Purchase of material for clothing production

Vincent

Suneka, Kenya

97% repaid

Entrepreneur

Name

Vincent

Member since

January 2015

On-time repayments

6 installments  •  33%

About Me

my home town is suneka a place in the large kisii in kenya.I grew up here and went through my primary and secondary level successfully and averagely passed in both levels.after high school I joined a tailoring course which i completed successfully and with the help of well wishers was able to raise enough money to start a cloth production repair workshop where customers order for their customized clothes and also come for repair of torn ones.I have a daughter and a son who want to be doctors when they grow up.I like football,traveling and fashion events .

My Business

I sell ready made clothes,customized clothes and also repair torn clothes.human beings can not do without clothes it being a basic need thus creating a huge demand from the community and also proving warmth and comfort to them.I chose this kind of business because i had passion for fashion and yet still it is profitable.I spend $390 in a month and make about $200 in profits.I use the profit for fees and payment of family bills.

Loan Proposal

If my loan is funded I will use to buy materials for to produce ready made clothes for sale.I will spend the whole $100 in purchase of this material.this will boost my profit by approximately 15%.this will see to it that there is better living standards for my family.hope my loan will be funded.Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 27, 2015

Repayment status

Late

Projected term

6 weeks

Lenders

Sombreronick

Mainz, Germany

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