Support for my clothes business

Geoffrey

Manga, Kenya

Funds disbursed

$0 to go

100% funded of $6 goal

0

days left

Entrepreneur

Name

Geoffrey

Member since

October 2016

On-time repayments

6 installments  •  0%

About Me

I grew up in a family of five. My peasant parents could not afford us decent education and I had to venture into entrepreneurship for livelihood. I am now a married responsible man with two young daughters aged 5&8 responsibly
My daughters aspire to be future lawmakers to defend the rights of the girlchild

My Business

I am a second hand clothes dealer in the local open market. Clothing is a basic human need and due to tough economic times people always prefer the imported cheap ones. I normally source them from uptown and resale them here. The cold nature of these highlands in nyamira county makes the sale of trench coats, sweaters and heavy jackets a hot sale. Through this I hope to eke out a livelihood.

Loan Proposal

I will increase my stock. I deal with variety of clothes both male and female's wear. Trousers cost approximately 60 dollars each, shirts at 30dollars and skirts at 25 dollars. The benefit will increase my potential in supporting the needs of my family I.e food, shelter and clothes. The community will benefit from cheap and affordable clothing that are fit for their daily needs. I expect it to foster the increament by 20% as the output

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$6.00

Date disbursed

Oct 13, 2016

Repayment status

Late

Projected term

6 weeks

Lenders

McJulio

New Jersey, United States

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