Davis
Kiambu, Kenya
$0 to go
100% funded of $37 goal
0
days left
Name
Davis
Member since
July 2017
On-time repayments
25 installments • 68%
Am Davis Mworia.I deal with retailing of fashion clothes marchadise within Kenya, Kiambu county.I own this business entirely.
I started this business back in 2009. I first of all observed around Kiambu county & noticed that fashion clothing busines is a business that was not fully exploited by business persons within Kiambu in terms of knowing what consumers prefer and would like to find on the shelves. I therefore so that as an opportunity and took advantage of it.
My mission is to grow as a un precedented enterpreneuer while meeting clients demand maxmumly & qualitatively.
My business is located within Kiambu town trading centre. Since i set up this business i have seen my customers grow in number over nights. This has therefore motivated me to look forward into expanding my outlets to other trading centres within Kenya.
The reason why my business stands out as the most prefered outlet within Kiambu is because i ensure that all customer demands of clothes are available all the time. I also do online advert. And read alot & observe to ensure that am well updated on what my customers prefer at a given time. Noting clothing business is dynamic. Due to changes in fashion tastes over time.
My short-term goal is to secure financing this year to support the business. A long-term goal is to achieve revenues exceeding $1 million within 10 years.
My business relies on three areas as a source of capita and maintanace. I work as a teacher part of my salary is used to cater for my business. I also work as a farmer. I sell part of my produse to support and boast my business. I also rely on loans to suppliment the above two sources mentioned.
Part of this loan will be used to expand my clothing stock. Currently i have a stock of Ksh 300 000. I will put this loan to expand this stock. Am aiming at having a stock of 500 00 0 by the end of the year.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$37.00
Date disbursed
Apr 10, 2018
Repayment status
Late
Projected term
6 weeks
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Amount repaid
$0.00
Amount remaining
$37.81
Expected completion
May 27, 2018
Status
Repaying late
Installment amount
$6.90
Expected Payments | Actual Payments | ||
---|---|---|---|
Apr 22, 2018 | $6.90 | ||
Apr 29, 2018 | $6.90 | ||
May 6, 2018 | $6.90 | ||
May 13, 2018 | $6.90 | ||
May 20, 2018 | $6.90 | ||
May 27, 2018 | $3.32 |
Helen Horseman Sep 12, 2017
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