Eradicating poverty through business

Willis

Nairobi, Kenya

26% repaid

Entrepreneur

Name

Willis

Member since

June 2015

On-time repayments

58 installments  •  26%

About Me

I was born in pumwani hospital,went to school at Kilimani primary,There after went to City high and have done sales.I became the bread winner in my family unexpectedly but through the challenges it made me stronger mentally and atleast things are not as tough as before.i started my own business through a former schoolmate of mine who encouraged me and i joined him.the uniqueness of the culture where i live is multiehtnic and you learn some good qualities like being good neighbours, to each other,hard work,togetherness and love amongst different cultures.I want my children to be model citizens and to do what there talent,skills and education enables them as long as they do not violate the rights of there fellow humans and the law of God.During my pass time i like reading articles that inspire me about people,quotes and also articles that broaden my knowledge about people,places and things.

My Business

My business deals with buying clothes and selling.By buying more clothes i will be expanding my business thus having more variety and giving my customers a wider range of clothes to choose from.there is a big demand for quality clothes that my customers keep asking for all the time because they last longer and makes you unique cause they are the latest clothes in the market.I have good taste in clothes and also it was easy to start with minimum capital.I also feel good when my customers tell me they were complimented on there dressing.I can invest something between 15000 to 20000 kenya shillins within a week when business is good and make an average of 5000 to 6500 kenya shillings in a day.Education is the key to success,so i try to give my children the best i can offer,i reinvest also in growing my business and most important try to save a little.

Loan Proposal

With the loan i will grow my business stock and add variety to what am selling.Will bring in t shirts and more jackets and also trousers to give my clients a variety of options to choose from.The jackets go for about five dollars to six dollars and i hope to sell them at ten to twelve dollars.I will also add to my stock of sweat pants and pants by bringing in more quality stuff at three dollars sweat pants to sell at five dollars and sweat shirts at also three dollars to sell at five dollars.With the growth in my business i know the benefits will help my family to have a better life,help my mother more and also my brothers and sisters.I expect my profit to increase drastically by more than half because i will be giving my customers more variety and a wider range of stock to choose from thus increasing my profits.A happy customer will buy more and also i believe refer his friends to my business thus increasing more profits.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$194.00

Date disbursed

Oct 14, 2015

Repayment status

Late

Projected term

11 months

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H

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M

michaelangers

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L

leeirel

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D

DaveH

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S

sersche

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J

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K

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B

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U

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mmisoo

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F

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