Buy more stock of shoes and also include tshirts and trouser

Peter

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

August 2020

On-time repayments

23 installments  •  22%

About Me

My name is Peter Mutinda and I'm a Kenyan born citizen aged 40 years. I'm married with two sons and I'm a Christian. I lost both my parents back in the year 2000 and being the first born in our family had to drop out of college to take care of my younger siblings. I have done manual jobs for the best part of my life but in the recent years joined the business community hence looking for funds to boost my business

My Business

I'm in the second hand items industry(locally known as mitumba) dealing in shoes and other casual wear items. I also do screen printing and general branding

Loan Proposal

I would like to increase my stock so as to be able to increase sales because currently i'm not able to meet demands due to limited stock and finances.
With more capital i will be able to increase my weekly sales from ksh.25000 to ksh.35000 or more hence more profits of more than ksh.10000 weekly

Income Source

The demand for my goods is high more so now that we are towards festive seasons and schools are reopening hence a high demand for back to school products

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$5.00

Date disbursed

Nov 24, 2020

Repayment status

On Time

Projected term

1 week

Lenders

CN

Craig Newmark

United States

Ask Peter a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$5.05

Amount remaining

$0.00

Date repaid

Dec 5, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Dec 5, 2020 $5.05 Dec 5, 2020 $5.05

Loading...