Stock material to make readymade clothes for boutiques
Ambrose
Nairobi, Kenya
69% repaid
Entrepreneur
Name
Ambrose
Member since
January 2015
On-time repayments
170 installments • 39%
About Me
I was born in the slums of Kibera Nairobi and growing up was practically a nightmare since most of the time there was no food for us,being in a family of 7 siblings and being the 6th born it was a hell of time but god willing i managed to be through with my primary and secondary education.after secondly i started doing casual jobs in the neighboring rich estates and within a year was able to save enough to buy a shewing machine which i started business with.my hobbies include traveling,reading and attending fashion events.
My Business
In my shop i offer the following services;repair torn clothing,prepare ready made for selling and supply to other shops.Clothing is an important and basic need to everyone ,using my creativity and techniques come up with thew latest and new fashion clothing that satisfy my customers. My cheap prices also acts as an advantage for attraction of customers.a sell a typical ready made suit at KES 3000 ($33),a female dress at KES 2000 ($22) and charge on repairs and other services at cheap prices.From my business i make a profit of about KES35,000 ($ 389).I use my profit to support my family members and purchase of basic equipment for my shop. my businesss has done miracles in my life.
Loan Proposal
I will use the loan to buy more material to produce more readymade clothes for supply to boutiques and sell in my shop if I am funded. This is due to increased demand of readymade clothes. one piece of material ranges between ($ 8-33)I will buy a stock of this materials together with other production materials in order to sell them which will increase my profit by at least30%. Hope my loan will be funded. Thanks in advance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$195.00
Date disbursed
Mar 18, 2015
Repayment status
Late
Projected term
38 months
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