Increase stock for my clothing business

Gladys Oyo

Elderet, Kenya

100% repaid

Entrepreneur

Name

Gladys Oyo

Location

Elderet, Kenya

On-time repayments

113 weekly installments  •  62%

About Me

My Name is Gladys Oyo.I was born in the 1956 in Trnzoia County in North Rift valley .
I attended Primary School between the year 1963 to the year 1972 in Kiminini Primary School,
The in the year 1973 I joined St, Brigid High School in Kitale.But due to lack of School fees I did not continue with my high School education but stopped in the first 'year.
In 1975 to 1976 I Joined Tisese College for nursery teaching Profession which I did for two years and came out with a certificate in teaching .
I overcame the hardship after I saved money to start my own Business in the town of Eldoret and began to enjoy my own income .
Am a widow and I Have 3 Grown up Children one Son and 2 daughters and they are all independence.
My son is A water science person and my daughters one in security forces and one is a teacher.
My hobby is reading the Bible and singing spiritual songs.

My Business

I sell second hand clothes in the market in the city of Elodoret.
They are in demand as compare to brand new clothes which are so expensive in prices .
I chose this kind of Business because I am talented and because it is easy to start and because I just stay just next to the market that is call west [which is the biggest market in the region .
My typical cost and revenue is 15,000/=KSHS .
I use my profit as follows .
1.School fees 10,000/=.
2. Reinvestment 5,000/=.
3.Home improvement 5,000/=
I promise to be [faithful if given this loan for I am .looking forward ;to grow with Zidisha as my financial partner in Business .

Loan Proposal

I wouldlike to propose that given funding I will use the loan in expanding my business by adding new fashion of clothes. This will cost 200 usd for a bale of socks,.
The sell of these items will increase the profit because I have the market read for my products.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$193.21

Date disbursed

Jan 17, 2016

Repayment status

On Time

Projected term

9 months

Cost to entrepreneur

Service fee: $9.66

Lenders

K

khassi

AinEbel, Lebanon

Roy

Espoo, Finland

MW

Matt Willis

United States

PG

Paul Graham

United States

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