To sell clothes

Christine

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Christine

Member since

May 2015

On-time repayments

54 installments  •  89%

About Me

I am a second last born in a family of six .During my childhood I participated actively in Drama and Poetry and Dance in the festivals in School and also in my local church. I grew up wanting to become a news anchor but ended up being a teacher. I love the job and a like working with children and moulding them to become responsible and respected in the community. My hard time was when I walked to and from school which were many kilometres.The culture in my community is unique especialy the boys circumcision .To me its a painful experience they undergo through in the forest at a tender age.I would love my son to be a dancer and a footballer. I have seen full potential in him and would love to nurture the talents.

My Business

I stay in Nairobi.Ongata Rongai in Kajiado County.The plot is situated near Ongata Rongai Police Station.It is a distance of about five minutes walk from the Police Station. It is opposite Sawasawa Church.Plot number two and house number two.The owner is called Richard Mwangi .It is still not complete,we only have the ground floor and the first floor the rest is in complete. During weekends I buy new clothes from the shops at Eastleigh , Gikomba market in town,Kware market in Rongai and also Adams Arcade market and pack them and sends them as a parcel via Easy Coach to my mother who is up country.She has customers who will come at home to fit in the clothes and buy them immediately .The customers are always sure and aware that the clothes are always brought in two weeks,so they are always ready to buy . after my mum sells she sends the money to me to buy the new stock.The profis she makes acts as a contribution for support for their upkeep in the village for buying things they use daily for their up keep.I have found it to be a nice idea because she rarely misses money. She has always appreciated.

Loan Proposal

I will buy second hand clothes and new clothes then send them to my mum who will in return sell the clothes and post the money back to me to purchase other clothes .Mostly I deal with female clothes because most women like fashion. So you look at the latest designs in the market and what women fancy a lot and this will enable my mum to sell faster and still there will be people demanding for more .Most customers are adolencents and love fashion so they easily buy the items and demand for more. So every week I supply them with necessary and some even describe exactly what they want and this gives me easy time.Most of them are 4-5 dollars and the second hand ones 2-3 dollars . So buy buying such I get a profit of about one or two dollars fro every cloth.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jul 6, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

PG

Paul Graham

United States

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Summary

Amount repaid

$52.25

Amount remaining

$0.00

Date repaid

Aug 23, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Jul 19, 2015 $8.70 Jul 19, 2015 $8.70
Jul 26, 2015 $8.70 Jul 26, 2015 $8.70
Aug 2, 2015 $8.70 Aug 2, 2015 $8.70
Aug 9, 2015 $8.70 Aug 10, 2015 $8.70
Aug 16, 2015 $8.70 Aug 17, 2015 $8.70
Aug 23, 2015 $8.74 Aug 23, 2015 $8.74

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