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

None

None

None

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

Ask James a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • James    Dec 4, 2017

    There has been an election crisis in our country and it affected sales greatly. Please understand my situation and give me consideration. Thank you.

    Yours James.

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  • James    Sep 8, 2017

    Hi,
    I received the loan and it has helped me continue expand my business. There's increase of customers due to the boost and it is already helping me realize my dream.
    Thank you again Team Zidisha.

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  • James    Aug 30, 2017

    Hi,
    I haven't received the loan yet it was fully funded and it has already been three weeks since. Any idea when I might receive the funds? My business needs the loan as soon as you can avail it. Thank you.

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  • James    Aug 9, 2017

    Hi,
    I thank you all for granting me this loan.
    I intend to increase inventory for my business. This includes addition of Khaki trousers that are now in great demand as well as stock my normal fast moving products such as vests and boxers.
    This will help increase my returns and profits as well as grant me the opportunity to see my dream come to fruition of supporting some relatives who are in desperate need of my assistance.
    Thank you.

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  • James    Aug 2, 2017

    Hi,
    Thank you for the previous loan. I was able to increase vests and socks plus other small items to my inventory. This helped me meet some orders from some of my clients as well as satisfy some orders from new clients who had expressed interest and placed orders.
    The profits were reverted back to my business and I am proud to say that your assistance is and has helped me grow my business. This I can not thank you enough for. Thank you again.

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  • James    Jul 16, 2017

    Zidisha, you are a God send. Than you for your assistance in helping me make more steps toward a brighter future. Cheers.

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  • James    Jul 1, 2017

    I wish to thank my lenders for according me this loan that will go a long way in helping me expand my business and meet the orders from some of my clients.
    I have purchased two dozen pairs of socks and will be sending them to my clients who have already placed some orders.
    Thank you again and continue offering assistance to those you can.

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  • James    Jun 27, 2017

    Thank you for your invaluable assistance in helping me make a step closer to attaining my goal.
    I intend to use the loan to increase my inventory through purchase of two extra dozens of socks and half a dozen vests so as to meet demands and orders by some clients and also have stock in the instance I meet new clients.
    This will help me ensure customer loyalty through satisfaction and meeting of their needs through orders and also help me increase my customer base and thus profits.

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  • James    Jun 26, 2017

    From the previous loan I was able to increase my inventory due to increased demand for the vests and socks. I have seen some repeat business as well as some of my customers introducing me to some potential new ones which has increased the desire in me to continue with this business.

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  • James    May 15, 2017

    I wish to thank my lenders for granting my request.
    I received 751 ksh and have already ordered the two dozens of vests as requested by my customers.
    I thank you again for your assistance through this journey.

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  • James    May 9, 2017

    Thank you for granting my loan request. I plan on increasing inventory especially on men's vests whose demand has been increasing over the last few weeks.
    This will help me offer this service to my clients who have accorded me repeat business thus keep them happy which is a major rule in business.
    Thank you.

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  • James    Apr 4, 2017

    Gratitude to my lender. I wish to thank my lenders and inform you that I did receive your loan early today morning.
    it will go a long way in helping stock some items that my customers had requested. Thank you again.

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  • James    Mar 27, 2017

    Thank you. I hope to increase on some of the items ordered that I have not been able to stock as I continue to work on my business so as it can reach even greater heights.

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