New clothes for selling

Faith

Nakuru, Kenya

100% repaid

Follow Faith How it Works

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

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$54.00

Date disbursed

Feb 27, 2018

Repayment status

On Time

Projected term

4 months

Other loans

Jul 2017:  $5

Sep 2017:  $19

Nov 2018:  $18

Jun 2022:  $4

Jul 2022:  $8

Aug 2022:  $20

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

Karin

Germany

RA

Ritchie and Jie

Hong Kong

K

Kyle

Durban, United Kingdom

Paul Buchheit

Mountain View, United States

A

Aiden

United Kingdom

JL

James Little

United Kingdom

B

Benedikt

Germany

Francesca

Scotch Plains - New Jersey, United States

CP

Carrie Peterson

United States

Ask Faith a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Faith    Sep 27, 2022

    Late payment my siblings are going to school I have been paying my loan slowly

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  • Faith    Aug 6, 2022

    I will buy new bags for selling. I will sell the bags at a profit, the profit will help me to pay my bills and pay the loan. Thanks so much my lenders God bless you

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  • Faith    Aug 6, 2022

    Hi thanks my lenders for lending me I bought new shoes and clothes for selling, I sold them at a profit and used the profit to pay my bills.

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  • Faith    Jul 8, 2022

    Thanks to my lenders for supporting me I bought new shoes for selling, which I will sell at a profit,am so greatful

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  • Faith    Jun 15, 2019

    Hi,my lenders thank you for lending me the money it really helped me by adding stock to my shop and I sold the clothes and shoes at a profit. I used the profit to pay rent,school fees for my siblings and also paid my medical fees because I got sick for 2 months during the period. The loan helped me to change my life and it also helped others.

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  • Faith    Jan 5, 2019

    I could not make to pay the instalments on time because I was planning to take my siblings back to school and this was costly for me

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  • James    Dec 21, 2018

    I talked to Faith today.
    She said she was having cashflow challenges, but that she will start repayment later this month.

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  • Faith    Nov 19, 2018

    Hi,I received a loan of ksh 1472,I bought new clothes for selling at a profit. Thank you lenders for the loan it will really help me,thanks

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  • Faith    Nov 11, 2018

    Hi,thanks for the loan my lenders, am very grateful for the loan it really helped me a lot.I bought new clothes and shoes for selling. I sold them at a profit of20% this helped me to pay my bills and paying school fees for my siblings. Thanks again God bless you

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  • Faith    Jun 12, 2018

    Hi I would like to be added 2weeks to be able to clear my loan because I was not able to clear on time

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  • WE

    Wendy Emlyn    Jun 11, 2018

    Hello Faith.
    Are you able to make any more payments yet?
    God bless you,
    Wendy

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    • Faith    Jun 11, 2018

      Hello Wendy
      Not yet
      I was unable to pay the loan because my business is not doing well at the moment.
      Thanks
      Faith

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  • Faith    Mar 6, 2018

    I have to pay rent for my shops and school fees for my siblings, I have decided to reduce my instalments to be able to pay them on time

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  • Faith    Mar 2, 2018

    Hi ...,I received 5239,I bought new clothes for selling at a profit.Thank you my lender for the loan am very grateful for the loan its really helping me out.

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  • Faith    Feb 26, 2018

    Hi...,I will buy new shirts,shoes and trousers for selling at my boutique to my new and existing clients. The new stock will increase my profit and I will be able to pay for my rent and pay school fees for my siblings. I want to take this opportunity to thank you my lenders for helping me out,May you be blessed with more money.I appreciate a lot.

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  • Faith    Jan 12, 2018

    Hi thank you my lenders for giving me the loan.It really helped me a lot I bought new clothes for selling which I sold at a profit. The earnings I got from the business I used it to pay school fees for my young sister and some of it I ploughed back to the business. We had a very wonderful time with my family over the Christmas holiday which I bought some gifts for them
    Am so grateful for that may God bless you a lot.

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  • Faith    Jan 11, 2018

    Good afternoon thanks a lot my lenders for giving me the loan.It has helped my business to grow I bought new clothes and shoes for selling,I sold them at a profit of 30%.I paid school fees for my siblings with my earnings which I got from the business. We had a very nice Christmas holiday with my family thanks to you, you made it possible, may God bless you my lenders.

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  • Faith    Nov 2, 2017

    The business is not performing well for now so its good I reduce my instalment to be able to pay on time

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  • James    Nov 2, 2017

    Hi Lenders,
    I have talked to Faith about her repayment record.
    She said she is making plans to repay before the end of this month. I also advised her that she can reduce her weekly repayment amounts if her current amounts are a burden.

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  • Faith    Oct 6, 2017

    Hi I've received my loan of 1838,I will buy new shoes and clothes for selling in my clothing shop,which will give me profit. I am grateful for your loan,thanks a lot.

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  • Faith    Oct 2, 2017

    I will buy new clothes and shoes for selling to my clients at a profit, this will help me pay my bills and increase my stock in my clothing shop

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