Zidisha |

Simion

Ndome, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

days left

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How it Works

Entrepreneur

Name

Simion

Member since

April 2013

On-time repayments

12 installments • 0%

About Me

My name is Simion Mwasi Mwalili maried with two children who are all schooling.I live in Mlalakawi village in Ndome Taita-Taveta county in Kenya.I work as sales-man-selling second-hand clothes.My level of education,Im a form four lever.I started this business mainly to earn a living and to educate my family.I purus items from the earnings of my business such as clothes,water,ropes,detergents,soap,parafin,medicine,hangers,sticks etc.Also buy food for my family,pay for transport and pay for school fees etc.Hope to expand my business country wise and sell to those who could not afford the brand new to the second hand but atleast to cover oneself neckedness for that purpose.

My Business

My business is selling of second-hand clothes.It provides the selling of the already used clothes normally sold in open air for people to select for themselves,prices are known to be faverable and conducive for the lessfortunate people in the area/locality.There is high demand in this business because people especially the lessfortunate peolple run for these clothes and especially in Kenya economy the rich are few and the poor are the majority.My customers prefer to my business because clothes are of different types and of fare prices.The business is profitable because one sack of second hand clothes bought in bulky is sold at fare price for instance ksh:10000/= and after selling can get ksh: 30000/=,rsks that face my business are security and unstable economy in my country.My typical monthly income is ksh:35000/= and my monthly expenditure is ksh:20000/= and my profit is ksh 15000/= of which can repay Zidisha loan comfortably.

Loan Proposal

I will use the loan in buying new second-hand clothes to my business so that I improve or actually boost my project/business.Secondly will make sure that I introduce other new second-hand types of clothes to meet the needs of my customers/clients.In so doing will attract and retain many customers and as a result will boost my income in my business.