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Joan

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Joan

Member since

September 2017

On-time repayments

20 installments  •  55%

About Me

Hello, my name is Joan I have a degree in international relations and diplomacy but business is my passion. my brand is called JoHeartYarns and I produce handmade crochet swimwear and outfits. I save my profits out of the business to enable me expand my business. I'm 25.years and passionate about community development.. currently I'm training women on economic empowerment using their talents. my business started as a hobby, which turned into business. I have had challenges sometimes in business, but the best part is my passion and desire to build an empire for my business motivates me. I'm happy to be on zidisha , I'm sure it's the best platform for me to grow

My Business

my business focuses on producing handmade swimwear using yarns and hooks of different varieties. I started it in 2015 and I sell my products online.. I generate around 40 thousand Kenya shillings .I need to expand my production process by getting more labor and opening a workshop

Loan Proposal

The main reason I'm taking this loan is to grow my loan limit, I am planning to set up a crochet production workshop which requires large amount of capital, and it's wise for me to grow my loan limit. However the cash I will get now I'll use to buy yarns to produce bikinis. A ball of yarn goes for $1 , therefore I will get 3 balls of yarn which will help me produce 2 bikinis, I'll sell each bikini at $14 which totals to $28 for the two bikinis. I will use the profit made to repay my loan and save up the other remaining profit to help me open a workshop. I'm happy to be associated with zidisha, I'm happy you are my business partner

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$4.00

Date disbursed

Nov 10, 2017

Repayment status

On Time

Projected term

4 weeks

Lenders

Paul Buchheit

Mountain View, United States

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