Bed sheets, second-hand clothing, girls' dresses & boys' trousers

Alphonse

Nairobi, Kenya

18% 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 buy a bale of Jeans to sale and it will enable me to repay my loan. It will cost US$150.00 and I anticipate good business. The rest of the money I will renovate my kiosk. It will increase my profit to 50%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$194.00

Date disbursed

Mar 23, 2016

Repayment status

Late

Projected term

43 months

Other loans

Lenders

Craig Newmark

United States

The Zinc Team

San Francisco, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

Loading...

Loading...

Loading...