Increase of stock for my boutique

Angeline

Nairobi, Kenya

Funds disbursed

$0 to go

100% funded of $100 goal

0

days left

Entrepreneur

Name

Angeline

Member since

July 2015

On-time repayments

20 installments  •  0%

About Me

my name is Angeline kwamboka beldina. i come from kisii county in kenya. i come from a very poor background, and in a family of four. during my schooling years i went through a lot given that my parents were not able to pay for my school fees and i only depended on donors and bursary forms .
My whole life was full of struggles given that i had other siblings who really needed my attention. i had to repeat some classes due to lack of funds until i found a sponsor who saw me through primary school and part of secondary. My learning was a sad story that i cry every time that i tell it. Through the hardships i managed to complete my high school and go to university.
while at the university i started a small business of selling second hand clothes to girls in our college. Eventually this dream developed till i opened a boutique that now operates full time. where i come from people are very supportive and always united.
when my children grow up i pray that they be whatever it is they dream is. I will work hard in order to support there dreams. when i was growing up i loved to sing so much and up until now i still wish that i can still sing.

My Business

I sell clothes, mostly designer clothes and women accessories. women clothes are all about fashion and the need to outdo each other. fashion does not stay for long so many people always aspire that they keep in trend with fashion. On that note, this clothes especially the women clothes are always in demand no matter the season or the time.
on a normal day, given that i have enough stock i can make profits of up to kshs200 on a single item of cloth. translating that to a monthly income it becomes over ksh6000 but on a single item. on a monthly basis i also use around ksh4500 to pay rent and other small charges like license which cost around kshs 1500.
I use this profits to educate my remaining brothers and sister and the remaining i inject it back to the business.

Loan Proposal

I will buy around 40 dollars worth of women dresses which have already been ordered by my clients and also 50 dollars worth of the new generation handbags which already have been ordered. i will also add this months profit to the sum in order to enable me buy some three pairs of ladies import shoes that a client has ordered for a wedding that is up coming.
From this sales my profits will increase by around 120 dollars in the month and i hope to increase that by inject more profit to my capital revenue.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 5, 2015

Repayment status

Late

Projected term

4 months

Lenders

C

Christian

Saarbruecken, Germany

mbunifu

San Jose, United States

Zidisha

Sterling, United States

AdvancingCompassion

San Diego, United States

fairspirit

Utrecht, Netherlands

M

merk85

United States

mepster

San Francisco, Ca, United States

T

Tim47

United States

Roy

Espoo, Finland

HS

Hayley Summers

United Kingdom

H

Hakon

Drammen, Norway

JD

Jeff DePree

United States

Jason Ormand

New York City, United States

Christopher Hey

Sudbury, Canada

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Loading...

Loading...

Loading...