Stocking my second hand clothing business

Mercy

Mtwapa, Kenya

100% repaid

Entrepreneur

Name

Mercy

Member since

January 2015

On-time repayments

143 installments  •  36%

About Me

MY STORY
My name is mercy kanjiru. I am 44 years old. I am married to pastor mtwapa i have two kids a boy 20 and a girll 14 in school . I was in meru currently live in mtwapa because of work. I now work as a private primary school teacher in Mombasa and volunteer at the sanctified ministries mtwapa as one of the children’s church there. I have a passion in community development and entrepreneurship and this is the reason why I work with community based organization and operate a business respectively.

My Business

MY BUSINESS
My business is young is less than 6 months and it involves selling second hand clothes. I sell them in the local market where I have engaged services of a lady who assists in selling while am at work.
I started this business with the main emphasis of solving a need, offering affordable clothing and accessories to men, women and children. My vision for this business is to be able to stock various varieties for clothes and other accessories for men, women and children. Nowadays, finding elegant and yet stylish clothing and accessories that is also affordable is not easy so people go for second hand items. My goal is to ensure that this is possible and that people may realize that you can be able to get any type of clothes and accessories.
Apart from fulfilling my passion as an entrepreneur, my business meets my daily needs and also allows me to read a lot about the clothing and textile industry.

Loan Proposal

Loan Proposal

I am applying for this loan to increase my stock with the latest, more fashionable stock that is on high demand. i plan to buy a new bale that will cost about $100 . that will stock my business the lady i have there is reliable since she stays near the business she sell to late hours. in a week i make $25 after deducting all expenses.with this loan i will increase my stock n attract a wider market,this will increase my profit and i will service the loan easily without fail.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 16, 2015

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

jonnyhj

Stockholm, Sweden

Z

zdenek

Czech Republic

E

Eleorest

United States

G

gclimer

Chattanooga, United States

J

jenda

Czech Republic

K

kvillantz18

United States

T

tomspalla

United States

B

bvirlet

United States

H

Heath

United States

M

Maggie

Australia

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Summary

Amount repaid

$104.20

Amount remaining

$0.00

Date repaid

Feb 27, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jan 25, 2015 $6.51 Jan 24, 2015 $6.51
Feb 1, 2015 $6.51 Jan 24, 2015 $4.17
Jan 29, 2015 $2.34
Feb 8, 2015 $6.51 Jan 29, 2015 $6.51
Feb 15, 2015 $6.51 Jan 29, 2015 $3.52
Feb 8, 2015 $2.99
Feb 22, 2015 $6.51 Feb 8, 2015 $6.51
Mar 1, 2015 $6.51 Feb 8, 2015 $1.74
Feb 13, 2015 $4.76
Mar 8, 2015 $6.51 Feb 13, 2015 $6.51
Mar 15, 2015 $6.51 Feb 13, 2015 $4.46
Feb 20, 2015 $2.04
Mar 22, 2015 $6.51 Feb 20, 2015 $6.51
Mar 29, 2015 $6.51 Feb 20, 2015 $4.93
Feb 27, 2015 $1.57
Apr 5, 2015 $6.51 Feb 27, 2015 $6.51
Apr 12, 2015 $6.51 Feb 27, 2015 $6.51
Apr 19, 2015 $6.51 Feb 27, 2015 $6.51
Apr 26, 2015 $6.51 Feb 27, 2015 $6.51
May 3, 2015 $6.51 Feb 27, 2015 $6.51
May 10, 2015 $6.62 Feb 27, 2015 $6.62

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