Clothing for my fashion shop

Mwongeli

Machakos, Kenya

100% repaid

Entrepreneur

Name

Mwongeli

Member since

August 2017

On-time repayments

31 installments  •  55%

About Me

my name is mwongeli kivanga .am the seventh born of nine,
my name means addition in our local language .i grew up in a culture of competition where education is valued both as major a transition of life and a tool of empowerment.
in ups and downs of the family bringing,my parents have managed to make me attain q diploma in cooperative management and from my own initiative i have q diploma in business management and q certificate in entrepreneurship.
i believed that these tools will sharpen my passion and career,i began my clothing business after school.

My Business

my business entails clothing,printing and photocopy services. i began the business with the savings i had accumulated while in school.The operation cost is $60 that is rent,transport,and internet supply .the net profit is $150-$200.depending on customer turn up since it's a growing business the profits are used to for keep up and ploughed back in form of stock.till a desired level of income is attained.

Loan Proposal

i will buy clothes ,since it is december and needs for clothing go high,mostly the children and the youth are my target and this will amount to 25,000($250).
this loan will boost my business since it is a boom in the trade cycle
it will also enable me to pay rent and run my business in january when there is a shift in the demand for the goods.
i am looking forward to make a 60% increase during the season compared to the other days.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$211.00

Date disbursed

Dec 20, 2017

Repayment status

On Time

Projected term

3 months

Lenders

Y

Yanque

Madrid, Spain

A

Andrei

United States

BP

Bill Piper

United States

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