A loan to buy clothes for my shop

Miriam

Ruiru, Kenya

100% repaid

Entrepreneur

Name

Miriam

Member since

August 2014

On-time repayments

80 installments  •  59%

About Me

I am miriam Njambi and i live in Ruiru. Am self employed and i have always loved being my own boss. Business has been my passion for a long time and this self motivation has enabled me to engage in entrepreneurial world without fearing the risks that are usual to business people. Honestly speaking i have always faced challeges but failuares has never been enough reason for me to quit doing business since i have always believed that success comes after many trails. Currently, i have a household shop that i operate. I usually sell things such as bed-covers, towels, blankets,doormats,carpets and other household stuffs.

My Business

I have a household business that has been doing quite well for the past six months since i started it. The business has been providing for my upkeep and has shown a positive progress. I have lot of hope in it despite the challenge of funds to expand it and increase the profit margin since its a young business that needs outside sources of funds before it fully stands on its own. The business is also located in a good place that has lot of people who pass through that road from their work places. This has ensured that i get quite a good number of customers. A floor firm that is also located just a few meters from my shop also serves as a source of potential customers and this is really promising. I strongly believe that the business will grow as desired if well managed.

Loan Proposal

I have a clothes shop and i wish to expand it by buying more stock. I have applied for the above amount to purchase some more stock of different line so as to have variety of clothes. Currently, am selling bed covers, bed sheets, matress covers, towels and door mats. The purpose of the loan requested will be used to buy a different type of clothes. This will expand my business and increase my income. I will highly appreciate the zidisha team support and promise to repay the loan on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 12, 2014

Repayment status

On Time

Projected term

7 months

Lenders

investor

Candiac, Canada

C

cjmenchaca

Austin, United States

RebeccaNie

Palo Alto, United States

ads68

Melbourne, Australia

J

JohnH

Livonia, Michigan, United States

E

E

Marin county, United States

Matching Fund

Sterling, United States

Leonardia

Waddinxveen, Netherlands

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