Clothing retail business

Adamson

Kakamega, Kenya

100% repaid

Entrepreneur

Name

Adamson

Member since

December 2017

On-time repayments

26 installments  •  85%

About Me

I was born in a humble background in and studied in a public primary school at Nakuru Kenya I grew up with a single parent mother and now am in masinde muliro university fourth year of study.Its through my hard wor
k and perseverance in lower set education untill now that I am a success.
Similarly I decided to venture in business to earn revenue to reduce pressure to my guardian.By grandmother offered me a capital and now my business is growing abit,am buy and selling clothes bedsheets,duve and other clothing.The people here in campus like door to door delivery of resources so I'Il hawk around their hostels.Its my pleasure to avail the products to them I like it.

My Business

My business is buying of clothing at wholesale price and selling them at retail price I also deal with mutumba clothing and beddings.This goods are on high demand on youth around.I raise capital of Kes 30,000 and get profit of kes.15000 upon completion my challenges is daily expenditure in daily upkeep as a student too.I use the profits in paying part of school fees and improving my business.

Loan Proposal

I am hereby propose for this loan to buy more stock in the business.This includes;bedsheets,curtains and vests.1 bedsheet@ 3$,1 door curtain@2$ and 1 vest@ 1$ .This makes me convient and efficient in delivering goods.I hope at short-run and or long run my profits will atleast be inceasing.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$36.00

Date disbursed

Mar 21, 2018

Repayment status

On Time

Projected term

3 weeks

Lenders

Catmatlab

Riga, Latvia

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  • Chepkoech    Dec 6, 2018

    I advised Kinyanjui to pay and reschedule his loan according to the amount he can comfortably pay on weekly to avoid negative ontime.

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  • Chepkoech    Nov 2, 2018

    I communicated to Kinyanjui today and I advised him to pay or reschedule his loan according to the amount he can comfortably pay on weekly before he gets enough sales.

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  • Chepkoech    Oct 2, 2018

    I have called and reminded kinyanjui to send his dues immediately. Thank you

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  • Adamson    Aug 15, 2018

    Its my gratitude i received my loan of ksh.13,913 after total deductions.I would use the loan to buy 10 rubber shoes @5$ and khaki trousers @8$.Thank you so much dear lenders.

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  • Adamson    Aug 12, 2018

    Thank you Paul Graham!My loan is fully funded.I would now use the loan to buy rubber shoes and khaki trousers to boost my stock.I am expecting a gross profit increment this month by atleast 10-15%.

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  • Adamson    Aug 11, 2018

    Its my pleasure to let ny lenders know of my progress with zidisha.I have completed my business structure constructions.

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  • Adamson    Aug 5, 2018

    I purchased iron sheets and iron nails.This helped me made a structure which is convinient to my customers in a flexible way.This has increased my sales and profits by 20% compared to door to door delivery.

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  • Adamson    Aug 3, 2018

    Wow! My appreciation goes to all my lenders who are pillars of my business.God bless you!I am glad repaying my loan after i used them to purchase iron sheets in building my business premise structure.Very soon i hope it will be in completion.

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  • Adamson    Jul 16, 2018

    Thank you my lenders i received my loan.You really facilitates budiness be blessed evedytime.I received 92.88$ worth loan,now i have bought 8 iron sheets for business structure constructions @8$.Am hoping to completing the structure soon

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  • Adamson    Jun 29, 2018

    I would buy iron sheets to construct a business structure whereby i will avail and advertise my business anytime.This will make my work convinient,as well as my customers get me easily.

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  • Adamson    Jun 29, 2018

    I used my loan to purchase trousers each worth 2$ and sold @3$ at a profit of 50%....I also bought bedsheeets and door&window curtains @4$&2$ and sell them at 50% orofit margin.The purchase gave confidence as i could have enough stock to supply.My familly enjoys previlleges such as getting first hand goods and favourites as they promote me in buying as well as i promote them by offering them gifts incase of surplus.During holidays such as labour day, i sell more as neighbors' demand is on me whenever they need clothing or bedding.

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  • Adamson    Jun 17, 2018

    I have decided to change my installment because i feel am comfortable in paying larger amount than the previous lot

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  • Adamson    Jun 14, 2018

    Hello zidisha am glad that am able to repay my loan due to the flexible amounts adjustment in the repayment schedule.

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  • Adamson    May 3, 2018

    Its my sincere gratitude to my dear lenders that this time round their loan has made a difference in that availability of clothing materials to my business has improved my intercustomer's confidence has become positive as i could fulfill their wishes and demand in meeting their needs in time.My profit margin has increased by approximately 40% .Its my prayer and wishes that zidisha keep the spirit!

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  • Adamson    Apr 24, 2018

    Thank you..

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  • Adamson    Apr 18, 2018

    I used zidisha loan to buy trousers each worth 2$ and sold @3$ at a profit of 50%....The purchase gave confidence as i could have bulk stock to sell.My familly enjoys previlleges such as getting first hand goods and favourites as they promote me in buying as well as i promote them by offering them gifts incase of surplus.During holidays such as easter i sell more as neighbors' sight is on me whenever they need clothing or bedding.

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  • Adamson    Apr 11, 2018

    Heloo zidisha! Its a great time just to inform all my lenders that i made a loan repayment of 13$ with an ease

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  • Adamson    Mar 27, 2018

    Thanks zidisha.I received my loan of Ksh 3191 on time!Tomorrow am going to buy bedsheets in the business.Thanks to all my lenders.

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  • Adamson    Mar 20, 2018

    I will use the loan to buy bedsheets worth 4$ each.It will help me increase the level of my stock to meet the current customer's demand.Thank you so much my lender,Paul Drozdoff.

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  • Catmatlab    Mar 20, 2018

    good luck!

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