New clothes for selling

Faith

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Faith

Member since

July 2017

On-time repayments

61 installments  •  57%

About Me

Iam a hardworking lady and God fearing .I was born in a family of 10 kids 8 girls 2 boys. I came from a poor background my mum was a business lady my dad used to get jobs on casual basis. We were not able to go to better schools. I studied upto th fourth form. I was going to school in the morning then after school i would be forced to work in a hotel so as to pay my school fees. I saved for a few years after school then i started my own business. I come from a cool culture our land is unique and the atmosphere is fresh and clean. We live near a river we do farming. Our country has beautiful natural resources wild animals.i would want my kid to have a better life than mine and become a lawyer. I love reading inspirational books, listening to music and watching movies.

My Business

I sell ladies and mens clothes. Clothing is a basic need and so everyone needs to have something to wear. I love fashion and design thats why i choose selling clothes. In a month i can get 10000 revenue and costs 6000.from the revenue i pay my house rent, college fees,some i send to my parents for upkeep and the rest i reinvest back to the business.I also pay school fees for my siblings.

Loan Proposal

I will buy 5ladies blouses @3 dollars each ,total 15 dollars, I will buy also 5 pieces ladies jeans @ 6 dollars each -total 30 dollars and I will also buy 3pieces men's khaki trousers @6 dollars each -total 18 dollars-grand total 53 dollars.I will sell the clothes to my clients at a profit of 35%,this profit will help me to pay my shop rent,pay for my siblings school fees and help my parents at home.My clients will benefit by getting new and lasting clothes at an affordable price and I would have solved their clothing needs.My profit will have increased from 20%-30% and this will boast my business.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$54.00

Date disbursed

Feb 27, 2018

Repayment status

On Time

Projected term

4 months

Lenders

investor

Candiac, Canada

T

Tallago3

Munich, Germany

Evan Lamos

Brussels, Belgium

joshuacollinson

Vienna, Austria

GaloLending

United States

WE

Wendy Emlyn

Devon, United Kingdom

E

eriklonnroth

United Kingdom

JA

Jan Andresen

Hamburg, Germany

K

Kyle

Durban, United Kingdom

Paul Buchheit

Mountain View, United States

A

Aiden

United Kingdom

JL

James Little

United Kingdom

Francesca

Scotch Plains - New Jersey, United States

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