Buying of cloth sewing materials

Chrisantus

Githurai 45, Kenya

49% repaid

Entrepreneur

Name

Chrisantus

Member since

April 2015

On-time repayments

38 installments  •  61%

About Me

My name is Chrisantus Omariba Orina 40 years old from Kenya I reside in Githurai Kimbo,Nairobi ,County in Kenya. Iam married with 3 children. The first born is in class one and the last born is still under home care aged 1 years and four months old.
I got my primary education in Kisii Kenya and latter joined Nyamira polytecnic with a craft course in Sewing and dress making
My parents were not well established financially but by Gods grace I was able to finish my education for I was sponsored by well wishers.
After school wasn’t able to get a job ,so, I begun selling selling second and new home items, being focused and working hard diligently to raise money to open up wholesale shop. But dint make it, since the burden to cater for the family needs was to demanding and taking lot of the profits I made from the business.
am in the business of cloth making which has been a sour of living for my family.
the future plan is to expand into other towns

My Business

From selling used and new goods to sewing and dress making and clothes by faith I now employ one trained tailors have two sewing machines . The business has been doing well , the demand for sweaters is so demanding, also during school opening months the demand for school uniforms boost my business. I am able to buy my raw material from manufactures in bulk and getting huge bargain hence make good profit when selling the finished products to the end users.
The customers flock daily into my business due to the creativity of my clothes plus the personal relationship I have with them, even the price I charge them is so affordable that is not comparable from my competitors .my earnings from the business I used to pay for the business expenses, pay my children school fees, house bills and save extra to expand my business.
with alot of stock and sales motivation,the business can thrive and grow tremendously well

Loan Proposal

I expect to make good profit since we are starting anew school term by start of the year 2016.At the moment am receiving quite a number of new orders of school uniforms from parents.The money will be used more specifically to buy more sewing materials for the preparations to the festive season and Christmas.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$96.00

Date disbursed

Dec 14, 2015

Repayment status

Late

Projected term

4 months

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  • Paul    Apr 28, 2016

    Dear Lenders,
    I have contacted Chrisantus regarding his missed repayments of his loan. He has idicated to me that business has been low but now things are slowing normalizing and he will continue to make repayments before the end of this week.

    Regards,
    Paul Mutie
    Volunteer Moentor

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  • Chrisantus    Dec 13, 2015

    Thank you my lenders for the support and promise to uterize the money well on the intended purpose

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  • Chrisantus    Dec 1, 2015

    I managed to repay my first loan comfortably well as my sales were good,especially at the end of schooling season,
    I managed to get good returns and my stock grew by 20% and the net returns grew by 10%,I thank my lenders and promise them that i will work hard to make good use of their funds

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  • Chrisantus    Nov 21, 2015

    I am happy with the credit which was advanced to me.I successfully uterized the money well and i was able to clear my loan on time without any problem.My sales have been good and I BELIEVE MY NEXT LOAN WILL BE A BOOST,
    THANKS MY LENDERS

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  • Elijah    Jul 14, 2015

    Chrisantus,

    I see your loan has expired,

    Please post it again and be keen to check and accept before expiring.

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