Expansion of my tailoring and design shop

Dorcas

Karene, Kenya

10% repaid

Entrepreneur

Name

Dorcas

Member since

April 2016

On-time repayments

242 installments  •  41%

About Me

I was born in kariene village where I grew in a family of five children. my father died when I was seven years and left my mother with poverty in which we grew in till I completed my form four attaining D plain grade. then a well wisher helped me to join a collage where I trained as dressmaker and a designer in the year 2008. After I completed my collage I stayed home helping my mother
At the village. However life became hard hence I decided to look for employment in the city Nairobi and found one in a relative tailor shop with salary 2,000 KES per montht. With salary I made savings for two year I bought sewing machine and opened my own tailoring and design shop where am earning a living from. besides am a mother of two with a loving husband from kisii county. My hopes are singing and dancing.

My Business

My business is a tailoring and design shop which mainly I deal with the production of all types of clothes men dress and women dress. Besides I make trending designs of clothes and uniforms in my shop. Currently the above clothing are available in my shop. I choose this business becouse of demand was high in my locality and because clothes are basic needs hence nobody can live without clothes.My business has been in operation for more than 5 years, my sale is more than 15,000kes per week from which i make a profit margins of not less 4,000 kes a week. The profits I make help me to pay my bill, reinvest back to my business and make some savings.

Loan Proposal

lenders indeed if i get this loan of 805 dollars i will expand my tailoring and design shop business by adding sewing machines add stock in terms of materials I use make to clothes as follows, will buy buy 2 singer sewing machine costing 20 0 dollars, embroidery sewing machine costing 300 dollars, 10 rolls of cotton costing 150 dollars 5 rolls lining costing 100 dollars,pay rent of shop costing 80 dollars totaling to 830 dollars so the deficit I will add from my savings. if I get this loan surely my profits will greatly increase to more than 80 dollars lence be able repay the loan of installalmemnts and pay my bills.Hence be able to pay back loan installments of 30 dollars, pay my bills and make savings.my lenders I real appreciate you your committed financial support in advance. thanks zidisha for making me have hope again.

Feedback

1

None

None

  • Margaret    Oct 12, 2017

    Dorcas paid her loan off perfectly, I would gladly lend to her again!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$799.00

Date disbursed

Oct 21, 2017

Repayment status

Late

Projected term

50 months

Lenders

P

Philippe

Adliswil, Switzerland

MarktheMormon

Sandy, Utah, United States

Martin

Manama, Bahrain

G

guenter

Bremen, Germany

MakeSense

-, St. Kitts and Nevis

JimVandegriff

Trinidad, California, United States

ads68

Melbourne, Australia

R

Ronnie

STOCKHOLM, Sweden

Richard Griebe

La Jolla, United States

J

Joelle

Victoria, Canada

J

Joggele

Austria, Austria

Tanya

Nelson, New Zealand

Richard

Shrewsbury, United Kingdom

V

Vivek

Arlington, VA, United States

Marcus

Germany

PG

Paul Graham

United States

M

Marzl

Germany

Stephan W

Witten, Germany

Dan Brinkman

Lynden, WA, United States

Tom Eggert

Madison, United States

SS

Sam Smithson

United Kingdom

M

Margaret

United States

Heather

Taree, NSW, Australia

DW

Dan Winetsky

United States

Paul Buchheit

Mountain View, United States

K

Katherine

United States

A

Anonymous

United States

ZS

Zach Silveira

Asheville, Nc, United States

Nethanel Kohen

NYC, United States

Helen and Denis

Global citizens, United States

Genuine Interest

Singapore, Singapore

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  • Dorcas    Dec 7, 2019

    am reducing my installments further

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  • Dorcas    Oct 12, 2019

    Am facing fanancial difficuilties hence am sorting it the pay full installement

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  • Dorcas    Aug 20, 2019

    i hereby reduce installment for five weeks

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  • Dorcas    Jul 13, 2019

    My business is facing some challenges hence am reducing installments for some time

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  • Dorcas    May 23, 2019

    Due to difficulties am facing in business am reducing my installements

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  • Dorcas    Apr 1, 2019

    Despite difficuilties and fanancial challenges soon i will pay fully my installaments

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    • Lotus Flower    Apr 2, 2019

      While it's admirable that you would like to pay early,
      please keep in mind that doing so is not advantageous
      for your on-time repayment percentage. The only
      payments which are used for that calculation are
      on-time payments and late payments. Unfortunately,
      early payments don't get considered at all, for that score.

      An "on-time" payment at Zidisha is defined as
      one paid exactly on the due date or within the
      ten-day grace period after the due date.

      Please read the FAQ page:
      www.zidisha.org/faq#borrowi...
      "How is my on-time repayment score calculated?"
      "Your on-time repayment score is the percentage
      of all weekly installments that have fallen due for
      all loans you have taken with Zidisha, which you
      paid on time. NOTE THAT PAYMENTS ARE ONLY
      COUNTED ONCE THEIR DUE DATE HAS PASSED."
      [emphasis added]

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  • Dorcas    Jan 13, 2019

    Due to difficulties that am facing that a looking forward to getting back soon hence am adjusting further down my installments

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  • Dorcas    Nov 16, 2018

    Hi due to challenges am facing i further reduce my installments but am hoping all will be ok soon

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  • Dorcas    Oct 7, 2018

    Hi lenders am looking forward resolving challenges am facing. Am hoping to paying full paying soon

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  • Dorcas    Aug 29, 2018

    Am hoping my challenges to end soon so that i pay full my installments but for now am adjusting

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  • Judy K    Jun 13, 2018

    Dorcas - I hope all is well with you. Do you know when you will start repaying your loan again? Thank you.

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  • Dorcas    Dec 11, 2017

    Hi lenders am glady to inform you that my business is doing well despite few challenges which am looking forward solving.

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  • Dorcas    Nov 4, 2017

    Hi dear lenders i wish to inform you that my business is doing well. Due some inconviences am hereby reducing my installments to 1000 for awhile.

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  • Dorcas    Oct 26, 2017

    i received 766 dollars I will use the money to expand my tailoringand design shop business by adding sewing machines and add stock interms of materials I use make to clothes in my shop. i real appreciate your generous support may God bless you.

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  • Dorcas    Oct 17, 2017

    with 805 dollars i will expand my tailoring and design shop business by adding sewing machines and add stock in terms of materials I use make to clothes in my shop. my profits will greatly increase to more than 80 dollars hence be able repay the loan of installments and pay my bills. i thank you all my lenders for trusting me again. God bless you.

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  • ads68    Oct 17, 2017

    Go Dorcas!

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  • Sam Smithson    Oct 16, 2017

    All the best with your venture! Keep moving forward!

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  • Margaret    Oct 12, 2017

    Good luck Dorcas with you new loan!

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  • Dorcas    Oct 11, 2017

    The funds i received from you i used to purchase sewing machine and stock to my tailoring and design shop. This helped to grow my business hence my profits increased . i used increased earnings to pay for this loan, my bills, reinvest and make savings. My family has real enjoyed live even touring game parks within our country. I indeed thank you zidisha for your generosity and trust am also looking forward trusting you will fund me again.

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  • Dorcas    Oct 3, 2017

    Hi dear lenders my businsess is now doing good. Hence am increasing my loan installments to repay early

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