Stock for my shop

Entrepreneur

About Me

I am a 30 year old born again christian. I have a form four certificate and a certificate in theology. I am a business woman dealing in second hand clothes. when my mom become sick in 2007, i had to cut off my education and look after her. since she was a single mother, i had to look for ways to make sure she got her medicine after extended family members stopped helping her. I started selling second hand clothes with an initial capital of just $ 5 (Kshs 500). I did the best but she had cancer and has since passed away. i continued with business and i purchase second hands clothes from gikomba market and sell them at my stall in Ngarariga town. The growth of my business has been slow and would do with some financial boost.

My Business

After selling clothes here for more 5 years i have a good customer base. i mainly deal with women clothes. this is how i earn

monthly turn over $500 (Kshs 43,000)
Expenses approx.(business) $115 (Kshs 10,000)
Rent and food & other expenses $ 93 (Kshs 8,000)
Miscellaneous $ 60 (Kshs 5,000)

Balance $232 (Khs 20,000)

That is how my business is and the amount of money i make from it. going with these figure i will be able to service my loan without any problems. Thank You in advance and may God Bless You

Loan Proposal

Hello Lenders,

Let me take this opportunity to thank you for funding my first loan and laying your trust on me. I was able to propel my business to a higher level and make more money.

I am here for the second loan, so I can add stock to my cloth selling business. This will help me attended various markets during the market days since I will have more clothes to sell. It also means that I will have a wider customer base too.

I have committed to paying Kshs 1,000 every Saturday and it's in my every intention to pay the money back. Thank for trusting me with the previous loan and I hope you will do the same with this second loan.

God Bless You All

Mercy Njeri

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Loan Info

Lenders