Mobile banking capabilities for my clothing business

Lillian

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lillian

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

None

None

  • Dean Suminski    Jun 30, 2017

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

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,017.00

Date disbursed

Jul 25, 2017

Repayment status

On Time

Projected term

48 months

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

United States

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

Ask Lillian a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Lillian    Jul 29, 2021

    I am unable to pay Ksh 3000 every week.

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  • Lillian    Jun 24, 2021

    At the moment, business is down and I will be able to 1628 consistently.

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  • Lillian    May 28, 2021

    My business is not doing well.

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  • Lillian    Dec 8, 2020

    Sadly, since the covid-19 pandemic hit the entire world, my business went down. I am, therefore, not able to pay 3,712 KES due on Dec 10, 2020.

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  • Daniel    Mar 31, 2018

    Dear Lenders,
    Greetings,
    I have spoke with Lilian and she will be making the payments shortly
    Thank you

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  • Lillian    Sep 5, 2017

    By business is currently going through a rough patch. Sales have drastically reduced but I am hoping once the election period is over, things will be much better and I will increase my repayment installments

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  • Lillian    Jul 31, 2017

    Thank you lenders for funding me. I do appreciate.

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  • Lillian    Jul 12, 2017

    Hello Lenders!
    Thanks once more for fully funding my loan. I am lost for words.
    Here is a breakdown of my loan use:
    With the loan of Ksh 103,985, I intend to add an equity bank counter. I will use $700 as my equity bank float, add $100 as my Mpesa float and $24 for purchasing more second hand clothes for resale. I expect to make a profit of $50 everyday from this new venture. This will enable me start a CBO for helping needy orphans back in my village. Thanks so much for the support my lenders. I will keep you posted on my progress.

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  • Lillian    Jul 4, 2017

    Thanks lenders for your generosity. I have been able to achieve things I could only dream of. My children are also well taken care of and I strive eache day to change a life somewhere.

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  • Lillian    Jun 30, 2017

    My business is doing well and I would like to clear my loan today.

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  • Lillian    Jan 18, 2017

    Hi Lenders,
    I would like to reduce my installment payments. I am having some financial problems but I am hoping to increase the installments in due time when my business picks up.

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  • Lillian    Jan 4, 2017

    Hello Lenders,
    Thank you so much for your lending me your hard earned cash. I am humbled and appreciative. Have a prosperous new year.

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  • Lillian    Dec 27, 2016

    Hello Lenders,
    Thank you once more for lending me. I will be able to increase my shops stock. I am truly thankful and humbled for your kind gesture.

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  • Lillian    Dec 14, 2016

    Hello Lenders,
    Thank you so much for your generosity. I have been able to achieve things I never thought I would in my life just because of your kind souls. I could never repay you enough.

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  • Lillian    Dec 5, 2016

    I feel my business is doing way better and I can afford to pay more installments. Thank you my lenders.

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  • Lillian    Sep 12, 2016

    Hello lenders,
    Thanks for trusting in me once more. My business is doing really well. I hope to repay the loan on time.

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  • Lillian    Sep 1, 2016

    Thank you lenders for funding me. I hope to do better in my business.

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  • Lillian    Aug 30, 2016

    Hello Lenders,
    Thanks once more for believing in me and lending me once more. I do appreciate.

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  • Ambrose    Aug 23, 2016

    I feel for you. Losing a loved one is hard. I'm glad though that the Zidisha community is there to assist in your endeavors.

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    • Lillian    Aug 23, 2016

      Thank you Ambrose. Yes, I'm glad the zidisha community is here to help.

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  • Lillian    Aug 23, 2016

    Hi Lenders,
    Thank you for funding my last loan. I have been able to increase my sales both in the mpesa till as well as selling of clothes . This has enabled me to easily pay my school fees as well as pay for my grandmother's hospital bill, though sadly, she passed on.

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