Clothes for christmas

Sarah

Juja, Highpoint, Kenya

42% repaid

Entrepreneur

Name

Sarah

Member since

March 2014

On-time repayments

297 installments  •  36%

About Me

I wish to pass my gratitude to the lenders who supported me with my previous loan which went a long way to boost '‘THE PAT’s BEAUTY CENTRE’. The business has expanded and we have contracted one more employee who is helping us with 'NAIL ART'. Besides stocking the beauty products, ‘THE PAT’s BEAUTY CENTRE’ have gone a ladder higher by introducing Nail Art services to our esteemed clients. We are doing the nail art at a subsidised rate for the Jomo Kenyatta University Students who form a base of clientelle.

My Business

I wish to thank the Zidisha team for their previous loan extended to me that I have just completed repaying. This amount helped us to boost our stock at the 'THE PAT’s BEAUTY CENTRE’. We are optimistic that given more loans by Zidisha community our business will prosper. We have a two years plan that we have laid down. At the end of the two years it is expected that THE PAT’s BEAUTY CENTRE’ will have expanded further.

Loan Proposal

I am in the process of starting an online business for selling clothes. I have already established a supplier in Kampala where I will be traveling once in a month to get the products. I have opted for online business as it has less expenses compared to having a physical shop which have given me challenges in the past. My aim is to open an online shop via face book page where i will be sending photo of the products that I have and update it regularly. I am intending to get my first stock as soon as I get the loan and also open the face book page immediately. The business budget is as follows: I request for a total of USD405,458 which the break down is as follows: Transport to and from Kampala (USD48.4557), accommodation (USD29.0734), Male shirts (USD96.9114), dresses (USD96.9114) and kids clothes (USD134.106). I am planning to carry out vigorous advertisement on facebook and also build rapport with the supplier in Kampala to reduce the physical trips and be receiving the stock via the buses that travel from Nairobi to Kampala. In this way, my profit margin will increase as the transport costs will be done away with. The profit will go a long way to pay my University fee to enable me finish my degree course. I wish to thank lenders who have lend money to be previously and look forward to getting my loan funded soonest. Thank you.

Show original English  

About Me

I am a lady aged 32. I live in Juja town, 40 KM from the Kenyan capital Nairobi. I have a permanent job in one the Kenyan Private University. I wish to thank Zidisha for giving me my first loan which I used to boost my beauty products business. I have been able to increase stock at the ‘THE PAT’s BEAUTY CENTRE’. Currently we are selling earrings, bracelets, hair buds, necklaces, hair extensions, hand and body lotions, perfumes, nail polish among other beauty products. I am determined to see ‘THE PAT’s BEAUTY CENTRE’ blossom to greater heights in future. I have also enrolled for short course at Jomo Kenyatta University. The course title is ‘ENTREPRENUERSHIP’. This course will go a long way to polish my business management skills and also help realize my dream of opening a beauty products supermarket in Juja town.

My Business

At ‘THE PAT’s BEAUTY CENTRE’ (The business name) our motto is ‘VARIETY with QUALITY’. As the business blossoms, we are still increasing stock using our net profit which is currently at 92USD after paying USD33 rent, 5USD electricity bill and 22USD transport. I will commit to pay the loan with part of the net profit and use the remaining to plough it back to the business. The business has been in operation since December 2013 and the trend of profits has been encouraging. It is our sincere hope that if given consecutive loans offered at Zidisha, we shall be able to achieve our motto. As the business progresses, we are hoping to expand more and eventually open a beauty products supermarket in Juja town which will be one of its kind in the locality. ‘The Pats Beauty Centre’ aims at being a supermarket of ot its kind taking care of the modern woman by providing her with ‘classy complementary looks’ and outfits
The beauty market among women is a venture that is long term as women continue having the urge to look good and more presentable. A well dressed lady can only complement this with her jewelry which we offer at THE PAT’s BEAUTY CENTRE.

