Shoes and clothing enterprise

James

Thika, Kenya

100% repaid

Entrepreneur

Name

James

Member since

January 2015

On-time repayments

72 installments  •  61%

About Me

I am a 27year old man born and raised in Thika.I studied at Genaral Kago primary school and later joined Broadway secondary school which i cleared in 2006 with a C+.Due to lack of school fees i joined Garissa primary school as private employed teacher for to raise my college fees.I joined the Excel Institute as as CPA student in 2012.In the year 2012 i started a shoe business to supplement me as i was studying which i supplied in the evening.Thika is a town with diverse culture that has a lot of colleges and i the demand of clothes and shoes is very high.In the year 2013 business was match demanding and i changed my classes to part time to enable me cater for my fees.My pass time is spent as a football coach to slum kids and orphans in institutions such as Wema,Action aid and angaza sports and development centre.

My Business

My business involves supply of shoes and clothes to the local community.Thika is a town with diverse culture and it has atleast 60% of its group as ladies.This is why i chose to take this type of business to meet rising demand in this item as due to the high number of students in Thika.My cost involves purchase of inventory,rent and transport.My profit is spent on personal needs,reinvestment and education.

Loan Proposal

since we are nearing now to the festive season the demand of clothes,shoes,belts will definitely go up.hence as an entrepreneur i want to use this opportunity to make more profit out of the high demand of the clothes,shoes and belts.when i get the loan first thing to do is to increase the stock of clothes and shoes which at the festive season they are of high demand.this will enable me to improve on the stock of the enterprise,hence it will improve on the performance of the business,this will improve my life greatly because i will be able to meet my social need easily.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$90.00

Date disbursed

Nov 11, 2016

Repayment status

On Time

Projected term

4 months

Lenders

Krtecek

Balzers, Liechtenstein

F

flaguy999

Tampa, United States

dlpringle

Denver, United States

Paul Buchheit

Mountain View, United States

Kyle Hoback

Omaha, United States

Villa Maria Outliers

Montreal, Canada

PG

Paul Graham

United States

M

Magnus

Switzerland

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

Paul Buchheit

Mountain View, United States

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