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.
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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
Austin, United States
Republic of Korea
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