Clothing sale

Johnmike

Nairobi, Kenya

70% repaid

Entrepreneur

Name

Johnmike

Member since

April 2015

On-time repayments

289 installments  •  83%

About Me

I am Johnmike Okello Opondo was born in Eastleigh maternity unit and raised in Babadogo area an informal settlement.I studied in Korogocho before completing my high-school education in western province of Kenya.Completion of my college education in Diploma in Business Administration led to job search which was hard to find that's when I decided to start business because of the current situation of unemployment in Kenya.The unique thing about our land is that people are really impressed with new things and services and since my services are best I can tell my business will grow well.At the moment I don't have children but i will nurture them to be business people because being self employed at their youngest age will help them a lot.I love football.

My Business

I do clothes and shoe business.I normally travel to the coastal part of Kenya and western border part of Kenya buy ladies clothes,shoes and sandles.These goods are useful because my target market are ladies and ladies love to buy new trends.I chose these kind of business because their is ready market what you just have to do is find new trends and supply.My starting cost was estimated at 62,000kshs which included transport and premise.I use the profit to expand and venture into more business opportunity like the entertainment industry i.e selling movies and music.

Loan Proposal

I request a loan of Kshs 15,000 to buy more stocks for my business. The amount will help me so much in adding to the stock since most people are on recovery mode.

Income Source

Incase of any pandemic or business challenge, having placed a minimum amount of Kshs 100 per week it will be possible for me to pay the loan since I will be able to do my business online.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$134.00

Date disbursed

Mar 22, 2021

Repayment status

Late

Projected term

2 months

Lenders

ads68

Melbourne, Australia

B

bscent

Hong Kong

Humble Bundle Community

San Francisco, United States

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