Fashion clothes and money transfer business

Davis

Kiambu, Kenya

100% repaid

Entrepreneur

Name

Davis

Member since

July 2017

On-time repayments

25 installments  •  68%

About Me

Am Davis Mworia.I deal with retailing of fashion clothes marchadise within Kenya, Kiambu county.I own this business entirely.

I started this business back in 2009. I first of all observed around Kiambu county & noticed that fashion clothing busines is a business that was not fully exploited by business persons within Kiambu in terms of knowing what consumers prefer and would like to find on the shelves. I therefore so that as an opportunity and took advantage of it.

My mission is to grow as a un precedented enterpreneuer while meeting clients demand maxmumly & qualitatively.

My business is located within Kiambu town trading centre. Since i set up this business i have seen my customers grow in number over nights. This has therefore motivated me to look forward into expanding my outlets to other trading centres within Kenya.

The reason why my business stands out as the most prefered outlet within Kiambu is because i ensure that all customer demands of clothes are available all the time. I also do online advert. And read alot & observe to ensure that am well updated on what my customers prefer at a given time. Noting clothing business is dynamic. Due to changes in fashion tastes over time.

My short-term goal is to secure financing this year to support the business. A long-term goal is to achieve revenues exceeding $1 million within 10 years.

My Business

My business relies on three areas as a source of capita and maintanace. I work as a teacher part of my salary is used to cater for my business. I also work as a farmer. I sell part of my produse to support and boast my business. I also rely on loans to suppliment the above two sources mentioned.

Loan Proposal

I will commit this loan to many sectors of my business once approved. To begin with part of this loan will be channelled in transportaion of my business commodities some of i import. The remaining amount i can use to pay my employer her salary since i personaly do not directly run it but i have employed a sales person. Other amount will be used to cater for business maintainance and emerging issues.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Feb 4, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

Stefan Koshold

Mülheim, Germany

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