Entrepreneur
Name
Nicholas
Member since
August 2015
On-time repayments
95 installments • 66%
About Me
I was born in a village called kathigu,i started my schooling in kathigu primary school where i completed my kcpe, i went to igoji boys secondary school where i completed my form four.I went and studied to be an electrician.i have overcome many challeges in life but ocercame them all through determanation and will to become a better person.i started a small business of selling clothes after searching for a job for a long time.My culture is so interesting because we believe in elders blessings inorder to be successful in life.my hobby is watching fashion programmes.they give me an idea of how i can improve myself.
My Business
I sell second hand clothes.These clothes are very usefull and on demand since they are much cheaper and last long. i choose this kind of business because second hand clothes are bought faster than new clothes.My typical cost is 15000 kes and i pay 1200
kes for my licence every year.I make alot of profit and i use the profit to pay my workers and take care of my family.
Loan Proposal
I am going to add more clothes and open a new shop.l am also going to buy more sewing machines.This will help me increase my workers salary,pay my childrens school fees, cater for their clothing.i will also be able to offer my customers what they need.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$360.00
Date disbursed
Oct 14, 2016
Repayment status
On Time
Projected term
5 months
Other loans
Lenders
Hong Kong
Australia
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