1 installment • 100%
My name is Fredrick Owuor from Bondo, Kenya. I am the last born in a family of eight. I went to Baropuk Primary School and then proceeded to Bondo Townsip Secondary School where I sat for Form 4 examinations in 2013. I graduated from Kolpine Vocational Training Center- Thika in 2016 with a certificate in Food and Beverage. I am married with one son who is 2 yrs old.
After college I got a job in a restaurant as a waiter and with small savings I managed to get some capital to start the second hand clothes business.
My business is selling second hand clothes in Bondo Town open air market. I usually buy the second hand clothes from different wholesalers in peaces. This is very costly and therefore the profit margin is small. Apart from selling second hand clothes I also offer catering services in weddings, funerals or home parties. I plan to get a loan to help me buy the second hand clothes in bales as this will help me increase my profit.
I plan to buy more second hand clothes to meet the demands of my customers. The more I increase the stock the more profit I will make and this will help me expand my business in the long run.
I am therefore requesting for a loan of 4686 kes.
Jan 6, 2023: Fredrick at bondo market selling second hand clothes
Pay It Forward
Jan 26, 2023
Cost to entrepreneur
Service fee: $1.94
Pay It Forward contribution: $5.83