Buy a modern knitting machine for my sweater production

Elzabeth

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Elzabeth

Member since

October 2011

On-time repayments

205 installments  •  81%

About Me

My name is Elizabeth Wambui and I have disability of not able to walk well but I thank God because I am able to walk using a walking stick. Also thank God because I am able to work to earn a living. I Live at Maili Kumi Center in a rented house and it is in a plot known as Mama Mwaura’s plot just along the Nakuru/Nyahururu road, shortly after Maili Kumi Stage on the way to Bahati,and it is opposite the big tent of The Church of Kings Outreach (The Alter). I come from Banita, that is where my parent lives. I grew up at place called Banita which is in Nakuru County where i went to school. After school i went was taken to a trainning to do kn eating this was after i long struggle because in our society people to do not belief that a disabled person can be able to stand alone and be able to work. Then after the training i started a business. M y hobby is charting and listing to music.

My Business

I have a business of knitting sweaters, where I make sweaters for the young and grownups all together my business is located at Maili Kumi Centre at Bahati. I usually get orders for school going children (uniforms).from this business Iam able to pay my personal bills like paying house rent, pay the rent of shop where my business is situated and other personal needs I also help my parents if need be. From the business I get about 70000 annually.
I do kneat sweaters and sell them. The sweaters are the warmth during the cold season and also as school uniforms. i choose this business because i have done the training to kneat the sweater and also due to my condition i can only do such a work. The typicall cost is about 70,000 kes . I use the the amount by reinvestment in growing the business and home improvements .

Loan Proposal

I would like to buy a modern kn eating machine which will cost 30,000 kes i will have to add some money from the pocket to be able to top up the remaining amount . This will benefit the others by kn eating modern sweater which is heavy and have warmth. I expect to double the business profit from the previous profit at about 50%

Feedback

12

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Loan Info

Project Type

Classic Loan

Disbursed amount

$333.00

Date disbursed

Apr 21, 2015

Repayment status

On Time

Projected term

18 months

Lenders

C

Christian

Saarbruecken, Germany

Hope2012

United Kingdom

evinpa

United States

J

jzidi

Los Angeles, United States

M

marcelitohb

Bremen, Germany

Maxey

Amstelveen, Netherlands

Hedwich

Gorssel, Netherlands

Jeroen Decock

Gent, Belgium

A

A

United States

F

Florian

Munich, Germany

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