Mobile banking capabilities for my clothing business

Lillian Peter

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lillian Peter

Member since

April 2014

On-time repayments

286 installments  •  94%

About Me

I am a Kenyan citizen. After completing my high school education, I volunteered to work in a nursery school that was in my village. While teaching there, I realized there was fulfillment in teaching young children and so i later enrolled in a teacher training college.I am now a teacher by profession teaching in a Kenyan school. I enjoy my work immensely since each new day I learn from my students and they also learn from me as well.It is a fulfilling opportunity for me since i also get to interact with young innocent children who are so much fun to be around! I enjoy the outdoors so much and when i am free i take nature walks mostly with my learners.Reading books also inspires me a lot so i always set some time for that each day.

My Business

I have an established shop that sells second hand children's clothing. As we know, children are always growing and the demand for their clothes is always there. My business is doing great as i am able to cloth children from low income households and even middle income homes who cannot afford to buy new clothes from shops. Thanks to the first loan i got from Zidisha, I have been able to increase my stock and also expand my business. I am back again for another loan. The Zidisha community has really helped me, and I could never be more greatful. With the loan of Ksh 103,985, I intend to add an equity bank counter. I will use $800 as my equity bank float, add $24 as my Mpesa float. With the income I get, I intend to increase my second hand shop cloths and comfortably pay my son's school fees.

Loan Proposal

With the loan of Ksh 103,985, I intend to add an equity bank counter. I will use $800 as my equity bank float, add $24 as my Mpesa float. I expect to make a minimum od $50 income each day from my business. This is after I have paid all my workers and myself as well. With the income I get, I intend to increase my second hand shop cloths and comfortably pay my son's school fees.

Feedback

3

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  • Dean Suminski    Jun 30, 2017

    Congratulations on paying off your loan! Keep making the world a beautiful place.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,017.44

Date disbursed

Jul 25, 2017

Repayment status

On Time

Projected term

48 months

Cost to entrepreneur

Service fee: $42.77

Lenders

johnandmoliehi

Canton, New York, United States

G D Export

Kolkata, India

B

Bavarian

Bavaria, Germany

Cloudways

Malta, Malta

ads68

Melbourne, Australia

Zal0m0n

Atlantis!!!! x), Mauritania

E

edgrr000

Dallas, United States

Evan Lamos

Brussels, Belgium

R

roozbeh

United States

K

Kimbo

Vietnam

Grant Xavier Storer

Seattle, Wa, United States

PolarBearCapital

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Kevin

San Francisco, United States

ME

Manaal Eisa

Washington DC, United States

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

RT

Rob Torti

United States

Martin Kraus

Traiskirchen, Austria

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

Sean Richards

Wilmette, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

TW

Tom Wiegand

United States

Metalfreund

Berlin, Germany

EE

Erin E Zamzow

United States

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