Selling second-hand clothing to pay college fees

Daniel

Nakuru, Kenya

43% repaid

Entrepreneur

Name

Daniel

Member since

October 2013

On-time repayments

300 installments  •  47%

About Me

I’m the last born in a family of six. I was born and raised in Nakuru, I even went to school there. I live near the Nakuru national park. I’ve been in the field of business ever since I came out of high school, but for the first two years after I had cleared high school in 2003 I was employed by my brother’s friend to work for him. After I had gathered enough capital to set up my own business I moved out of his place of work and I purchased my own stall and also I bought my own stock then I began my own business. And also at about the same time was when I moved out of my parents place and rented my own place and began buying household stuffs as the business was picking up.
At primary school I went to St. Theresa’s Primary school from 1992 to 1999 then in high school I went to Jomo Kenyatta High School which is in Bahati district but still in Nakuru County, I also have certificates in Information and Technology which I managed to pursue after I had set up my own business and I had employed someone who could take care of it while I was away attending classes.
I started my own business because there was no limit to my capability of growth, and also I have a dream of becoming one of the major suppliers of second hand clothing in my town. The business has helped me to buy household requirements and also to pay my college fee.

My Business

Dear lenders, i have a very promising business that i started and i am eager to boost it to earn maximum profit. i specialize in selling second hand clothes which i have become a major supplier in our region. What makes motivates me is the initiative i once had to start it when the competition was low, i have now maintained many customers who still show up at my mutumba shop to buy the clothes. the business gets even better since i have seen a trend where my customers come to by clothes as gifts for their customers. i look for unique type of clothes that attract those who buy from high class stores and the prices are the same. This has been my competitive advantage again others who are in the same industry. my business has started to pick this year and i have great plans for its expansion.it has motivated me since i feel i will be very successful soon. my business makes around $246 per month, earns an expense of around $123 ;therefore, i run a low risk business because the profit i earn is double the cost of operating the business. I know lenders are looking for someone who will not just receive their money and run away with it, i am committed to the goals of zidisha and i am sure i will repay the loan. all i am asking is a chance to prove that i will deliver my promise. Thank you in advance and thank you zidisha for giving me an opportunity to express my vision.

Loan Proposal

From the USD 450, I will spend USD 113 on ladies trousers and USD 170 on jeans for men. And USD 57 on t-shirts and the remaining amount I will use it to built more shelves to put the new stock and to do the minor repairs so as to make my working place to be more appealing to my customers . This money will really boost my business since I will be able to meet the demands of my customers by increasing my stock and also by offering them a large variety of clothes to choose from. I've noticed sometimes customers who come at my stall go without buying since they sometimes don't get what exactly they were looking for. I will also stock trousers for ladies, jeans to be specific. since i am having more customers than before, i am sure i will repay your loan because previous my net profit is about $123.139, and i target to earn around & 212.78, that means i will be able to pay back your loan and to keep the business flourishing. i have many customers who have demanded for some types of clothes that are in fashion and they have been patient to wait after i promised to get some loan to stock my business. I know lenders calculate if i will be faithful but i am confident to assure then that my business continues to grow and i know my life will improve thanks to the lenders for putting trust in me.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$446.00

