Men's, women's, and junior's clothing boutique

Mary

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Mary

Member since

October 2015

On-time repayments

175 installments  •  46%

About Me

I was born in town in a family of six. I went to school in the same town for my primary school and secondary school education. I later joined college and pursued a course in fashion and design. The most memorable moment about my life is that my mother taught me entrepreneurship from a very early age of 10 years. My mother owned a small store in a village called Lanet and she made sure that I was able to collect cash payments and return change to customers whenever the customers bought at the store in Nakuru.
I was taught by my mother to keep time, avoid overspending, saving every coin I received as sales and, above all, to handle the customers in a good way. Today, I no longer live with my mother, but the business principles she taught me have made me who I am today as a businesswoman.
In addition to business, I also work as a design assistant at one of the top five designer companies in Nairobi called Occasions and Days. Today, I live in Nairobi with my husband and daughter. I also serve as a leader in my local church.

My Business

My Hair and Beauty Shop will be located in Kawangware and is targeted towards women, although it is planned to include services for men at a later date. My shop will be offering a wide variety of the latest oil products, hair protection and moisturizing conditioners, and shampoo products. Hair pins and pony tails are to be sold in my shop.
The local town Kawangware is an affluent area with over 5,000 housewives, mothers of school-age children and college-going youth. There are also many professional women working in the local business park that I am targeting. With the nearest equivalent business over 1 kilometer away and offering a more limited range of products and services, I believe this to be a solid investment opportunity.

Loan Proposal

I need to buy new stock for ten men's shirts, fifteen women's tops and juniors twenty school shorts from wholesalers and supply them to my current customers who have placed orders for this clothes. I will buy the ten men's shirts at a wholesale price of 48.90 USD. The fifteen women's tops will cost me 39.12 USD. The twenty school shorts for juniors shorts will cost me 48.90 USD. I will use 9.94 USD as transport money and telephone money.
Each men's shirt will give a profit of 1.96 USD and the ten shits will give me 19.60 USD, each women's top will give me a profit of 1.74 USD and the fifteen tops will give me 17.40 USD and the juniors top will give me a profit of 1.96 USD for each.
This items are already booked by my customers.
Thank you in advance.

Show original English  

About Me

I was born town in a fimily of six. I went to school in the same town for my primary school and secondary school education. I later joined college and pursued a course in fashion and design. The most memorable moment about my life is that my mother taught me entrepreneurship from a very early age of 10 years. My mother owned a small store in a village called Lanet and she made sure that I was able to collect cash payments and return change to customers whenever the customers bought at the store.in Nakuru
I was taught by my mother to keep time, avoid over spending, saving every coin I received as sales and above all to handle the customers in a good way. Today, I no longer live with my mother, but the business principles she taught me have made me who I am today as a businesswoman.
In addition to business, I also work as a design assistant at one of the top five designer companies in Nairobi called occasions and days.
Today, I live in Nairobi with my husband and daughter.
I also serve as a leader in my local church.

My Business

My Hair and Beauty Shop will be located in Kawangware and is targeted towards women, although it is planned to include services for men at a later date.
My shop will be offering a wide variety of the latest oil products, hair protection and moisturizing conditioners, shampoo products, hair pins and pony tails are to be sold in my shop.
The local town Kawangware is an affluent area with over 5000 housewives, mothers of school-age children and college going youth. There are also many professional women working in the local business park that I am targeting.
With the nearest equivalent business over 1 Kilometer away offering a more limited range of products and services I believe this to be a solid investment opportunity.

