Funds to expand my clothes & household sales business

Joyce

Thika, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Joyce

Member since

March 2015

On-time repayments

43 installments • 65%

About Me

My names are Joyce Mwangi. I am a business oriented lady with a background training IT and business management. I have worked in IT field for a while until I quit to concentrate on my online business of selling clothes and household items.
I have experienced a tremendous growth in my business since it started and now want to grow it further.

My Business

My business involves selling both male and female clothes online. I started the business 6 months ago from my savings and so far, I have managed to build a large base of customers. Currently, my customers have started enquiring about clothes for kids which I do not stock. I now want to expand my business and stock them since I already have a ready market. Am short of resources and I kindly request Zidisha lenders to help me raise the money so as I can be able to fund my business.
Am able to reach a bigger number of clients through my online selling through social media. Mostly, I get so many referrals through the same social medias and that is how I have been able to grow my clientele base.
Monthly, I make around Kes 30,000 and with the introduction of kids cloths, I target the sales to rise upto Kes 45,000. Profits made will be used to repay the loan.

Loan Proposal

I will use the funds to introduce a new line of clothes; kids clothes. I only sell adult clothes. Most of my clients require kids clothes since most of them have families with small kids. I do not have funds this clothes for sale. Am seeking funds from lenders so as I can be able to meet this demand.