Increase of stock for my boutique
Angeline
Nairobi, Kenya
$0 to go
100% funded of $100 goal
0
days left
Entrepreneur
Name
Angeline
Member since
July 2015
On-time repayments
20 installments • 0%
About Me
my name is Angeline kwamboka beldina. i come from kisii county in kenya. i come from a very poor background, and in a family of four. during my schooling years i went through a lot given that my parents were not able to pay for my school fees and i only depended on donors and bursary forms .
My whole life was full of struggles given that i had other siblings who really needed my attention. i had to repeat some classes due to lack of funds until i found a sponsor who saw me through primary school and part of secondary. My learning was a sad story that i cry every time that i tell it. Through the hardships i managed to complete my high school and go to university.
while at the university i started a small business of selling second hand clothes to girls in our college. Eventually this dream developed till i opened a boutique that now operates full time. where i come from people are very supportive and always united.
when my children grow up i pray that they be whatever it is they dream is. I will work hard in order to support there dreams. when i was growing up i loved to sing so much and up until now i still wish that i can still sing.
My Business
I sell clothes, mostly designer clothes and women accessories. women clothes are all about fashion and the need to outdo each other. fashion does not stay for long so many people always aspire that they keep in trend with fashion. On that note, this clothes especially the women clothes are always in demand no matter the season or the time.
on a normal day, given that i have enough stock i can make profits of up to kshs200 on a single item of cloth. translating that to a monthly income it becomes over ksh6000 but on a single item. on a monthly basis i also use around ksh4500 to pay rent and other small charges like license which cost around kshs 1500.
I use this profits to educate my remaining brothers and sister and the remaining i inject it back to the business.
Loan Proposal
I will buy around 40 dollars worth of women dresses which have already been ordered by my clients and also 50 dollars worth of the new generation handbags which already have been ordered. i will also add this months profit to the sum in order to enable me buy some three pairs of ladies import shoes that a client has ordered for a wedding that is up coming.
From this sales my profits will increase by around 120 dollars in the month and i hope to increase that by inject more profit to my capital revenue.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Aug 5, 2015
Repayment status
Late
Projected term
4 months
Lenders
Taiwan
United Kingdom
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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