Clothing sales

Peter

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $82 goal

days left

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How it Works

Entrepreneur

Name

Peter

Member since

February 2016

On-time repayments

19 installments • 68%

About Me

Iam Peter Wanjala,aged 28 years old.I grew up as first born in a family of five childrens.
My parents both were not working but depended on farming.Raising school fees was not easy.I had take care of our cows and assist them in farming to raise my school fees.
I completed Secondary in the year 2009.My uncle who unfortunately died gave me kshs 5000 to start a business.
I started a small business to help parents raise fees for my younger sibilings.It was not easy for a new start but as time went i started raising something small.

My Business

Selling Jackets

I do sell Jackets.They are too demanding especially during rainny season.
Jackets are not much seasonal.Everyone want to put on a jacket early in the morning and in the evening.
One bale of Jackets costs kshs 12000.In a month i requre like five bales but due to financial problem,i go for two bales.
I use the profit to pay fees for my younger sibilings,my kid and general home improvement.

Loan Proposal

ADDING STOCK
During this Christmas season,i have been able to sell more jackets.I realized i lacked variety of jackets,otherwise i would have made a good sale.
I require 3 bales of jackets.Each one is costing $120.Already i have $240 for 2 bales.I will be glad if offered the loan to get the 3 bales.
I do expect more profit of $70 from each bale.This is because of cold weather and back to school.