I am forever grateful to the zidisha team for giving me this opportunity to raise funds to expand my second hand cloth b...
Dick
Homa Bay, Kenya
2% repaid
Entrepreneur
Name
Dick
Member since
January 2014
On-time repayments
271 installments • 0%
About Me
I am in the business second hand clothes the are in high demand because they are more affordable as compared to the new clothes. In this business one has to be savvy with what is current in the street fashion so I go for clothes that are fashionable and sell them at affordable prices.
This business no major risks as it is highly profitable. I restock fortnightly and one bale goes for ksh. 18 000. My daily sales on average is ksh. 6 500 and I sell six days a week which brings my total sales to ksh. 39 000. Other expenses incurred inlude travel and accommodation costs that come to about ksh.6 000. After all the deductions my profits comes to ksh. 15 000. (fortnightly)
I intend to invest the loan money in this business and buy two bales instead of one. I will effortlessly repay the loan from the profits from my business.
My Business
I am a 27 year old Kenyan male, married with one beautiful daughter. I live in a town called Homa Bay in Kenya. I am a marketer by profession. I hold a bachelors degree from Kenyatta University. I have always been passionate about entrepreneurship since my childhood days and this drove me to start my own business. I plough back most of my profits into the business to enable it grow. I plan to open shop in neighboring towns in the near future to try and solve the problem of unemployment among my peers.
Loan Proposal
I intend to use the loan money to purchase new stock for my second hand cloth business. A bale of second hand clothes costs ksh. 18 000.
With the new stock I will not only be able to meet the high demand of my highly esteemed customers but also attract new buyers, this will in turned increase my daily sales hence the profit margins will increase and also help me have an edge over my competitors because with this loan expansion of my second hand cloth business will be effortless.
I hereby take this opportunity to urge lenders to help me purchase a new stock for my business and help me grow my customer base, increase my sales and the profitability of my second hand cloth business. Thank you in advance.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Feb 3, 2014
Repayment status
Late
Projected term
63 months
Lenders
Austin, United States
Ipswich, United Kingdom
Summary
Amount repaid
$7.00
Amount remaining
$289.93
Expected completion
Apr 24, 2019
