Add more handbag stock and rent a retail outlet

Angelah

Thika, Kenya

100% repaid

Entrepreneur

Name

Angelah

Member since

January 2014

On-time repayments

156 installments  •  30%

About Me

My name is Angelah Mureithi,i hail from Thika district Kiambu county.I started my business since the cost of living is really high and i have a kid i need to provide for.My son is 5 years old and needs healthcare a decent education and food.also having come from a not so well back ground,i would not want my son to lack the basic needs in life.My business involve selling handbags and shoes. by word of mouth and from one office or home to another. I'm planning on opening an office where i can put my displays and thus expanding my market and clientèle being funded by zidisha i know i will achieve my dream of expanding my business.thank you

My Business

Apart from by business im also in formal employment.working as an accountant in a small firm.my main income comes from my business though since i supply quality handbags to my client go for my bags from Kampala and sell in the local market.I would also want to add the wholesaler in my list of clients since thats a larger market.I believe bags is a good venture since the modern woman is now so into classy bags esp the modern working woman.A nice bag paired with a matching shoe will lift any outfit from bad to good.However there are risks too which include buying an old fashioned bag which will remain as dead stock or been caught up by fashion changes.so it requires me to keep tabs of what is new

Loan Proposal

Thanks again Zidisha family for giving me a 3rd opportunity to borrow money to expand my business.2 months ago i had an unfortunate event where my shop was broken into and a few items stolen,Therefore my current loan i would want to shift to a more secure and strategic place.I also want to travel to Uganda and increase my stock.I know with the loan i will add to my savings and accomplish the above plans.Thank you as you plan to fund me.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$242.00

Date disbursed

Nov 26, 2014

Repayment status

On Time

Projected term

9 months

Lenders

ElWal

Kirn, Germany

Cricketca

San Jose, United States

Franmiguel

Perth, Australia

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