September clothes inventory boost

Godfrey Nambwaya

Kakamega Joyland, Kenya

100% repaid

Entrepreneur

Name

Godfrey Nambwaya

Member since

May 2014

On-time repayments

253 installments  •  92%

About Me

I am a young Kenyan Male residing in Kakamega Town. I am a graduate of Egerton and Jomo kenyatta University and have worked as a banker for the last 9 years with Barclays bank of Kenya and later Equity bank. I have passion for business and i do engage in supplies of general office equipment and commercial poultry farming. I do also engage in the sale of second hand clothes on a small scale. I have learned to get determined in whatever income generating activity that i engage in and hence this has made me succeed in most cases.

My Business

I engage in commercial farming and freelance academic consultancy where i am an academic research assistant on various topics. This is my key economic activity that sustains my upkeep. Currently i have started the poultry farming and second hand clothes business and i wish to expand it to a level where i can manage my costs and expenses well while i retain profits. This is a promising business because i have done it for over nine months and i feel it has the greatest potential if i expand it. my current stock is about $4000 and i am seeking $960 so that i may boost my stock by adding 5 bales of ladies clothes so as to serve more customers. The first bale that i was funded here did well and now i have a bigger market. It enabled me to pay my loan well without any difficulty.. This is my second loan and i hope to add more because i have already created demand.

Loan Proposal

We are approaching the Christmas festive season. Here many people are planning to buy clothes that they wear during the december holidays. I therefore plan to spend this money on increase the stock in my shop so that i may meet the high demand that i always experience. I already have several inquiries from my loyal customers and i want to plan early for this.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$405.34

Date disbursed

Sep 28, 2016

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Service fee: $16.69

Lenders

T

Tmann

Los Angeles, United States

ErikN

Stockholm, Sweden

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Matching Fund

Sterling, United States

Paul Buchheit

Mountain View, United States

BB

Ben Bellows

United States

PG

Paul Graham

United States

Taylor

Memphis, United States

Thomas

Sweden, Sweden

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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