Adding more africa materials for clothes

Mwatime Ibrahim

Nakuru,kaptembwa Slums, Kenya

41% repaid

Entrepreneur

Name

Mwatime Ibrahim

Member since

February 2014

On-time repayments

249 installments  •  57%

About Me

I am Mwatime Ibrahim,I live in Nakuru kenya, I am a single mother of four children, I am also a christian who was converted from Muslim family and I am proud to be in the army of God.
I was born in Meru Timau but now I live in Nakuru with my children.
I schooled my primary Education at teleswan Primary school and later joined kirige High school.
I work with Royal saints schools which is a school for orphans as a volunteer worker and Cradle of Hope mission as volunteer too.
while at the school where I volunteer to help children, I also do business of selling Vitenge or materials from Uganda,Tanzania and Mombasa as my source of income to help my children fees and upkeep since I am a single mother.
My passion as a woman is to do business to help my children and this is the reason why I decided or started Business as the source of my income.
my Loan I will use it to purchase some vitenge from Uganda and Tanzania and distribute to my customers because most of them they order them and if I don't receive any order I could go office to office and school to school to look for order and once I have the order, I could go get the goods and supply to them at a good price to keep them.
I could by one kitenge at kshs650 and sale it at kshs1250 depending with agreement between the buyer and the seller.

My Business

My business is of selling vitenge from Uganda,Tanzania and Mombasa,most of my customers do make orders,so I could go by myself and select the best colors that my customer like so much.
My business could give me a profit of ksh800per one kitenge if I sake 10 pieces I could make kshs8,000 per month,mostly I collect the funds monthly because that is when most of them receives salaries.
regarding my business demand is high because most of people that Ideal with are women, they love vitenges because they are a symbol of African culture, it is on demand if I get good capital I can make more than ksh20,000 monthly as a profit, this is because I will not worry about the stock because I will be able to serve anyone that comes with her or his order.
regarding asking for lenders to help me through their loans, I will be able to achieve my dreams and will help my family as a single mother to even help pay for my children school fees especially now that I am preparing to take one to form one next year.
Approximately I do make 8000 a month a my profit beside the expenditures.
I will be very comfortable paying this loan when granted the chance to be given the loan, I will pay through my profit I make through the selling of vitenge and materials I sale.

Loan Proposal

Dear Lenders,first I want to thank you all for supporting me on my previous Loans, this time I will use the funds to purchase more Vitenge,I Approximately do make 17,000 a month a my profit beside the expenditures compared with my previous 8,000, I will be very comfortable paying this loan when granted the chance for this loan,
right now i have so many clients who are in need of these goods and I will be very happy if my request will be granted.
once again lenders Thank you.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$496.89

Date disbursed

Dec 28, 2014

Repayment status

Late

Projected term

52 months

Cost to entrepreneur

Lender interest: $496.89 at 5.21% annual rate over 52 months = $112.51

Service fee: $106.65

Lenders

Daniel

Brussels, Belgium

JB

James Broderick

Cobham, United Kingdom

F

fabian85

Uppsala, Sweden

O

omegajimes

Burnaby, Canada

H

Hans57

Berlin, Germany

HI

Highly Improbable

Saskatoon, Canada

A

AndreeBrouwers

Antwerpen, Belgium

investor

Candiac, Canada

canadianlstan

Toronto, Canada

Spyque

Saint James, United States

A

aniculai

GENK, Belgium

E

Elisabeth

Hove, Belgium

bdm4a

San Fransisco, United States

S

slamarca

Caserta, Italy

V

velocity

Nueremberg, Germany

A

aterashva

London, United Kingdom

ktriolo1

Venice, United States

G

guido

Valladolid, Spain

daibhmac

Luton, United Kingdom

N

norlaine

Rogers, MN, United States

S

spiritracker

Indianapolis, United States

oleseidenberg

Berlin, Germany

Rocketdrive

Eugene, Oregon, United States

F

Forba

Mo i Rana, Norway

W

world

Kansas City, United States

MaxEmerika

Sonoma County, California, United States

J

johnbireland

Dublin, Ireland

Hakayati

Dublin, Ireland

J

jrtregurtha

Ridgefield, United States

Z

zako316

Chicago, United States

P

pieces15

Grand Falls-Windsor, Canada

K

K1Stay

London, United Kingdom

N

noah695

Salt Lake City, United States

B

benbusack

McCall, United States

J

jjcharlie

chicago, United States

F

FaaThailand

Bangkok, Thailand

MichaelDean

San Jose, United States

OliverSouthwick

London, United Kingdom

andreas

St. Georgen / Gusen, Austria

Jacob Hedegaard

Risskov, Denmark

J

jjonas

berlin, Germany

B

bhalter

Eau Claire, United States

S

Snake707

Somewhere, Germany

G

graememoss

Amsterdam, Netherlands

rasmus

Bern, Switzerland

Namaste250

Pittsford, United States

RookCarmain

Coquille, United States

joaoferraz

RINCHOA, Portugal

Treesforpeople

Oxfordshire, United Kingdom

D

Don100

Wilton, United States

Stefano Bertolo

Luxembourg, Luxembourg

MarshFamilyUK

Canterbury, United Kingdom

dmirpuri

Bangkok, Thailand

M

Mountainmanduy

San Jose, United States

K

Kristell

Middelburg, Netherlands

John Makongo

Kitale, Kenya

T

tommychheng

san francisco, United States

A

Anonymous

United States

T

tiojoca

Portugal

KM

Kirsty M

United Kingdom

AH

Alex Huxley

Ellesmere Port, United Kingdom

SMOICE

Berlin, Germany

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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