Add more fabrics for the event organizing business
Linet
Umoja 1 Innercore, Kenya
100% repaid
Entrepreneur
Name
Linet
Member since
August 2014
On-time repayments
40 installments • 73%
About Me
I was born and bread in the the capital city of Kenya, Nairobi. I am currently married with two beautiful daughters 20years and thirteen year old. Due to the passion for organizing cook outs and entertaining friends and relatives as one of my hobbies, I decided to seriously take up event organizing. Soon I started receiving requests from friends and relatives to organize functions. I bought 100 plastic seats and bought 2 tents for 100 and 50 seater capacity for hire. We have since been organizing weddings and corporate functions. I would like the business to grow since bigger functions will requires for items for an efficient function. I am glad that I am also getting more help from the family members, especially my daughter who cleared high school last year is very keen on the job and I would like her to take over one day as a source of income.
My Business
My main goal is to be self reliant in future to minimize the cost of hiring. If I get the loan I will continue to purchase items that we use in the event industry such as video camera, more seats, fabrics for decoration get new tents and catering appliances. This will cost me at least Kenya Shillings 500,000 or more in total. I am grateful to zidisha for the past loans that enabled me to buy two big cooking pots and 10 more seats. With my last loan I added 2rolls of fabrics that are used for decoration. I would like to increase my stock continuously. Since the event industry is quiet dynamic it is important to keep up with the current requirement. This is why I will always be buying current tents since or are now old and outdated.
I am currently operating from the house it becomes very uncomfortable for both parties. clients must come home and view the items they are hiring. We also spend so much money on hiring of transport I would like to minimize on cost one of this fine days.
I have already identified commercial places that can serve as both a storage facility and offices to give me a more professional outfit. I always engage youth in the are from manuals jobs and if we are able to expand I will give opportunities to a few youth on a permanent basis . For now I will engage and work with my daughter who cleared high school and the rest of the family members.
Loan Proposal
I want to appreciate Zidisha for the past loans I have been able to buy 2 large pots now I can take bigger cook out orders and this has increased my revenue. I have also added 5 more plastic seats to my existing chairs. I also bought fabrics that are popularly used for tent decoration at functions and also fixed some torn parts of my tents now they are more presentable. They are so many items needed in the event industry such as cameras, lighting, fabrics, tents etc.
I plan to add more fabrics with the next loan. I plan to continue restocking in order to reduce the cost of hiring and to generate more revenue.
I have big dreams I will make good use of future zidisha loans. Thank you very much
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Loan Info
Project Type
Classic Loan
Disbursed amount
$89.00
Date disbursed
Aug 22, 2015
Repayment status
On Time
Projected term
6 weeks
Lenders
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