Buy clothes, beads and baskets to making items to sell

Catherine

Nyeri, Kenya

100% repaid

Entrepreneur

Name

Catherine

Member since

August 2016

On-time repayments

58 installments  •  24%

About Me

I grew up and schooled in Nyeri. After high school I went to college where I studied tailoring and dress making then got married and had five children. My husband later passed on and currently I live with my five children. I dream of a much better future where I will have a prosperous business, be economically stable and purchase a house of my own. Before I started my current business of bead works and basketry, I used to sell clothes in different towns but had to stop due to asthma which made it difficult for me to travel.

My Business

My business deals in bead works and basketry. I make and sell beaded baskets and trays as well as necklaces, earrings, finger rings and key holders. I also sell Kikoi clothes, Kitenge clothes as well as kanga clothes (wrappers) and sandals. I entered into business in order to be able to provide for my family needs after the death of my husband. My biggest challenge is where I can get more money to improve my business. Most of my customers are gift shops which buy my products on order. However, I also sell at retail prices to individuals. I hope to expand this business in future and start selling to customers outside Kenya.

Loan Proposal

Given the loan with my little savings I will buy kikoi clothes, beads, baskets and kanga clothes. Kikoi will cost ksh 700, beads ksh 700, baskets ksh 1000 and kanga clothes ksh 1000. The purchases will increase my stock and improve on my sales and profit. This will make the business stable and enable me to be able to meet my basic needs such as more and better food for my family.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$43.00

Date disbursed

Sep 2, 2016

Repayment status

On Time

Projected term

2 months

Lenders

A

Anonymous

United States

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

Loading...

Loading...

Loading...