To buy bales of second hand clothes

Nderitu

Nyeri, Kenya

37% repaid

Entrepreneur

Name

Nderitu

Member since

February 2014

On-time repayments

12 installments  •  17%

About Me

in our family we are three me my sister and mother. i went to endarasha high school and later i joined foundation institute of africa to take an ICT course. after one year i dropped because i lacked fees, after sometime i was given work by a missionary group to sell novels to primary school for a period of one year.then i became jobless and i tried to apply many jobs with no success.the i thought about business but i didnt have enough capital. i started doing some casual jobs saving little by little and when i had some amount i started selling second hand clothes that are in high

My Business

this business has high returns to those who are able to buy a number of bales. because one is able buy many kinds of clothes. for instance a bale of shirts, trousers, jackets and so on. when one have assorted clothes there is no time one ill lack customers. the profits in this business is q suite high considering i sell at my own price. second hand items are more durable than most local and are also of high quality and many people especially the middle class are buying these nowadays. the only risk in this business is when one makes no sale of it is impossible. on a good day i can make a profit of six hundred. if i get a loan from zidisha i will invest in buying a bale of shirt and light jumpers that are in high demand

Loan Proposal

a loan from zidisha will help me buy more bales of second hand clothes to my bussiness, i need to mix official shirts and trousers plus light pullovers that are in high demand here. i need approximately 200 dollars to fully fund my project. these clothes are in high demand especially to middle class here inaas Nairobi. this is a bussines that has very high potential since most people are turning to these kind of lothes because they are of high qualit and at the same time they are fashionable. i thank you in advance as i wait for the loan, i promise to refund in time all the money.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Mar 18, 2014

Repayment status

Late

Projected term

3 months

Lenders

ads68

Melbourne, Australia

Y

Yevrahs

Dallas, Texas, United States

paulclinton

malaga, Spain

nannymarie

Los Angeles, United States

dlpringle

Denver, United States

ColinHicks

Chichester, United Kingdom

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  • Nderitu    May 10, 2014

    hello Zidisha, i have not been serving my loan but the reason i was involved in an accident while going to take a stock for my clothes business. my leg was broken and right now i have a plaster but the good thing is that, the doctor told mi that by next week, my leg will be ok and free from the plaster. life has not been easy for i have been trying to balance the medical fees, houese expenditures and zidisha loan. am asking you people to please give mi two weeks, and then i will service the remaining amount, i know i have taken long without communicating but for more than three weeks i have been hospitalised. i promise i wil;l not let you down, in two weeks time i will be back in my usuual bussines and i will honor the promise

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  • Nderitu    Mar 29, 2014

    please add me one week, that is i start next saturday, i will be paying seven hundred insted of 613. i bought my bale yesterday as i did not have enough money to buy the bundles i wanted on time so i had to look money in other areas . but i assure i will have to pay by saturday i promise, am requesting time so that i will be able to sell some and get money to service my loan. am very sorry for the inconviences and i promise in future they wont happen again. thanks in advance and be blessed

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