Second hand clothes in the estate

Steve

Kahawa West(nairobi), Kenya

21% repaid

Entrepreneur

Name

Steve

Member since

March 2014

On-time repayments

21 installments  •  38%

About Me

Am a 33 yr old kenyan living in Nairobi Kenya.Am running an ICT training institute located in the Central business district.

I hold degree in IT from Jomo Kenyatta university.

We started the training institute in order to equip the youths with hands on ICT skills that will enable them become self employed and thus reducing level;s of poverty in our country.

During my free time i like interacting with friends and hearing what they have been upto and also get some business tips from them as you know information is power.

I am a go getter and i don't believe in failing,My work team have to carry the mission and vision of the business at all time.

My Business

My main source of income is the salary i get from the business.Apart from this salary i also get income by developing websites for different clients

There is alot of demand for the training but the competition is also high.

We find most clients preferring our services since they are distinct compared to other training institutions.This is because our training is hands on compared to other institutions that offer theoretical training.

I intend to invest the loan in a business where i will be second hand clothes and sell them in our estate.

Loan Proposal

I intend to use the funds to start a business of selling second hand clothes in our estate.I have done enough research and found out that it would cost me KES 100 to buy one shirt and resell it at KES 400 meaning that i will have made a profit of KES 300.

I also discovered that most people prefer this second hand clothes since they are unique and its rare to find someone else with the same shirt as yours.

Am appealing to the lenders on this platform to help me start on this noble idea that is going to grow into a big business in the near future.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$148.00

Date disbursed

Jul 10, 2014

Repayment status

Late

Projected term

3 months

Other loans

Lenders

C

cjmenchaca

Austin, United States

J

Jessica

Patagonia, Argentina

JimVandegriff

Trinidad, California, United States

Kenji

Panamá, Panama

Sarasota

Sarasota, Fl, United States

T

thebonseung

Republic of Korea

Matching Fund

Sterling, United States

D

DStateDDB

United States

Mikers

Netherlands

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