Bale of second-hand clothes for my boutique & small-scale farming inputs

Martin Makanyanga

Kitale, Kenya

37% repaid

Entrepreneur

Name

Martin Makanyanga

Member since

May 2016

On-time repayments

208 installments  •  40%

About Me

Hallo zidisha and lenders my names are Martin Makanyanga ,iam a Kenyan citizens ,I reside at nyoritisi area of kakamega county ,iam a father of two kids ,I was born in 1978 and iam the first born in the family of seven three brothers and four sisters ,my education back ground is I completed high school but was not able to join university due to lack of fees . my kids are now in primary school ,one in standard five and the other one in standard two ,one admires to be a pilot and the other a nurse when they grow up . my hobbies are travelling locally and watching movies

My Business

After high life was difficult ,I got em ployed in a steel milling plant in Eldoret where I was employed casually ,after I had saved some amount I decided to venture in cloth selling business because clothes are basic need and people must wear and being in remote area people finds it difficult to travell long distances thus I bring them near where I buy at wholesale price and sell them at retail prices and I earn a good profit which I use part for reinvestment , some to clear my kids fees and the other balance for small scale farming like maize farming

Loan Proposal

I will use 30USD to buy variety of bales of second hand clothes to add in my stock then the remaining balance of about 10 USD I will use in small scale farming which will ensure I don't spend on foodstuffs thus my lenders I request you to grant me the loan

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$397.04

Date disbursed

Jan 11, 2017

Repayment status

Late

Projected term

41 months

Cost to entrepreneur

Service fee: $17.21

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