Inventory for latest second hand clothing

Godfrey Nambwaya

Kakamega Joyland, Kenya

100% repaid

Entrepreneur

Name

Godfrey Nambwaya

Member since

May 2014

On-time repayments

253 installments  •  92%

About Me

I am a young Kenyan Male residing in Kakamega Town. I am a graduate of Egerton and Jomo kenyatta University and have worked as a banker for the last 9 years with Barclays bank of Kenya and later Equity bank. I have passion for business and i do engage in supplies of general office equipment and commercial poultry farming. I do also engage in the sale of second hand clothes on a small scale. I have learned to get determined in whatever income generating activity that i engage in and hence this has made me succeed in most cases.

My Business

I engage in commercial farming and freelance academic consultancy where i am an academic research assistant on various topics. This is my key economic activity that sustains my upkeep. Currently i have started the poultry farming and second hand clothes business and i wish to expand it to a level where i can manage my costs and expenses well while i retain profits. This is a promising business because i have done it for over nine months and i feel it has the greatest potential if i expand it. my current stock is about $4000 and i am seeking $960 so that i may boost my stock by adding 5 bales of ladies clothes so as to serve more customers. The first bale that i was funded here did well and now i have a bigger market. It enabled me to pay my loan well without any difficulty.. This is my second loan and i hope to add more because i have already created demand.

Loan Proposal

I am seeking for $450 to add some new fashion clothes for ladies. These have become items of high demand in my locality and since we are approaching the december season. I hope to maximise on the high sales and make more money for the business.

Feedback

4

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$414.45

Date disbursed

Sep 5, 2017

Repayment status

On Time

Projected term

13 months

Cost to entrepreneur

Service fee: $17.52

Lenders

PG

Paul Graham

United States

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

Loading...

Loading...

Loading...