Loan Proposal

I am in the process of starting an online business for selling clothes. I have already established a supplier in Kampala where I will be traveling once in a month to get the products. I have opted for online business as it has less expenses compared to having a physical shop which have given me challenges in the past. My aim is to open an online shop via face book page where i will be sending photo of the products that I have and update it regularly. I am intending to get my first stock as soon as I get the loan and also open the face book page immediately. The business budget is as follows: I request for a total of USD405,458 which the break down is as follows: Transport to and from Kampala (USD48.4557), accommodation (USD29.0734), Male shirts (USD96.9114), dresses (USD96.9114) and kids clothes (USD134.106). I am planning to carry out vigorous advertisement on facebook and also build rapport with the supplier in Kampala to reduce the physical trips and be receiving the stock via the buses that travel from Nairobi to Kampala. In this way, my profit margin will increase as the transport costs will be done away with. The profit will go a long way to pay my University fee to enable me finish my degree course. I wish to thank lenders who have lend money to be previously and look forward to getting my loan funded soonest. Thank you.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$422.00

Date disbursed

Oct 23, 2016

Repayment status

Late

Projected term

52 months

Lenders

Paul Buchheit

Mountain View, United States

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  • Sarah    Feb 9, 2019

    Currently I have no source of income but the willingness to pay the loan is still there

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  • Sarah    Nov 5, 2018

    I am going through a difficult time financially

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  • Sarah    Jul 10, 2017

    my business went down. I no longer earn from the business

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  • Eric    Apr 10, 2017

    His stock got stolen but promised to pay

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  • Sarah    Jan 24, 2017

    My business consignment got stolen thus I have no stock at the moment. I am struggling to pay the loan from my pocket.

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  • Eric    Dec 14, 2016

    HIS BUSINESS NOT OPERATING FULL BUT PROMISED TO SETTLE.

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  • Eric    Dec 5, 2016

    Sarah promised to pay.

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  • Sarah    Nov 24, 2016

    I have not yet received my stock thus I am struggling to pay out of my pocket since I am not selling anything at the moment. My stock will come in by 15th of December 2016 after which I may be able to adjust my figure back to the original one.

    Thank you

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  • Sarah    Oct 22, 2016

    Thank you very much for lending me the loan. It will help me start the sale of clothes and help me pay my University fee. Thank you very much

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  • Sarah    Oct 21, 2016

    Thank you for lenders who have granted me loans previously. I am honoured

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  • Sarah    Jul 27, 2015

    My detergent business has not been doing well and I was forced to close down my beauty palour that I was operating near JKUAT due to personal reasons.

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  • Sarah    Jun 12, 2015

    My business has not picked yet. thus am repaying the loan from my regular salary which is committed to overwhelming expenditure.

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  • Sarah    May 26, 2015

    I wish to take this opportunity to thank all lenders who lend me their money. I am optimistic that the loan will go a long way into boosting my business.

    thank you

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  • Sarah    May 19, 2015

    I wish to take this opportunity to thank lenders for offering me yet another loan. Thank you very much

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  • Sarah    Apr 30, 2015

    Dear lenders,

    I wish to take this opportunity to thank you for lending me the loan I have just completed. I had embarked on water melon farming, however, due to the dry spells the country has been experiencing, the fruits did not do very well. However, my initial project of beauty products is still on and I hereby want to engage in a new business. Thank you very much for your continued support.

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  • Sarah    Apr 7, 2015

    I wish to take this opportunity to thank lenders who lend me the money. My new project of water melon farming is not doing well as expected because the weather has been very dry in Mwingi for the last 3 months but rains have started coming up and therefore I hope for the best.

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  • Sarah    Jan 17, 2015

    I wish to thank lenders at zidisha who have lending me loans since I joined zidisha. I wish to appreciate the growth I have experienced in my life through the small business that I started. The business has enabled me to even enroll for a degree course which I pay through the proceeds of the business and savings from my routine job salary. Thank n thank you once more.

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  • Richard Griebe    Aug 22, 2014

    Hi Sarah,
    You have proven yourself to be a reliable borrower and therefore I will be the first person to offer to lend on your new request. Your hard work pays off and i enjoy watching and helping hard-working people like you to succeed.

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    • Sarah    Aug 26, 2014

      Thank you so much Griebe, I appreciate

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    • Sarah    Sep 6, 2014

      Hi Griebe, I appreciate your funding to my laon. I have posted it again because it was not fully funded, I really appreciated your support and hope this time it will be fully funded. Thank you very much

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  • Sarah    Jul 18, 2014

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