Clothing production

Prince

Lusaka, Zambia

Funds disbursed

$0 to go

100% funded of $60 goal

0

days left

Entrepreneur

Name

Prince

Member since

November 2016

On-time repayments

16 installments  •  25%

About Me

I am Prince the third born in a family of five boys and one girl. My mother and father were very caring and we lived a happy life with a lot of visitors.Unfortunately my father died when I was about seven and mother had to raise all the five of us by herself.
I had a passion for traditional toy cars and at ten I started making toy cars for my friends who could in return give me money. I could use the same money to buy mealie meal and other food stuffs at home to help my mother.
We continued selling and I become known for my traditional toy cars people could come from different places just to come and get a traditional toy from me.
I realized my performance at school had dropped so, I had to stop making traditional toys and concentrate on my studies. I started avoiding those who wanted toy cars and started going to the library.
When I reached grade seven I did very well and I was selected to grade eight. I continued working hard through to grade nine. I did extremely well at grade nine ad I was among the best five students.
When I was at junior secondary school I was really interested in calculations. So I decided to pursue the accountancy career in the future.
I completed my high school with very good points and studied accountancy programme to fulfil my dreams.
I am a hard working person and I understand that every goal that I set actually comes with a plethora that is attached to that goal so I do not give up easily.
After working for a certain company for three years as a cashier, I realized I need to be my own boss because I believe this could give me an opportunity to specialize in marketing, accounting and fashion industry.
My land,my culture is very unique in the sense that we are a very peaceful nation who believe in oneness,unique food and traditional clothing such as wrappers commonly known as chitenge and chitambala.
During my free time, I work as a volunteer with a local community based organization in improving the community.

My Business

I started a business of providing clothes mainly for the women because I believe that most women are fashion conscious. The clothes that I provide are on demand because the world is now a global village when it comes to fashion and most of them want to move with technology.
The interest to specialize in marketing and fashion industry led me to choose this kind of business, I can just say this is a practical choice.
Mainly I get revenue from the sales to cater for the following costs; rentals, overheads, inventory, daily expenses such market levy and other contributions.
Most of my profits I pay for the school fees, reinvest in growing my business, home improvement and also there is a percentage that I give to the community in form of a contribution to a community based organization.

Loan Proposal

I will buy inventory worth of $49.1 per item costing $ 6.5. I believe this will boost my my sales and i will be able to pay those who assist me in the running of a business also to pay my rentals and other contributions.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$60.00

Date disbursed

Jan 26, 2017

Repayment status

Late

Projected term

2 months

Other loans

Lenders

H

Habroukema

Austin, United States

Matching Fund

Sterling, United States

Matt B

Stratford Upon Avon, United Kingdom

Sinan Taifour

Munich, Germany, Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

JZ

Julia Zaks

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

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