Entrepreneur
Name
Margaret
Member since
April 2013
On-time repayments
15 installments • 33%
About Me
My name is Maggy Mose Lwayo. Am a lady living alone. I come from a family of six. Am the third born in my faimily (five girls and one boy) My mum and dad passed away. so i started this business to help me to cater for my family needs. All my elder sisters are married and my brother too. So am the one left with the young ones. I only manage to finish primary education and i couldn't move on with my studies because there was no one to help me (mum and dad died). My sisters and brother also help me with some cash to buy food and clothes. Right now am running my business at the same time am working at a Chinese clothing company. I use the money i get from my business to buy food and also buy stock for my shop and save the rest because am also planning to have my own family and i must have savings not to rely on my husband. I want to be an independent woman.
My Business
Am a tailor and i also do fashion designs, and also i do sell clothes, materials, baby clothes, bed covers e.t.c. My charges are fair and in the area there are other tailors but they do not sell the goods i sell. so people have to travel up-to mtwapa or Mombasa city to buy clothes, materials, leso, baby clothes bed covers e.t.c. My business gives me a good profit but i want to expend it to other higher level. In a month i make sales of about Ksh 39,000. I pay Ksh 5,000 rent for my business premises, i spend Ksh 15,000 to buy clothes, material e.t.c, i have a sales lady whom i pay her Ksh 5,000. Ksh 14,000 remains as my net profit. but it varies sometimes i get more profi ksh 10,000 is the minimum net profit i do make.
Loan Proposal
First and foremost am very thankful to the Zidisha for accepting my request.
Am looking forward to get a loan and expand my business.
Am running a tailoring shop where i make and repair clothes and i also sell clothes and also do fashion and designing.
I will buy materials, baby clothes, bed covers/sheets etc for my shop (tailoring shop).
Am planning to buy an electrical sewing machine and other things i may need in future eg straight machine.
I promise the Zidisha team and the lender to pay my loan on time.
I will be very great-full to get a loan, it will boost my business and my life.
Hope to hear a positive response from you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 4, 2013
Repayment status
On Time
Projected term
7 months
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