Merchandise expansion

Byrone

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Byrone

Member since

February 2018

On-time repayments

8 installments  •  38%

About Me

My name is Byrone Onyango.I am an hardworking and dedicated individual. My childhood was not one worth keeping memory of. I lost both my father and a mother at an early age and thereafter grew up mostly under children support centers.

Realizing that I was on my own, from a very tender age, I made a personal decision to work differently towards my future. My school life was sponsored by the respective schools owing to the exemplary performances I used to produce.
After school I started a clothing shop with the savings I had. With dedication and hardwork have seen my business improve gradually within its short three year spun. The little income I receive from the business as enabled me support myself and some three learning students I was once in an orphanage with.

The unique factor about the people from my culture is that they have the habit of promoting one of their own. This has worked to my advantage since they really buy a lot from my merchandise. My hobby includes rearing of poultry and reading of novels.

My Business

My business is about selling of clothes,school uniforms and shoes.I also do branding of school uniforms and soccer jerseys.The goods are on an always demand given the number of many schools that have liaised with me to brand and avail them school uniforms and games attire.

My costs include the transportation cost of bringing the goods in bulk from the capital city,Nairobi. A times i take part in community giving back services such as offering school uniforms to orphan school children.Currently am focusing on increasing the size of my business.

Loan Proposal

I will use the loan to add stock of school uniforms to my business.My plan is to expand my business in such a way that i can completely satisfy the demands of my increasing customers.This will boost my profit margin with an approximation of 80%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Feb 17, 2018

Repayment status

On Time

Projected term

2 months

Lenders

PG

Paul Graham

United States

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