Clothing inventories

Linet Magero

Busia Marachi, Kenya

100% repaid

Entrepreneur

Name

Linet Magero

Location

Busia Marachi, Kenya

On-time repayments

197 weekly installments  •  93%

About Me

I am a thirty five year old kenyan female born in a family of two. i was raised up by my parents in the villages surrounding busia. i went to busia airstrip primary school our lady of mercy high school where i did my o levels.later i joined makerere university where i did a degree in economics.after sometime of job searching i was employed as afield officer at some non govenmental organisation in busia. i enjoy my work and put in the necessary effort. this has seen me promoted to assitant manager position.

My Business

i have worked for sometime but realized that my income cannot support all my needs as i cannot fully support my family,continue with education and other ventures.this has made me to start running a small business where i buy some household goods such as soap clothes and others.my business is doing well and i see myself somewhere after sometime.in a month i get about 3000 dollars as revenue and 1000 dollars as profit.i use my time after work visit potential customers and this makes me fell i use my time well.

Loan Proposal

Am hoping that when i get this loan, still i want to enlarge my business like i want to increase stock by$60 i.e clothes will take like $40, scarfs will take like $10, without forgetting belts will also take portion of $10. Am foreseeing less disappointments to my customers as will have constant supply of goods. I expect a profit margin of like $30.

My Videos

Aug 18, 2021: My clothing business

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$61.57

Date disbursed

Apr 27, 2017

Repayment status

On Time

Projected term

14 months

Cost to entrepreneur

Service fee: 5% of $61.57 = $2.76

Lenders

Hype1

Ashburn VA, United States

S

Stephan

Netherlands

Isabella

UK, United Kingdom

Elise E

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Hans Moor

Vorden, Netherlands

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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