Purchase of Clothing Stock for Professional Customers
Millicent
Pipeline Nairobi, Kenya
40% repaid
Entrepreneur
Name
Millicent
Member since
February 2014
On-time repayments
19 installments • 42%
About Me
My names are Millicent Mwangi .I live in Nairobi,a business woman dealing with a range of products,starting from kids clothes and ladies dresses,Currently i have a friend at the middle eastern who imports classy lady leather handbags and classy shoes for the ladies and supply to me in large quantities.I own a small store at the estate so most of my clients are within so when i have new stock they are the first clients i get and they are in large numbers.
I also do deliveries in offices around town and also at homes on request.
Some of my clients are permanent employees so there is barely time for them to come shopping so i make work easier for them and do free deliveries my customers are mostly my friends and my friends' friends .i do deliveries on request while some customers come for what they want since my goods are known to be of good quality. I love my job so much since it feeds my family and takes care of my needs.
I use my earnings from my business to take care of my family and add on my stock since like kids wear are always on demand and i cant afford to be out of stock. i always make sure that i save for tomorrow.
My Business
i will use my profits in adding more stock and also give a good education to my son. My business is an all time business you just need to change with the weather and there will be no loses .like now during the hot season i make sure that i do the light clothes eg fancy tops and saddles for the ladies, when the cold season comes i make sure i have warm clothes and boots for the ladies.My customers are always on call with the change of weather so demand is always high.I give my customers good discounts and help them choose what is best according to their body sizes and complexion.I get a profit of approximately 200-300 dollars a month.
Loan Proposal
Given this loan i will purchase more official dresses for my working customers,The festive season is over and people are going back to offices,this being a hot season my customers are asking for more and more light wear to beat the hot sun.
The dresses i want to purchase are already booked ,immediately they are at my store clients will be picking them the following day and i will also do deliveries to those customers who are held up in offices or when running other errands.
I will be able to pay zidisha loan in time and also take care of my bills.
The whole dress bale will cost 200 dollars ,and i am guaranteed of double income after i have cleared the sale.
thanks in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$50.00
Date disbursed
Jan 18, 2015
Repayment status
Late
Projected term
2 months
Other loans
Lenders
Cobham, United Kingdom
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