Replenish my stock of women's and girls' clothing/shoes

Ruphence Kuligha

Mombasa, Kenya

17% repaid

Entrepreneur

Name

Ruphence Kuligha

Member since

December 2014

On-time repayments

154 installments  •  8%

About Me

I was born in Taita Taveta county in 1987 being the first born in a family of three siblings, one brother and one sister. I went to Werugha primary School in the same county up to standard eight. I joined Shimbo Secondary school in 2003 and after one year relocated to Mombasa county where I joined Mbaraki Girls Secondary in form two. I sat for my O-level exams in 2006 and then joined Today Computer college for a computer course. I got a certificate in computer packages including accounting package - quick books. I got a job and after working for two years I decided to try my hand in business. I started selling second hand women clothes like the one in my profile picture. I have two kids whom am educating but have not decided what they want to be when they grow up. My hobbies are, watching movies, reading and traveling.

My Business

Mt business deals in selling second hand women clothes although am planning to start selling new ones also. I sometimes sell women shoes also. I do sell my goods mostly to working women as I supply then to their offices.
The second hand clothes and shoes are in demand because comparatively they are cheaper than new ones and some of them are of quality and as good as new. I chose this kind of business since I know women like replenishing their wardrobes more often than men. In a good month I can make up to Ksh 40,000.
The money I get I use to educate my two children , clothe and provide food for them . I also use the same for my rent and payment of my bills. Above all I try to save the little I can and also expanding of the business.

Loan Proposal

Once given the loan i will buy the clothes and shoes for my business. I will use 80 dollars to buy clothes for women, another 80 dollars for women shoes, 40 dollars for girls clothes and the remaining amount to buy shoes for girls.

This will give my clients a wider choice to select from and in essence they can make more purchases. All this will increase my earnings and improve my life in general.
I will be able to lead an better life as my business will flourish due to the loan.

I expect my profits to soar and actually double in the event.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$231.29

Date disbursed

Apr 27, 2015

Repayment status

Late

Projected term

32 months

Cost to entrepreneur

Service fee: $8.64

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