Elizabeth
Ruiru, Kiambu County, Kenya
100% repaid
Name
Elizabeth
Member since
July 2014
On-time repayments
268 installments • 67%
I am a hardworking lady who loves her family and loves doing business. I believe that business is very important in the growth of every country. Additionally the more people are in business, the lower the unemployment rate becomes. I thank God for Zidisha which is a great platform for budding business people.
I started my business about three years ago with an initial capital of Ksh150,000 ($1726) it entails reselling of both men‘s underwear and socks as well as women‘s underwear .The business accrues a monthly income of Ksh25,000 ($288) in sales and a net profit of about Ksh9,000 ($104).My monthly expenses include rent for the business premises and salary for my one employee all totaling to Ksh15,000 ($173) .My business projections for the coming years is to expand it to a larger one with huge variants of products to counter the costs I encounter. I want to also want to create more jobs to the community around by employing a few more personnel.
Wow first and foremost i want to bring my great gratitudes here, zidisha has prove to be the best organisation so far, since I started getting funds here in 2014 it has never failed me and I've seen tremendous change in my line of business iam more disciplined with my expenses knowing I have a loan to service I became more focused, thank u the entire Zidisha crew, when I was applying for the 1st loan I started with 7000 n the one I cleared recently was 90000 that to me is growth, I appreciate the kind and generous lenders who have offered to change lives thro their generosity I promise to always be faithful,I started with a small shop for undergarments I grew to two shops then I took a step higher by buying in bulk which comes cheaply giving you good profit, then I opened another recycle business, the reason to apply for this 134000 loan is to expand the business where I buy in many bulks for good reruns like if am able to buy things worth 150000 by the end of the month I get 50000 in one shop, the other 30000 so far iam able to employ three people.
Positive
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Neutral
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Project Type
Classic Loan
Disbursed amount
$1,364.00
Date disbursed
Sep 2, 2016
Repayment status
On Time
Projected term
11 months
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