Date disbursed

Jun 17, 2014

Repayment status

Late

Projected term

66 months

Lenders

COOPITALIST

Toronto, Canada

ErikN

Stockholm, Sweden

Apmay

Melbourne, Australia

simonvikstrom

Drottningholm, Sweden

ads68

Melbourne, Australia

A

ask21900

Cedar Rapids, United States

Sarasota

Sarasota, Fl, United States

Matthieu

Switzerland, France

Richard Griebe

La Jolla, United States

J

jaytodd

New Orleans, United States

R

roozbeh

United States

V

vrothba1

United States

Vesa

Helsinki, Finland

Sputnik

Switzerland

H

hixeu

Belgium

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

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Summary

Amount repaid

$284.88

Amount remaining

$374.24

Expected completion

Nov 30, 2019

Status

Repaying late

Installment amount

$1.16

Repayment History

Expected Payments Actual Payments
Jun 28, 2014 $5.81 Jun 28, 2014 $5.81
Jul 5, 2014 $5.81 Jul 5, 2014 $5.81
Jul 12, 2014 $5.81 Jul 20, 2014 $5.81
Jul 19, 2014 $0.00
Jul 26, 2014 $0.00
Aug 2, 2014 $0.00
Aug 9, 2014 $2.42 Oct 1, 2014 $2.42
Aug 16, 2014 $2.42 Oct 1, 2014 $2.42
Aug 23, 2014 $2.42 Oct 1, 2014 $0.98
Dec 7, 2014 $1.44
Aug 30, 2014 $2.42 Dec 7, 2014 $2.42
Sep 6, 2014 $1.95 Dec 7, 2014 $1.95
Sep 13, 2014 $0.00
Sep 20, 2014 $0.00
Sep 27, 2014 $0.00
Oct 4, 2014 $0.00
Oct 11, 2014 $0.00
Oct 18, 2014 $0.00
Oct 25, 2014 $0.00
Nov 1, 2014 $0.00
Nov 8, 2014 $0.00
Nov 15, 2014 $0.00
Nov 22, 2014 $0.00
Nov 29, 2014 $0.00
Dec 6, 2014 $0.00
Dec 13, 2014 $1.16 Dec 11, 2014 $1.16
Dec 20, 2014 $1.16 Dec 22, 2014 $1.16
Dec 27, 2014 $1.16 Dec 22, 2014 $1.16
Jan 3, 2015 $1.16 Jan 7, 2015 $1.16
Jan 10, 2015 $1.16 Jan 7, 2015 $1.16
Jan 17, 2015 $1.16 Feb 14, 2015 $1.16
Jan 24, 2015 $1.16 Feb 14, 2015 $1.16
Jan 31, 2015 $1.16 Feb 28, 2015 $1.16
Feb 7, 2015 $1.16 Feb 28, 2015 $1.16
Feb 14, 2015 $1.16 Mar 14, 2015 $1.16
Feb 21, 2015 $1.16 Mar 14, 2015 $1.16
Feb 28, 2015 $1.16 Mar 28, 2015 $1.16
Mar 7, 2015 $1.16 Mar 28, 2015 $1.16
Mar 14, 2015 $1.16 Apr 11, 2015 $1.16
Mar 21, 2015 $1.16 Apr 11, 2015 $1.16
Mar 28, 2015 $1.16 Apr 25, 2015 $1.16
Apr 4, 2015 $1.16 Apr 25, 2015 $1.16
