Inventory of cheaper,afordable clothes to clients

Paul Kariuki

Kiamangodu Muranga, Kenya

100% repaid

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How it Works

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

I am much humbled with the Zidisha Microfinance platform for according me a chance to improve my second hand clothing business.The only challenge my business faces is lack of enough capital to stock cheaper,better &latest quality products to my customers.But with the Zidisha platform I will be able to overcome all the financial obstacles and I will be able to supply to my clients affordable and cheaper clothes compared to my other competitors in this area.I trust that through zidisha giving me an opportunity to expand in this area of business,i will be making good sales compared to what i am making today.It is my earnest prayers that my business will grow through Zidisha team.Thank you

Show original English

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