since

November 2018

On-time repayments

7 installments  •  43%

About Me

My name is Salome Kerubo,35 years,I am from Kisii.My name is Salome Kerubo, 32 years old. I was born in a small in a small village in Kenya .I got my primary education at Keroka which is in . I later proceeded to Mugumo girls secondary school. I did not further my studies due to lack of finance problems. It was my dream to become an IT expert but I believe my dream is still valid.
I moved to the city where I worked as a house help but the job was not well paying. After a year I then and worked as a waitress in a small cafeteria. Indeed I have some experience in different jobs.
I have an adorable two little boys who are at the age of four and six respectively . I figure that them too are into computer and phones. They operates my smart phone like an adult. It is my wish to further their education to the highest level possible. I would hate finance to be a hinderance.
I love swimming and playing soccer. I love watching action movies.

My Business

In Kenya, weather dictates what I should stock in bulky. For instance the festive season is around the corner so am focusing on stocking fancy heavy pullovers, sweaters, neckerchiefs and gloves.
I buy mostly the second hand clothes populary known as 'mitumba'. The only things that I buy as brand new are inner wears and blankets.
I love this job because quite a good percentage of people in my locale can not afford new clothes. Every body now can afford clothes from my shop.
A bale of clothes costs around $80 inclusive of Value Added Tax(V.A.T) and sell it upto $120-140 in two weeks.
I use my profit to pay my son's insurance policy .I also Re investment little by little to expand my business as am looking forward to owning a big boutique or moreso a fashion house

Loan Proposal

Since the Christmas season is around the corner....am going to stock fancy kids wear that many buy for their children

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.85

Date disbursed

Nov 30, 2018

Repayment status

Late

Projected term

4 weeks

Cost to entrepreneur

Service fee: $2.09

Credit risk payment: $9.66

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