Sale of second hand ladies' clothes
Millicent
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Millicent
Member since
September 2016
On-time repayments
34 installments • 53%
About Me
I am a single mother relying on my day job and and shoe business to get by. I was in shock when, at 18, I discovered that I was pregnant and with no support from the person responsible. Through years of hard work and sacrifice, I am now looking into buying and selling 'mitumba' ladies tops. I want to sell ladies tops because I tried for 3 months now and it has been giving me great returns. This will enable me to support my son financially.
My determination as a mother, to provide for my son made me who I am today. My son has been a tremendous support for me throughout the years. I believe this business will help me cater for my son's education.
My Business
I have been selling ladies tops for 3 months now, although I don't have a shop. I sell to my closest friends, family and use referrals from my clients.
I buy tops at KSH. 100 and sell at KSH. 200 or KSH. 250 depending on the quality of the material the top is made from and the design. From my business, i make 100% profit from each top I sell. But now, I would like funding to enable me get more stock. The profits I make help me with the paying for my son's education and upkeep.
Loan Proposal
I have been selling "mitumba" ladies tops for 6 months now, though i don't have a shop. I sell the clothes to my family, friends, and recently, referrals from all my clients.
I buy second hand ladies tops and blouses at KES. 100 and sell them at KES. 200 or KSH. 250 depending on the make in terms of the manufacturing country, quality of the material the top is made from and the design. I also want to extend to second hand dresses since i have received several requests from my customers.
From my business, i make at least 100% to 150% profit from each top or blouse i sell. But now i would like funding to enable me get more and a variety of stock since my customers have increased with time and therefore, the need for more stock.
This expansion will increase my profit by by at least 30% in the next few months.
The loan once fully funded will enable me buy more and a varriety of stock from second hand ladies tops, to blouses, dresses, and shoes for my business growth and expansion.
This will in return will earn me more profit which will enable me repay my loan to Zidisha on time.
About Me
A single mother relying on my day job and and shoe business to get by.
I was in for was in for a shock when, at 18, i discovered that i was pregnant and with no support from the person responsible.
Through years of hard work and sacrifice, i am now looking into buying and selling 'mitumba' ladies tops.
I want to sell ladies tops because i tried for 3 months now and its been giving me great returns. This will enable me support my son financially.
My determination as a mother, to provide for my son made me who i am today.
My son has been a tremendous support for me throughout the years.
I believe this business will help me cater for my son's education.
My Business
I have been selling ladies tops for 3 months now, though i don't have a shop. I sell to my closes friends, family and use refferrals from my clients.
I buy tops at KSH. 100 and sell at KSH. 200 or KSH. 250 depending on the quality of the material the top is made from and the design.
From my business, i make 100% profit from each top i sell. But now i would like funding to enable me get more stock. The profits i make helps me with the paying for my son's education and upkeep.
Loan Proposal
I have been selling "mitumba" ladies tops for 6 months now, though i don't have a shop. I sell the clothes to my family, friends, and recently, referrals from all my clients.
I buy second hand ladies tops and blouses at KES. 100 and sell them at KES. 200 or KSH. 250 depending on the make in terms of the manufacturing country, quality of the material the top is made from and the design. I also want to extend to second hand dresses since i have received several requests from my customers.
From my business, i make at least 100% to 150% profit from each top or blouse i sell. But now i would like funding to enable me get more and a variety of stock since my customers have increased with time and therefore, the need for more stock.
This expansion will increase my profit by by at least 30% in the next few months.
The loan once fully funded will enable me buy more and a varriety of stock from second hand ladies tops, to blouses, dresses, and shoes for my business growth and expansion.
This will in return will earn me more profit which will enable me repay my loan to Zidisha on time.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$11.00
Date disbursed
Mar 25, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
Taiwan
Summary
Amount repaid
$11.40
Amount remaining
$0.00
Date repaid
May 4, 2017
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Apr 1, 2017 | $1.99 | Apr 6, 2017 | $1.99 |
| Apr 8, 2017 | $1.99 | Apr 21, 2017 | $1.99 |
| Apr 15, 2017 | $1.99 | Apr 21, 2017 | $1.99 |
| Apr 22, 2017 | $1.99 | Apr 27, 2017 | $1.99 |
| Apr 29, 2017 | $1.99 | May 4, 2017 | $1.99 |
| May 6, 2017 | $1.45 | May 4, 2017 | $1.45 |
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