Purchase ladies' clothing for secondhand clothing business
Jemimah
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Jemimah
Member since
March 2015
On-time repayments
308 installments • 56%
About Me
My name is Jemimah Muriuki.My friends nicknamed me Shan because i always look jovial.I completed my secondary education in the year 2011 and Joined Kenya Medical Training college in the year 2012. Despite the fact that i came from humble background,that did not hinder me from pursuing my dream career of being a dentist.I started my business early 2014.This was when i got school bursary from two organization which i had applied earlier. i paid my school fee in full and remaining amount purchased some second hand cloths,''mitumba'' which i started selling to my college mates.
People in my land i can say they are unique in the sense that they are very welcoming and hospitable.I would like my children to pursue their dream choice and become what they want in life.
My Business
Thank you for the opportunity again. I ventured in the business of selling second hand cloths to my college mates.These cloths are ever in high demand especially in colleges since they are affordable to students who are not employed but depend on their parents and guardians.What i can say is that they are pocket friendly. I started this business with around 50 dollars. i generate income of approximately 30 dollars every months which i use to increase my stock and also pay for my bills.
Loan Proposal
Thank you again for the opportunity.Once given the loan, i will purchase more stock especially ladies clothing's which are ever on high demand.This will cost me an average of 80 dollars.i will add a small number of men cloths with the remaining balance. This will lead to increased income as i will reduce weekly movement to the market which is also an added expense.Also i will have increased profits from the sale of the extra cloths.
my profits will increase by at least 30dollars per month once i restock my business.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 15, 2015
Repayment status
On Time
Projected term
9 months
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