Purchase bales of second hand clothes for sales

Mary

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Mary

Member since

July 2017

On-time repayments

124 installments  •  17%

About Me

Am called Mary Kanditi and I was in the year 1984 in Kisumu County in nyanza Province in the republic of Kenya.
I went to Kore Primary School between the year 1989 to the year 1997 at the same School and due to lack of School fees I did not with high school education instead I looked for a job for selling second hand clothes to my my boss for a bout six years.

After I saved money from my little earning from the said job I started my own business of the same of which I have done till now and is still doing well and I look forward to expand more this year and also the coming one.

Am now married with two children both lower primary School one boy is the and one girl is the youngest.

The unique thing in the place am coming from is that girls are forced to marry immediately she is out of School weather she is still very young or not especially when there is poverty at home .

All my two children want to come teachers when they grow up and as well as business men .

My unique hobby at my free time is reading the magazines and business journals.

My Business

I provide and sells second hand clothes and jwelleries to my customers.
These goods are so useful and are in great demand due to the fact that people are so many in this region and population has really gone and of-cause people must put own clothes as fashion and for protection from the coldness.

I chose this kind of business because I had avast experience in this business since I started doing when I was very young just from my primary School.

My typical cost is 35000KES.

This how I use the profit I get from this business.
1.School fees for my children is 20,000KES.
2.Reinvestment to grow the business is 4,000KES.
3.Home improvements is 10,000KES.
Thank in advance and I hope you consider my application for funding and I personally promise to be faithful in repayments as stated above.

Loan Proposal

When am given the loan amount am now applying for then I will be able to purchase one extra big bale of second hand clothe for sales for my business at 100 US Dollars.
This will give an upper hand to sell to my customers all types of their choice in my store ,and this will boost their moral in my store ans it will also boost my income ,and my people will benefit from the profit I get by providing all the necessary Items .

When this plan of mine is implemented then I expect this business to grow by 30% this year before it ends.

And I still pledge my sincerity and honesty integrity and faithfulness to pay all the loan just in good time as scheduled.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$101.00

Date disbursed

Sep 23, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

Jamal Hamou

Cascadia, Canada

PG

Paul Graham

United States

Craig Newmark

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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