Loan Proposal

I need to buy new stock for ten men's shirts, fifteen women's tops and juniors twenty school shorts from wholesalers and supply them to my current customers who have placed orders for this clothes. I will buy the ten men's shirts at a wholesale price of 48.90 USD. The fifteen women's tops will cost me 39.12 USD. The twenty school shorts for juniors shorts will cost me 48.90 USD. I will use 9.94 USD as transport money and telephone money.
Each men's shirt will give a profit of 1.96 USD and the ten shits will give me 19.60 USD, each women's top will give me a profit of 1.74 USD and the fifteen tops will give me 17.40 USD and the juniors top will give me a profit of 1.96 USD for each.
This items are already booked by my customers.
Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jan 6, 2016

Repayment status

On Time

Projected term

24 months

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  • Mary    Oct 17, 2021

    Due to covid it has been low season in business

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  • Mary    Jun 16, 2021

    Income had been low due to mist clients were not working due to covid19

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  • Mary    Apr 29, 2021

    Dear Lenders, I will clear my loan by June. Thank you. Regards, Mary

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  • Mary    Aug 12, 2019

    Dear Lenders, kindly allow me to reschedule my payment. However, I will will resume my normal payments as soon as possible. Business will Definitely improve because my shop is in a trading centre near one of the public university in Nairobi and all students are opening college in two weeks.
    Thank you in advance.
    Mary.

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  • Mary    Apr 30, 2019

    dear lenders,
    due to unavoidable circumstances i request to reduce my payments. however i promise to increase the amount very soon.

    regards,
    mary

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  • Mary    Nov 18, 2018

    Dear Lenders, Kindly allow me to reduce my weekly repaymewnt due to change of climatic weather conditions in the city i live in which has affected the customers buying behaviour. Business will improve next month and i will clear the balance God willing.

    From,
    Mary

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  • Mary    May 24, 2018

    My father in law was very sick and i was also using my resources to take care of him.

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  • Mary    May 24, 2018

    Dear Lenders,
    Apologies for the late payments, my dad in law has been very sick and we have been using most of my resources to take of him.

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  • Mary    Feb 11, 2018

    Dear Lenders,
    My family is now stable and I can pay more and clear my loan as soon as possible.

    sincerely,
    Mary

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  • Mary    Aug 10, 2017

    Dear Lenders,
    Am doing fine with my business and family. God bless you all.
    Yours Sincerely,
    Mary

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  • Mary    Jun 9, 2017

    Dear Lenders,
    I hope your are all well. We have been blessed with a health bouncing baby and alot of attention is on the baby until July 15th 2017 when I will resume my normal business operations.
    Regards,
    Mary

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  • Wilfred Njiri    Jun 9, 2017

    I called Mary, she says she will pay tomorrow.

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  • Mary    Apr 20, 2017

    Dear Lenders,
    Thank you for your continued support. I am requesting to reduce my weekly amounts for a few weeks. As a family we are expecting our second child in a few days now. I will be at home for weeks before I resume my normal daily business routines. However, I will increase my weekly payments immediately I get out of maternity leave.

    Best wishes,
    Mary

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  • Mary    Mar 20, 2017

    Dear Lenders, thank for your continued support. Kindly note that buying prices market rates have changed, I am working on a formula to also change my selling price. Kindly bare with me as I make some adjustments and will increase the weekly repayment amount.

    thank you.

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  • Mary    Feb 28, 2017

    Dear Lenders, I have received the funds and will be implementing my business plan tomorrow and moving forward.
    Thank you in believing in me and this loan will go far in supporting my business and family.
    God bless you all.
    Thank you.

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  • Mary    Feb 24, 2017

    Dear Lenders, thank you in believing in me and this loan will go far in supporting my business and family.
    God bless you all.
    Thank you.

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  • Mary    Feb 18, 2017

    Hi Lenders, It is a wonderful morning here in Nairobi and the weather is very good today. Am already at work this morning.

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  • Mary    Feb 16, 2017

    Dear Lender, fund the remaining 96 percent of my business proposal and GOD continually bless you.

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  • Mary    Feb 14, 2017

    Today I spent Valentine day with my daughter.

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  • Mary    Feb 12, 2017

    Dear Lenders, thank you. I have completed paying my current loan and it has really helped me move to another level in life.

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