Selling used clothing to put my sister through high school
Judith
Kilifi County Baharini Location, Kenya
100% repaid
Entrepreneur
Name
Judith
Member since
June 2013
On-time repayments
349 installments • 86%
About Me
My names are Judith Nthenya. currently living in Kilifi baharini. Am thirty four years of age. I am the fifth born in a family of six siblings living with a single parent, my mother. We are three sisters and two brothers both my two sisters are married. My mother is not employed on a basic salary but she attends to her farm in order to make a living out of it. I cleared my primary education in kitooni primary school in Machakos County which is my ancestral home. After clearing my primary studies I joined tututha high school, after that I joined the Kenya institute of applied sciences to persue a diploma in applied science. I moved to Kilifi thereafter in order to find myself a job which I didn’t and decided to start my own business..
My Business
My business deals with selling second hand / lightly used clothes and news clothes. My business is situated in Kilifi which I can say is a strategic location for my business as many people from the area prefer both second hand clothes and new clothes depending on accassion . I have been in the business for the past five years, the clothes I sell earn me a profit of one hundrend shillings a piece. I started it with a capital of five thousand shillings, which has increased as my output has continuously expanded. I get my stock from the town center and neighboring country Tanzania. With your assistance I would increase my stock and also broaden my sales as I see great income in the coming future.
Loan Proposal
thank you so much for this another privilege. I will use this loan in buying second hand cloth and new brand clothes . I have made my investigation for the past one year and see that I can make a fortune by mixing this two together. The business of second hand cloth selling has been doing very nice and has been helping me in paying school fees for my young sister who is secondary level. I have raised from a profit of one thousand a day to one thousand five hundred a day in the recent past six month. I am certain sure that with the mix of this business I will be able to harvest a lot, especially from the pwani university a round my premise. Thank you so much as you prepare to fund me once again.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$280.00
Date disbursed
Mar 2, 2015
Repayment status
On Time
Projected term
11 months
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