185 weekly installments • 90%
I am Anthony Juma, the second born in a family of 10 siblings’ I was brought up in the suburb areas of kitale town in Trans nzoia county. I was brought up in a polygamous family where my father had three wives therefore he couldn’t be able to raise and educate all of us. The burden of raising our family was left to my mother who used her savings that she made from washings clothes and digging for our neighbors.
I was able to complete my primary education of which I passed very well but didn’t have enough money to join a good secondary school, I joined the nearest secondary school in our area, I passed well too but I was not able to join a college for lack of school fees. I managed to start selling second hand clothes located at police line in kitale,I started the business to earn a living and invest so as to help my mother educate my younger siblings .I am able to generate over $400 The uniqueness about my where I live is that I deal with different kinds of people and I have a ready market.
My hobbies are traveling,singing,reading and socializing.
My business is located in kitale town along police line street.I deal in selling second hand clothes especially shirts and jackets.I started this business in 2011 after my high school.I was not able to proceed to college for lack of fees and i discovered that due to high population and my love for fashion this was an ideal business for me to do.I make good profits from my business which i use to pay bills and educate my siblings.I am saving more cash to enable me join college in future.
I am also planning to rent a shop to stock the clothes and get out of the street.
Thank you Zidisha and all my lenders for my previous loans which made a big impact to my business and my entire family.
When given this loan i will stock plain coloured shirts for school kids.Most parents rush during this back to school period to buy.
I am also intending to stock socks for school going kids of all ages as from the age of 4 years.
I am also planning to stock trousers which have a high profits .
This will bring increase in my profit margin up-to 30% since demand is high at the moment.
The profits i make i will use it to re-invest,pay fees for my siblings and pay my bills.
40 PCS -Trousers @ 500 ksh 20000
100 PCS-Shirts @200 Ksh20000
100 PCSsocks @30 KSH 3000
Jan 21, 2016
Cost to entrepreneur
Service fee: $19.20
Anthony opted to pay $88.60 into the Zidisha Members Loan Fund in return for a higher starting credit limit.