Second-hand clothes

Anne

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Anne

Member since

August 2016

On-time repayments

107 installments  •  91%

About Me

My name is Anne Wanjiru. I was born a fifth child in a family of six children. My father was a public officer and my mother a peasant farmer. I saw my father work very hard to put food on the table and raise school fees for his six children since his pay was inadequate. It was through his small business that my father was able to put as through high school.

Now an adult and single mother of one, I've noticed how hard it is to live a comfortable life in our current economy. It is only in business that one can attain financial freedom. Through business, women and youth have empowered themselves and others. I've realized that with business one can go far. It is for this reason that I started a business selling second hand clothes .

My Business

I started my business almost a year ago selling cosmetics and second hand clothing. I chose this kind of business because I am passionate about fashion and looking good/smart at all times. At first I sourced for a shop to sell my second hand clothes which was doing well until I got a job at a college in my area. This meant that I employ someone to take care of the clothes business. I later fell while hanging an item on a wall and broke my right leg, I was put a plaster on the leg and stayed in the house for four months. This was very challenging for me since mobility was a problem. I later resumed my full time job and was only able to managed the business in the evenings. I later decided to close down the shop and sell the clothes to my colleagues and students at the college during my free time i.e lunch break and weekends.

Although I cannot compare my current profit from what I was earning while I was in full time business, I do not complain as I am getting a monthly salary from my employer and something small from my side hustle - the business.

In addition, I decided to advance in my career and that meant I go back to college for an undergraduate degree. I have already been admitted and pursuing a course in Bachelor of Business and Office Management at a local university. I am now in my second year of study and I intend to use the Zidisha loan to pay part of my school fees.

Loan Proposal

I would buy second hand clothes and shoes for resale at higher price. My target market is college students since my business is located near a college. The money that I will get will be used to pay my son's school fees and to add more stock.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$286.00

Date disbursed

Sep 14, 2016

Repayment status

On Time

Projected term

12 months

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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Summary

Amount repaid

$286.01

Amount remaining

$0.00

Date repaid

Sep 8, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Sep 23, 2016 $3.02 Sep 23, 2016 $3.02
Sep 30, 2016 $10.08 Sep 30, 2016 $10.08
Oct 7, 2016 $10.08 Oct 8, 2016 $10.08
Oct 14, 2016 $10.08 Oct 14, 2016 $10.08
Oct 21, 2016 $10.08 Oct 22, 2016 $10.08
Oct 28, 2016 $10.08 Oct 29, 2016 $10.08
Nov 4, 2016 $10.08 Nov 5, 2016 $10.08
Nov 11, 2016 $10.08 Nov 13, 2016 $10.08
Nov 18, 2016 $0.00
Nov 25, 2016 $5.04 Nov 23, 2016 $5.04
Dec 2, 2016 $5.04 Dec 5, 2016 $5.04
Dec 9, 2016 $5.04 Dec 15, 2016 $5.04
Dec 16, 2016 $5.04 Dec 22, 2016 $5.04
Dec 23, 2016 $5.04 Dec 27, 2016 $5.04
Dec 30, 2016 $5.04 Dec 30, 2016 $5.04
Jan 6, 2017 $5.04 Jan 6, 2017 $5.04
Jan 13, 2017 $5.04 Jan 16, 2017 $5.04
Jan 20, 2017 $5.04 Jan 30, 2017 $5.04
Jan 27, 2017 $5.04 Feb 2, 2017 $5.04
Feb 3, 2017 $5.04 Feb 6, 2017 $5.04
Feb 10, 2017 $5.04 Feb 18, 2017 $5.04
Feb 17, 2017 $5.04 Feb 23, 2017 $5.04
Feb 24, 2017 $5.04 Feb 24, 2017 $5.04
Mar 3, 2017 $5.04 Mar 15, 2017 $5.04
Mar 10, 2017 $5.04 Mar 18, 2017 $5.04
Mar 17, 2017 $5.04 Mar 23, 2017 $5.04
Mar 24, 2017 $5.04 Mar 28, 2017 $5.04
Mar 31, 2017 $5.04 Apr 7, 2017 $5.04
Apr 7, 2017 $5.04 Apr 12, 2017 $5.04
Apr 14, 2017 $5.04 Apr 18, 2017 $5.04
Apr 21, 2017 $5.04 Apr 22, 2017 $5.04
Apr 28, 2017 $5.04 Apr 28, 2017 $5.04
May 5, 2017 $5.04 Apr 28, 2017 $5.04
May 12, 2017 $5.04 May 16, 2017 $5.04
May 19, 2017 $5.04 May 16, 2017 $5.04
May 26, 2017 $5.04 May 31, 2017 $5.04
Jun 2, 2017 $5.04 May 31, 2017 $5.04
Jun 9, 2017 $5.04 Jun 29, 2017 $5.04
Jun 16, 2017 $5.04 Jun 29, 2017 $5.04
Jun 23, 2017 $5.04 Jun 29, 2017 $5.04
Jun 30, 2017 $5.04 Jul 18, 2017 $5.04
Jul 7, 2017 $5.04 Jul 18, 2017 $5.04
Jul 14, 2017 $5.04 Jul 18, 2017 $5.04
Jul 21, 2017 $5.04 Aug 8, 2017 $5.04
Jul 28, 2017 $5.04 Aug 28, 2017 $5.04
Aug 4, 2017 $5.04 Aug 28, 2017 $5.04
Aug 11, 2017 $5.04 Aug 28, 2017 $5.04
Aug 18, 2017 $5.04 Aug 29, 2017 $5.04
Aug 25, 2017 $5.04 Aug 29, 2017 $5.04
Sep 1, 2017 $5.04 Aug 29, 2017 $5.04
Sep 8, 2017 $5.04 Sep 8, 2017 $5.04
Sep 15, 2017 $0.66 Sep 8, 2017 $0.66

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