Expanding my handbag business

Angelah

Thika, Kenya

100% repaid

Entrepreneur

Name

Angelah

Member since

January 2014

On-time repayments

156 installments  •  30%

About Me

My name is Angelah Mureithi,i hail from Thika district Kiambu county.I started my business since the cost of living is really high and i have a kid i need to provide for.My son is 5 years old and needs healthcare a decent education and food.also having come from a not so well back ground,i would not want my son to lack the basic needs in life.My business involve selling handbags and shoes. by word of mouth and from one office or home to another. I'm planning on opening an office where i can put my displays and thus expanding my market and clientèle being funded by zidisha i know i will achieve my dream of expanding my business.thank you

My Business

Apart from by business im also in formal employment.working as an accountant in a small firm.my main income comes from my business though since i supply quality handbags to my client go for my bags from Kampala and sell in the local market.I would also want to add the wholesaler in my list of clients since thats a larger market.I believe bags is a good venture since the modern woman is now so into classy bags esp the modern working woman.A nice bag paired with a matching shoe will lift any outfit from bad to good.However there are risks too which include buying an old fashioned bag which will remain as dead stock or been caught up by fashion changes.so it requires me to keep tabs of what is new

Loan Proposal

First i would want to thank Zidisha platform for this opportunity to borrow a second time.I used my first loan to open a retail outlet which has made it possible for my clients to find me and also increased my sales due to walk in clients.I want to use my new loan to expand my stock.This will increase my sales since my customers will now be able to have a wide selection.selection really looking forward to continue working with you.It has been a good journey and the loans have helped me in a big and marvellous way.Again i thank each and every stakeholder in Zidisha Microfinance

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$246.00

Date disbursed

Jul 10, 2014

Repayment status

On Time

Projected term

3 months

Lenders

valentin

Stockholm, Sweden

S

sirius

Lauterach, Austria

L

Lemon

Switzerland, Switzerland

EmilAsker

Lomma, Sweden

F

fisaire

Ithaca, United States

J

Jaslogic

Castle Rock, United States

ElWal

Kirn, Germany

kickerofelves

Sao Paulo, Brazil

P

planespotter

Berlin, Germany

M

mkellerman

Shanghai, China

Sarasota

Sarasota, Fl, United States

T

thebonseung

Republic of Korea

pvilliger

Zurich, Switzerland

Matching Fund

Sterling, United States

S

SimonAngus

South Africa

M

MaggieYG

United States

K

Keith

Luxembourg

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