Merchandise expansion

Byrone

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Byrone

Member since

February 2018

On-time repayments

8 installments  •  38%

About Me

My name is Byrone Onyango.I am an hardworking and dedicated individual. My childhood was not one worth keeping memory of. I lost both my father and a mother at an early age and thereafter grew up mostly under children support centers.

Realizing that I was on my own, from a very tender age, I made a personal decision to work differently towards my future. My school life was sponsored by the respective schools owing to the exemplary performances I used to produce.
After school I started a clothing shop with the savings I had. With dedication and hardwork have seen my business improve gradually within its short three year spun. The little income I receive from the business as enabled me support myself and some three learning students I was once in an orphanage with.

The unique factor about the people from my culture is that they have the habit of promoting one of their own. This has worked to my advantage since they really buy a lot from my merchandise. My hobby includes rearing of poultry and reading of novels.

My Business

My business is about selling of clothes,school uniforms and shoes.I also do branding of school uniforms and soccer jerseys.The goods are on an always demand given the number of many schools that have liaised with me to brand and avail them school uniforms and games attire.

My costs include the transportation cost of bringing the goods in bulk from the capital city,Nairobi. A times i take part in community giving back services such as offering school uniforms to orphan school children.Currently am focusing on increasing the size of my business.

Loan Proposal

I am planning to use the loan to inject back into my fast growing clothes shops.I plan to add more stock into my business so as to maximize the profit.This will not only benefit my family and i financially but will also give an employment opportunity to people am planning to employ to help me.This investment is likely to increase my business earning by 70%.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$14.00

Date disbursed

Feb 24, 2018

Repayment status

On Time

Projected term

5 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

RM

Roddy Murray

United Kingdom

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  • Byrone    Aug 3, 2022

    I'm greatful for the loan that was previously given,I was able to provide fertilizers for my sugarcane farm.

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  • Byrone    Jul 19, 2022

    I'm greatful to my lenders for giving me the financial backing to expand my business.The loan achieved it's purpose of expanding my stock.

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  • Byrone    Jul 18, 2022

    Hello,
    I would like to appreciate in very big way my lenders who came out generously and contributed towards my fundraise. The money helped me in a big way as I was able to promote my business, grow it and sustain my family through it.
    Once again much thanks.

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  • Darius    Jul 19, 2018

    I have advised him to adjust his instalment amount, he has agreed to do so, and pay the instalment overdue.

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  • Darius    May 18, 2018

    I was unable to find him on phone, it forced me to wrote him a message instead, I have not yet received the feedback.

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  • Darius    Apr 10, 2018

    I have done my best to communicate to him, and he finally said that he is going to pay by the end of this week, I have also explained to him how to adjust his instalment if the first instalment is too much for him to manage.

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  • Byrone    Mar 1, 2018

    I am grateful for the loan awarded last time.I was able to use the amount to purchase a stock of school socks that were quickly bought by the customers.

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  • Byrone    Feb 26, 2018

    Hey am grateful for the loan awarded.I used the loan to add the socks stock in the premise.I am really appreciateful for boosting my business and am looking forward to more loan relationship.

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