Restocking my bedroom textiles shop

Nelson Nguyai

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nelson Nguyai

Location

Nairobi, Kenya

On-time repayments

281 weekly installments  •  41%

About Me

I am 30 years old married with one child.
I was born in Nairobi.
I have always wanted to be an entrepreneur and have previously sold mobile phones before venturing out into textiles where I saw a big gap unlike the mobile phone business which was saturated and dominated by big players.
I have a bachelor of commerce degree majoring in marketing.
I love travelling and learning new cultures.
I am also an ardent sports fan and regularly attend sporting events all over the country.

I aim to grow my business into a big online retail business and expand my product offerings.

My Business

I sell bedroom textiles. These are duvets, duvet covers, pillows,bed sheets, curtains and rugs.
I am based in hurlingum nairobi.
I market my product through my facebook page "Style My bedroom"
The link to my page: www.facebook.com/stylemybedroom
I have over 54000 fans on my page.
I have been in this business for over 2 years now.
I import the beddings from United Kingdom and sell in Nairobi.
I make home and office deliveries to customers via a courier.
My average revenues per month are $1388.
My typical costs are :
$ 40 on Facebook Advertisement
$600 on purchasing stock
$255 on shipping, logistics and customs
$77 on rent for my small office
My profits are on average 30% of my revenues £416.
I use majority of the profits on home improvements, i also re -invest part of the profits.

Loan Proposal

I would like to increase the amount of stock I hold at any time to avoid stock-outs and also increase product variety for customers.
I would like to use $380 to buy new bedding range specifically targeted at Kids bedroom as I have not exploited this market to its full potential.
This will earn me additional income of approximately $100 that I will re-invest into the business so as to increase my capital.
Zidisha has been of great help to my business for the last few months during which I have managed to increase my product offering ( introduced rugs & carpets).

Feedback

4

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$387.48

Date disbursed

Apr 27, 2015

Repayment status

On Time

Projected term

14 months

Cost to entrepreneur

Service fee: $19.38

Lenders

rebecca

Chapin SC, United States

J

johans

Malmö, Sweden

N

nkalina

Bloomington, United States

JB

James Broderick

Cobham, United Kingdom

C

CWS

Huntington beach, ca, United States

B

bgalon

London, United Kingdom

A

alfredo

Bremen, Germany

H

Hilke

Bremen, Germany

Dymero

Manchester, United States

S

susa

Forchtenberg, Germany

G

Givemoreuseless

Waterloo, Canada

C

Christian

Saarbruecken, Germany

investor

Candiac, Canada

J

johan

Oslo, Norway

torelizer

Reggio Emilia, Italy

J

JonnyPrice

San Francisco, United States

S

Spassmacher

46244 Bottrop, Germany

Umair Mahmood

Raleigh, United States

A

adwatson

Milan, MI, United States

BelleStarr

Albuquerque, United States

K

KakkoiiCali

Anaheim, United States

K

Kubicek

Baton Rouge, United States

L

Lunatoon

Grants Pass, United States

A

andyfletcher

I want my "My loans" page back, Qatar

L

lumlum

Renens, Switzerland

DeanDropshot

Oslo, Norway

I

ideerge

Mountain View, United States

Tilius

Oslo, Norway

S

stroll

Stockholm, Sweden

Straetman

Kaarst, Germany

G

golivera

Lima, Peru

J

jozua

Delft, Netherlands

W

world

Kansas City, United States

B

bizarresmom

Willowick, United States

johnnorris

Aberystwyth, United Kingdom

L

louisela

Eugene, Oregon, United States

G

gt2016c

Birchgrove, Australia

A

AJCortens

Boise, ID, United States

J

jjcharlie

chicago, United States

ZlataRoy

Cheltenham, United Kingdom

M

markj

Camberwell, Australia

Pere

Barcelona, Spain

Zidisha

Sterling, United States

AmeliaAndMatt

NSW, Australia

T

ToddK

Indianapolis, IN, USA, United States

A

ashtanga99

Newport, United States

Kysera

Crawfordsville, United States

S

SelvaMarcus

Green Cove Springs, United States

T

tmsaddress

Orlando, Florida, United States

Andreas1974

Fristad, Sweden

J

jzidi

Los Angeles, United States

P

pillepalle

Osnabrück, Germany

birtom

Ettlingen, Germany

Jouni

Finland

southcentral

Zürich, Switzerland

W

wildnis

Seattle, United States

MichelD

Bangkok, Thailand

S

Sergio

Boise, United States

RoryWitt

San Diego, United States

K

Kaz12

Winnipeg, Canada

ads68

Melbourne, Australia

K

katykoo

New York, NY, United States

N

Nassara1

Evergem, Belgium

J

janharg

Garland, Tx, United States

T

Travelbear

Asheville, United States

E

eirccharrie

Cupertino, United States

O

Oktober

North Kingstown, United States

dhulsterwim

LIER, Belgium

Echo

Wellington, New Zealand

M

mwkelley2

Columbus, OH, United States

MPatino01

Somerville, United States

yorick

Springfield, United States

Z

zblongladder

Somerville, United States

W

WellingtonPFClass

Columbus, Oh, United States

M

Mooper

Los Angeles, United States

R

rawlo5660

san jose, United States

J.Schindler

Heber, United States

Student

Oulu, Finland

C

cescotet

Needham, United States

D

Diane

Blue Hill, United States

D

DearbornJackson

Rockville, United States

OlyRhys

Olympia, United States

C

Christina345

London, United Kingdom

T

Tui1974

nuenen, Netherlands

D

dannimw

Victoria BC, United Kingdom

chadgibbs

Loveliest Village, United States

fairspirit

Utrecht, Netherlands

davidt

San Francisco, United States

claire.mcleland

Springfield, United States

Zal0m0n

Atlantis!!!! x), Mauritania

T

Travelover

Northville, United States

Parkmobile

Fort Bragg, United States

S

skohli

san francisco, United States

M

markus61

cologne, Germany

Jamesaubrey

Norman, United States

D

daylin

Chicago, IL, United States

M

mibrahim51

Mountain View, United States

C

Clben7

Cincinnati, United States

J

JudoGlenn

North Olmsted, United States

D

dmartink

Maryland, United States

G

GreenMoney

Lahr, Germany

M

Mystery15

Winnipeg, Canada

Matching Fund

Sterling, United States

J

Jonas

Linköping, Sweden

Paul Buchheit

Mountain View, United States

S

simonista

United States

E

Eleorest

United States

M

merk85

United States

mepster

San Francisco, Ca, United States

W

wesbh89

United States

J

JonAlec

United States

A

AlexH

United Kingdom

S

stryker75

United States

SV

sven vdk

Twickenham, United Kingdom

M

M.Umar

Pakistan

Andrew267

Birmingham, United Kingdom

KM

Kirsty M

United Kingdom

Michelle

Sydney, Australia

E

Erich

Zurich, Switzerland

Dave Bogard

New York, United States

MF

Martin Fisher

United States

AA

Adam Atlas

Montreal, QC, Canada, Canada

Robert

Sweden

Jerome

Switzerland

A

Alan

United Kingdom

Francoise Kuenzi

Neuchâtel, Switzerland

Kate Courteau

United States

Jack Doolan

Newcastle, United Kingdom

Kevin

San Francisco, United States

KD

Kent Don

United States

TS

Ted Suzman

United States

RW

Roger Wang

United States

A

Antonio

United States

J

Jygge

Halmstad, Sweden

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

Loading...

Loading...

Loading...