Loan proposal to increase stock

Daisy

Kericho, Kenya

94% repaid

Entrepreneur

Name

Daisy

Member since

February 2017

On-time repayments

23 installments  •  78%

About Me

I was born and raised in Bomet County, Rift Valley, Kenya. I finished my high school in the year 2007 in Moi Siongiroi High School. I started my CPA and finished in the year 2015.
Currently I have a business in Bomet Town which I started immediately I finished my CPA.

My Business

I sell ladies clothes ranging from sweaters, tops and skirts.
I have studied the market of Bomet and I have realized that ladies do want clothes that are trendy yet pocket friendly.
Fashion and trendy clothes have been a passion that I had since and opening this shop has helped me fulfill the passion at the same time making a living.
My typical costs include cost of stock, rent and license.
I use the profits I get to increase stock and I am planning to introduce a certain type of shoes that I see trends.

Loan Proposal

I want to add stock of 5 sweaters each costing shillings 150 and 7 blouses each costing shillings 100.
I will sell each sweater at shillings 300 and a blouse at shillings 200. This will result in total profit of shillings. 750 in sweaters and 7 shillings. 700 in blouses.
The profit will help me add more stock and enhance welfare of my employee.
Thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$18.00

Date disbursed

Sep 10, 2017

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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