Used men & women suits

Maryann

Komarock Sector 3b, Kenya

Funds disbursed

$0 to go

100% funded of $50 goal

0

days left

Entrepreneur

Name

Maryann

Member since

April 2014

On-time repayments

9 installments  •  0%

About Me

I come from a humble family of five,father,mother two brothers and myself.I am the First born.i am an actress by profession and also a business person.
I finished my high school in 2011.I started my business to increase my earnings because acting didn't pay me well so i had hardships in paying bills.
My business involves buying used imported men suits (coat,shirt,trouser and a tie,all carefully selected to match) but of good quality and selling them at a profit.
I get this suits from a downtown market in Nairobi called Gikomba.

My Business

I buy this suits at $50 each then take them to a dry cleaner at a cost of $10 inclusive of nice packaging.
I sell the suits at $120 each and the best quality goes for $150.My clients include government officials,business men,boutiques and ordinary people including my friends and church members.I have grown a number of those i could call good clients,who call and order and also refer me to their friends.
I really need the loan because there is demand from my clients,they need official shoes and i also need to supply women official suits. I already have pending orders for shoes and women suits

Loan Proposal

I have been dealing in Men Suits(Coat,shirt,Trouser & Tie) that i buy at $50 dry clean with $10 then sell at $120 to $150 depending on the quality,but i have discovered another niche in the market.......High quality Men shoes and Belts that my clients have been asking me to get them.i already have pending orders.
I have done the research and got the shoes will cost me between $30 and $50 but i will be able to sell them between $80 and $100 a pair.
Leather belts will cost me $10 each but i will sell at $20.
I will use the loan to purchase these items because their demand is high.The little that will remain i will use it to buy one or two pairs of Women suits to also reach the women.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Apr 26, 2014

Repayment status

Late

Projected term

2 months

Lenders

H

Hello

Salisbury, United Kingdom

F

flaguy999

Tampa, United States

Tom44

Vancouver, Canada

Sarasota

Sarasota, Fl, United States

T

thebonseung

Republic of Korea

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