More stock for my bags business

Samuel Karanja

Kajiado, Kenya

100% repaid

Follow Samuel Karanja

How it Works

Entrepreneur

Name

Samuel Karanja

Member since

November 2018

On-time repayments

5 installments • 80%

About Me

Hi, I'm Samuel living in Ongata Rongai town which is in Kajiado county, in the outskirts of Nairobi, Kenya. I run a business of retailing second hand assorted bags at my shop in Ongata Rongai town.

My Business

I run a shop merchandising assortment of second hand bags. I started the business five years ago and i want to take it to the next level. I have stumbled on an opportunity to buy out a struggling business and convert it as my store so as to expand my business.

I need US $ 500 to pay for the goodwill and do renovations. The breakdown is as follows

I'll use US $ 300 to pay rent arrears for the said shop.

Pay US $ 100 as transaction fee for change of ownership.

Use US $ 100 to renovate the premises.

In total I'm requesting Zidisha team for a loan of US $ 500.

Looking forward for your assistance.

Loan Proposal

From the loan i will get, i will increase stock in my business. I retail assorted handbags, school bags, travelling bags, bag packs e.t.c. I buy in bale and then retail.