Apr 11, 2015 $1.16 May 11, 2015 $1.16
Apr 18, 2015 $1.16 May 11, 2015 $1.16
Apr 25, 2015 $1.16 May 23, 2015 $1.16
May 2, 2015 $1.16 May 23, 2015 $1.16
May 9, 2015 $1.16 Jun 6, 2015 $1.16
May 16, 2015 $1.16 Jun 6, 2015 $1.16
May 23, 2015 $1.16 Jun 20, 2015 $1.16
May 30, 2015 $1.16 Jun 20, 2015 $1.16
Jun 6, 2015 $1.16 Jun 20, 2015 $1.16
Jun 13, 2015 $1.16 Jul 4, 2015 $1.16
Jun 20, 2015 $1.16 Jul 4, 2015 $1.16
Jun 27, 2015 $1.16 Jul 18, 2015 $1.16
Jul 4, 2015 $1.16 Jul 18, 2015 $1.16
Jul 11, 2015 $1.16 Aug 1, 2015 $1.16
Jul 18, 2015 $1.16 Aug 1, 2015 $1.16
Jul 25, 2015 $1.16 Aug 15, 2015 $1.16
Aug 1, 2015 $1.16 Aug 15, 2015 $1.16
Aug 8, 2015 $1.16 Aug 29, 2015 $1.16
Aug 15, 2015 $1.16 Aug 29, 2015 $1.16
Aug 22, 2015 $1.16 Sep 23, 2015 $1.16
Aug 29, 2015 $1.16 Sep 23, 2015 $1.16
Sep 5, 2015 $1.16 Sep 26, 2015 $1.16
Sep 12, 2015 $1.16 Sep 26, 2015 $1.16
Sep 19, 2015 $1.16 Oct 10, 2015 $1.16
Sep 26, 2015 $1.16 Oct 10, 2015 $1.16
Oct 3, 2015 $1.16 Oct 24, 2015 $1.16
Oct 10, 2015 $1.16 Oct 24, 2015 $1.16
Oct 17, 2015 $1.16 Nov 7, 2015 $1.16
Oct 24, 2015 $1.16 Nov 7, 2015 $1.16
Oct 31, 2015 $1.16 Nov 21, 2015 $1.16
Nov 7, 2015 $1.16 Nov 21, 2015 $1.16
Nov 14, 2015 $1.16 Dec 5, 2015 $1.16
Nov 21, 2015 $1.16 Dec 5, 2015 $1.16
Nov 28, 2015 $1.16 Dec 19, 2015 $1.16
Dec 5, 2015 $1.16 Dec 19, 2015 $1.16
Dec 12, 2015 $1.16 Jan 2, 2016 $1.16
Dec 19, 2015 $1.16 Jan 2, 2016 $1.16
Dec 26, 2015 $1.16 Jan 16, 2016 $1.16
Jan 2, 2016 $1.16 Jan 16, 2016 $1.16
Jan 9, 2016 $1.16 Jan 31, 2016 $1.16
Jan 16, 2016 $1.16 Jan 31, 2016 $1.16
Jan 23, 2016 $1.16 Feb 13, 2016 $1.16
Jan 30, 2016 $1.16 Feb 13, 2016 $1.16
Feb 6, 2016 $1.16 Feb 27, 2016 $1.16
Feb 13, 2016 $1.16 Feb 27, 2016 $1.16
Feb 20, 2016 $1.16 Mar 13, 2016 $1.16
Feb 27, 2016 $1.16 Mar 13, 2016 $1.16
Mar 5, 2016 $1.16 Mar 26, 2016 $1.16
Mar 12, 2016 $1.16 Mar 26, 2016 $1.16
Mar 19, 2016 $1.16 Apr 9, 2016 $1.16
Mar 26, 2016 $1.16 Apr 9, 2016 $1.16
Apr 2, 2016 $1.16 Apr 23, 2016 $1.16
Apr 9, 2016 $1.16 Apr 23, 2016 $1.16
Apr 16, 2016 $1.16 May 8, 2016 $1.16
Apr 23, 2016 $1.16 May 8, 2016 $1.16
Apr 30, 2016 $1.16 May 21, 2016 $1.16
