Secondhand clothes and beverages

Charles

Mombasa, Kenya

4% repaid

Entrepreneur

Name

Charles

Member since

March 2016

On-time repayments

155 installments  •  25%

About Me

I Charles NJUGUNA mugoiri aged 31 years i was born in thika district kamwangi division mang'u location karuri sublocation in a family of seven three males and four females being a third born, I went to igikiro primary school in 1991 where I learnt up to class eight and then went to mang'u high School in 1999 thereafter I got employed with a small company which was processing milk, there is where I manage to get capital to start my own business of selling second hand clothes the business grown up to now where i have large quantity of stock. My two children work hard in school willing to be businessmen. I am willing to be buying goods in large quantity than i am now.

My Business

i am selling secondhand clothes which i buy into pieces. These goods are in demand because most of the people prefer to wear secondhand clothes than new ones because they are cheaper and affordable compared with newones. I choose these business because most of the people of where I locate my business earn less money. The stock is getting up because by now i have a stock of thirty three thousand. I have managed to use some of my profits to pay school fees of my small brother and sister and to feed my family, I also use the rest of my profit to add stock.

Loan Proposal

By the time i will get the cash I will manage to divide the amount some I will buy secondhand clothes which will cost fifty eight dollars. Also I will buy beverages to add stock in my new business which will cost sixty seven dollars. I will be benefited by getting more customers and different one whereby my earnings will increase and I expect my profit to increase up to seventy percent

Feedback

2

None

None

  • BernadetteV    Jul 2, 2017

    Repaid the loan just as he had promised. All the best for you.

    Log in to reply • Share
  • Ahadi    Apr 25, 2017

    Charles is a serious borrower.
    Perfect repayment.
    Asante sana.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$116.00

Date disbursed

Nov 10, 2017

Repayment status

Late

Projected term

25 months

Lenders

Mike and Jacqui

United Kingdom

PG

Paul Graham

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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