Mary

Kiambogo, Kenya

Funds disbursed

$0 to go

100% funded of $478 goal

0

days left

Entrepreneur

Name

Mary

Member since

October 2012

On-time repayments

31 installments  •  0%

About Me

I am a mother of two children, both are in primary school. I live in Kiambogo trading center, plot number 520. My occupation is a boutique also I am also a member of Elementaita interdenominational pastors fellowship, I have a general knowledge, also I have completed my high school education.
I started a business of a boutique after completing my diploma course in sale and marketing was employed as a sale woman in our nearby town (Nakuru) for two years, then I decided to be self employed by the money I was invested during my employed time. I am expecting to purchase more and newly fashioned cloth and shoes both for men and women also I will purchase cosmetic and material for making suits and women dresses.

My Business

My business is a boutique.
My business a boutique. They is a lot of demand of the product such as cloths and shoes for human life, because cloth is a basic need, and also so many people here rely on the product such as gumboot during the rainy season and saddles during the dry season.
In Kiambogo there is few boutique thus I my able to catch more customer. The business will be profitable because the product I will get from our nearby town(Nakuru) and the mean of transport is good also the product can not expire and I will sell the quality product at favorable cost . The risk facing the business is poor road during the rainy season which hinders the transportation from the wholesaler to my business.
My typical monthly cost is khs 70000, sale revenue is around ksh 35000 and profit is above 20000 but I am planning to earning more.

Loan Proposal

Dear Lenders,
I would like to use my loan that I will get from Zidisha organization to, First I would like to buy more clothes for women and add them in my stock. This is because women's clothes have a very high demand and especially this time when we are approaching Christmas. Also I will add more children's clothes in my business. Secondly, I would like to introduce shoes in my business. This will be a good boost for my business and I hope to increase my revenues from the business.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$478.00

Date disbursed

Nov 15, 2012

Repayment status

Late

Projected term

32 months

Lenders

EricDWalters

Rochester, Mn, Usa, United States

investor

Candiac, Canada

B

Bpryse

Long beach, United States

O

OneSummer

Muenster/Westphalia, Germany

russell

leicester, United Kingdom

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