Status
Repaying late
Installment amount
$1.12
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 11, 2014 | $0.00 | ||
| Feb 18, 2014 | $5.88 | Mar 31, 2014 | $5.88 |
| Feb 25, 2014 | $0.00 | ||
| Mar 4, 2014 | $0.00 | ||
| Mar 12, 2014 | $0.00 | ||
| Mar 19, 2014 | $0.00 | ||
| Mar 26, 2014 | $0.00 | ||
| Apr 2, 2014 | $0.00 | ||
| Apr 9, 2014 | $1.12 | Apr 8, 2014 | $1.12 |
| Apr 16, 2014 | $0.00 | ||
| Apr 23, 2014 | $0.00 | ||
| Apr 30, 2014 | $0.00 | ||
| May 7, 2014 | $1.12 | ||
| May 14, 2014 | $1.12 | ||
| May 21, 2014 | $1.12 | ||
| May 28, 2014 | $1.12 | ||
| Jun 4, 2014 | $1.12 | ||
| Jun 11, 2014 | $1.12 | ||
| Jun 18, 2014 | $1.12 | ||
| Jun 25, 2014 | $1.12 | ||
| Jul 2, 2014 | $1.12 | ||
| Jul 9, 2014 | $1.12 | ||
| Jul 16, 2014 | $1.12 | ||
| Jul 23, 2014 | $1.12 | ||
| Jul 30, 2014 | $1.12 | ||
| Aug 6, 2014 | $1.12 | ||
| Aug 13, 2014 | $1.12 | ||
| Aug 20, 2014 | $1.12 | ||
| Aug 27, 2014 | $1.12 | ||
| Sep 3, 2014 | $1.12 | ||
| Sep 10, 2014 | $1.12 | ||
| Sep 17, 2014 | $1.12 | ||
| Sep 24, 2014 | $1.12 | ||
| Oct 1, 2014 | $1.12 | ||
| Oct 8, 2014 | $1.12 | ||
| Oct 15, 2014 | $1.12 | ||
| Oct 22, 2014 | $1.12 | ||
| Oct 29, 2014 | $1.12 | ||
| Nov 4, 2014 | $1.12 | ||
| Nov 11, 2014 | $1.12 | ||
| Nov 18, 2014 | $1.12 | ||
| Nov 25, 2014 | $1.12 | ||
| Dec 2, 2014 | $1.12 | ||
| Dec 9, 2014 | $1.12 | ||
| Dec 16, 2014 | $1.12 | ||
| Dec 23, 2014 | $1.12 | ||
| Dec 30, 2014 | $1.12 | ||
| Jan 6, 2015 | $1.12 | ||
| Jan 13, 2015 | $1.12 | ||
| Jan 20, 2015 | $1.12 | ||
| Jan 27, 2015 | $1.12 | ||
| Feb 3, 2015 | $1.12 | ||
| Feb 10, 2015 | $1.12 | ||
| Feb 17, 2015 | $1.12 | ||
| Feb 24, 2015 | $1.12 | ||
| Mar 3, 2015 | $1.12 | ||
| Mar 11, 2015 | $1.12 | ||
| Mar 18, 2015 | $1.12 | ||
| Mar 25, 2015 | $1.12 | ||
| Apr 1, 2015 | $1.12 | ||
| Apr 8, 2015 | $1.12 | ||
| Apr 15, 2015 | $1.12 | ||
| Apr 22, 2015 | $1.12 | ||
| Apr 29, 2015 | $1.12 | ||
| May 6, 2015 | $1.12 | ||
| May 13, 2015 | $1.12 | ||
| May 20, 2015 | $1.12 | ||
| May 27, 2015 | $1.12 | ||
| Jun 3, 2015 | $1.12 | ||
| Jun 10, 2015 | $1.12 | ||
| Jun 17, 2015 | $1.12 | ||
| Jun 24, 2015 | $1.12 | ||
| Jul 1, 2015 | $1.12 | ||
| Jul 8, 2015 | $1.12 | ||
| Jul 15, 2015 | $1.12 | ||
| Jul 22, 2015 | $1.12 | ||
| Jul 29, 2015 | $1.12 | ||
| Aug 5, 2015 | $1.12 | ||
| Aug 12, 2015 | $1.12 | ||
| Aug 19, 2015 | $1.12 | ||
| Aug 26, 2015 | $1.12 | ||
| Sep 2, 2015 | $1.12 | ||
| Sep 9, 2015 | $1.12 | ||
| Sep 16, 2015 | $1.12 | ||
| Sep 23, 2015 | $1.12 | ||
| Sep 30, 2015 | $1.12 | ||
| Oct 7, 2015 | $1.12 | ||
| Oct 14, 2015 | $1.12 | ||
