More stock for my clothes shop

Kibet Machuki

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Kibet Machuki

Member since

September 2016

On-time repayments

203 installments  •  35%

About Me

I was brought up in a Christian family in Nakuru,went through primary ,secondary and university level.I hold a Bachelor's Degree in Economics.
I went through various hurdles in life and later ventured into a small business using little capital.
I love my culture as it's the only culture that accepts any individual. Love playing football.

My Business

I have a business that deals with clothes for all genders and shoes for women. I get the clothes monthly from USA and some from Uganda and Tanzania then sell in Kenya. The items are in huge demand and I have lately been trying to increase my stock and luckily it's working out well and want to do more and more. I chose the business because of the less competition , profitability and also because of a potential market(Students from the nearby University and also the local communities).
Costs incurred is roughly Ksh.205500 and a gross profit of Ksh.420000 is realized.These profits have greatly improved thanks to Zidisha for boosting my stock and thus resulting to increased earnings. I use the profits to reinvest into the business by increasing stock and also paying my siblings school fees.

Loan Proposal

Currently, demand is so overwhelming on the women clothes section. I am going to use this amount to improve the stock on the women section which I seriously need to meet the current demand.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$155.00

Date disbursed

Nov 11, 2016

Repayment status

On Time

Projected term

3 months

Lenders

D

DandS

United States

B

United Kingdom

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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