Expand our children clothing business

Lawrence

Meru, Kenya

Pending borrower confirmation
Fully funded

$0 to go

100% funded of $599 goal

0

days left

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Entrepreneur

Name

Lawrence

Member since

February 2016

On-time repayments

326 installments  •  73%

About Me

I graduated with a diploma in Electronics in the year 2009. I worked with the Ministry of Youth Affairs between the year 2011 to 2014 as a Technical Instructor in the field of Electrical and Electronics. I joined the Kenya Methodist University in the year 2013 as a BSC in Computer Information System student. I graduated last year on July 2015. I currently work as software developer. I like programming, reading and watching documentary videos.

My Business

Am currently working as a developer at White Label Tracking company in Nairobi. It is a company that deal with tracking softwares and am in the department of developing the softwares. Besides the job, me and my wife we started an online business selling ladies and children turbans and headgears last month. We sell on Jumia online store and the business is doing well.

Project Proposal

I am seeking funding to further expand my family business by increasing our inventory of children's clothing. Your previous support helped us grow significantly, and now, with this new project, we aim to continue our business expansion.

The funds of KES 75, 158 (USD 582.62) will be used for three main purposes. First, KES 55, 000 (USD 426.36) will be used to import bales of children's clothing from Alibaba. This will help us in restocking our stock and expand our variety, allowing us to offer a wider range of styles to meet customer demands. Secondly, KES 15, 000 (USD 116.28) will be used for digital advertisement. And the balance of KES 5, 158 (USD 39.98) will be used to purchase packaging papers.

This project will help our business to expand since it will give us more products to offer and improving our ability to meet the diverse needs of our customers. We are projecting for profit to increase to approximately $300 (KES 38,699.89) for each sale and thus enable us to hire another worker.

This project will not only strengthen our family’s business but also contribute to the local economy by creating jobs and providing quality products to our customers. Your continued support will be essential in making this vision a reality. Thanks in advance.

Feedback

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Project Info

Project Type

Pay It Forward

Amount requested

$599.00

Other projects

Feb 2016:  $250

Jan 2017:  $251

Oct 2017:  $567

Jun 2019:  $623

Nov 2021:  $602

Jul 2022:  $623

Backers

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Kwamboka

Nyankoba Location, Kenya

Mildred

Namarambi, Kenya

Carla

Amsterdam, Netherlands

Joseph

Mombasa, Kenya

AH

ajay hampapur

United States

John

Lusaka, Zambia

Jerry

Kitui , Kenya

Hellen

Nairobi, Kenya

Moses

Nairobi, Kenya

Essien

Lagos, Nigeria

Steven

Nakuru, Kenya

A

Anonymous

United States

Daniel

Ol Kalou, Kenya

Harriet

Kitale, Kenya

D

David

United States

Vicky

Nakuru, Kenya

Lucas

Kisumu, Kenya

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  • Lawrence    Sep 5, 2024

    Here is our business on Jumia. We have managed to sell 129 items via Jumia alone which is a great success. Thanks once more for your support.

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  • Lawrence    Sep 5, 2024

    Dear Backers,

    I am incredibly grateful for the support you provided in my last project to import children's clothes. The funds helped me significantly in expanding our family business. Since the project was completed, we have successfully imported several shipments of children's clothing and sold them on Jumia, which has increased our sales and boosted our income.

    Thanks to your backing, we have seen a positive change in our business, and I look forward to continuing this journey with your support in future projects.

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  • Lawrence    Jul 22, 2024

    Am financially constrained and I can't be able to raise the full 39,575 KES at once.

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  • Lawrence    Jul 11, 2024

    I have been financially unstable for the past few months. That's why I have been late in installments payments. Is there a way to reduce the unpaid amount? Thanks

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  • Lawrence    Feb 15, 2024

    I am financially constrained right now but am hoping things will be getting better soon.

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  • Lawrence    Jan 16, 2024

    I am financially constrained right now but am hoping things will be getting better starting next month.

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  • Lawrence    Nov 8, 2023

    Am financially constrained at the moment. It has been a while since I got a side job.

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  • Lawrence    Sep 5, 2023

    I am able to manage a less installment for now before things becomes better.

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  • Lawrence    Jul 3, 2023

    The business is not doing well enough to raise much profit. I am looking for ways to raise more money.

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  • Lawrence    May 3, 2023

    I am facing some financial constraints at the moment. Therefore, I will be able to manage a little installments for now.

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  • Lawrence    Feb 28, 2023

    Things are moving slowly here. The business is not doing well as expected.

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  • Lawrence    Jan 5, 2023

    Due to holidays we were not able to generate much profit. The business has been down.

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  • Lawrence    Nov 9, 2022

    The business is not progressing well. Therefore, returns are little.

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  • Lawrence    Oct 4, 2022

    Our business is in its low season. We are expecting it to pick in December. That’s why am not able to repay in large amounts.

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  • Lawrence    Sep 1, 2022

    The business has not yet generated enough profit to break even.

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  • Lawrence    Aug 18, 2022

    The business hasn't picked yet. Waiting for more sales to break-even.

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  • Lawrence    Jul 31, 2022

    Wow, am so much excited. Am so grateful to my funders. I will add stock in my clothe business. It will help me in expanding my business.

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  • Lawrence    Jul 31, 2022

    Thanks a lot to my funders. The funds helped me a lot in starting and growing a turbans business. Now, we have an additional income. Thanks once more.

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  • Lawrence    Apr 11, 2022

    Am financially down. Is there any way to reduce the installments further to KES 500?

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  • Lawrence    Mar 1, 2022

    Am unable to raise the full amount due challenges in business.

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