Add stock to my business

Debora Gachara

Eldoret, Kenya

59% repaid

Entrepreneur

Name

Debora Gachara

Member since

September 2015

On-time repayments

178 installments  •  49%

About Me

Am debora Gachara I was born in the year 1965 in Kitale Tranzoia County in Rift Valley Province .I am the second of my parent out ten 'sibling .
I attended Primary School between the year 1974 to the year 19 82 at Kitale Central.
I could not continue with my education to High School due to the Poverty of my parent who did not not have anything apart from food for the Children therefore I drop from Primary level.
Then latter I got a casual job that I did for many years with a very low pay but I was able save little that I use to start my own business.
Am now now married with three children and are all boys and they all grown up people .and one is married with two kids now.
I overcame hardship after I worked for ten years and saved small money to start my own business which am doing to date.
The Unique thing in my place where am coming from is that Girls are not considered when it comes to high education for it is preserved for boys only .
My hobby in my free time is singing at home and travelling to the game park to see wild animals

My Business

I sells new brand clothes to my customers in my shop.
These goods are so much useful and are in great demand due to the fact that many people in this region sells second hand clothes in the market but only me and very few are selling brand new clothes.
My typical cost and revenue is 20,000KES.
This is how I use my profit that I get from my business .
1.School fees for my grand son =5,000KES.
2.Reinvestment to grow the business=2,000KES.
3.Home improvement =10,000KES.
4.Medication for my old and sick mother =2,000KES.
5.Church activities and offering to the Lord =1,000KES
I also expect this business to grow in the near future and expenditure as well to grow

Loan Proposal

When I am given this loan amount the I will be able to buy brand new clothes stock with whole loan amount i.e 290 dollars.All that will in preparation to boost my sales as we approach Christmass festive season
If this plan is implemented the it will benefit me and others in that I will get more profit and another person will be employed in my shop and my customers also be served well wit what they want and what is in demand.
I expect 35% increase if this plan is implemented wholly . Thank you much for considering me for funding .I promise to be faithful repayment .
God bless the Zidisha lenders

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$301.04

Date disbursed

Oct 23, 2016

Repayment status

Late

Projected term

29 months

Cost to entrepreneur

Service fee: $12.40

Other loans

Lenders

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Mike and Jacqui

United Kingdom

PR

Paul Rausch

United States

MP

Matt Patton

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

M

Margaret

United States

A

Anonymous

United States

PZ

Phillip Zink

United States

Paul Buchheit

Mountain View, United States

JM

June Macleod

United Kingdom

Ask Debora a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...