Stock increament

Dennis

Chuka, Kenya

100% repaid

Entrepreneur

Name

Dennis

Member since

July 2016

On-time repayments

34 installments  •  38%

About Me

I started my school life in early 1998, at a village early childhood education centre, went through primary school and later secondary school. I enrolled for education course but could not complete due to lack of fees. in life challenges are to be anticipated for but persevering and determination keep one going. after dropping from college I sourced for some capital and started my second hand clothes selling business in Chuka. in my family we are all grown up, my sister is a nurse and my brother is a business man too my hobbies are travelling,reading and making new friends.

My Business

I sell second hand clothes, my business setting is in Chuka environs, where we have a university and for this reason, the demand for this commodity is high. I choose this business because second hand clothes in Kenya are fast going. when acquiring new stock I spend around 5000 KES, and the profit I get is about 8000 KES. I use my profits in home maintainable and helpr my parents as well. I am saving too to complete my studies soon. Through the savings i have added stationary in my shop.

Loan Proposal

my business is growing, demand of the second hand clothes is high, i wish to increase my current stock to cater for this demand. it is my wish that you aid me financially to unlock financial opportunities. i look forward to open up a large shop in a major town so as to expand more on this business.
thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

May 6, 2017

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

ADK

Saint Louis, United States

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