clothing business

Ruth

Machakos, Kenya

100% repaid

Entrepreneur

Name

Ruth

Member since

May 2018

On-time repayments

1 installment  •  100%

About Me

Grew up from a poor background, but i used to cut down firewood from my father's land during vacation and sell to neighbours at a profit and by that I was able to get my pocket money to buy shoes, sanitary without relying to parents

My Business

I started with second hand clothes as an hawker ,currently still selling clothes plus sodas ,water, bread, cakes, and blended juice

Loan Proposal

I will buy 60 jumpers and 60Trench coat each at ksh80and ksh 120 and sell them at ksh 150 and 350 respectively within a week or two weeks making a profit of ksh18000.Therefore 60 Jumpers@80(60*150=ksh 9000),trench coat@120(60*350=21000.Net sales ksh 3000=Less Loan of 12000,Profit ksh.18000

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Jul 21, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

Craig

Memphis, TN, United States

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