| Oct 21, 2015 | $1.12 | ||
| Oct 28, 2015 | $1.12 | ||
| Nov 3, 2015 | $1.12 | ||
| Nov 10, 2015 | $1.12 | ||
| Nov 17, 2015 | $1.12 | ||
| Nov 24, 2015 | $1.12 | ||
| Dec 1, 2015 | $1.12 | ||
| Dec 8, 2015 | $1.12 | ||
| Dec 15, 2015 | $1.12 | ||
| Dec 22, 2015 | $1.12 | ||
| Dec 29, 2015 | $1.12 | ||
| Jan 5, 2016 | $1.12 | ||
| Jan 12, 2016 | $1.12 | ||
| Jan 19, 2016 | $1.12 | ||
| Jan 26, 2016 | $1.12 | ||
| Feb 2, 2016 | $1.12 | ||
| Feb 9, 2016 | $1.12 | ||
| Feb 16, 2016 | $1.12 | ||
| Feb 23, 2016 | $1.12 | ||
| Mar 1, 2016 | $1.12 | ||
| Mar 8, 2016 | $1.12 | ||
| Mar 16, 2016 | $1.12 | ||
| Mar 23, 2016 | $1.12 | ||
| Mar 30, 2016 | $1.12 | ||
| Apr 6, 2016 | $1.12 | ||
| Apr 13, 2016 | $1.12 | ||
| Apr 20, 2016 | $1.12 | ||
| Apr 27, 2016 | $1.12 | ||
| May 4, 2016 | $1.12 | ||
| May 11, 2016 | $1.12 | ||
| May 18, 2016 | $1.12 | ||
| May 25, 2016 | $1.12 | ||
| Jun 1, 2016 | $1.12 | ||
| Jun 8, 2016 | $1.12 | ||
| Jun 15, 2016 | $1.12 | ||
| Jun 22, 2016 | $1.12 | ||
| Jun 29, 2016 | $1.12 | ||
| Jul 6, 2016 | $1.12 | ||
| Jul 13, 2016 | $1.12 | ||
| Jul 20, 2016 | $1.12 | ||
| Jul 27, 2016 | $1.12 | ||
| Aug 3, 2016 | $1.12 | ||
| Aug 10, 2016 | $1.12 | ||
| Aug 17, 2016 | $1.12 | ||
| Aug 24, 2016 | $1.12 | ||
| Aug 31, 2016 | $1.12 | ||
| Sep 7, 2016 | $1.12 | ||
| Sep 14, 2016 | $1.12 | ||
| Sep 21, 2016 | $1.12 | ||
| Sep 28, 2016 | $1.12 | ||
| Oct 5, 2016 | $1.12 | ||
| Oct 12, 2016 | $1.12 | ||
| Oct 19, 2016 | $1.12 | ||
| Oct 26, 2016 | $1.12 | ||
| Nov 2, 2016 | $1.12 | ||
| Nov 8, 2016 | $1.12 | ||
| Nov 15, 2016 | $1.12 | ||
| Nov 22, 2016 | $1.12 | ||
| Nov 29, 2016 | $1.12 | ||
| Dec 6, 2016 | $1.12 | ||
| Dec 13, 2016 | $1.12 | ||
| Dec 20, 2016 | $1.12 | ||
| Dec 27, 2016 | $1.12 | ||
| Jan 3, 2017 | $1.12 | ||
| Jan 10, 2017 | $1.12 | ||
| Jan 17, 2017 | $1.12 | ||
| Jan 24, 2017 | $1.12 | ||
| Jan 31, 2017 | $1.12 | ||
| Feb 7, 2017 | $1.12 | ||
| Feb 14, 2017 | $1.12 | ||
| Feb 21, 2017 | $1.12 | ||
| Feb 28, 2017 | $1.12 | ||
| Mar 7, 2017 | $1.12 | ||
| Mar 15, 2017 | $1.12 | ||
| Mar 22, 2017 | $1.12 | ||
| Mar 29, 2017 | $1.12 | ||
| Apr 5, 2017 | $1.12 | ||
| Apr 12, 2017 | $1.12 | ||
| Apr 19, 2017 | $1.12 | ||
| Apr 26, 2017 | $1.12 | ||
| May 3, 2017 | $1.12 | ||
| May 10, 2017 | $1.12 | ||
| May 17, 2017 | $1.12 | ||
| May 24, 2017 | $1.12 | ||
| May 31, 2017 | $1.12 | ||
| Jun 7, 2017 | $1.12 | ||
| Jun 14, 2017 | $1.12 | ||
| Jun 21, 2017 | $1.12 | ||
| Jun 28, 2017 | $1.12 | ||
| Jul 5, 2017 | $1.12 | ||
| Jul 12, 2017 | $1.12 | ||
| Jul 19, 2017 | $1.12 | ||
| Jul 26, 2017 | $1.12 | ||
