Further increase of inventory for my clothing business

James

Eldoret, Kenya

5% repaid

Entrepreneur

Name

James

Member since

March 2017

On-time repayments

112 installments  •  14%

About Me

I am James, an upcoming entrepreneur dealing in mean's apparel. I deal in men's shirts, pants, shoes and suits. I also deal in men's vests, boxers and socks. I do sales at my shop and also do deliveries for clients at their offices, homes or preferential locations at an affordable fee. I pride myself in supplying and delivering quality for my clients and derive fulfillment from my customers being happy and satisfied.
I take pride in dealing in men's apparel because I believe we exude who we are by what we wear. It has been a long time coming and I believe that a man can exude his personality and mood at any given time or day by what he chooses to wear.

My Business

It is a humble business but still encompasses variety to fit your needs, be it official shoes to a business suit to casual shoes and sandals for relaxing over the weekend.
I am in pursuit of education and I believe that once I am able to graduate I will be able to give back and help others like me achieve their dreams of getting an education and attain the dreams they do desire.

Loan Proposal

This loan will help my business grow in leaps and bounds. The first plan is to increase stock on khaki trousers that the youth and young individuals have been making orders and requesting if I have made them available. These normally have a wholesale price of 7. 3$ which is now roughly 750 KES per item and retail at 1.1$ or 1200 KES thus making a minimum profit of 400 to 450 KES or 4$.
I will also stock more of my fast moving items such as socks and vests and now also boxers which normally have a very quick ROI. This will help grow my business as well as keep my clientele happy and satisfied which are always key.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$176.00

Date disbursed

Sep 5, 2017

Repayment status

Late

Projected term

22 months

Lenders

G

Goodwill

Oakland, United States

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

JP

Junggiu Park

Seoul, Republic of Korea

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