Entrepreneur
Name
Hannah
Member since
January 2013
On-time repayments
15 installments • 7%
About Me
My full names are Hannah Wanjiku Mwangi. I am a resident of Kiptangwanyi trading center. Our division is Elementaita, Gilgil District and in Nakuru County/ I am residing in my own piece of land at the shopping center which is plot number 694. I bought this piece of land in the year 1996. At this time land was not very expensive in this area, but nowadays it is very difficult to purchase one especially in areas surrounding the shopping center. They are also not very available. I live with my husband and and four children together. All of my children are in school. Three of them are in secondary school and the smaller one is in primary school. I am able to educate my children through the business that I operate. The business which I operate at the shopping center is of a boutique. I sell men's ready made clothes as well as those of women. I have all fashions and I usually go for the latest designs in order to satisfy my customers tastes and preferences. The business has a very good potential and I know that I will improve it and the future is brighter.
My Business
My business is that of a boutique. I started this business in the year 2004. This was from some little family savings. The money was not enough to start a well stocked boutique and thus I only had few clothes that I sold during the open markets days. These were Wednesdays and Saturdays. The rest of the days of the week I worked in my farm. With the revenues I was able to increase the stock and changed the business to a daily basis business. Later in 2007 I rent a house and opened it for my boutique. Things have been good and the business has picked on well. I have been able to educate my children without much difficulty from the revenues that I get from the business. The main challenges that the business encounter are frequent fluctuations of the market and drought which reduces the purchasing power of my customers. I am always keen in making sure that I provide the best for my customers. It is my wish to improve the business through this loan that I will get from Zidisha organization.
Loan Proposal
Dear Lenders,
I would like to use this loan that I will be granted from Zidisha organization to buy more clothes for my boutique. I will increase more of women's clothes in my business and this usually very good for the business.Women's clothes are more demanded than any other types of clothes and thus my business will be on a good side once I have more stocks of clothes in my business
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Loan Info
Project Type
Classic Loan
Disbursed amount
$500.00
Date disbursed
Jan 22, 2013
Repayment status
Late
Projected term
17 months
Lenders
Osaka, Japan
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