Clothing sales

Philip

Nairobi City, Kenya

Funds disbursed

$0 to go

100% funded of $110 goal

days left

Follow Philip

How it Works

Entrepreneur

Name

Philip

Member since

January 2017

On-time repayments

85 installments • 32%

About Me

I'm Philip Matara, Kenyan currently living in Nairobi's Lucky Summer estate.I did my primary education level at Dudi primary school later on went to Ober secondary school ware i sat my K.C.S.E. I've had a dream of pursuing my engineering course which later gave me a dream of being a being such an innovative business man.through my invention of using a dry cell and a bulb drove me into pursuing an engineering course.My second business was selling ladies attire, i started this due to high demand of ladies attire in our engineering school. The profit i gained from selling of clothes made me start selling groceries since in my estate there was high demand for them, then later on,i started he two businesses of lathe machine operation. I'm a business man running five businesses but specializing in Electrical engineering as a profession.

My Business

I specialize in electrical installation as my career course, i supply female attire due to high demand and arising modern fashion in every environment.I also sell grocery due to high demand of them from my estate and the last the last business is operation of lathe machine as part time business of my career.
In my boutique at times a get a profit of ksh.2000 in a day due to my ready customers and former schoolmates.this is on lower side.
From the electrical installation business i get a minimum of ksh.10000 in a week which at times varies, at times i can get ksh. 12000 in a week depending on the number of customers i serve in a week.
I use this profits to pay my workers since i cannot run four businesses without help, i also have one kid whom i cater for her school fees then the rest i invest.

Loan Proposal

ill use my loan to bring more bales on my boutique, one bale costs usd.40 then i do take two bales so i need the loan to add more bales due to my increment in customers. This will help me open up a larger boutique and also start up a shoe business which i already have in mind.I expect twenty dollars profit in each bale which is very possible based on my customers.