Financial Support Needed to Expand Clothing Retail Business

Timothy Iyati

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Timothy Iyati

Member since

May 2015

On-time repayments

345 installments  •  80%

About Me

I was born and raised in the village, my father was a tailor my mother was a farmer. My father decided to re locate to greener pastures, he did that and we gladly went, we stayed in our new location for some years and my dad convinced my mother to sell the land again. The land was successfully sold and my dad took all the money drunk it all an we remained landless,we went to stay with relatives without or dad we dont know where he went. At seven years with my three siblings and mother,my mother gave me to someone to look after their cattle! i did not know how much i earned because its my mother who took the wages for upkeep. My uncle heard of our story and took upon himself to educate us,i was lucky to continue with school to secondary. i did menial jobs to sustain myself i could not get a nice job becouse my form four certificate had been withheld due to fee balance. I was able to clear the fee afterwards and took the certificate. I had a fiancee who helped me a lot but two days to my wedding my father who had come back committed suicide! nevertheless the wedding took place. Right now am married and have two children.

My Business

After marriage, i relocated to Nakuru where i began a micro business which never did well though i held on it, i was later sponsored to go to bible school for two years and graduated with a diploma. Right now iam iam doing partime as an insurance agent with British American Insurance Company. It is a good job but so many challenges of getting clients and sustaining them. iam also pursuing another diloma in Transformational Leadership in the local church. Iam currently the prefect of the class and a group leader in our small home bible study group where we meet once a Week. O once again come to appreciate the zidisha organisation for changing my life, I was able to pay my collage fees and even ventured in business which I began early this year, the business is doing well but some time I run short of finances this is the reason am requesting for another loan to help me expand my business.

Loan Proposal

Dear lenders, am so greatful to you for giving me another chance to work with you. Am applying this loan in order to expand my business. The demand has been so high but limited funds. I ventured in new markets which requires big stock, the supply of suiting materials and dress making materials is a very good business to me. I have tried and I believe I can do much if I get this loan. Am planning to expand this business which will in turn help me pay school fees for my son who will be joining baby class next term. I will also be able to boost my wife's small business of groceries.

Feedback

4

None

None

  • Mary    Nov 10, 2017

    Timothy is a wonderful borrower. He has a clear plan for what he wants to accomplish in life and goes for it! I would recommend funding future loans for him.

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  • Margaret    Oct 24, 2017

    Timothy paid his loan off perfectly, I would gladly lend to him again and encourage others to do the same.

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  • Margaret    Oct 15, 2017

    Timothy paid off his loan in a timely manner. I would gladly lend to him again and encourage others to do the same.

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  • James    Oct 14, 2017

    Loan repaid in full.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$181.00

Date disbursed

Jul 22, 2016

Repayment status

On Time

Projected term

2 months

Cost to entrepreneur

Service fee: $7.46

Lenders

Dunmail

United Kingdom

C

Christian

Saarbruecken, Germany

S

shaynic

Glastonbury, CT, United Kingdom

ErikN

Stockholm, Sweden

J

jgillard

Winchester, United Kingdom

Zidisha

Sterling, United States

andreas

Katsdorf, Austria

H

hanh352

Homosassa, United States

S

SlyDoh

Tomball, Tx, United States

AdvancingCompassion

San Diego, United States

ads68

Melbourne, Australia

P

PetrusR

balmoral, Australia

E

erogers

Vancouver, Canada

M

Marod

Edmonton, Canada

M

marcmesich

Kaohsiung, Taiwan

W

wally

Torino, Italy

H

HobbyCollector

Beach City, United States

L

Lolababalola

Ames, United States

J

jumpfunky

Dortmund, Germany

P

Purplejeep

Moravia, United States

M

Mystery15

Winnipeg, Canada

M

martyb

United States

Matching Fund

Sterling, United States

F

financiali

United Kingdom

Paul Buchheit

Mountain View, United States

G

gerard

Netherlands

P

plhughes

United States

S

sarahb

United States

K

kennychit

United States

Jamal Hamou

Cascadia, Canada

B

Bennphoto

United Kingdom

C

cocolo

United States

ND

Nick DG

Exeter, United Kingdom

I

ident

Horsholm, Denmark

L

laurahjones

United States

P

pnrjulius

United States

Matthias Schulz

Berlin, Germany, Germany

Kyle Hoback

Omaha, United States

K

Kelly729

United States

UD

Ulf D

Frankfurt am Main, Germany

Peter R

Fulda, Germany

H

Hakon

Drammen, Norway

Glenn K

Victoria, Canada

KO

Kevin OBrien

Denver, CO USA, United States

E

erica

antwerpen, Belgium

Alex Graniere

Los Angeles, California, Cambodia

Max Lettenberger

Madison, WI, United States

KP

Kelly Partyke

United States

Kevin

San Francisco, United States

HS

Harry Shulman

United States

KD

Kent Don

United States

BS

Bruno Silva

United States

NH

N Holt

United States

JD

Jeff DePree

United States

Oliver Hasenberg

Iserlohn, Germany

George

Corvallis, Oregon, United States

S

Stein

Diest, Belgium

Marcus M

San Antonio, Texas, United States

ME

Manaal Eisa

Washington DC, United States

CNV

United States

PG

Paul Graham

United States

Christopher Hey

Sudbury, Canada

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

A

Anonymous

United States

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