Loan to add more stock to official second hand (mitumba) men shirts

Nelly

Kosirwonin Village, Kenya

100% repaid

Entrepreneur

Name

Nelly

Member since

March 2014

On-time repayments

360 installments  •  22%

About Me

My name is Nelly Jepkorir Rutto from Baringo north a district in the Rift valley.I am the eldest in my family and very lucky to be in campus.I have a brother and two sisters who are in secondary school and this makes my parents strain financially because my mother is unemployed.I decided to open a small business where I sell men clothes,so that I save some money which I use to pay accomodation fee,for upkeep and part of my school fees in school.I do this on weekends and also evinings when I have finished my classes.Right now we are on long holidays untill september.

My Business

I run a couple of businesses .I started off with men clothes and with a push from zidisha,I expanded the business.I buy men official shirts in bales and sell them(second hand).A bale is about $120 and contains about 50 shirts.I make around 95percent profit from selling these shirts.I used my second loan to add stock and some plastics to my shop and it is also doing well.I used my fourth loan to buy a smokey trolley but I had to put it on hold after we resumed to school.I did not find someone who could do the business for me.My business is doing really well and I had saved enough to purchase a laptop for school work.Some of the profits go to rent,accomodation money andalso help out my family.
I am also the owner of https://sleep-101.com.

Loan Proposal

Thank you so much zidisha for giving me this opportunity to poast my loan.I can't find enough words to express my gratitude and once again thank you.If given the $50 loan,I will buy more shirts.I'll purchase them on bales as each bale contain over 200 pieces and selling each one of them will double my profit.Please,help fund my loan God bless you and thanks in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 17, 2014

Repayment status

On Time

Projected term

6 weeks

Lenders

D

drjofleming

UK, United Kingdom

Stefano Bertolo

Luxembourg, Luxembourg

Sarasota

Sarasota, Fl, United States

dlpringle

Denver, United States

Matching Fund

Sterling, United States

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