New sewing machine for my tailoring business

Eliud

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Eliud

Member since

December 2018

On-time repayments

4 installments  •  100%

About Me

I am Eliud Okoth and I am a parent,a father of two children.I usually work hard to provide for my children and I do all that I can to ensure that their lives are better.I would like my children to be great people in the future and be successful in their lives.

My Business

I am a tradesman and a farmer as well.I rear hens in my farm.I collect the eggs of my layers each day and sell them in wholesale prices to the retailers in the market.I also sell the hens as well to the market.

Loan Proposal

I have a huge demand of clothes from my tailoring shop by numerous customers but I am unable to meet the huge demand of my products by my customers.I am currently tailoring with one machine which is not enough to meet the high demand.New sewing machine will assist me so much in the business and enable me increase my production and meet the demand.It will be much more efficient and in good condition to perform a lot of production.The new machine will help me increase my sales and thus my profits will increase as well and provide me with the best opportunity to expand my business and provide for my family.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1.00

Date disbursed

Dec 11, 2018

Repayment status

On Time

Projected term

2 weeks

Lenders

Paul Buchheit

Mountain View, United States

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