Inventory of clothing for sale
Elizabeth Gitau
Ruiru, Kiambu County, Kenya
56% repaid
Entrepreneur
Name
Elizabeth Gitau
Member since
July 2014
On-time repayments
268 installments • 67%
About Me
I am a hardworking lady who loves her family and loves doing business. I believe that business is very important in the growth of every country. Additionally the more people are in business, the lower the unemployment rate becomes. I thank God for Zidisha which is a great platform for budding business people.
My Business
I started my business about three years ago with an initial capital of Ksh150,000 ($1726) it entails reselling of both men‘s underwear and socks as well as women‘s underwear .The business accrues a monthly income of Ksh25,000 ($288) in sales and a net profit of about Ksh9,000 ($104).My monthly expenses include rent for the business premises and salary for my one employee all totaling to Ksh15,000 ($173) .My business projections for the coming years is to expand it to a larger one with huge variants of products to counter the costs I encounter. I want to also want to create more jobs to the community around by employing a few more personnel.
Loan Proposal
Hey I've been a member since 2014,and my journey with Zidisha has been a beautiful journey, I joined Zidisha when I was so desperate running a business with no enough capital and that was my only source of income, then one day as I was going about with my facebooking I saw in a friend's post Walter Akolo talking about Zidisha how one can get a a loan that will help them with their business and on top of that he said it has no interest,this attracted my attention n i joined through him by giving him my email address he sent me an invite,i started low with a small amount and the loan going up slowly by slowly ,with Zidisha I've achieved alot I've been able to open different businesses n employing some few fellow Kenyans iam able to feed my household n pay school fees for my two kids, n educating my niece who's Now in senior 3,iam so grateful,iam applying for another loan because I still want to have my stocks in my business not to be beat by my competitors,i always visit childrens homes n help with clothes food I really need to do more n i shall by having a stable income myself,God blesses me to bless others,iam grateful for all the lenders who have great soul of helping n this platform,the Zidisha staffs n the whole team, looking forward to great moment around
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Loan Info
Project Type
Classic Loan
Disbursed amount
$2,155.61
Date disbursed
May 26, 2017
Repayment status
Late
Projected term
45 months
Cost to entrepreneur
Service fee: $85.33
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