| Aug 2, 2017 | $1.12 | ||
| Aug 9, 2017 | $1.12 | ||
| Aug 16, 2017 | $1.12 | ||
| Aug 23, 2017 | $1.12 | ||
| Aug 30, 2017 | $1.12 | ||
| Sep 6, 2017 | $1.12 | ||
| Sep 13, 2017 | $1.12 | ||
| Sep 20, 2017 | $1.12 | ||
| Sep 27, 2017 | $1.12 | ||
| Oct 4, 2017 | $1.12 | ||
| Oct 11, 2017 | $1.12 | ||
| Oct 18, 2017 | $1.12 | ||
| Oct 25, 2017 | $1.12 | ||
| Nov 1, 2017 | $1.12 | ||
| Nov 7, 2017 | $1.12 | ||
| Nov 14, 2017 | $1.12 | ||
| Nov 21, 2017 | $1.12 | ||
| Nov 28, 2017 | $1.12 | ||
| Dec 5, 2017 | $1.12 | ||
| Dec 12, 2017 | $1.12 | ||
| Dec 19, 2017 | $1.12 | ||
| Dec 26, 2017 | $1.12 | ||
| Jan 2, 2018 | $1.12 | ||
| Jan 9, 2018 | $1.12 | ||
| Jan 16, 2018 | $1.12 | ||
| Jan 23, 2018 | $1.12 | ||
| Jan 30, 2018 | $1.12 | ||
| Feb 6, 2018 | $1.12 | ||
| Feb 13, 2018 | $1.12 | ||
| Feb 20, 2018 | $1.12 | ||
| Feb 27, 2018 | $1.12 | ||
| Mar 6, 2018 | $1.12 | ||
| Mar 14, 2018 | $1.12 | ||
| Mar 21, 2018 | $1.12 | ||
| Mar 28, 2018 | $1.12 | ||
| Apr 4, 2018 | $1.12 | ||
| Apr 11, 2018 | $1.12 | ||
| Apr 18, 2018 | $1.12 | ||
| Apr 25, 2018 | $1.12 | ||
| May 2, 2018 | $1.12 | ||
| May 9, 2018 | $1.12 | ||
| May 16, 2018 | $1.12 | ||
| May 23, 2018 | $1.12 | ||
| May 30, 2018 | $1.12 | ||
| Jun 6, 2018 | $1.12 | ||
| Jun 13, 2018 | $1.12 | ||
| Jun 20, 2018 | $1.12 | ||
| Jun 27, 2018 | $1.12 | ||
| Jul 4, 2018 | $1.12 | ||
| Jul 11, 2018 | $1.12 | ||
| Jul 18, 2018 | $1.12 | ||
| Jul 25, 2018 | $1.12 | ||
| Aug 1, 2018 | $1.12 | ||
| Aug 8, 2018 | $1.12 | ||
| Aug 15, 2018 | $1.12 | ||
| Aug 22, 2018 | $1.12 | ||
| Aug 29, 2018 | $1.12 | ||
| Sep 5, 2018 | $1.12 | ||
| Sep 12, 2018 | $1.12 | ||
| Sep 19, 2018 | $1.12 | ||
| Sep 26, 2018 | $1.12 | ||
| Oct 3, 2018 | $1.12 | ||
| Oct 10, 2018 | $1.12 | ||
| Oct 17, 2018 | $1.12 | ||
| Oct 24, 2018 | $1.12 | ||
| Oct 31, 2018 | $1.12 | ||
| Nov 6, 2018 | $1.12 | ||
| Nov 13, 2018 | $1.12 | ||
| Nov 20, 2018 | $1.12 | ||
| Nov 27, 2018 | $1.12 | ||
| Dec 4, 2018 | $1.12 | ||
| Dec 11, 2018 | $1.12 | ||
| Dec 18, 2018 | $1.12 | ||
| Dec 25, 2018 | $1.12 | ||
| Jan 1, 2019 | $1.12 | ||
| Jan 8, 2019 | $1.12 | ||
| Jan 15, 2019 | $1.12 | ||
| Jan 22, 2019 | $1.12 | ||
| Jan 29, 2019 | $1.12 | ||
| Feb 5, 2019 | $1.12 | ||
| Feb 12, 2019 | $1.12 | ||
| Feb 19, 2019 | $1.12 | ||
| Feb 26, 2019 | $1.12 | ||
| Mar 5, 2019 | $1.12 | ||
| Mar 13, 2019 | $1.12 | ||
| Mar 20, 2019 | $1.12 | ||
| Mar 27, 2019 | $1.12 | ||
| Apr 3, 2019 | $1.12 | ||
| Apr 10, 2019 | $1.12 | ||
| Apr 17, 2019 | $1.12 | ||
| Apr 24, 2019 | $0.46 | ||
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