Rubber shoes and khaki trousers for sale

Adamson

Kakamega, Kenya

Funds disbursed

$0 to go

100% funded of $203 goal

0

days left

Entrepreneur

Name

Adamson

Member since

December 2017

On-time repayments

26 installments  •  85%

About Me

I was born in a humble background in and studied in a public primary school at Nakuru Kenya I grew up with a single parent mother and now am in masinde muliro university fourth year of study.Its through my hard wor
k and perseverance in lower set education untill now that I am a success.
Similarly I decided to venture in business to earn revenue to reduce pressure to my guardian.By grandmother offered me a capital and now my business is growing abit,am buy and selling clothes bedsheets,duve and other clothing.The people here in campus like door to door delivery of resources so I'Il hawk around their hostels.Its my pleasure to avail the products to them I like it.

My Business

My business is buying of clothing at wholesale price and selling them at retail price I also deal with mutumba clothing and beddings.This goods are on high demand on youth around.I raise capital of Kes 30,000 and get profit of kes.15000 upon completion my challenges is daily expenditure in daily upkeep as a student too.I use the profits in paying part of school fees and improving my business.

Loan Proposal

I would use half of the loan to buy 20 rubber shoes @ 5$ and sell them @8$.The other half of the loan i would buy 12 khaki trousers@8$ and sell them @10$.This will help me increase my level of stock and customers will be happy to see variety of goods to shop in my business.Business-wise,i do expect my gross profit to increase by 10-15%

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$203.00

Date disbursed

Aug 13, 2018

Repayment status

Late

Projected term

4 weeks

Lenders

A

Anonymous

United States

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