May 7, 2016 $1.16 May 21, 2016 $1.16
May 14, 2016 $1.16 Jun 4, 2016 $1.16
May 21, 2016 $1.16 Jun 4, 2016 $1.16
May 28, 2016 $1.16 Jun 18, 2016 $1.16
Jun 4, 2016 $1.16 Jun 18, 2016 $1.16
Jun 11, 2016 $1.16 Jul 2, 2016 $1.16
Jun 18, 2016 $1.16 Jul 2, 2016 $1.16
Jun 25, 2016 $1.16 Jul 17, 2016 $1.16
Jul 2, 2016 $1.16 Jul 17, 2016 $1.16
Jul 9, 2016 $1.16 Jul 30, 2016 $1.16
Jul 16, 2016 $1.16 Jul 30, 2016 $1.16
Jul 23, 2016 $1.16 Aug 13, 2016 $1.16
Jul 30, 2016 $1.16 Aug 13, 2016 $1.16
Aug 6, 2016 $1.16 Aug 27, 2016 $1.16
Aug 13, 2016 $1.16 Aug 27, 2016 $1.16
Aug 20, 2016 $1.16 Sep 10, 2016 $1.16
Aug 27, 2016 $1.16 Sep 10, 2016 $1.16
Sep 3, 2016 $1.16 Sep 24, 2016 $1.16
Sep 10, 2016 $1.16 Sep 24, 2016 $1.16
Sep 17, 2016 $1.16 Oct 8, 2016 $1.16
Sep 24, 2016 $1.16 Oct 8, 2016 $1.16
Oct 1, 2016 $1.16 Oct 8, 2016 $1.16
Oct 8, 2016 $1.16 Oct 22, 2016 $1.16
Oct 15, 2016 $1.16 Oct 22, 2016 $1.16
Oct 22, 2016 $1.16 Oct 22, 2016 $1.16
Oct 29, 2016 $1.16 Nov 5, 2016 $1.16
Nov 5, 2016 $1.16 Nov 5, 2016 $1.16
Nov 12, 2016 $1.16 Nov 5, 2016 $1.16
Nov 19, 2016 $1.16 Nov 19, 2016 $1.16
Nov 26, 2016 $1.16 Nov 19, 2016 $1.16
Dec 3, 2016 $1.16 Nov 19, 2016 $1.16
Dec 10, 2016 $1.16 Dec 3, 2016 $1.16
Dec 17, 2016 $1.16 Dec 3, 2016 $1.16
Dec 24, 2016 $1.16 Dec 3, 2016 $1.16
Dec 31, 2016 $1.16 Dec 31, 2016 $1.16
Jan 7, 2017 $1.16 Dec 31, 2016 $1.16
Jan 14, 2017 $1.16 Dec 31, 2016 $1.16
Jan 21, 2017 $1.16 Jan 28, 2017 $1.16
Jan 28, 2017 $1.16 Jan 28, 2017 $1.16
Feb 4, 2017 $1.16 Jan 28, 2017 $1.16
Feb 11, 2017 $1.16 Feb 11, 2017 $1.16
Feb 18, 2017 $1.16 Feb 11, 2017 $1.16
Feb 25, 2017 $1.16 Feb 11, 2017 $1.16
Mar 4, 2017 $1.16 Feb 25, 2017 $1.16
Mar 11, 2017 $1.16 Feb 25, 2017 $1.16
Mar 18, 2017 $1.16 Feb 25, 2017 $1.16
Mar 25, 2017 $1.16 Mar 12, 2017 $1.16
Apr 1, 2017 $1.16 Mar 12, 2017 $1.16
Apr 8, 2017 $1.16 Mar 12, 2017 $1.16
Apr 15, 2017 $1.16 Mar 25, 2017 $1.16
Apr 22, 2017 $1.16 Mar 25, 2017 $1.16
Apr 29, 2017 $1.16 Mar 25, 2017 $1.16
May 6, 2017 $1.16 Apr 8, 2017 $1.16
May 13, 2017 $1.16 Apr 8, 2017 $1.16
May 20, 2017 $1.16 Apr 8, 2017 $1.16
May 27, 2017 $1.16 Apr 22, 2017 $1.16
