Help me buy one bale of second hand cloths(mitumba)

Daniel

Molo, Kenya

7% repaid

Entrepreneur

Name

Daniel

Member since

February 2015

On-time repayments

34 installments  •  71%

About Me

My names are Daniel Owino.I am from a family of four and am the second born.I have had both my primary and secondary level in molo primary and secondary respectively.After high school i was not able to proceed further since both my parents are just a peasant farmers.So after school i started farming with my farther then after savings i started my own business of selling clothes both new and second hand.

My Business

In my shop i sell both second and new clothes to the locals.I also take my commodities to several market open market places.Due to good quality at reasonable prices am able to attract so many customers and am always on demand at all the time hence allowing me to get more profit.I choose this kind of business because it required less capital to start,no special education and also i realized i have good customer relation.Last but not least i started this business to earn a living and it's really supportive to both me and my family.

Loan Proposal

Thank you very much lenders for your kind support my last loan really helped me to improve my business standard.Now i come to you again to hep me buy a one bale of second hand cloths(mitumba) at $200.This is cheaper as compared to buying in smaller quantity.Also it will increase my profit by at least 30% because i will be selling to other small business people who will be going to resale hence serving large number of customers.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$192.00

Date disbursed

Jun 16, 2015

Repayment status

Late

Projected term

5 months

Other loans

Lenders

PG

Paul Graham

United States

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