Restocking clothing to sell

Nderitu

Nairobi, Kenya

10% repaid

Entrepreneur

Name

Nderitu

Member since

November 2018

On-time repayments

31 installments  •  19%

About Me

hi..am nderitu mwangi,a business enteprenuer..started doing bussines 10years ago after resigning from a company i was working for..i come from a humble background born in a family of 8kids,i was raised in a slum for my upbringing wasnt that easy but through prayers from my parents and working hard.i have managed to settle in decent estated where am raising a family of 1boy with my wife

My Business

i have rental stalls , uber taxi and recently opened a clothe stall which are doing pretty well for myself.am proud of th bussines am operating because through them am able to cater for my small family and also employ 3guyz

Loan Proposal

i am planning to buy a whole bale of clothes which goes for kshs 12000 and th bale have around 100 to 150 pieces,meaning th stall will be operating on good number of stock.
my projection of th profit is going to be around kshs 15000 to 20000 which after paying th loan i will remain with quite an amount to run th stall well

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$108.00

Date disbursed

May 27, 2019

Repayment status

Late

Projected term

6 months

Lenders

Paul Buchheit

Mountain View, United States

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