Entrepreneur
Name
Ogola
Member since
May 2014
On-time repayments
175 installments • 79%
About Me
I am Clement Ogola, live in Ogera village and I am a businessman dealing in second hand clothes, mainly women wears.
I sat for my Kenya Certificate of Secondary Education in the year 2010 at Atemo secondary school. I obtained a mean grade of B-.
Due to lack of school fees to further my education, I started buying kitchen wares at cheaper prices, market and sell them.
I am married and fathering a daughter. So far I have bought three goats with the profit I have made from the business.
I like inspiring fellow youths to live their dreams and believe in themselves.
For the rest of my life,just want to enjoy freedom by being innovative in business field and help create many opportunities for young generation.
I like playing ball games during my free time.
My Business
I do sell second hand clothes commonly refferred to as mitumba in Mbale town. I have a shop where I display my merchandise and have a good sales reputation.I deal in second hand clothes that I source from the wholesalers from the open air market in Nairobi.
I have always encountered a setback due to bad debtors but it most of them nomarlly settle .I make an average of $90 monthly profit.This is after expenses of averagely $60 hare been deducted.My source of income to help me repay the loan shall come from my business which is stable but require expansion to capture more clients.
I`ll ensure I abide by zidisha regulations outlined and repay the loan promptly.
I humbly look forward to your positive response in regard to my application.
Loan Proposal
If my loan application is considered and funded by the lenders,I will add more bales of clothes. Currently I have several customers for the clothes. I have been purchasing a bale of the second hand clothes but of late the demand has been so high for more clothes owing to the fact that most of my customers buy the clothes in bulk for retail. My plan is to purchase at least four bales every week in order to sustain the customers.A bale goes for USD181.591. I am looking forward to the funding of my loan . Thanks Zidisha team.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$408.00
Date disbursed
Jul 1, 2015
Repayment status
On Time
Projected term
6 months
Other loans
Lenders
United States
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Summary
Amount repaid
$426.33
Amount remaining
$0.00
Date repaid
Jan 11, 2016
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Jul 12, 2015 | $15.78 | Jul 13, 2015 | $15.78 |
| Jul 19, 2015 | $15.78 | Jul 20, 2015 | $15.78 |
| Jul 26, 2015 | $15.78 | Jul 27, 2015 | $15.78 |
| Aug 2, 2015 | $15.78 | Aug 3, 2015 | $15.78 |
| Aug 9, 2015 | $15.78 | Aug 10, 2015 | $15.78 |
| Aug 16, 2015 | $15.78 | Aug 17, 2015 | $15.78 |
| Aug 23, 2015 | $15.78 | Aug 24, 2015 | $15.78 |
| Aug 30, 2015 | $15.78 | Aug 31, 2015 | $15.78 |
| Sep 6, 2015 | $15.78 | Sep 7, 2015 | $15.78 |
| Sep 13, 2015 | $15.78 | Sep 14, 2015 | $15.78 |
| Sep 20, 2015 | $15.78 | Sep 21, 2015 | $15.78 |
| Sep 27, 2015 | $15.78 | Sep 28, 2015 | $15.78 |
| Oct 4, 2015 | $15.78 | Oct 5, 2015 | $15.78 |
| Oct 11, 2015 | $15.78 | Oct 12, 2015 | $15.78 |
| Oct 18, 2015 | $15.78 | Oct 19, 2015 | $15.77 |
| Oct 26, 2015 | $0.01 | ||
| Oct 25, 2015 | $15.78 | Oct 26, 2015 | $15.77 |
| Nov 2, 2015 | $0.01 | ||
| Nov 1, 2015 | $15.78 | Nov 2, 2015 | $15.76 |
| Nov 9, 2015 | $0.02 | ||
| Nov 8, 2015 | $15.78 | Nov 9, 2015 | $15.75 |
| Nov 16, 2015 | $0.03 | ||
| Nov 15, 2015 | $15.78 | Nov 16, 2015 | $15.78 |
| Nov 22, 2015 | $15.78 | Nov 23, 2015 | $15.78 |
| Nov 29, 2015 | $15.78 | Nov 30, 2015 | $15.78 |
| Dec 6, 2015 | $15.78 | Dec 7, 2015 | $15.78 |
| Dec 13, 2015 | $15.78 | Dec 14, 2015 | $15.78 |
| Dec 20, 2015 | $15.78 | Dec 21, 2015 | $15.78 |
| Dec 27, 2015 | $15.78 | Dec 28, 2015 | $15.78 |
| Jan 3, 2016 | $15.78 | Jan 4, 2016 | $15.78 |
| Jan 10, 2016 | $15.96 | Jan 11, 2016 | $15.96 |
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