Stock of fabrics for traditional clothing

Hellen

Kisumu, Kenya

42% repaid

Entrepreneur

Name

Hellen

Member since

May 2014

On-time repayments

90 installments  •  70%

About Me

Am Hellon Ogola. Married with a daughter currently in High school form one and studying in Mbaga girls secondary school. we live in nyawitta of kisumu county around mama Leah hospital. I am a business lady who seek to build a bright future for my family.

I am dealing in clothes business. I sell both new and second hand clothes. For the last 3 years I have been doing this kind of business. I have been doing it with a relative so from last year I started doing my own and now am trying to be a stand alone entrepreneur.

I purchase new and second hand material and make suits and female wears from them. They are very unique since the materials I use are not so common in the market.
I specifically deal more in women and men african wears. vitenges and lessos.

I thank God for this much He has brought me since I have managed to secure a market stall in the Busy Kibuye market of Kisumu County. What I need most is that income to go for more material to stock so that my customers will choose from what I have on the shelves. Majority of stock is bought in Kampala and Sirare thus this loan will help me in bringing out this material for my customers

My Business

Clothes and Boutique is my line of business. I belong to a church group and Christian community majority of whom purchase their wears from me stand alone entrepreneur. this is why I am struggling to be self reliant so that I keep the promises I give to my customers being my own manager for my shop.

I also stock and sell mosquito nets. I buy nets at wholesale and sell to my customers. sometimes I do door to door sale. they have a minimal profit margin but if i get then in large quantities then they can be sustainable.
I have currently moved my business to Kibuye market and have realized a need to more stock like bags, new imported wears like skirt suits, vitenges and lessos for women.

This demand comes from customers who pop in to inquire for these products and I keep on disappointing them since my capital is low. I have also managed to secure an over-lock machine from my cousin. This will make more tailors visit my shop for over-lock services exposing my other products for sale to them.

I believe this loan will go along way into helping me build more stock thus satisfying my daily customers and even give me an opportunity to go for big orders like making for choirs and Small christian groups / communities their uniforms.

This loan is my start to being a great entrepreneur. I thank zidisha team so much for this platform

Loan Proposal

Stock is what a good business requires. My business requires goods stock so that I reduce alot of the business Deposits I charge customers which sometimes turns them away.
I intend to buy stock for:
Baarzar materials
Kitenges
Linen rolls and various items for my business

this will help concentrate on the selling and taking large orders with more profits.
i undertake to repay the loan in good time as per my repayment proposal

