To add stock to my clothes business

Mercy Maluki

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Mercy Maluki

Member since

May 2018

On-time repayments

54 installments  •  57%

About Me

I was born in Kitui county and went to Central primary school in the same county. I proceeded to Mutomo Girls High School in kitui county. After completing form four i moved to Mombasa county to look for employment.

I started a small business of selling clothes. I am still running the business although i managed to get employment with an auctioneering firm.

what is unique about the culture where i live is that the people are very social considering Mombasa is a muslim community.

My hobbies and pastime include travelling, reading, adventuring.

My Business

I sell second hand clothes mainly ladies wear.

These clothes are in demand since ladies like moving with fasion such that when i get new arrivals they usually move fast.

I chose this business so that I can earn a living and more so to educate my children and better my life. I also like this particular business.

Per month i can make between Kes 40,000-50,000.

I use my profits to educate my children and also add stock to my business.

Loan Proposal

I will buy more clothes to add to my existing stock. I will usethe whole amount to purchase the clothes.
Once i have added the stock i will be in a position to sell more and since this is a new collection i will attract more clients.

this will automatically make a boost to my profits which willa allow me to buy more goods.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$0.12

Date disbursed

May 10, 2018

Repayment status

On Time

Projected term

1 week

Cost to entrepreneur

Service fee: $0.00

Lenders

A

Anonymous

United States

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