Clothes wholesale ventures

John

Thika, Kenya

100% repaid

Entrepreneur

Name

John

Member since

July 2014

On-time repayments

352 installments  •  69%

About Me

I am 31 years old man and i got born again at the age of 28 years while is was in college. I went through primary education and completed in the year 2001 where i got 350/500 marks. I joined form one in the year 2002 in Masinga Boys' High School up to form four in the year 2005 where i got grade C plain. In the year 2006 and 2007 i work with Masind Dam Resort , a five Star Hotel as a Hotel controller. In the year 2008 to 2010 i went to Moi Institute of Tech-knowledge where i did a diploma in Banking and Finance. In the year 2011 i stated a business of selling jeans as i was waiting to get my job. In the year 2012 i started to sing gospel songs and now i am planning to produce my first album which will cost me 2500 US dollar. This is my project of the year 2014 that i am totally dedicated to see it out to the glory of God.
ABOUT MY FAMILY
I was born third in a family of eight, six children and two parents. All was not well due to financial need. My father was hard working in small scale farming and raising school fees was not that easy for six children. Despite of many challenges we are managing in life growing slowly in our businesses and in our academic profession.
As children we are working our best to see the life our parents improve. It have been always my dream for my family to stabilize financially, and this propels me to work an extra mile in business.


HOBBIES
 Singing (Gospel)
 Watching Educative Movies
 Swimming

My Business

I started my business in the year 2012 after completing my course on Banking and Finance. This was my was to avoid me being idle wasting my time and resources as i was waiting to get my job.
The business turned out successfully and even after i got my job i never closed it because it turned out successfully. I employed three staffs who are honest and hard working people. I have a plan to expand it now to be a wholesale Boutique where i will supplying to retailers within the town. I engaged another strategic way of marketing to expand my clientele by going to the offices and market my product. People give me their sizes, with description of color of the cloth that they want and i do deliver to their offices in a good package style. It has turned out gloriously. I will use the loan to invest in the business to increase my production.

After i moved to a new renting house my business has picked so well and now i am making more profit than before. Monthly i do make sales of US Dollars 900 with expense of US Dollars 480.

After opening new detergent shop, the business picked up so well and and now fully persuaded to to make it a wholesale.

Loan Proposal

Now that i have expanded my business from retail to a whole -sale and increased my retail customers from 15 to 22 among many other walk ins, then i am very sure that this loan will give me another chance to venture in the new market fashion of clothes and hence make my world better.

I am planing to open a new branch for my business and i will use Ksh10,000 to buy new stock, Ksh 2,000 will be used to make up shelf in the shop, Ksh 1,000 will be used for painting in the shop while Ksh 1,000 will be for labor plus transport and Ksh 900 for miscellaneous.
This new branch is located near one of the local universities around and the place is viable to sale more clothes to the university students as well as workers from within university. Apart from the university the business is near stage where is visible from the distance and this will give me a good sale in this year.

I have a strong faith, skills, and knowledge that will make this business shine more and more. I have come up with a new strategy whereby if a customer buys any kind of clothe from my shop then i offer a handkerchief for free. This has given me a now name as my customer spread the word of new free handkerchief .

I would wish to thank Zidisha for enabling me to turn my world a better place through easy and convenient loans which have friendly interest rate for easy repayment. Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$165.00

Date disbursed

Feb 4, 2015

Repayment status

On Time

Projected term

5 weeks

Lenders

C

CWS

Huntington beach, ca, United States

R

Raabo

Rungsted, Denmark

investor

Candiac, Canada

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

C

chkuo

Taipei, Taiwan

mbunifu

San Jose, United States

DeanDropshot

Oslo, Norway

Zidisha

Sterling, United States

B

blahblah

Nuernberg, Germany

beverly

Vancouver, Canada

Jouni

Finland

N

nanax005

SALEM, United States

ads68

Melbourne, Australia

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Zal0m0n

Atlantis!!!! x), Mauritania

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

K

Karpet

Faroe Islands

mepster

San Francisco, Ca, United States

djkmoran

United States

KM

Kirsty M

United Kingdom

AH

Alex Huxley

Ellesmere Port, United Kingdom

Robert

Sweden

Ask John a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • John    Dec 18, 2023

    Dollar has gone so high and economy is yet to stabilize

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  • John    Jun 8, 2021

    Following dowing of economy, my business went down completely and closed up. I am working hard day and night to make it happen again.

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  • John    Jun 8, 2021

    The business went down and closed due to poor performance of the economy. am working hard day and night to make it happen again

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  • John    May 10, 2021

    The business closed down due to economy doing so poorly

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  • John    May 2, 2021

    Currently i closed my business due to economy doing so poorly. I am working hard to start paying little by little

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  • John    Feb 21, 2021

    Business went down completely and ran out of stock and i closed. Currently am just managing, and the little that I get i make partial payment however small it might be.

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  • Janice    Feb 1, 2021

    He will be rescheduling his loan accordingly since he does not get the money to service the loan as planned.

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  • John    Jan 20, 2021

    Currently I do not have any running business. It closed due to covid-19 when all my capital sank down.

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  • John    Dec 29, 2020

    Hello, my repayment amount per week is 50 ksh...i have already paid....is there any changes on minimum instalment ?? This is because i received a text concerning my due payment!!!

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  • Janice    Dec 29, 2020

    He will be able to send his part payment as from next week.

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  • Janice    Nov 26, 2020

    John is expecting for funds from elsewhere to service his loan during this tough times.

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  • John    Nov 26, 2019

    hello lender, things are turning around in a good-way.. the business is picking gradualy . hoping for a better pick during this december holiday

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  • John    Oct 18, 2019

    hello lenders, it has been a long journry for my business but there is a new hop, working hard to see it performing. i decided to change business to selling of ladies shoes. its working , its picking , a new hop and a new grace.

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  • John    Sep 25, 2019

    my business has gone down and i cannot manage to pay as before

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  • John    Feb 28, 2019

    Hello dear lenders, here I am to inform you that I begun a new business of selling ladies shoes since my previous business of selling home detergent failed completely and I closed it. My new business is now two weeks in place called thika-kenol. Am working hard to maintain clean credibility record and see helping out people that are in need.

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  • John    Jan 17, 2019

    currently my business went down closed off, am in the process of opening a different one in a different place. am looking forward that it will work,. am really sorry for the delay.

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  • John    Oct 29, 2018

    the businesses is so so much down.

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  • John    Oct 31, 2017

    Business has gone down following the disruption of customer flow due to ongoing election

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  • John    Apr 18, 2017

    I would like to reduce my installment so that i cam manage to finish up the construction. Thank you Zidisha lenders for your continued support.

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  • Mary    Apr 12, 2017

    Your shop is looking great John, Please post photos of the progress. Think about adding a rental unit for additional income. Regards, Mary

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