Add more stock to my expand my furniture shop

Nancy

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Nancy

Member since

May 2016

On-time repayments

191 installments  •  38%

About Me

I was born in Transnzoia county being the first born in our family of 6 children.I went to kipsaina primary school before i joined st Joseph's girls high school. Due to high cost of living my parents were unable to rise my fees and I had to drop out of school. I started growing vegetables and sell them to the nearby markets of which I saved at least 40%of my income. I decided to start my own business of buying furniture from Carpenters and sell them to people in town. As there was higher demands in the city than in my locality,I moved to the city where am still running it and is doing well. People in my area are very generous, religious and social. I would like my children to be business minded ready to serve the society and believe in God .

My Business

I sell furniture like tables, cupboards,wardrobes and wall units which I buy in wholesale from Carpenters and sell them to customers in retails I chose this business due to its high demand and profit returns. Since i joined zidisha my business has generally uncreased changenged my life as my profit has increased due to more stock have and sell i sell them to my customers at relatively low price compared to other sellers.In a good week now I spend $300 in buying furniture and sell them making a profit of over 45% and this has greatly improved through you support on my first loan that i was able to clear it on time.I use the profit to grow my business, pay rents, buying my daily needs for my family and pay school fees for my children and my brother who is to join the university.

Loan Proposal

i will use my loan to add more stock in my furniture shop and this will probably expand it.
i will use $100 to buy cupboards,
i will use $100 to buy tables,
i will use $100 to buy wall units,
i will use $100 to buy beds.
this will enable my business to grow up since i will be able to provide enough goods to my customers especially with the current orders i have that are high demand .this will also increase my profit with over 45%and enable me to pay my suppliers on time,pay my rents ,bills and school fees for my children and my brother who is to join university this coming September.THANK YOU SO MUCH FOR THE GREAT SUPPORT GOD BLESS YOU ALL.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$397.00

Date disbursed

Aug 10, 2016

Repayment status

On Time

Projected term

3 months

Lenders

Brian

Midhurst, Canada

Zidisha

Sterling, United States

Hedwich

Gorssel, Netherlands

Matching Fund

Sterling, United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

Thomas

Sweden, Sweden

K

Katka

St Albans, United Kingdom

BS

Brandon S

United States

Mary

Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

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