Sale of clothes imported from Uganda

Ian

Nairobi, Kenya

3% repaid

Entrepreneur

Name

Ian

Member since

April 2014

On-time repayments

34 installments  •  3%

About Me

I am Ian Maina 27years old Kenyan. I am single, a first born of three. Am not living with my family since my mother is working in the countryside at a place called Nanyuki.
I am a computer Science graduate from Makerere university.
From campus I have been offering computer services to individuals and companies and I manage to pay my bills and have started a few businesses in partnership and now running a business for clothes,shoes and accessories.This business is about five months old and it's growing due to customers liking my products and referring more customers which is becoming a challenge since I Iack sufficient funds to get what the customers want with urgency.I am grateful for my friend who has told me about Zidisha.
I play rugby,like reading,networking(especially for business) and travelling.

My Business

My business involves buying and selling of new and second hand clothes,shoes and accessories.The strength of my business is that I also market through friends and networks and use social media like whats app and online shops like olx.
The business can generate up to 3500 on a good day but on average it brings 1000-1500 a day.
My main challenge is insufficient funds to stock and get customer orders at a short notice.
Many customers like my products because they are quality and unique.I also offer best possible services including delivering to busy customers.
If I manage to get the loan, I will use half of it to add stock and the other half for short notice orders.This will greatly improve my business.

Loan Proposal

My business involves buying and selling of new and second hand clothes,shoes and accessories.The strength of my business is that I also market through friends and networks and use social media like whats app and online shops like olx. I will use the loan $150 to increase my stock i.e cloths and shoes which i will source from Uganda since products are cheap there and of good quality.
The business can generate up to 3500 on a good day but on average it brings 1000-1500 a day.I also offer best possible services including delivering to busy customers.
If I manage to get the loan, I will use half of it to add stock and the other half for short notice orders.This will greatly improve my business.

Therefore am in a good position to repay my installments in time.

God bless the entire zidisha community.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Apr 26, 2014

Repayment status

Late

Projected term

7 months

Lenders

C

chkuo

Taipei, Taiwan

ads68

Melbourne, Australia

calvero

Bergen, Norway

Sarasota

Sarasota, Fl, United States

E

Escalada

Bakersfield, CA, United States

J

jonastang

Hong Kong, Hong Kong

larry

Sweden

A

ajayhk

San Jose, United States

M

mcullinan

Brooklyn, NY, United States

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Summary

Amount repaid

$4.66

Amount remaining

$153.74

Expected completion

Dec 24, 2014

Status

Repaying late

Installment amount

$4.66

Repayment History

Expected Payments Actual Payments
May 7, 2014 $4.66 May 13, 2014 $4.66
May 14, 2014 $4.66
May 21, 2014 $4.66
May 28, 2014 $4.66
Jun 4, 2014 $4.66
Jun 11, 2014 $4.66
Jun 18, 2014 $4.66
Jun 25, 2014 $4.66
Jul 2, 2014 $4.66
Jul 9, 2014 $4.66
Jul 16, 2014 $4.66
Jul 23, 2014 $4.66
Jul 30, 2014 $4.66
Aug 6, 2014 $4.66
Aug 13, 2014 $4.66
Aug 20, 2014 $4.66
Aug 27, 2014 $4.66
Sep 3, 2014 $4.66
Sep 10, 2014 $4.66
Sep 17, 2014 $4.66
Sep 24, 2014 $4.66
Oct 1, 2014 $4.66
Oct 8, 2014 $4.66
Oct 15, 2014 $4.66
Oct 22, 2014 $4.66
Oct 29, 2014 $4.66
Nov 5, 2014 $4.66
Nov 12, 2014 $4.66
Nov 19, 2014 $4.66
Nov 26, 2014 $4.66
Dec 3, 2014 $4.66
Dec 10, 2014 $4.66
Dec 17, 2014 $4.66
Dec 24, 2014 $4.66

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