Expanding my clothing stall

John Kimemia

Eldoret, Kenya

100% repaid

Entrepreneur

Name

John Kimemia

Member since

March 2016

On-time repayments

296 installments  •  80%

About Me

I come from a humble background where enrolled to a form four level.
Due to lack of school fees my studies ended there.
I start as a hawker then employed for some years till now I own my business .
Our land is on a valley where there are several rivers. We use fish and bath in this rivers. There is a forest that it suround our land and we use to hunt wild animals in it.
My child want to be a doctor when he grows up, this make me feel good because this was my wish when I was young like him.
In my childhood I love hunting wild animals and gathering wild fruits.

My Business

I am operating a clothing stall in CBD where I sell all kinds of wear. Due to demand of fashions my business is doing well and profit had risen from 5%to8%.
I chose this kind of business because in my area there are few people dealing with it.
I started with small cost but in term of revenue it is collected annually which make easy to raise.
I use my profit to reinvest, and the the remaining I pay school fees of my child whose is in kindergarten.

Loan Proposal

With the help of the fund I will purchase all kind of malimali that is :shirts, soaks, bras, vests, panties, boxers, stockings, hairbud, Marvin's, handkerchiefs, Boe ties, ties, caps and belts all unisex. This increase sales and profit rise and expand my stall. I will add one staff hence giving back to community. I expect my profit rise to 8500KSH per week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$691.19

Date disbursed

Aug 15, 2018

Repayment status

On Time

Projected term

17 months

Cost to entrepreneur

Service fee: $29.12

Credit risk payment: $145.62

Lenders

J

JeanSmith

Mercer County, United States

MakeSense

-, St. Kitts and Nevis

Cloudways

Malta, Malta

Andreas1974

Fristad, Sweden

K

katykoo

New York, NY, United States

mikeice

Kohler, United States

Z

zvrk2014

Brookline, MA, United States

N

nswanberg

United States

S

sarah4d2

Saint Louis, United States

J

jsbisa

New Orleans, Louisiana, United States

K

Keith

Luxembourg

Michel Bavin

Antwerp Area, Belgium

M

me.iulian

Iasi, Romania

Mike and Jacqui

United Kingdom

JL

Joao Leal

United Kingdom

A

AER

Germany

Karijn

Amsterdam, Netherlands

W

Wade

United States

Dayton

Vancouver, Canada

DF

Daniel Fehr-Krahn

Winnipeg, Canada

JK

Hamburg, Germany

KL

Ket Lin

United States

C

cota

United States

A

Andrei

United States

Arnaud M

Sydney, Australia

Thomas

Sweden, Sweden

LD

Luã de Souza

Sydney, Brazil

E

EABF

Netherlands

GC

Greger Cronquist

Göteborg, Sweden

Bart Vogelzang

Ladysmith BC, Canada

Ellen

Michigan, United States

M

Mark

Toulouse, France, France

L

Lastoni

United States

M

Margaret

United States

Bo Rosén

Eslöv, Sweden

JF

J Fister

United States

Salvatore Martello

New York, New York, United States

R

RMIM

United States

B

Brian

Rancho Cordova, United States

M

Mary

United States

Keith Chan

Toronto, Canada

Nethanel Kohen

NYC, United States

S

SmartDoDo

Utrecht, Netherlands

L

lysander

Australia

Iris

Netherlands

United States

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