Clear balance for a new sewing machine

Karen

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Karen

Member since

March 2014

On-time repayments

43 installments  •  58%

About Me

I joined zidisha more than 8 yrs ago. Helped me buy my first sewing machine. I opened a shop and was doing well but closed it when very cheap ready made clothes became a choice for many of my customers. Moved to Tanzania to do the same design work then came back to Kenya, started online cosmetics shop and I've never looked back. Opened a shop that is making me well over USD 50000 a month and also opened a nails parlour that makes decent money. I have employed 5 employees so far and doing well

My Business

Opened a cosmetics shop that is making me well over USD 50000 a month and also opened a nails parlour that makes decent money. I have employed 5 employees so far and doing well. I am looking for a loan to expand my business. I want to import products directly from wholesalers in China and USA which are way cheaper than buying from wholesalers here in Kenya. They sell in thousands of pieces and requires capital. That's what I'm looking for the loan for

Loan Proposal

The loan given will be used to clear the balance for new machine. I have an assistant now and would like her to use the machine. Profit will increase as I will be having two machines and someone to help me. Please fund my loan thanks.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$49.00

Date disbursed

Feb 23, 2015

Repayment status

On Time

Projected term

6 months

Lenders

P

Philippe

Adliswil, Switzerland

Martin

Manama, Bahrain

F

flaguy999

Tampa, United States

mepster

San Francisco, Ca, United States

TM

Theo Mbise

Switzerland

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