New shoes n baby clothes for my boutique

Passy

Litein, Kenya

100% repaid

Entrepreneur

Name

Passy

Member since

February 2016

On-time repayments

47 installments  •  47%

About Me

I am a born again Christian, hardworking and ambitious, I was born in litein Bureti District. I am the fifty born in a family of seven. I am blessed with one child. I completed my primary school education in 2000 at mercy Primary in Sotik. In the year 2001 I joined Pangani Girls’ School where I later obtained my secondary school certificate in 2004. In 2005 I joined Kenya Technical teachers college for a Diploma in Information Technology and Graduated in 2007....... After my internship I decided venture into business that can keep me busy and the same time allow me time to take care of my young family. After a proper analysis on the problem that the ladies were going through to access the kind of goods and services that I was willing to offer. I started clothes selling business where ladies and at times men place their orders as to how many pair they wanted ..

My Business

I largely rely on the profits generated from my business. My customers are mostly ladies and at times men but of a smaller percentage. I sell clothess to both individuals and business people. I operate in an area with less competition thus working to my advantage. Demand for my services is high given that the brand and quality of the fabrics is on the higher side. Due to efficient and effective service delivery this has made my business the most preferable to my customers by meeting their needs in a timely fashion. The business operates with one major risk which is bad debts where some customers move houses and do not make their residence known making collection of debts quite difficult, to ensure this does not occur I have made sure the most of my customers know each other and relate well. The business generates a minimum profit of three thousand, five hundred shillings weekly making my monthly profits to not less than ten thousand shillings a month, this puts me in a position of managing any loan that I may acquire for the expansion of my business.

Loan Proposal

I will add more shoes for 2000ksh for both ladies and kids.then 3000 ksh for a bale of baby clothes,788 ksh for men',s shirts .I will be having variety in my shop helping me increase my profit.am hoping that at least per day I will be able to get 200 which will help me increase my stock and also take care of my family

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$57.00

Date disbursed

Mar 17, 2017

Repayment status

On Time

Projected term

2 months

Lenders

MarktheMormon

Sandy, Utah, United States

F

flaguy999

Tampa, United States

Paul Buchheit

Mountain View, United States

Jan

Netherlands

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

Adam Fraser

Cambridge, United Kingdom

A

Anonymous

United States

Philipp Lehmann

Zurich, Switzerland

Paul Buchheit

Mountain View, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

JH

Jahida Hoque-sharmin

Cambs, United Kingdom

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