Inventory of cloth and shoes

Juma

Mtwapa, Kenya

100% repaid

Entrepreneur

Name

Juma

Member since

February 2015

On-time repayments

63 installments  •  33%

About Me

My full names are juma karisa maitha .born and raised up in kilifi county kaloleni country side .my dad was polygamy .had two wife my mom and step mom e.I have 8 brothers .high school education
I had to learn part time evening class to get my certificate of electrical and electronics.I work as self employed do contract hotel services of TV .music system. CCTV
Electrical items I started business of selling cloth from bank loan .whose interest and payments had fixed rules to abide .

My Business

I sell new and second hand cloth for kids .lady and men and shoes .I choose this type of busines because of the demand in my area a tourist zone and cloth have self live can not rot or have no expire period. l buy goods worth 5000ksh and sell 7000ksh profit of 2000ksh per week.I use the profit to pay wages of work who as me 800ksk per week and transport ,200ksh per week and ,600ksh go to rent per week .400ksh improve busimess

Loan Proposal

Buy rubber and plastic shoes which are first moving due to the economic situation my home country .secondhand and which will cost 2 dozens @50 usa dollars and a bundle of second hand cloth @25 dollars .4 dozens plastic and rubber shoes @ 50 USA dollar.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 2, 2015

Repayment status

On Time

Projected term

2 months

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