Jun 3, 2017 $1.16 Apr 22, 2017 $1.16
Jun 10, 2017 $1.16 Apr 22, 2017 $1.16
Jun 17, 2017 $1.16 May 6, 2017 $1.16
Jun 24, 2017 $1.16 May 6, 2017 $1.16
Jul 1, 2017 $1.16 May 6, 2017 $1.16
Jul 8, 2017 $1.16 May 20, 2017 $1.16
Jul 15, 2017 $1.16 May 20, 2017 $1.16
Jul 22, 2017 $1.16 May 20, 2017 $1.16
Jul 29, 2017 $1.16 Jun 3, 2017 $1.16
Aug 5, 2017 $1.16 Jun 3, 2017 $1.16
Aug 12, 2017 $1.16 Jun 3, 2017 $1.16
Aug 19, 2017 $1.16 Jun 17, 2017 $1.16
Aug 26, 2017 $1.16 Jun 17, 2017 $1.16
Sep 2, 2017 $1.16 Jun 17, 2017 $1.16
Sep 9, 2017 $1.16 Jul 1, 2017 $1.16
Sep 16, 2017 $1.16 Jul 1, 2017 $1.16
Sep 23, 2017 $1.16 Jul 1, 2017 $1.16
Sep 30, 2017 $1.16 Jul 15, 2017 $1.16
Oct 7, 2017 $1.16 Jul 15, 2017 $1.16
Oct 14, 2017 $1.16 Jul 15, 2017 $1.16
Oct 21, 2017 $1.16 Jul 29, 2017 $1.16
Oct 28, 2017 $1.16 Jul 29, 2017 $1.16
Nov 4, 2017 $1.16 Jul 29, 2017 $1.16
Nov 11, 2017 $1.16 Aug 12, 2017 $1.16
Nov 18, 2017 $1.16 Aug 12, 2017 $1.16
Nov 25, 2017 $1.16 Aug 12, 2017 $1.16
Dec 2, 2017 $1.16 Dec 2, 2017 $1.16
Dec 9, 2017 $1.16 Dec 2, 2017 $1.16
Dec 16, 2017 $1.16 Dec 2, 2017 $1.16
Dec 23, 2017 $1.16 Dec 2, 2017 $1.16
Dec 30, 2017 $1.16 Dec 2, 2017 $1.16
Jan 6, 2018 $1.16 Dec 17, 2017 $1.16
Jan 13, 2018 $1.16 Dec 17, 2017 $1.16
Jan 20, 2018 $1.16 Dec 17, 2017 $1.16
Jan 27, 2018 $1.16 Dec 17, 2017 $1.16
Feb 3, 2018 $1.16 Dec 17, 2017 $1.16
Feb 10, 2018 $1.16 Dec 30, 2017 $1.16
Feb 17, 2018 $1.16 Dec 30, 2017 $1.16
Feb 24, 2018 $1.16 Dec 30, 2017 $1.16
Mar 3, 2018 $1.16 Dec 30, 2017 $1.16
Mar 10, 2018 $1.16 Dec 30, 2017 $1.16
Mar 17, 2018 $1.16 Feb 10, 2018 $1.16
Mar 24, 2018 $1.16 Feb 10, 2018 $1.16
Mar 31, 2018 $1.16 Feb 10, 2018 $1.16
Apr 7, 2018 $1.16 Feb 10, 2018 $1.16
Apr 14, 2018 $1.16 Feb 10, 2018 $1.16
Apr 21, 2018 $1.16 Apr 21, 2018 $1.16
Apr 28, 2018 $1.16 Apr 21, 2018 $1.16
May 5, 2018 $1.16 Apr 21, 2018 $1.16
May 12, 2018 $1.16 May 19, 2018 $1.16
May 19, 2018 $1.16 May 19, 2018 $1.16
May 26, 2018 $1.16 May 19, 2018 $1.16
Jun 2, 2018 $1.16 Jun 2, 2018 $1.16
Jun 9, 2018 $1.16 Jun 2, 2018 $1.16
Jun 16, 2018 $1.16 Jun 2, 2018 $1.16
Jun 23, 2018 $1.16 Jun 30, 2018 $1.16
