Purchase of tops and dresses

Dorcas

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Dorcas

Member since

April 2015

On-time repayments

55 installments  •  64%

About Me

I started schooling in a school Nakuru, performing well to high school and to my college certificate of animal health. I started working as a pestcontrol official in a company located around kasarani, worked for 2 yrs resigned to start my own business in the gikomba market taking my wares to offices and friends homes. later moved to zimmerman and opened a shop where i have clients living around and others visiting this areas who are amazed by what i do.

in the place i live mostly i have young families and i enjoy their company because of the small children who come along with their parents. we have a wholesome association, telling me of thier new adventures.

i have 1 son who i adore so much and wants to be a proffesional photographer when old enough.

My Business

I deal with second hand clothes. this items are on demand because of their daily routine in life. we need clothing and household items e.g mats curtains, baby clothes our dressing. i choose it because this is an essential need and people in my area have come to appreciate fashion. this kind of business does not require alot of capital and you are able to restock with not alot of money. the stuff i sell is easily affodable to my customers.

i buy my stuff from arange of 10000-20000 giving a revenue of 5000. i do asale of each item at the cost of 350 - 500, some from 800- 1000. some times people tend to compain but we are able to reach to abetter conclusion. mostly i budget my money for sons upbring in buying him his basic essetials to be used in his school and school fees. buying him his school uniforms, clothes that he use at home. my business growth is also very important so i tried hard to add more and new fashions to keep it growing. finally my home improvements i try to buy products for every day use and in case i need anew gadget in my house which i need to budget for sometime.

Loan Proposal

I will go to my local second hand market and purchase as usual my first hand tops which cost will be 6500 ksh and dresses which will cost 5000. This will make improvement in my stocks in diffrent sizes and a bigger veriety to choose from leading to customer satisfaction. I also anticipate an increased profit sales of 5000 ksh per month after paying the loan.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$116.00

Date disbursed

Apr 3, 2016

Repayment status

On Time

Projected term

7 weeks

Lenders

H

hilde

seattle, United States

ads68

Melbourne, Australia

bb4dogs

United States

S

Sven

Netherlands

MW

Matt Willis

United States

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Ask Dorcas a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...