Srlling of second hand clothes

Nicholas

Nairobi, Kenya

100% repaid

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

When i get this loan,am going to open another shop where i will be making school uniforms instead of buying.I will create more jobs since am going to employ five tailors.I will buy sewing machines.i am going to make school sweaters and newborns clothes.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$301.00

Date disbursed

May 25, 2016

Repayment status

On Time

Projected term

4 months

Lenders

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

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Summary

Amount repaid

$316.06

Amount remaining

$0.00

Date repaid

Oct 2, 2016

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jun 5, 2016 $22.33 Jun 3, 2016 $22.33
Jun 12, 2016 $5.07 Jun 12, 2016 $5.07
Jun 19, 2016 $5.07 Jun 19, 2016 $5.07
Jun 26, 2016 $5.07 Jun 26, 2016 $5.07
Jul 3, 2016 $5.07 Jul 3, 2016 $5.07
Jul 10, 2016 $5.07 Jul 9, 2016 $5.07
Jul 17, 2016 $5.07 Jul 17, 2016 $5.07
Jul 24, 2016 $5.07 Jul 24, 2016 $5.07
Jul 31, 2016 $5.07 Jul 31, 2016 $5.07
Aug 7, 2016 $5.07 Aug 7, 2016 $5.07
Aug 14, 2016 $5.07 Aug 14, 2016 $5.07
Aug 21, 2016 $5.07 Aug 17, 2016 $5.07
Aug 28, 2016 $5.07 Aug 26, 2016 $5.07
Sep 4, 2016 $5.07 Sep 3, 2016 $5.07
Sep 11, 2016 $5.07 Sep 11, 2016 $5.07
Sep 18, 2016 $5.07 Sep 18, 2016 $5.07
Sep 25, 2016 $5.07 Sep 24, 2016 $5.07
Oct 2, 2016 $212.55 Oct 2, 2016 $212.55

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