Dresses and tops for my botique

Dorcas

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Dorcas

Member since

April 2015

On-time repayments

55 installments  •  64%

About Me

I started schooling in a school Nakuru, performing well to high school and to my college certificate of animal health. I started working as a pestcontrol official in a company located around kasarani, worked for 2 yrs resigned to start my own business in the gikomba market taking my wares to offices and friends homes. later moved to zimmerman and opened a shop where i have clients living around and others visiting this areas who are amazed by what i do.

in the place i live mostly i have young families and i enjoy their company because of the small children who come along with their parents. we have a wholesome association, telling me of thier new adventures.

i have 1 son who i adore so much and wants to be a proffesional photographer when old enough.

My Business

I deal with second hand clothes. this items are on demand because of their daily routine in life. we need clothing and household items e.g mats curtains, baby clothes our dressing. i choose it because this is an essential need and people in my area have come to appreciate fashion. this kind of business does not require alot of capital and you are able to restock with not alot of money. the stuff i sell is easily affodable to my customers.

i buy my stuff from arange of 10000-20000 giving a revenue of 5000. i do asale of each item at the cost of 350 - 500, some from 800- 1000. some times people tend to compain but we are able to reach to abetter conclusion. mostly i budget my money for sons upbring in buying him his basic essetials to be used in his school and school fees. buying him his school uniforms, clothes that he use at home. my business growth is also very important so i tried hard to add more and new fashions to keep it growing. finally my home improvements i try to buy products for every day use and in case i need anew gadget in my house which i need to budget for sometime.

Loan Proposal

as usual i will visit the gikomba market to choose the best clothing to bring to my shop. half of the money for jackets due to the cold weather that is approching. the rest of the money i will share btw the tops and dresses.
this will help my clients manage the weather and of course be smart whether going to the office or atteding occasions.
i expect a profit margin that is able to pay back the loan and be left with some cash that will manage me an still stock that will have grown.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 1, 2015

Repayment status

On Time

Projected term

2 months

Lenders

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