Second-hand clothing shop

Scholastica Ntarara

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Scholastica Ntarara

Location

Nairobi, Kenya

On-time repayments

348 weekly installments  •  100%

About Me

I am a 28 year Old Born in Meru. I schooled for both my primary and secondary education in Meru and later joined Mt. Kenya University in Thika Town where i did Diploma in Community Development and Social Work graduating in 2013. My family were not in formal employment in fact they were struggling to bring us up and seeing all they went through to provide for us and make sure we went to school i promised to give it my best and make sure i do well in my education. After my graduation i moved in with my boyfriend who in September 2014 gave me about $200 to start a business since getting employment was not easy. I invested the whole amount in second hand cloths and beauty shop and i am now happy trying to grow my business. We are blessed with two children a girl who is 7 years and a boy who is about 2 years now.

My Business

Since i was young i liked being neat and while in school i would always look for unique items to put on. It was from this and after sharing my idea with my boyfriend who had also noticed my liking for beauty products that he decided to fund me with about $200 to start a beauty shop. I started small where i bought some few beauty products combined with ladies second had clothes. Due to my commitment and passion for this line of business it has been growing at a commendable pace. My customers like me and my husband also likes visiting my shop because he say he finds me funny selling and negotiating prices with my customers.

Loan Proposal

I will use the entire loan amount to purchase a new stock to boost my second hand clothing shop as i await for my graduation in August which has partly been made possible by the Zidisha Community.

Income Source

It has been a difficult period especially for the business community, however due to the measures our government has put in place things are getting better and people are beginning to get back to normal living. I will use the few monies am making to repay the loan as we await for business environment to stabilize.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$751.99

Date disbursed

May 16, 2020

Repayment status

On Time

Projected term

12 months

Cost to entrepreneur

Service fee: $67.61

Credit risk payment: $101.41

Lenders

R

Raabo

Rungsted, Denmark

PaulE

Cockeysville, MD, United States

BelleStarr

Albuquerque, United States

AltruisticSelfishnes

Chicago, United States

C

ColinPlatt

Montgomery Village, United States

B

Bpryse

Long beach, United States

S

soren

Göteborg, Sweden

L

ldron7

Utah, United States

T

Tallago3

Munich, Germany

AnnaChristina

Pittsburgh, United States

T

ToddK

Indianapolis, IN, USA, United States

JimVandegriff

Trinidad, California, United States

JessieD

Alexandria, Va, United States

Z

Zippo

Berlin, Germany

Shasta

Erie, United States

G

glomardor

Leonardtown, United States

Cloudways

Malta, Malta

J

jzidi

Los Angeles, United States

M

MichaelJames

London, United Kingdom

M

mkfiddler

Santa Barbara, United States

Jouni

Finland

S

SvenWaage

Stavanger, Norway

Namaste250

Pittsford, United States

K

Katehar

Maple Valley, WA, United States

ads68

Melbourne, Australia

S

Scodeb123

Huntsville, United States

S

spesalvi

Houston, United States

P

Peksa

Espoo, Finland

basicus

Cairo, Egypt

A

Andy

Berlin, United States

nakamura

United States

Patrick

Berlin, Germany

JTShorty

Gorham, Maine, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

numbat

Perth, Australia

C

Colmena

Chicago, United States

paulclinton

malaga, Spain

Zal0m0n

Atlantis!!!! x), Mauritania

A

AndrewC

London, United Kingdom

P

Pavane

Kungsbacka, Sweden

C

cerowain

Melbourne, Australia

dmirpuri

Bangkok, Thailand

ibc123

Seattle, United States

J

jinx83

Brisbane, Australia

A

ADISI

Bern, Switzerland

R

rosebo

Bend, United States

mikeice

Kohler, United States

C

Clben7

Cincinnati, United States

L

lobotommy

OSLO, Norway

sderickson

Berkeley, CA, United States

Arjan Geven

Vienna, Austria

J

Jonas

Linköping, Sweden

M

merk85

United States

JA

Jorge Alagon

Munich, Germany

mepster

San Francisco, Ca, United States

chriseyre

Fremont, Ca, United States

Grant Xavier Storer

Seattle, Wa, United States

K

KiraDee

United States

T

Tony1

Australia

S

Stephan

Netherlands

S

Sven

Netherlands

Dave Bogard

New York, United States

R

Robert

Berlin, Germany

MW

Matt Willis

United States

Matt B

Stratford Upon Avon, United Kingdom

LJ

United States

Lou Kaucic

Sanbornton, NH, United States

Richard

Shrewsbury, United Kingdom

AG

Alexandre Genereux

Gatineau, Canada

moursund

Beaver Nation, United States

Max Lettenberger

Madison, WI, United States

Kevin

San Francisco, United States

I

Ian

United Kingdom

EB

Erica Brescia

United States

C

cota

United States

Z

zaroastra

somewhere over the rainbow, Portugal

ME

Manaal Eisa

Washington DC, United States

Marcus

Germany

Mary

Germany

Ren

Minneapolis/StPaul, United States

Joost

Noord Brabant, Netherlands

MG

MICHAEL GANN

United States

MJ

Myles Johnson

United States

Sayuri

United Kingdom

EG

Erik G

Switzerland

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