Funds to expand my clothes & household sales business

Joyce

Thika, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Joyce

Member since

March 2015

On-time repayments

43 installments • 65%

About Me

My names are Joyce Mwangi. I am a business oriented lady with a background training IT and business management. I have worked in IT field for a while until I quit to concentrate on my online business of selling clothes and household items.
I have experienced a tremendous growth in my business since it started and now want to grow it further.

My Business

My business involves selling both male and female clothes online. I started the business 6 months ago from my savings and so far, I have managed to build a large base of customers. Currently, my customers have started enquiring about clothes for kids which I do not stock. I now want to expand my business and stock them since I already have a ready market. Am short of resources and I kindly request Zidisha lenders to help me raise the money so as I can be able to fund my business.
Am able to reach a bigger number of clients through my online selling through social media. Mostly, I get so many referrals through the same social medias and that is how I have been able to grow my clientele base.
Monthly, I make around Kes 30,000 and with the introduction of kids cloths, I target the sales to rise upto Kes 45,000. Profits made will be used to repay the loan.

Loan Proposal

I will use the funds to introduce a new line of clothes; kids clothes. I only sell adult clothes. Most of my clients require kids clothes since most of them have families with small kids. I do not have funds this clothes for sale. Am seeking funds from lenders so as I can be able to meet this demand.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 24, 2015

Repayment status

On Time

Projected term

2 months

Other loans

Jun 2015: $192

Lenders

Quebec, Canada

Weisendorf, Germany

Omaha, United States

Canada

Gaeta, Italy

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Joyce Oct 2, 2015

My uniform stock has not been moving since the schools in my locality are yet to be re-opened since the beginning of the term. Am hoping to raise the payments once schools re-opens.
Regards
Joyce

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Joyce Aug 11, 2015

My business is doing well, I would like to increase my payments for now.

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Joyce Jul 22, 2015

Dear Lenders,
My business is doing well, I was able to introduce school uniforms; targeting the nearby schools and so far, this has gone so well. Am anticipating the sales will go up especially during the start of the next term.

Thank you so much for the support.

Regards
Joyce

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Elijah Jul 14, 2015

Congrats Joyce,

Am so happy for you.

I wish you the best best in your business.

Always repay in good time and where you have any question please feel free to ask me.

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- Joyce Jul 21, 2015
  
  Thanks Elijah
  
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Joyce Jun 27, 2015

Dear Lenders
Am grateful fot having funded my loan. Thank you so much.
I will use the funds to boost my clothing sales business whereas I intend to stock school uniforms for the schools around my business area. There has been demand for such uniforms and with these funds, my business will surely do well.This will help in a great way. Once again, thank you so much.

Regards
Joyce

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Joyce May 7, 2015

Dear Lenders,
My business is doing well, thank you so much for your continued support.
Regards

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Joyce Mar 27, 2015

Dear Lenders,
I received the loan. Thank you so much.
I plan to invest in stocking new kids clothes. I have been selling ladies and gents clothes online and now want to introduce a new line of kids’ clothes.
I promise to repay my loan on time. Once again, thank you so much Lenders.

Regards
Joyce

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