Clothing shop

Peter

Naivasha, Kenya

137% paid forward

Entrepreneur

Name

Peter

Member since

September 2015

On-time repayments

176 installments  •  11%

About Me

I am aged 20 years and i finished my A levels last year.My quest for education has had a lot of hurdles since my parents could not be able to raise my school fees.I then came up with an idea of growing and selling kales which was profitable and i was able to pay my fees and have some left as pocket money.After clearing high school i continued growing kales.The money i got i was able to start my clothing business.My business is based in a community where they are friendly and hospitable.When i have my own family my quest is that my children will get the best education in life.My hobby that i love the most is hiking in our area there are mountains which i use as my pastime.

My Business

My services is selling clothes to my community.In my community selling of clothes is of high demand so i make sure i have the latest fashion and the most unique.I chose these business because i saw that i could relate well with my customers and the demand keeps growing each day.I buy my clothes in bale and it costs me around14500KES ,after selling i make around 8000 as profit and from that i deduct 1000 for licence,1000 for my basic needs and the rest i save.T he profit i make i use it in restocking and also i am saving since i want to go back to school for higher education but i will use distance study in order to make sure my business grows.I also plan some of my profit i will help and boost my kale business which i plan to grow again.

Project Proposal

I plan to add more stock mostly on ladies cloths since most of my customers are ladies this will better my sales so as to get more profit and attract more customers to my working station by doing so I will be able to pay the loan on time and at least add more stock twice or even thrice a week and get new and different brands of cloth.

Feedback

None

None

None

Project Info

Project Type

Pay It Forward

Disbursed amount

$5.00

Date disbursed

Feb 18, 2022

Backers

Ronald

Nairobi City, Kenya

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

Loading...

Loading...

Payments Forward

Amount returned to the platform for this project

$6.33

Pay It Forward Projects funded by Peter

$187 (13 Projects)

Projects funded by Peter's Pay It Forward recipients

$6,236 (261 Projects)

Peter paid it forward to: