Purchase clothings bale

Ediso

Gede, Kenya

100% repaid

Entrepreneur

Name

Ediso

Member since

November 2014

On-time repayments

64 installments  •  25%

About Me

i was born in 1989 in a small village at gede town in the coastal province of Kenya. its located in the newly created kilifi county. i started my education at gede primary and later joined francis bob tuva high school. i completed my O level study of education the year 2010. i then joined pwana university where i did diploma in teaching. up-to today am a professional teacher. through determination i managed to finish my studies but else i could not have completed due to fees problem but i differed studies and look for fees then go back. i started my business immediately after high school because i needed to save money for school fees. in our locality people preserve there culture and also the historic gede ruins makes the area unique

My Business

in my business i mainly sell second hand clothes. these good arte in demand as many people in the area are middle income earning hence don't prefer going for the new clothes which are quite expensive thus making it profitable for me. i mainly obtain my products from kongowea main market in Mombasa. these goods are cheap to obtain and are not perishable and they have high rate of output. this is why i chose this. my approximated income is ksh. 50000/= and expenses including rent transport and salary for my worker range to ksh.29000/=. i use my profit for re investment and home upkeep.

Loan Proposal

I will use the whole amount in this loan when given to add to my personal savings to purchase a bale of second hand clothes.this business have of late picked on well and i know in addition to new stock i will be able to make great sales. I like doing this kind of business because its profit is almost 100%. For that i do humble request lenders to help me on the same. Thanks alot and may God bless you all

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

Feb 16, 2015

Repayment status

On Time

Projected term

2 months

Lenders

Franmiguel

Perth, Australia

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