Stock of second hand clothes

Mary

Busia, Kenya

44% repaid

Entrepreneur

Name

Mary

Member since

January 2014

On-time repayments

155 installments  •  25%

About Me

My name is Mary Ajiambo Omallah. I come from Bunyala District in Busia County. I am a fourth born in a Family of seven and I stay in Busia county, Busia Town in an Estate known as Millimani-Bondeni opposite Busia Anglican church and near Busia Law court area. I went Kudho Primary school in Kisumu and later in Kisumu Muslim Secondary school. i then stared a business of selling second hand clothes which i have been doing since february last year 2013 to date. its a good business and enables me to buy two bales of children clothing and after paying revenue i remain with a minimum profit of Kshs 1000 from every bale of clothes.

My Business

I started a business of selling second hand clothes and the business has earned me a good profit. Even though second hand clothes goes with season e.g during Christmas people prefer buying new ready made clothes, it’s a good business that has made me purchase good furniture, households and even pay school fees for my daughter from the profits. there is a demand for my business because many people prefer buying second hand clothes because they are cheap, long lasting and easy to maintain compared to knew ready made clothes.

Loan Proposal

I will use the money to build a store/shelter for my clothes and add new stock because the are highly on demand. i prefer selling secondhand clothes because there are affordable clothing for most of Busia residents. i prefer stocking children clothes from trousers, shorts, T-shirts, dress and pullover which are fast moving and very affordable, and always go with the trend, because Parents want there children to look nice and smart.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Mar 17, 2014

Repayment status

Late

Projected term

36 months

Lenders

A

Anninymouse

Southampton, United Kingdom

P

Philippe

Adliswil, Switzerland

M

m_dennis

Toronto, Canada

joaoferraz

RINCHOA, Portugal

D

Don100

Wilton, United States

Stefano Bertolo

Luxembourg, Luxembourg

Sarasota

Sarasota, Fl, United States

dlpringle

Denver, United States

Matching Fund

Sterling, United States

Ask Mary a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...