Add dresses / suits to used clothes shop to accommodate office workers
Cynthia
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Cynthia
Member since
February 2014
On-time repayments
356 installments • 29%
About Me
my name is Cynthia i live in huruma roundabout i am a firstborn in family of four siblings i decided to venture into business to solve my family's financial issues,to save money to pay my sisters fees and also further my education i did my kcpe in 2005 and joined high school i sat my kcse and passes i learned computer packages and decided to start business i sell clothes and bake cakes the prosits from my business i bought a sewing machine i need to expand my business to yield more profit if i get the loan my business will flourish and i will be able to expand my consumer and customer territory i will also be able to support my siblings and also promptly pay the loan
My Business
i sell clothes that yield a profit of $12daily when business is good but when business is bad i get $10 profit daily i also bake cakes which i sell at $ 22per 1.5 kg for marble and $ 31 for fruit cakes per kg i need a loan to expand my business to buy mannequins to hang my clothes and add stock to my shop and also buy more items for my cake shop to enable me increase my labour to atleast two people i also need to expand my shop and start selling women inner clothing lingerie beauty products and shoes both male and female shoes
Loan Proposal
i am requesting this loan to meet the needs of my customers and also fend for my family. i need the loan to increase my stock of clothes to bring stock of dresses and official suits to meet the demands of my increasing number of customers especially the office going customers. i also need the loan to finance my cake baking business i need to purchase big baking pans, a big oven, cake stands of different shapes and a bigger mixer to be able to keep my wedding cakes to the required threshold
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Mar 3, 2014
Repayment status
On Time
Projected term
2 months
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