Loan to increase clothing stocks

Sara

Kinoo, Kenya

10% repaid

Entrepreneur

Name

Sara

Member since

December 2014

On-time repayments

134 installments  •  5%

About Me

My name is Sara Nyaga, and I am 24 years Old.

I am the first born in a family of two daughters, and a mother.

I am married and blessed with two handsome boys, the eldest being eight years old in Class 4, and the younger one eight months old.

With the support of my husband, I have engaged in various small businesses over time, which has helped me contribute to the family income.

My Business

I sell secondhand clothes, which I buy from Gikomba-Nairobi, then do door-to-door selling in my neighbourhood and the community around where I live.

My clothes retail between $4 and $5each, earning me approx. $1 per one.

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

I wish to expand my current stock by $100, so that it can grow faster and help me better support 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 will be greatly appreciated.

Loan Proposal

I request approx. $ 100 loan to increase my Clothing stocks.

I sell secondhand clothes, which I buy from Gikomba-Nairobi, then do door-to-door selling in my neighbourhood and the community around where I live.

My clothes retail between $4 and $5 each, earning me approx. $1 per one.

I wish to expand my current stock by $100, so that it can grow faster and help me better support 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 will be highly appreciated.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Dec 22, 2014

Repayment status

Late

Projected term

31 months

Lenders

D

Davy6

United States

Richard Griebe

La Jolla, United States

KM

Kirsty M

United Kingdom

Jamie

Dublin, Ireland

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