Second hand clothes

Clare

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Clare

Member since

February 2014

On-time repayments

115 installments • 97%

About Me

I have a diploma in business management and a trained secretary. Currently, I have begun a chicken farming business since I inherited a piece of land from my parents. My area of residence is Syokimau which is a big backyard. I started this business after being gifted 3 hens and 2 roosters. I have kept them for a whole year mainly for just eggs for home use. I recently started doing research on chicken farming and I found it to be very lucrative. I have so far expanded it and have a total of 2 roosters, 8 hens and 41 chicks.

My Business

So I plan to expand this business to sell eggs and chicken meat. Currently, I am getting 8 eggs every day which means it takes 4 days for a tray to fill up. So in a week, I have approximately 2 trays of eggs. I thereafter sell the eggs. Each tray fetches $6.50 so in a week I get $13. I spend $6 on feeds which last for two weeks. I also supplement the food with a garden I have in the backyard where they feed on greens. I already have the chicken coop which is spacious and laying points, sickbay in case of sickness. I also have feeders and drinkers. I am looking to get financial assistance to be able to buy more feeds especially for the chicks and also medication that is needed at times. My research showed that for this venture to be profitable, it needs the chicken to be more so that one can get more on eggs.

Loan Proposal

As you well know, clothes, shoes and handbags are always on demand. I would like to venture into a new way of reaching out to more customers who are interested in my goods. I would like to create a website where I can post all the items that people want and I can be able to deliver them. This means more people will be able to view and know what's on stock and make orders online. This will increase sales considerably and will also move goods fast. I will also be looking into starting getting a payment platform whereby customers will be able to make online payments.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.00

Date disbursed

Feb 12, 2015

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

McJulio

New Jersey, United States

dlpringle

Denver, United States

Sam D

Canada

Stefan Kruell

Muenster, Germany

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Clare Oct 19, 2020

The loan I took helped a lot. I was able to restock and it fetched a good amount of money that I was able to repay my loan before the due date.

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Clare Sep 21, 2020

I received KESH 5000. I bought innerwear for men and women. Thank you for the help.

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Clare Sep 15, 2020

Thank you for lending me the loan. I will update you on how the business grows.

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Clare Sep 14, 2020

Thanks for the last loan. It helped a lot!

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Clare Mar 7, 2018

Thank you for the support.

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Clare Feb 5, 2018

The last loan helped me tremendously in building my business. And for this, I want to thank all those people who ensured I got the loan and on time. I was able to buy more merchandise and on time so I got a lot of regular customers.

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Clare Jun 20, 2017

Thank you very much for the loan assistance. I did get the full loan that I had requested and purchased stock for my business.

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Clare Jun 12, 2017

Thanks so much for funding my loan quickly. I will keep you updated about how the business is doing.

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Clare Jun 12, 2017

Thank you for the money that you lent me. I used it to expand my business and hopefully I get another loan to restock.

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Clare Jan 18, 2017

Thank you very much. I received the full funding that I had requested and I have already bought the items.

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Clare Jan 9, 2017

I intend to buy more stock for my business as this will help me expand my business even further. Thank you so much for funding my loan.

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Clare Apr 25, 2016

Thank you for the loan. I received the whole amount and I have purchased more clothes for resale. This will go a long way in helping the business stay afloat plus add more stock that the customer is in need of. I will be photographing the new stuff so that I can post online and start advertising. I am also researching on the best package for advertising via mobile phones so I can send out messages to clients that have purchased before informing them of arrival of new stock and also if there is any sale.

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Clare Apr 22, 2016

Thank you so much for all those who have funded my loan. It will help me purchase more stock as I continue with my business.

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Clare Apr 11, 2016

I want to thank the lenders who had helped me previously as they have made my business grow tremendously.

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Clare Sep 21, 2015

I received full funding for the loan to help me buy household rummages. I have ordered for the goods and awaiting arrival so I can start pricing and estimate how much profit I will make. I plan on using the internet for advertising this new venture as well as word of mouth. Thank you so much for funding my loan.

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Clare Sep 15, 2015

I will purchase the household rummages which includes things like oven mitts, kitchen towels, aprons etc. Thank you very much for helping me achieve this.

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Clare Sep 4, 2015

Thank you very much Joseph! :-)

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Joseph Sep 4, 2015

Congratulations and good luck with your business

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Clare Jun 30, 2015

Thank you very much for funding my loan.

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Clare Jun 24, 2015

Thank you so much for funding me. I'll be purchasing cosmetics which is a new venture and I'll report back on how this loan has helped me.

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