Entrepreneur
Name
Rael
Member since
February 2015
On-time repayments
227 installments • 39%
About Me
I was born and raised in Nairobi. I met my husband in college and after we graduated we got married. Our wedding ceremony plans were tight due to budgetary constraints. My husband-to-be asked me to make my gown! I did, and that saved us thousands of shillings. Then many friends began to ask for gowns too. Our first baby came and when I wasn't nursing her I was working on several dress designs fro my new clients. I realized I had a God-given talent and immediately set forth labor charges. Today, ladies bring in their fabric and we discuss the dress design and charges , then I sew the dress in three days. Although this has worked, there is still greater potential in buying the fabric myself and making all-size dresses, boys' and girls' outfits for sale in and out of Nairobi. We have seven kids and I love looking after them while working from home. I don't have a maid. Our teenage daughter Michelle loves what I do and has began learning the ropes. Our garage serves as my studio (we don't have a car). My husband doesn't have a regular job. He is training for Christian ministry. All my earnings go into our upkeep and I am unable to raise my own stock. I am happy to learn about Zidisha because this is just what I need.
My Business
Besides the occasional wedding gowns, I design and stitch dresses, make earrings and necklaces to match, handbags, curtains, aprons, bed covers, seat covers and pillow cases. Ladies love the African "kitenge" for weddings. This has been my most popular line of production. I charge an average of $20 per dress. This brings me a monthly income of $270 although in a good month I can make up to$400. All this goes towards our upkeep.
Loan Proposal
I will use the money to buy fabric to make ready-made outfits for sale and beads for my accessories. This will give me a greater profit margin in expected sales. For example, the average outfit earns me $20 in labor charges. If the fabric was mine, I would sell the dress at $50. The amount of material to make this dress would cost $19, leaving me a much better margin that just the labor charge.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 12, 2015
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
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Summary
Amount repaid
$104.73
Amount remaining
$0.00
Date repaid
Sep 10, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Feb 22, 2015 | $3.03 | Feb 22, 2015 | $3.03 |
| Mar 1, 2015 | $3.03 | Feb 22, 2015 | $0.02 |
| Mar 3, 2015 | $3.01 | ||
| Mar 8, 2015 | $3.03 | Mar 3, 2015 | $0.02 |
| Mar 8, 2015 | $3.01 | ||
| Mar 15, 2015 | $3.03 | Mar 8, 2015 | $0.02 |
| Mar 15, 2015 | $3.01 | ||
| Mar 22, 2015 | $3.03 | Mar 15, 2015 | $0.02 |
| Mar 23, 2015 | $3.01 | ||
| Mar 29, 2015 | $3.03 | Mar 23, 2015 | $0.04 |
| Mar 29, 2015 | $2.99 | ||
| Apr 5, 2015 | $3.03 | Mar 29, 2015 | $0.07 |
| Apr 6, 2015 | $2.97 | ||
| Apr 12, 2015 | $3.03 | Apr 6, 2015 | $0.09 |
| Apr 11, 2015 | $2.94 | ||
| Apr 19, 2015 | $3.03 | Apr 11, 2015 | $0.11 |
| Apr 18, 2015 | $2.92 | ||
| Apr 26, 2015 | $3.03 | Apr 18, 2015 | $0.13 |
| Apr 28, 2015 | $2.90 | ||
| May 3, 2015 | $3.03 | May 4, 2015 | $3.03 |
| May 10, 2015 | $3.03 | May 4, 2015 | $0.02 |
| May 11, 2015 | $3.01 | ||
| May 17, 2015 | $3.03 | May 11, 2015 | $0.04 |
| May 20, 2015 | $2.99 | ||
| May 24, 2015 | $3.03 | May 20, 2015 | $3.03 |
| May 31, 2015 | $0.04 | May 20, 2015 | $0.04 |
| Jun 7, 2015 | $0.00 | ||
| Jun 14, 2015 | $0.00 | ||
| Jun 21, 2015 | $1.11 | Jul 1, 2015 | $1.11 |
| Jun 28, 2015 | $1.11 | Jul 1, 2015 | $1.11 |
| Jul 5, 2015 | $1.11 | Jul 19, 2015 | $1.11 |
| Jul 12, 2015 | $1.11 | Jul 23, 2015 | $1.11 |
| Jul 19, 2015 | $1.11 | Jul 23, 2015 | $1.11 |
| Jul 26, 2015 | $1.11 | Jul 23, 2015 | $1.11 |
| Aug 2, 2015 | $1.11 | Aug 6, 2015 | $1.11 |
| Aug 9, 2015 | $1.11 | Aug 6, 2015 | $1.11 |
| Aug 16, 2015 | $1.11 | Aug 12, 2015 | $1.11 |
| Aug 23, 2015 | $1.11 | Aug 12, 2015 | $1.11 |
| Aug 30, 2015 | $1.11 | Sep 7, 2015 | $1.11 |
| Sep 6, 2015 | $1.11 | Sep 7, 2015 | $1.11 |
| Sep 13, 2015 | $48.89 | Sep 10, 2015 | $48.89 |
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