Mary
Ruringu Nyeri, Kenya
100% repaid
Name
Mary
Member since
June 2014
On-time repayments
11 installments • 36%
am Mary a single mother of one i live in kenya nyeri town am currently doing business i sell second hand clothes the reason why am doing this business i need to educate my baby and give her a decent life in my free time i love traveling,making friends i would love a loan to boost my business so that i get a stall or a shop so as to expand my business and this will enable me to attract more customers and start expand by selling bales to other sellers and increase my sales.
i sell second hand clothes specializing in kids wear and women wear women since women always keep up with fashion so the demand will always be there and kids out grow their clothes so fast as they really grow fastand having a kid i know and understand this very well since my baby out grows her clothes really fast. its highly profitable since i count number of pieces of garment in each bales and sell to my customers av also created a customer friendly cost .risk which is rare is when you open a bale n u find it has exact pieces of garment so net profit gained. monthly i make 230-250$ making a profit of 110$ no rent since i usually hawk this clothes around the towns
its highly profitable since i count number of pieces of garment in each bales and sell to my customers av also created a customer friendly cost .Risk which is rare is when you open a bale n u find it has exact pieces of garment so net profit gained. monthly i make $230-250 making a profit of $110 no rent since i usually hawk this clothes around the towns and if am funded with $150 this will enable me to buy more bales and get a stall where i can sell this clothes from and this will also give a place where my customers can come and do their selection at wide range of varieties.
Positive
None
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$1,047.00
Date disbursed
Sep 2, 2016
Repayment status
On Time
Projected term
6 months
Other loans
Ask Mary a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.