Entrepreneur
Name
Sipho
Member since
October 2016
On-time repayments
163 installments • 9%
About Me
i deal in second hand clothes which have made me sustain myself and helped me take myself to school and with the clothes that remain i usually help out the expectant mothers who find themselves giving birth and have nothing to clothe there .I mostly buy children clothing.Then when business is slow i exchange the clothes with maize as it is a staple food it sustains me with other things.
My Business
it,s on cash and sale.
if the clothes are good second hand gives a 100% profit.
if not so good i make a 30% profit.
I sell from my neighbourhood small market.
i have to market myself and advertise.
if possible follow my clients door to door
Buy clothes that season
a good bell costs about 2500
i love it because i dress the local people that cant afford to buy clothes in a shop and the people are always ready to buy from me because i accomodate or the people.
Loan Proposal
I will improve my bussiness and make more attractive to invite more people to get intrested in my clothes help me buy hangers and more displaying items and atlist get a good shade space for myself and be able to pay someone to help out as at times it becomes busy and demanding as i need assistance that on my own it becomes a challenge.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$177.00
Date disbursed
Oct 28, 2016
Repayment status
Late
Projected term
38 months
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