Increase clothing stock to expand business and support my family

Entrepreneur

About Me

My name is Lavine Makungu, born in 1985 in Western Kenya.

I love myself so much and I love God.

I am an orphan and guardian to two sisters, since my mother passed on while I was in form three [High School].

I sat my Kenya Certificate of Secondary Education (KCSE) exams and pursued a certificate course in secretarial.

I am married and blessed with one child.

My husband is involved in church ministry in Kawangware - Nairobi, a slum area.

My Business

I would be grateful if given loan to boost my business.

I usually sell secondhand clothes, which I buy from Gikomba-Nairobi, then do house-to-house selling to my neighbours and the community around where I live.

My clothes retail between $1 and $3 each, earning me approx. half a dollar per piece.

I wish to expand my current stock by $50, so that it can grow faster and help me better support my younger sisters as well as improve my family.

I have been able to build rapport with the neighbouring community to the extent that I can no longer satisfy their demand for the items I sell.

The full loan amount will therefore be utilized in buying additional clothing stock.

Your assistance is appreciated.

Loan Proposal

I would be grateful if given loan to boost my business.

I usually sell secondhand clothes, which I buy from Gikomba-Nairobi, then do house-to-house selling to my neighbours and the community around where I live.

My clothes retail between $2 and $5 each, earning me approx. half a dollar profit per piece.

I wish to expand my current stock, in addition to buying higher quality stocks by $100, so that it can grow faster and help me better support my younger sisters as well as improve my family.

My earlier customers helped me increase my customer-base by referring new customers as they observed that the quality of my stocks has improved since the last loan, to the extent that I can no longer satisfy their demand for the items I sell.

The full loan amount will therefore be utilized in buying additional clothing stock.

Your assistance is appreciated.

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Loan Info

Lenders