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

None

None

None

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

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

Please log in to comment.

  • Nderitu    Oct 17, 2019

    The bussiness i was operating with loan was vandalised by county askaris so its has been raising cash to repay th loan and other basic necessities but am working towards re opening th stalls and meeting any arrears
    Thanks

    Log in to reply • Share
  • Nderitu    Sep 7, 2019

    My bussiness got raided by county officials and i lost all my stock i had bought from th loan

    Log in to reply • Share
  • Emmanuel    Aug 11, 2019

    Nderitu Mwangi has promised tourism repayment always late because he had been facing some family problems and could not make the payment according to the schedule

    Log in to reply • Share
  • Gladys    Jun 17, 2019

    He promised to keep up with payments.

    Log in to reply • Share
  • Dao Nguyen    Mar 30, 2019

    Good luck, Nderitu

    Log in to reply • Share


Loading...

Loading...

Loading...