Second hand clothes, bed sheets and shirts

Alphonse

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Alphonse

Member since

June 2015

On-time repayments

222 installments  •  19%

About Me

I am the first born in my family. I attended both primary and Secondary education at
St' Mary's Boys Primary/Secondary School. I used to go to school bear footed.
I manage to overcome the hardship after I started my own business. I come to start
my own business by doing some cause labors to earn money. When I got the first payment I started boiling eggs to sell to customers on the streets. After selling for
over one year I started selling second hand shoes. That was the time I bought my
self a pair of shoes.

My Business

I now sell second hand clothes which will enable me repay the loan. I sell
Men's jeans, Shirts and Bed sheets. The goods I sell are very cheap for every
body to afford. I choose this kind of business because I didn't have much money
to buy new products. A bale of Second hand clothes cost US$177.00 (Kshs. 17,000.00)
I use the profit for my upkeep and growing the business and also pay school fees for my siblings.

Loan Proposal

I will use the full loan of US$99.00 to select some clothes for sale. I will use the profit to
add more stock, repay Zidisha Loan and for my upkeep. When I start repaying the
loan I will invite my brothers, Cousins, Uncles and Aunts to join Zidisha.

I expect a profit of 50%.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jul 6, 2015

Repayment status

On Time

Projected term

7 months

Other loans

Lenders

PG

Paul Graham

United States

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