Loan for a bale of children second hand clothes
Paul Kariuki
Kiamangodu Muranga, Kenya
36% repaid
Entrepreneur
Name
Paul Kariuki
Member since
October 2013
On-time repayments
15 installments • 53%
About Me
My name is Paul Kariuki Maina. I am a Kenya citizen by birth. I was born in 1985 and the third born in a family of five children. I am currently a resident of Murang’a County, at the Kiaman’godu village. I have one wife and one son called Brian. My wife is also a business lady and works in the same town together with me. She sells new ladies wears, i.e bras, cots, inner-wears, etc. We work very hard to make ends meet. Me and my family do attend the St.Gerald's Catholic Church here in Murang’a town and our Parish bishop is Danson Mwalili Kiema. My son attends the nearest school called Victors Academy and is class two.
My Business
My business is located at Endarasha business centre here in Murang’a, Central province , Kenya. I am an entrepreneur specialized in selling second hand clothes. Murang’a is a busy town, especially on market days with a wide market for second hand clothes also known as MITUMBA in Kiswahili, our local language. This is because there are a lot of inhabitants in need of second hand clothes, which are much cheaper than new clothes. I get the supplies from Nairobi, Gikomba market.These clothes are usually sold in bales of between 15 to 25 kg depending on what is packed inside. The clothes are imported from various countries, especially from west countries. I usually choose the items depending on the season. On cold spells I choose to sell heavy jackets on rainy season, I sell t-shirts and light women tops during sunny seasons. My customers prefer to buy from me because my clothes are cheaper and neat. I usually buy my bales from direct importers in the city of Nairobi where they are cheaper compared to buying locally. This allows me to give them at a better bargain. In a week, I normally sell two bales. From the sales I make per bale, I manage to get Ksh 3.500*2 bales=Ksh.7,000 the net profit.The only challenge my business faces is lack of enough capital to stock better and quality products but with the Zidisha platform I will be able to overcome all this obstacles and I will be able to make more sales. It is my earnest prayers that my business will be considered and funded.Thank you
Loan Proposal
Thank you Zidisha team and the entire lending panel. It is my humble request to you once again for a boost to support my business. I am kindly requesting from you lenders to support my business through your hard earned money.
I am planning to add one more bale of children wears, since we are now heading to the festive seasons of the year calender. I am planning to buy light clothing for between 5 years and 12 years old, clothes for the summer wears. Kindly support my loan.Thank you in advance and God bless you mightily.
About Me
My names are Paul Kariuki Maina.I am a Kenya citizen by birth.I was born in the year 1985,being the third born in a family of five children.I am currently a resident of Murang’a County,at the Kiaman’godu village.I have one wife and one son called,Brian.My wife is also a business-lady and works at the same town together with me.She sell new ladies wears,i.e bras,cots,inner-wears,e.t.c.We work very hard to make ends meet.Me and my family do attend the St.Gerald's Catholic Church here in Murang’a town and our Parish bishop is Danson Mwalili Kiema.My son do attend the nearest school within which is called Victors Academy,and he is in class two.
My Business
My business is located at Endarasha business centre here in Murang’a, Central province , Kenya. I am an entrepreneur specializing in selling second hand clothes,also known as MTUMBA locally. Murang’a is a busy town especially on the market days with a wide market for second hand clothes also known as MITUMBA in Kiswahili word. This is because there are a lot of inhabitants in need of second hand clothes due to it’s cheap prices compared to new clothes. I get the supplies from Nairobi,Gikomba market.These clothes are usually sold in bales of between 15 to 25 kilograms depending on what is packed inside. The clothes are imported from various countries and especially the west countries. I usually choose the items depending on the season. On cold spells I choose to sell heavy jackets on rainy season, I sell t-shirts and light women tops during sunny seasons. My customers prefer to buy from me because my clothes are cheaper and neat. I usually buy my bales from direct importers in the city of Nairobi where they are cheaper compared to buying locally. This makes me to give them at a better bargain.In a week,I normally sell two bales. From the sales i make per bale,i manage to get Ksh 3.500*2 bales=Ksh.7,000 the net profit.The only challenge my business faces is lack of enough capital to stock better and quality products but with the Zidisha platform I will be able to overcome all this obstacles and I will be able to make more sales. It is my earnest prayers that my business will be considered and funded.Thank you
Loan Proposal
Thank you zidisha team and the entire lending panel.It is my humble request to you once again to request for a boost and support my business.I am kindly requesting from you lenders to support my business through your hard earned money.
I am planning to add one more bale of children wears,since we are now heading to the festive seasons of the year calender and their parent or guardians keeps on asking for their kids,new fashions.I am planning to buy light clothing for between 5 years and 15 years old clothes for the summer wears.Kindly support my loan.Thank you in advance and God bless you mightily.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$49.00
Date disbursed
Oct 29, 2014
Repayment status
Late
Projected term
2 months
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