Renew stock for my clothing business

Caleb Owuor

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Caleb Owuor

Member since

October 2016

On-time repayments

187 installments  •  84%

About Me

igrew in hardship schooling in rural area but i overcame my hardship through hardwork at school by then my mum was selling clothes when ifinished secondary school she left me in charge of business though with little resources so isecured short term loans to boost the business.i enjoy to see people smart so that is what drove me to business.the most unique thing is that we like visitors.iwant my children to be entrepenuers.ienjoy music alot.

My Business

thank you zidisha. for investing in me currently i run two businesess all courtesy of zidisha the clothing one and the one for tent hire and also working in hospitallity industry which is abig boost to my businesses because that is where i draw my customers.as for the loan im applying today is for another different business venture that is an executive barbershop that will cost around kshs.350000.so iknow my limit has not reached that much but with savings from my two businesses and part of my salary together with loan i am applying will be able to help start this business in aplace
i haveseen an opportunity for an executive barbershop.this will boost me financially and i am going to employ 2 staff permanently and 2 casuals. iwill appreciate if you will fund me.

Loan Proposal

im going to take anew stock of clothing having understood that fashion changes everyday.this new stock will boost my business and will help me to reach out to more customers especially the youth who are my biggest customers and im planning to use social media platform to get more customers.currently iget aprofit of 5 dollars per item but with new fashions ican make aprofit of 10 dollars per item reason being itake abig stock at wholesale price.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$420.54

Date disbursed

Jun 30, 2017

Repayment status

On Time

Projected term

20 months

Cost to entrepreneur

Service fee: $17.68

Lenders

S

soren

Göteborg, Sweden

Paul Buchheit

Mountain View, United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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