Restocking my second-hand clothing shop

Canam Adenya

Eldoret Mwanzo Estate, Kenya

100% repaid

Entrepreneur

Name

Canam Adenya

Member since

May 2014

On-time repayments

72 installments  •  72%

About Me

I am Canam Adenya .daughter to Mr. and Mrs Adenya Joshua just finished my diploma degree in business management and accounts, living in Mwanzo and running a business of second hand cloths together with my sister Maureen. I intend to increase my current stock with the loan, due to the increased demand by my customers.
I start this Business 9 month ago and it has been of great success to me since. Second hand cloth is a trend and a fashion to our community as they are long lasting and unique. Since I started I have never been able to be at par with the demand due to luck of funds as I wanted to expand my business and create jobs to other members of the community.

My Business

My business is all about selling second hand cloths from a small shop I own just within Mwanzo Estate behind Rail-ply. My source of income comes from the profit I make from the business. There is high demand of second hand cloth as they unique and wanted to fill the gap, I want to supply more cloths to my nearby friends and client since they are asking for more and different design and quality. I have a dream to expand and be able to create jobs to members of our community I want to make an impact to many people and also be a pillar to development and be able to make a change by empowering youth to take up initiative by being an example of success from zidisha

Loan Proposal

Hello dear lenders and zidisha organization, first i am thankful for giving me this opportunity to boost my business.
The loan i am requesting will help me purchase one bail of second hand clothes to boost the current business I have and I will use ksh10,000 to purchase one bail of women clothes and the ksh1000 will be my transport.
\by the end of the week I will be in position to make a profit of ksh4,500 and ksh6,000 and this means by the end of the month i will be in good position to pay my loan well every week and also to get something to put on the table for my kid.
this is why i am requesting for your help to boost my business and produce good returns.
thanks in advance for the help.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$139.41

Date disbursed

Jun 20, 2014

Repayment status

On Time

Projected term

6 months

Cost to entrepreneur

Lender interest: $139.41 at 7.08% annual rate over 6 months = $5.12

Service fee: $2.59

Lenders

EricDWalters

Rochester, Mn, Usa, United States

H

hilde

seattle, United States

P

pellm

Ashland, United States

Z

zmilez

London, United Kingdom

Sarasota

Sarasota, Fl, United States

L

lamar

lamar colorado, United States

Matching Fund

Sterling, United States

Leonardia

Waddinxveen, Netherlands

D

dk1234

Netherlands

P

pfeng

United States

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