Additional clothes for my boutique

Evans

Kapsabet, Kenya

100% repaid

Entrepreneur

Name

Evans

Member since

May 2016

On-time repayments

83 installments  •  66%

About Me

I was brought up in a below average family. My parents struggled to get me through high school. With earnings from the small family farm that is mainly used for subsistence farming. I managed to secure a small job of which the income is below KES 10,000.00. With my 4 siblings that am supporting financially. With some little savings I managed to get some stock that am currently selling in Kapsabet town. And also create employment for others as I keep on supporting my family.
Thank you

My Business

This is a retail clothes business that I sell from my small corridor/kiosk. I also do hawk in the markets around kapsabet in Nandi county.
I did some research and discovered that the clothes business is common but very lucrative everywhere including Nandi county, where especially during the cold season jackets and sweaters are really needed and you can make good sales.
Averagely I get a profit of between KES. 5000-KES. 15000 per month depending on how good the business was in that month.
My expenses are mainly rent and market fees,
The earnings I get I use them to support my siblings who are in school and my household expenses.
With funds I can expand this business more by adding more variety of needed clothes that I don't have, create employment for others in need and at least have some savings to support other need people in society.
Thank you

Loan Proposal

I intend to purchase extra new clothes for my boutque worth around 100 USD
This will help improve my sales during this month of December which is a very good month for clothing sales.
I expect to make profits of around 40USD from this purchases.

Feedback

1

None

None

  • Margaret    Mar 17, 2017

    Evans paid his loan off perfectly. I would not hesitate to lend to him again and encourage others to do the same. Thank you Evans for a positive experience!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$82.00

Date disbursed

Jan 2, 2017

Repayment status

On Time

Projected term

2 months

Lenders

A

Anonymous

United States

paulclinton

malaga, Spain

Lisbeth

Perth, Australia

JS

Jon Scherer

United States

Christopher Hey

Sudbury, Canada

A

Anonymous

United States

M

Margaret

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

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  • Evans    May 22, 2018

    I am trying to venture into new business venture which I hope to improve in three to four weeks. Kindly bear with this adjustment please

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  • Evans    May 5, 2018

    My expectations of earnings have not been achieved am requesting for your indulgence for I to rearrange accordingly.
    Sorry for the inconvenience.

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  • Evans    Apr 4, 2018

    There is improved business looking forward to clearing my loan in time

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  • Margaret    Dec 29, 2017

    Hi Evans,
    I hope that business improves for you in the New Year. Best of luck to you as always. Regards, Margaret

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  • Evans    Dec 29, 2017

    Business has not been good though currently it is picking up well. Need to adjust a bit in order to clear my loan

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  • Evans    Jul 31, 2017

    Due to some challenges I wish to adjust for one month for things to improve

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  • Evans    Jun 22, 2017

    .

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  • Evans    Jun 1, 2017

    Things are improving slowly

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  • Evans    Apr 29, 2017

    Am experiencing some difficulties in business and personal life. I could like to adjust in the meantime time then once things improve I will reinstate normal payments.

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  • Evans    Apr 9, 2017

    I just did purchases and I have not made sales. Could like to adjust downwards and immediately sales pick up I will adjust upwards.

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  • Evans    Apr 3, 2017

    I hereby take this chance to thank my lenders for the support that you have continued to offer me. I dedicate myself to being part of this family. I have received the funds 422USD and I look forward to purchasing of some jackets and women's dresses immediately.
    Thank you

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  • Margaret    Mar 25, 2017

    Hi Evans,
    I am so happy to see your loan was fully funded. I hope this new loan helps you to grow your clothing business yet again. Best of luck to you as always. Regards, Margaret

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  • Evans    Mar 18, 2017

    With my last loan I bought a couple of clothes that were on demand mainly jackets because of the cold weather and ladies dresses. This improved my sales since I had variety for my sales. My profits were improved and I was able to pay my bills and my l Ioan in time. I also ploughed back to the business extra profits.

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  • Margaret    Mar 10, 2017

    Hi Evans,
    You can contact [email protected] anytime you need to make changes to your payment plan.
    I am glad to hear business is going well for you. With Regards, Margaret

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  • Evans    Mar 6, 2017

    I could like to pay more. Save for bad business days

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  • Evans    Feb 15, 2017

    I need to adjust my payment upwards due to some improvements in earnings for my business. I appreciate your support so much.

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  • Evans    Feb 8, 2017

    I wish to adjust upwards

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  • Evans    Jan 14, 2017

    I received my new clothes late and could like to reduce my instalment until I start making sales

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  • Evans    Jan 14, 2017

    Hello lenders
    I received USD81 which I used to buy to buy 10 new clothes at KES 750 and 800. I hope to sell them for a profit of app 200 each.
    Once again thank you so much

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  • Margaret    Jan 9, 2017

    Hi Evans,
    I hope the loan from Zidisha helps you to boost your business. Best of luck to you. Regards, Margaret

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