Feedback

3

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$401.00

Date disbursed

Jul 1, 2015

Repayment status

Late

Projected term

9 months

Lenders

C

Christian

Saarbruecken, Germany

investor

Candiac, Canada

torelizer

Reggio Emilia, Italy

mbunifu

San Jose, United States

DeanDropshot

Oslo, Norway

R

rcmssr

Woodbury, United States

Zidisha

Sterling, United States

sebastienrosa

Quebec, Canada

C

cjmenchaca

Austin, United States

BJ

Brandon Joz

North Carolina, United States

B

briansedz

Canton, Ohio, United States

beverly

Vancouver, Canada

T

tmsaddress

Orlando, Florida, United States

Cloudways

Malta, Malta

IA

Ismini and Jerry

Stamford, USA, United States

birtom

Ettlingen, Germany

Jalene

Redmond, Oregon, United States

T

Tui1974

nuenen, Netherlands

O

ochunshoney

charlotte, United States

fairspirit

Utrecht, Netherlands

C

collins75

Hawthorn, Australia

Muslim

Riyadh, Saudi Arabia

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Zal0m0n

Atlantis!!!! x), Mauritania

gseletko

South Perth, Australia

dmirpuri

Bangkok, Thailand

B

BMcDermott

Washington, DC, United States

D

doroncoh

Tel Aviv, Israel

E

E

Marin county, United States

C

Clben7

Cincinnati, United States

Evan Lamos

Brussels, Belgium

A

akshu71

Ottawa, Canada

G

GanSatya

United States

Z

zvrk2014

Brookline, MA, United States

Matching Fund

Sterling, United States

araidia

United States

J

Jonas

Linköping, Sweden

D

DandS

United States

J

jdallatezza

United States

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

L

luckiestmonkey

United States

Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

T

Tim47

United States

SV

sven vdk

Twickenham, United Kingdom

M

M.Umar

Pakistan

A

adamdreaming

United States

M Jordan

United States

I

ipartola

United States

Kyle Hoback

Omaha, United States

R

ross22

United States

E

Ejackson

United States

A

andreab

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Dave Bogard

New York, United States

TM

Theo Mbise

Switzerland

Gerald Sporbert

Chemnitz, Germany

K

Katie

Australia

E

erica

antwerpen, Belgium

Max Lettenberger

Madison, WI, United States

MG

Meron Gribetz

United States

Sam

Earth, United States

JD

Jeff DePree

United States

M

Mart

United Kingdom

Mark Grey

Redding, CT, United States

MC

Marie Corey

United States

Egor

Kiev, Ukraine

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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

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  • Hellen    Jul 3, 2015

    I thank you soo much my lenders. I have received my loan and has started the process of doing my purchases and restocking my shop. i also intend to do minor repairs in my shop. thank you so much and may Go bless all of you

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  • Franmiguel    Jun 30, 2015

    Hi Hellen,
    Well I did not even get a chance to help with this loan!
    I am so happy to see it funded for you so quickly.
    Until your next loan...
    Keep up the good work.
    Michael

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  • Hellen    Jun 30, 2015

    Thank you soo much my sincere lenders for believing in me and entrusting me with your funds.
    I promise to use the funds prudently to purchase stock for my shop and ensure my repayment is up to date.

    I will purchase stock for my shop. including:
    Vitenges, Baarzar and linet suitings for my customers and invest afew shillings to renovate my equipments like my design tables and make a broken window of my shop. Thank you soo very much and May God Bless you.

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  • Hellen    Jun 28, 2015

    thank you soo much my lenders. my last loan was of great help since it helped me build my business stock for the festive seasons. it was a loan that has brought in massive success in line with my business.

    I thnk you so much for letting me boost my business to this level

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    • Franmiguel    Jun 28, 2015

      Hi Hellen,
      Thanks for being such a great borrower.
      I am so happy to hear that the loan has benefited your business.
      All the best in the future.
      Michael

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  • Hellen    Mar 27, 2015

    Thank you soo much my lenders. Business has been down after Christmas but am happy its picking up once more.
    I believe this Easter festivities closing in things will be upbeat again.
    I thank you for trusting me with your money and promise to always repay on time.
    Regards.

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    • Franmiguel    Mar 27, 2015

      Hi Hellen,
      Thanks for keeping us informed.
      I hope business picks up for you soon.
      All the best
      Michael

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  • Franmiguel    Feb 26, 2015

    Hi Hellen,
    Great to see that you are doing well and always repaying on time.
    In fact, if I could make a recommendation...
    If you are finding it easy to make the current repayments, you might want to consider rescheduling to pay the loan off early.
    That way you could save interest!!! Which is always a good business decision.
    All the best
    Michael.

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  • Franmiguel    Dec 26, 2014

    Hi Hellen,
    Happy Holiday Season to you.
    I hope you and your business have a great 2015.
    Regards
    Michael

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  • howard    Nov 20, 2014

    Thank you, Hellen, for your perfect repayments.

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  • SeeMeeFi    Jul 1, 2014

    Hi Hellen,
    I hope this loan helps you increase your stock and your business! You have a vision for your future- I wish you all the best!

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    • Hellen    Jul 2, 2014

      Thank you so much for believing in me. thanks again even for supporting me. I undertake to work hard and never to disappoint you.

      regards
      Hellen

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  • Winona    Jun 30, 2014

    I wish you the very best in your growing business, Hellen. I look forward to supporting your next loan as well. I am especially thankful for your stock of mosquito nets and hope you increase it as well as you clothing materials. Keep up the spirit of growing your business! Sincerely, Winona

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    • Hellen    Jul 2, 2014

      Hi Winona.
      Thanks so much for your encouragement and believing in me. My motto has always been to work hard and change for the better the life of my family especially my daughter.

      I want to work extra hard to complete this loan and take a 2nd one. Thanks for your continued support.

      I will increase the stock of mosquito nets. as earlier indicated

      Regards
      Helleno

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