Loan to Purchase Mitumba Bales for Clothing Sales Business
Tariq
Mombasa, Kenya
100% repaid
Entrepreneur
Name
Tariq
Member since
June 2015
On-time repayments
134 installments • 40%
About Me
I am kanyan guy of 30 years old and a 3 rd born in my family.i am marreid nad blessed with three kinds, currenty am working at kenya suitcase manufactures limited in stores department. making an income of ksh 30000.00 .which is not sufficient to cater for my family's needs. that why i planing to start a bussiness to and up my income.
My Business
I want to start a bussiness of selling second hand cloths (mitumba) at my residential place,getting th mitumba from kongowea and bringing the mitumba to my residential place, where i will keep my inlaw to look after the bussiness,whreby 1 bale cost 3000 kshs and from that bale i will make 500 ksh out of it as profite. if it goes on well i will and so many variety of goods to expand my bussiness in future.Since most of the people around can not aford to buy new cloths at list this will be fair to them
Loan Proposal
i want a loan to increase my stock of mitumba clothes which is going for 180usd, if i buy full bales of clothes which inside is around 200 pieces of t.shirts. i expect 500usd profit while the whole stock is finish.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$194.00
Date disbursed
Sep 9, 2015
Repayment status
On Time
Projected term
2 months
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