Purchasing four bales of clthes for sales

Mary

Eldoret, Kenya

23% repaid

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How it Works

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 I get this loan then I will buy four bales of second hand clothes for sales and this will cost a total of 200 US DOLLARS.

This will give .an oppotunity to sell to many customers as posible and this will give me a double prifit I have been getting in the past .

When this is implimented well as planed then this business will grow by 40% this very before the end .
I still pledge to be faithful in payments as scheduled .