Clothes, printer and copier for my business

Alice

Githurai45, Kenya

100% repaid

Entrepreneur

Name

Alice

Member since

August 2015

On-time repayments

149 installments  •  94%

About Me

I am a first born in a family of three. At the age of five, my parents handed me over to my dad's twin brother whose wife could not not bear him any children. My life was sweet until my uncle decided to remarry six years later. Life became so miserable, I went to school hungry, slept hungry, dropped in performance and finally got withdrawn. I managed, however, to sit for my KCPE and got good grades to proceed to secondary school and later to college. However this experience gave me a sense of independence. Today, together with two other friends, we have embarked on assisting kids with special needs in my home village primary school. I feel this is one way of giving back to the community.

I am married and a mother of two kids, one a sixteen year old girl who aspires to be a marine pilot. She is in form four. I pray for her dream to come true. My seven year old son is still young to fully know what he would like to be, but he has a liking of what his dad does in the construction industry.

My Business

After a stint in employment, I decided to have a hand in business. I started with a welding workshop but it being male dominated and with no prior knowledge, it became very challenging. I therefore decided to open up a business in which I would have full control and therefore I opened a boutique five years ago.

I deal with ladies' and children's wear as this does well all season. Women are impulse buyers, and will always squeeze a coin when they see something they feel is pleasing to them. Women, too, like to shop for their kids. Kids outgrow their clothes fast, hence they need to replenish their wears.

My main costs are on stock, rent, licences, electricity and transport. However, the sales are enough to sustain the expenses, replenish stock and do some savings that have seen me improve on my house and save some money for any eventualities. Luckily, my husband too supports me in some projects so I don't have to over-commit my business.

Loan Proposal

First, I wish to thank Zidisha for their continued support. Am grateful.

If granted a new loan facility I wish to add on stock for my boutique as this is my prime business. I want to add on kids clothing worth 170 dollars. This will boost my sales thereby giving me a profit of 100 dollars per week. With the increased sales and profits I will be able to pay for an accounting course for my daughter as she awaits to join university in September. I will also contribute to the purchase of inner wears for the special unit kids which together with my friends we support.

Secondly I want to purchase a printer for my computer which is worth 140 dollars and a photo copier worth 150 dollar. These two machines will ease my documentation work as I will be able to do all the work from a central room. Also my future projection is to have a cyber café alongside my boutique business.

It's my prayer that Zidisha will fund my business now and in future. Thanks.

Show original English  

About Me

Iam a first born in a family of three. At the age of five my parents handed me over to my dad twin brother whose wife could not not bear him any children. My life was sweet until when my uncle decided to remarry six years latter. Life became so miserable, I went to school hungry, slept hungry, dropped in performance and finally got withdrawn. I however managed to sit for my KCPE and got good grades to proceed to secondary school and latter to college. However this experience gave me a sense of indepedence. Today, together with two other friends we have embarked into assisting kids with special needs in my home village primary school. I feel this is one way of giving back to the community.
Am married and a mother of two kids, a sixteen year old girl who aspires to be a marine pilot. She is in form four. I pray for her dream to come true. My seven year old son is still young to fully know what he would like to be, but has a liking of what his dad does in the construction industry.

My Business

After a stint in employment, I decided to have a hand in business. I started with a welding workshop but being male dominated and with no prior knowledge it became very challenging.
I therefore decided to open up a business which I will have full control and therefore opening a boutique five years ago.
I deal with ladies and children wear as this do well all season. Women are impulse buyers, and will always squeeze a coin when they see something they feel its pleasing to them.
Women too like to shop for their kids. Kids outgrow their clothes fast hence need to replenish their wears.
My main costs are on stock, rents, licences, electricity and transport. However, the sales are enough to sustain the expenses, replenish stock and do some savings that see me improve on my house and save some money for any eventualities.
Luckily, my husband too supports' me in some projects too so I don't have to over commit my business.

Loan Proposal

First, I wish to thank Zidisha for their continued support. Am grateful.

If granted a new loan facility I wish to add on stock for my boutique as this is my prime business. I want to add on kids clothing worth 170 dollars. This will boost my sales thereby giving me a profit of 100 dollars per week. With the increased sales and profits I will be able to pay for an accounting course for my daughter as she awaits to join university in September. I will also contribute to the purchase of inner wears for the special unit kids which together with my friends we support.

Secondly I want to purchase a printer for my computer which is worth 140 dollars and a photo copier worth 150 dollar. These two machines will ease my documentation work as I will be able to do all the work from a central room. Also my future projection is to have a cyber café alongside my boutique business.

It's my prayer that Zidisha will fund my business now and in future. Thanks.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$472.00

Date disbursed

May 24, 2016

Repayment status

On Time

Projected term

9 months

Lenders

The Zinc Team

San Francisco, United States

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