Considering wholesale in second hand bales

Hellen

Kiria-ini, Kenya

100% repaid

Entrepreneur

Name

Hellen

Member since

April 2014

On-time repayments

64 installments  •  88%

About Me

Im Hellen,a kenyan citizen born in a family of 5,a hotelier by profession-hospitality industry. In this industry I was taught that a customer is always right and I grew the passion of making sure our customers left satisfied all the time and always yearned to have my own business where I would deal with my own clients direct hence came up with the idea of starting my own business to boost my little earnings from the hospitality industry, and later realized I was a business minded person & the fruits of being self employed and worked hard to starting my own business. I have a passion for ladies stuff.
I do both retail and wholesale of ladies handbags,clutchbags,wallets ,shoes and dresses.
I also retail on ladies perfumes,lotions and body creams,& other accessories.

My Business

I was very addicted to facebook and apart from chatting with friends I had to come up with something that would earn me some income through facebook ,hence the idea of creating my page "FirstFinest where I could take pictures of ladies and children stuff and post there and sell through the same social media. My biggest income comes from ladies goods as they are very fashion-oriented. I import the goods which includes maxi dresses, handbags,clutchbags,wallets,shoes and other accessories from different countries. I earn regular income from two shops. i manage to pay my sales girls and my day to day upkeep and monthly bills. I strongly believe the loan given will help me move my business to another level.

Loan Proposal

Due to the high competition in the clothing industry, I have all along dealt with new items, but have seen the industry get flooded quiet first and would therefore like to be in both new clothings as well as second hand ones which I will be distributing on wholesale only.
The second-hand clothing has its own clientele who believe in getting unique stuff ,unlike when new ones floods in the markets and everyone ends up looking the same, I have observed that ladies always want to be unique in their own ways,wear what no one else is wearing, carry a bag that's not common with others in the streets and so on.
The industry is already tapped, but still doing very well and that's why I want to be in both new and second hand clothings.

Feedback

7

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Loan Info

Project Type

Classic Loan

Disbursed amount

$610.00

Date disbursed

Aug 4, 2015

Repayment status

On Time

Projected term

3 months

Lenders

T

ToddK

Indianapolis, IN, USA, United States

fairspirit

Utrecht, Netherlands

H

howard

Vence, France

mepster

San Francisco, Ca, United States

Franmiguel

Perth, Australia

MW

Matt Willis

United States

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