Increase variety of stock for clothing & shoes business

Charles

Nyahururu, Kenya

100% repaid

Entrepreneur

Name

Charles

Member since

March 2015

On-time repayments

106 installments  •  51%

About Me

I was born in a family of 6; 3 girls and 3 boys as the last born. I then went to the local nursery school n later joined the local pry sch. Having come from my humble background, I knew I had to work extra hard to change my families living stardards. I always topped in my class upto class 8 where I set a record yet to be broken. I then joined Nyahururu high sch and through the hardship of matters pertaining school fees, I managed to pass well and I joined JKUAT main campus Juja where I take Bsc Applied maths and statistics.
Besides my little savings which i had made after the hustles in industrial area Nairobi after form 4, we teamed with my friend Steve and decided to start a clothes business. after struggles of taking clothes from one hostel to the other, we managed to open a boutique in Juja town.
The unique thing about the land I come from is that It's ever green growing all kind of vegetables and potatoes. The unique hobby I have is that I like playing catalogue quiz challenge.

My Business

My business is a boutique where I sell both clothes and shoes. I chose this business in because the population of Juja is mainly occupied by student who are so good in shopping. I sell my products at a profit so as to earn a living. I use my profit to pay for my rent, school fees and also to expand my business. Also, I have joined a group called Hands of Compassion Ministry (HCM) where we are visiting children homes to help the needy there.

Loan Proposal

When I get the loan, I will increase my stock of clothes in the business. This will ensure that my customers will not lack anything and they will have a wide variety of choice. I will also introduce the cheap choes they r asking for going for say about 2$. This will benefit them for they will be able to accuire them and I will also benefit in consistent profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$99.00

Date disbursed

Apr 7, 2015

Repayment status

On Time

Projected term

2 months

Lenders

Paul Buchheit

Mountain View, United States

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