Buy a chewing machine to meet demand of my customers

Paul

Ndunyu Njeru, Kenya

45% repaid

Entrepreneur

Name

Paul

Member since

May 2015

On-time repayments

6 installments  •  17%

About Me

My name is Paul Mukundi . I was born and brought up in Ndunyu Njeru. Life was not all easy . I started my schooling in Ndunyu Njeru Primary School in the year 1999. God was so faithful to me despite the great challenges that I encountered on my way He so me through. I was not in a position to continue with my studies to secondary school as there finantial condition of my parents was not good at all .Therefore I was forced to terminate my studies immediately after the completion of my class eight .Stephen Mungai my elder step brother was in form two by the time I cleared my class eight I opted that he would continue with schooling since if I would have been enrolled in form one , the economic situation of our family then would have led to both of as stopping our schooling at a point . Sharing this story in a public domain
,gives me a very painful feeling as I remember The childhood experiences. However this did not deter me from working tremendiously hard in every other chance that I got . I started with jua kali work employed on wages and salaries at times which were not suitable at all. I thank GOD because as I currently write my situation and that of our family is not the same again. though I have not been in a position to continue with my studies which is my big dream, I have archieved a little as I started a boutique where I sell clothes and shoes for both gender.

My Business

I started my business three years ago and God have been very faithful. Since I started the business I have been in position to support my family and even that of my step brother Stephen whom I mentionend earlier though our father divorced them. I greately love them and its my prayer that we will be reunited one day. I believe when we shall be finantially stable I will continue with my learning. As you see in my facebook account I indicate that I have studied to university level as I am much optimistic I will reach there like my step brother one day.
Given the loan I shall buy a tailoring machine worth 95dollars. This machine will help me add the services to my customers . I target to raise my profits by 47dollars every month from services once I introduce the tailoring services. My profits will help me continue supporting the family to its finantial stability, increase stock and save for my furtherin of studies. I am much optimistic you are going to fund me .

Loan Proposal

Dear lenders being in the experience of selling clothes for the last over three years , I received interest of tailoring new models of clothes .I went to a tailoring school where I learn the course . I am optimistic that when I am funded I will buy a machine that will help me add my stock by kneating new and ready clothes that meets my customers demands. The machine will be for about 95 dollars I will add the remaining amount to the amount I receive and purchase the machine. This machine will add my monthly profits by 37dollars. the profits shall be used to repay my loan as well as increasing stock , family support and saving for my further learning .

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 2, 2016

Repayment status

Late

Projected term

6 weeks

Lenders

F

flaguy999

Tampa, United States

dlpringle

Denver, United States

C

Crainster

Chapel Hill, United States

Dave Bogard

New York, United States

MW

Matt Willis

United States

W

Wade

United States

NH

N Holt

United States

Wayne G

United States

SB

Sue Bucholz

Sacramento, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Stephen    May 8, 2016

    Dear lenders Paul informed me he had a problem with his account I asked him to write to zidisha team. I will communicate once he confirms to me he wrote and received assistance.thank you for your patience.

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  • Stephen    Mar 13, 2016

    dear lenders Paul promised to update his repayment soon.he had financial constrains

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  • Stephen    Feb 9, 2016

    Dear lenders I communicated with Paul .He have been undergoing financial constrains and he promised to adjust his repayment schedule and make repayment soonest.

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  • Paul    Jan 1, 2016

    Dear lenders I am very grateful my loan now is fully funded and I am waiting for the disbursement. Stephen I am very grateful for introducing me to zidisha God bless you. Happy new year.

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  • Paul    Dec 26, 2015

    part of my designer jackets

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  • Paul    Dec 26, 2015

    Dear lenders I am grateful for being part of the zidisha family. I am optimistic you are going to fund my project.

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