Adding Inventory of Bale of Second Hand Clothes

Daniel

Molo, Kenya

100% repaid

Entrepreneur

Name

Daniel

Member since

February 2015

On-time repayments

34 installments  •  71%

About Me

My names are Daniel Owino.I am from a family of four and am the second born.I have had both my primary and secondary level in molo primary and secondary respectively.After high school i was not able to proceed further since both my parents are just a peasant farmers.So after school i started farming with my farther then after savings i started my own business of selling clothes both new and second hand.

My Business

In my shop i sell both second and new clothes to the locals.I also take my commodities to several market open market places.Due to good quality at reasonable prices am able to attract so many customers and am always on demand at all the time hence allowing me to get more profit.I choose this kind of business because it required less capital to start,no special education and also i realized i have good customer relation.Last but not least i started this business to earn a living and it's really supportive to both me and my family.

Loan Proposal

I am very glad today to have been given this chance to post my loan through this platform.Am also happy that despite of meeting new people i will be able to to build my business through this loan.This loan will help me to add on my stock to buy a bale of a second hand clothe for resale which is costing $185.This bale is much on demand on it's open to other small business people who buy from me and resale again.I new bale can attract up to $90 depending on how it was packet.So i believe this loan will help me to earn more revenue to be able to expand my business with and repay the loan,you are all welcome.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 18, 2015

Repayment status

On Time

Projected term

2 months

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