Business expansion

Lucy

Mombasa, Kenya

19% repaid

Entrepreneur

Name

Lucy

Member since

June 2019

On-time repayments

26 installments  •  27%

About Me

My name is Lucy Njeri. Am a single mother of a 15 year old boy. I started selling second hand clothes in my house to sell to my neighbors, so that I could take care of my son and mum. I used to Hawk around the neighborhood selling second hand clothes and cosmetics. Now I share a space with a friend where I sell my clothes.

My Business

Am a second hand clothes seller I buy clothes from the market to sell to my customers who are mostly my neighbors and also I have started selling online. I got a small space where my neighbor allows me to sell my goods in her shop. I would like to own my own shop so that I can expand since I have noticed there aren't many shops that sell cosmetics and second hand clothes in my area. Am currently planning to find funds of amount $ 800. To get the shop and buy more goods.

Loan Proposal

I have been selling second hand clothes and from my last loan I got a few pairs of shoes to sell. With this loan I intend to buy more clothes and shoes for sell as the market is picking up well.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$33.00

Date disbursed

Aug 17, 2019

Repayment status

Late

Projected term

4 months

Lenders

World Centric

Sonoma County, California, United States

M

Melissa

United States

A

Anne

Germany

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  • Lucy    Nov 13, 2019

    I had family issues that needed my urgent attention and I had to spend a lot of money.

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  • Lucy    Sep 25, 2019

    My shop was raid and my goods got stolen.

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  • Timothy    Sep 5, 2019

    Lucy has good plans, she had said the profit she will be used to repay the loan in due course. She has also agree to make adjustment to suit her current income.

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  • Lucy    Aug 13, 2019

    In the last loan I had bought clothes for my business to sell and from the profit I managed to start selling shoes. In the next loan I want to expand and buy more clothes and shoes for sale.

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  • Lucy    Jul 21, 2019

    Here are some of my clothes that I sale. After I got the loan. Am grateful to the lenders for assisting me with the loan.

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  • Lucy    Jul 21, 2019

    Here are the clothes I have added to my shop space. After I got the loan of 1835kes.

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  • Lucy    Jul 18, 2019

    With the loan of 1835kes I got. I managed to buy more clothes from the market worth 1700kes for my shop space. And with that I know I will sell them to my clients and also online. I am hopeful of reaching my goal of owning my own shop, after repaying my loan and getting another loan. Thank you lenders. For the loan.

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