Buying a bigger sewing machine formy tailoring shop

Alseba

Eldoret, Kenya

53% repaid

Entrepreneur

Name

Alseba

Member since

August 2015

On-time repayments

152 installments  •  34%

About Me

I am called Alseba Panyako.I live in Eldoret Mwwanzo estate .
I am married woman and Four Children Two boys and Two gilrs and all are in Primary School.
I went to Primary School between the year 1984 to the year 1989 at Alendu Primary School. .and I went to Alendu Secondary School between the year 1990 to the year 1994.
I started my own Business after I saved Money that I earned from my Casual job that I did for about five years.
What is unique in the land where I come from is that girls are not suppose to be educated or to do Business but they are suppose to be house wives.
All my Children want to become Business people when they grow up .
My unique hobby is to travel and discover new things in life and read new books to know many new things I had not known.

My Business

I provide tailoring services and dressmaking services .
They are important because every person want to put on new clothe or new dress.
And because this place is very cold every person try to buy a new clothe every time they get money.
I chose this kind of Business because I am an expert of the tailoring and dress making .
My typical cost and revenue are 6,000 KES.only.
I use my Profit I get in the Business as follows,
1. School fess for my kids =20,000 KES
2.Reinvestment in growing the Business =2,000 KES
3.Home improvement=3,000 KES
4.My old father s medicine 1,000 KES
5.Church activities =1,000 KES
I expect it to grow and grow in the near future.

Loan Proposal

When this loan amount is funded then I will be able to buy a bigger sewing machine for my tailoring shop at 250 US Dollars.
It will enable me to serve more customers than before with efficiency ,and many customers will be served well without delay in the work ,therefore it will a track more of them and as a result of that I will get more profit.

I hope when this loan amount is implemented then I expect this business to increase by 40% from now onward and more latter.
Thanks in advance for considering to fund me again for the second time and I will be faithful the way I was in my first loan .
God bless Zidisha team and lenders.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$251.00

Date disbursed

Apr 22, 2016

Repayment status

Late

Projected term

27 months

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Craig Newmark

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M

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