Jun 30, 2018 $1.16 Jun 30, 2018 $1.16
Jul 7, 2018 $1.16 Jun 30, 2018 $1.16
Jul 14, 2018 $1.16 Jul 14, 2018 $1.16
Jul 21, 2018 $1.16 Jul 14, 2018 $1.16
Jul 28, 2018 $1.16 Jul 14, 2018 $1.16
Aug 4, 2018 $1.16 Aug 2, 2018 $1.16
Aug 11, 2018 $1.16 Aug 2, 2018 $1.16
Aug 18, 2018 $1.16 Aug 2, 2018 $1.16
Aug 25, 2018 $1.16 Aug 25, 2018 $1.16
Sep 1, 2018 $1.16 Aug 25, 2018 $1.16
Sep 8, 2018 $1.16 Aug 25, 2018 $1.16
Sep 15, 2018 $1.16 Sep 22, 2018 $1.16
Sep 22, 2018 $1.16 Sep 22, 2018 $1.16
Sep 29, 2018 $1.16 Sep 22, 2018 $1.16
Oct 6, 2018 $1.16 Oct 19, 2018 $1.16
Oct 13, 2018 $1.16 Oct 19, 2018 $1.16
Oct 20, 2018 $1.16 Oct 19, 2018 $1.16
Oct 27, 2018 $1.16 Nov 3, 2018 $1.16
Nov 3, 2018 $1.16 Nov 3, 2018 $1.16
Nov 10, 2018 $1.16 Nov 3, 2018 $1.16
Nov 17, 2018 $1.16 Nov 17, 2018 $1.16
Nov 24, 2018 $1.16 Nov 17, 2018 $1.16
Dec 1, 2018 $1.16 Nov 17, 2018 $1.16
Dec 8, 2018 $1.16 Jan 9, 2019 $1.16
Dec 15, 2018 $1.16 Jan 9, 2019 $1.16
Dec 22, 2018 $1.16 Jan 9, 2019 $1.16
Dec 29, 2018 $1.16 Jan 13, 2019 $1.16
Jan 5, 2019 $1.16 Jan 13, 2019 $1.16
Jan 12, 2019 $1.16 Jan 13, 2019 $1.16
Jan 19, 2019 $1.16 Jan 26, 2019 $1.16
Jan 26, 2019 $1.16 Jan 26, 2019 $1.16
Feb 2, 2019 $1.16 Jan 26, 2019 $1.16
Feb 9, 2019 $1.16 Feb 9, 2019 $1.16
Feb 16, 2019 $1.16 Feb 9, 2019 $1.16
Feb 23, 2019 $1.16 Feb 9, 2019 $1.16
Mar 2, 2019 $1.16
Mar 9, 2019 $1.16
Mar 16, 2019 $1.16
Mar 23, 2019 $1.16
Mar 30, 2019 $1.16
Apr 6, 2019 $1.16
Apr 13, 2019 $1.16
Apr 20, 2019 $1.16
Apr 27, 2019 $1.16
May 4, 2019 $1.16
May 11, 2019 $1.16
May 18, 2019 $1.16
May 25, 2019 $1.16
Jun 1, 2019 $1.16
Jun 8, 2019 $1.16
Jun 15, 2019 $1.16
Jun 22, 2019 $1.16
Jun 29, 2019 $1.16
Jul 6, 2019 $1.16
Jul 13, 2019 $1.16
Jul 20, 2019 $1.16
Jul 27, 2019 $1.16
Aug 3, 2019 $1.16
Aug 10, 2019 $1.16
Aug 17, 2019 $1.16
Aug 24, 2019 $1.16
Aug 31, 2019 $1.16
Sep 7, 2019 $1.16
Sep 14, 2019 $1.16
Sep 21, 2019 $1.16
Sep 28, 2019 $1.16
Oct 5, 2019 $1.16
Oct 12, 2019 $1.16
Oct 19, 2019 $1.16
Oct 26, 2019 $1.16
Nov 2, 2019 $1.16
Nov 9, 2019 $1.16
Nov 16, 2019 $1.16
Nov 23, 2019 $1.16
Nov 30, 2019 $328.90

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