Clothing project production

Bonnie

Gilgil, Kenya

68% repaid

Entrepreneur

Name

Bonnie

Member since

February 2015

On-time repayments

32 installments  •  44%

About Me

i was born in the year 1980 in a village called shinyalu in western Kenya ,being the first born in the family of five,being the only bread winner in the family since our parents died while we were younger leaving me with the responsibility of caring for the other siblings and working in a formal employment ,it is exhausting since i have a family to take care of and my siblings too,i have been forced to work for extra hours to earn overtime in my place of work,at times i work on weekends so as to keep my wifes business going

My Business

in partnership with my wife ,we have managed to put up a place where we are selling clothes to the locals at fair prices,we decided to put up this business so as to help with financial issues after securing a loan from a local merry go round ,we have managed to keep the business going through hard work and dedication,since there are alot of schools around there is high demand of clothes like t-shirts and boxers,the business is doing good so far since we are making the ends meet and with a net profit of about 10000,it is enough to cater for expenses and restocking since my salary goes to educating my younger siblings,in a month it ranges from ksh.10000-ksh 15000,i have been able to repay the loan at the merry go round and keeping stocks

SECOND PHASE;
The loan you offered to me has helped me to secure my business and has kicked off well.The profit am getting from my business is actually from the the last time disbursed loan from zidisha lenders.I have come up with a thought of reopening another house business clothes here at town in a difference place for the stock is going with high rate.Am looking forward for your next loan disbursement.

Loan Proposal

The loan will help me to reopen another clothing business here at town same with the additional of my profit that i got from the business.The rate of them going is much high than there before because the rate and population of people her in town is increasing with greater number.So the expectation of the clothes to be in demand and in need is much high.Still the student are coming from various difference parts of the country to board and they are in need of school uniforms n games kits of which the same i will increase the stock to offer a good services to my clients.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$190.00

Date disbursed

Jul 8, 2015

Repayment status

Late

Projected term

4 months

Other loans

Lenders

Cathy

Melbourne, Australia

PG

Paul Graham

United States

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