Loan to re stock and service clothing sale orders

George Kigecha

Kambaa, Kenya

100% repaid

Entrepreneur

Name

George Kigecha

Member since

February 2015

On-time repayments

298 installments  •  87%

About Me

Growing in a small village ,some 50 kilometers from Nairobi,i went through many problems because my parents were poor.I was bright students but i was forced to drop out of education system to become employed by a successful business man to be hawking along the streets of major sub urban centers .
I used to earn commission ,and sometimes i could go without any money if i fail to sell..
I learnt several survival tactic ,where i could buy my merchandise and mix with my boss' to make some profits also..i did not do the business for long time because i thought the business only benefited my boss.
I left business some two years ago and i have been growing learning new ways of doing business along the solid foundation that i had laid through the self training that i nurtured during the time that we were working the business man.
I have been doing well until i realized that i if i get some boost it would work well for me.That when i learned about the zindisha community .I decided to try.I would very grateful to lenders who would volunteer to take me to the next level.

My Business

My business is about providing almost anything that my customers want.But i specialize with clothing and small useful highly sell able product usually imported.
This goods are useful because they are used on daily basis by many people.
I chose this business because i had an early experience in it and i have. Passion for business since my school years.
I use my profit to support the house hood needs and plan for my future.In our kikuyu culture we value hard work ,and i would want to uphold this values.I want to able to provide for my need full.I have a hope of giving back to the community through charitable work.My call is to donate some surplus to a local orphanage.I have helped teach young boys to grow the spirit of good entrepreneur.
I established the business with only 20$ and have grown to a level of 200$ turn offer.However some social obligation require s me to source capital to re boost it.

Loan Proposal

With 100$ ,I plan to buy pairs of jeans which are highly in demand with the first 30 dollars ,then 20$ will go to T shirts already ordered,another 30 $ will go towards men's Inner wear that sells faster .20 $ will be added to 100$ liquid cash to help emerging needs..
The sales of this provides for my daily needs for my self and keep me busy..Am able to explore for more possibilities along this line of clothing.I have interacted with more experienced traders and hope soon to start collecting clothing from Uganda.Without the suppot the zindisha have given me it could not be possible.
By increasing the stock I will increase the turn over and therefore the general gain..I look forward to once own a big store through this humble beginnings.Thankyou for considerating lending support.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$91.56

Date disbursed

Sep 9, 2015

Repayment status

On Time

Projected term

5 months

Cost to entrepreneur

Service fee: $3.80

Lenders

G

garrybuck

Oro Valley, United States

D

drjofleming

UK, United Kingdom

DeanDropshot

Oslo, Norway

F

Fiodal

Helsinki, Finland

ScottSavage

Las Vegas, NV, United States

H

HappythroughHelp

Torrance, United States

C

cjmenchaca

Austin, United States

HansLindgren

Uppsala, Sweden

HE

help each other

Glasgow, United Kingdom

kickerofelves

Sao Paulo, Brazil

D

Dadiolafs

Vestmannaeyjar, Iceland

R

Rking

Eugene, United States

J

JKorevaar

Springfield, Canada

O

Orenius

Tacoma, United States

basicus

Cairo, Egypt

J

Jopar

Corroios, Portugal

Muslim

Riyadh, Saudi Arabia

C

caz32

chertsey, United Kingdom

GarmdGriek

Oslo, Norway

Z

ZacJ89

RIverside, United States

B

Bokolo

Leeds, United Kingdom

F

Forfex

Zurich, Switzerland

S

Spelbreker

Zwijnaarde, Belgium

Lambie

Perth, Australia

S

seikatsu

Palo Alto, CA, United States

xtrahardware

Cazenovia, United States

M

Madone52

Brisbane, Australia

DJBic

Clinton, United States

B

bwitt

Berkeley, United States

M

mrjamesg

London, United Kingdom

G

GanSatya

United States

D

dcb1987

Chicago, United States

sderickson

Berkeley, CA, United States

O

oonbug

United States

H

HoseB

San Francisco, United States

Matching Fund

Sterling, United States

L

lenders

United States

M

meric

Australia

A

abbasm

United States

P

PDNS1401

United States

A

ajayhk

San Jose, United States

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