Purchase stock for my secondhand clothing business

Martha Namachanja Wafula

Eldoret ,kamukunji, Kenya

100% repaid

Entrepreneur

Name

Martha Namachanja Wafula

Member since

February 2015

On-time repayments

220 installments  •  90%

About Me

My names are Martha Namchanja Wafula. I am 44 years old and was born in the western region of Kenya and went to primary school at Miendo Primary School in Bungoma from 1979-1986. I went to secondary school at the Cheboi SA Secondary School from 1987-1990. I am married and my husband's name is called Michael Baraza. God has blessed us with 4 children, two girls and boys. The first two are a girl and a boy, aged 20 years and 17 years, respectively, and both finished high school, while the last two are also a girl and a boy but twins. They are 11 years old.

My Business

My business is called Faith Mitumba. This is dealing with the selling of secondhand clothes. This business I started two years ago with a capital of 20,000 KSH.

I am mobile: I move from one market to another, every market days of different markets. This kind of business is in great demand because this region is very cold; therefore, people like to have many clothes as possible and change them quite often.

I chose this business because it is easy to sell in an open market, and almost everywhere there are people who want to buy and have the warmth from them. My typical revenue is 12,000 KSH and the cost is only 3,000 KSH per month.

My profit I use in school fees as follows:
1. my girl, 3,000 KSH per month
2. my boy, 4,000 KSH per month
3. re-investment, 2,000 KSH per month
4. home improvement, 3,000 KSH per month

Loan Proposal

If given this loan of 100 dollars, I will add to my stock with 80 dollars and the remaining 20 dollars I will use for transportation.

This will attract more customers to my stall, for all kind of designs they are looking for they will get from my stall, and this will also create confidence on my family members, for we shall have what is enough to cater for our financial need.

I expect my profit to increase by 25,000 KSH, that is, about 250 dollars by the end of the month.

If given this money I promise to be faithful in paying back to the Zidisha lenders just the following of receiving the money.

Thanks so much hope to be funded by Zidisha lenders.
God bless Zidisha. Yours, Martha Wafula.

Show original English  

About Me

My names are Martha Namchanja Wafula .Iam 44 years old and was born in Western region of Kenya and went to primary school -Miendo primary school in Bungoma 1979-1986 the Cheboi SA Secondary school in 1987-1990.Am married and my husbands name is called Michael Baraza.God has blessed us with 4 children two girls and boys.The first two are a girl and a boy aged 20years and 17 years respectively both finished high school while the last two also a girl and a boy but twins. They are 11 years old.

My Business

My business is called Faith Mitumba this is dealing with the selling of second clothes..This Business I started two years a go with a capital of 20,000.
I am mobile I move from one market to another .Every market days of different markets. This kind of Business is in great demand because this region is very cold therefore people like to have many clothes as possible and change the quite often.

....I chose this Business because it is easy to sell in an open market and almost everywhere there are people who wan to buy and have the warmth from them.
........My typical cost is 12,000 and the revenue is only 3000 per month.
My profit I use in school fees as follows
1.my Girl 3000 per month
2.my Boy 4000 per month
3.2000 for re investment
4..3000 for home improvement ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................

Loan Proposal

If given this loan of 100 dollars ,I will add my stock with 80 dollars and the remaining 20 dollars I use in transportation.
This will attract more customers in my stall ,for all kind of designs they are looking for they will get from my stall,and this will also create confidence on my family members for we shall have what is enough to carter for our financial need.
I expect my profit to increase by 25,000 that is a bout 250 dollars by the end of the month.

If given this money I promise to be faithful in paying back the to the Zidisha lenders just the following of receiving the money .

Thanks so much hope to be funded by Zidisha lenders.
God bless Zidisha. Yours Martha Wafula.

Feedback

3

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.27

Date disbursed

Jun 2, 2015

Repayment status

On Time

Projected term

4 months

Cost to entrepreneur

Service fee: $3.95

Martha Namachanja opted to pay $24.91 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

C

Christian

Saarbruecken, Germany

COOPITALIST

Toronto, Canada

F

FHult

Stockholm, Sweden

Zidisha

Sterling, United States

H

hwwijono

Jakarta, Indonesia

H

hanh352

Homosassa, United States

Jonas Sweep

Utrecht, Netherlands

E

erogers

Vancouver, Canada

ksherwin

West Lake Hills, United States

A

Andrii

Kiev, Ukraine

C

cocokathy

Brisbane, Australia

U

urtica

Moscow, United States

D

Dutch_lender

Leiderdorp, Netherlands

M

Mystery15

Winnipeg, Canada

mygueye

Montreal, Canada

M

martyb

United States

Justin

Connecticut, United States

J

JeffH

United States

Paul Buchheit

Mountain View, United States

M

mevans24

United States

P

plhughes

United States

R

raulf

Germany

I

ident

Horsholm, Denmark

R

ross22

United States

K

Kelly729

United States

Becky Thompson

Leeds, United Kingdom

AA

Adam Atlas

Montreal, QC, Canada, Canada

PR

peter reibold

United States

Kate Courteau

United States

E

erica

antwerpen, Belgium

M

mohamed

South Africa

WL

Wil Lazo

United States

LM

Leonardo Monteiro

Oporto Portugal, Portugal

RM

Robert Mulley

United States

NW

Nelson Wong

United States

L

Lachlan

Australia

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

Loading...

Loading...

Loading...