Name
Mzuri
Member since
March 2013
On-time repayments
31 installments • 10%
My name is Mzuri Mbaru Johana,married with five children all are schooling in private school.I live Bokini village in Pingilikani sub-location in Mwarakaya location,Chonyi Division in Kilifi county.I'm a tailor by profession trained to grade 1.Education wise ,I did Grade 1 in tailoring.I started this business basically to earn a living/improve my life and also to assist the less fortunate people in my locality.I purchase various items from the earnings of my business such as:material fabric; cotton,tetrex,tetron,satin,silk,kitenge,kanga,kikoi,suiting-material,perch-skin,viscose pareo,wool,linen,heavy and light go-get etc I buy other items and services such as food,water,medicine,vegetables,pay for transport and school fees for my children etc.I hope to buy several and operate tailoring shops for better income
My business is tailoring,this business involves running of tailoring machines for commercial purposes.In this business normally experts make clothes out of clothes materials known as material-fabric.In tailoring shop I repair and make clothes sometimes for sell and sometimes for service charge only.There is demand for either the clothes(goods) or the service because in the end of the day people have to wear attires to attend to various functions daily.My customers prefer to my business because I'm a trained tailor and I make all sorts of clothes in their appropriate fashions at a reasonable prices.The business is profitable because one material-fabric can cost me ksh:10000/= and after making the clothes can give me ksh:40000/= and this is in a duration of one month only.Risks that face my business are lack of enough money and security.My typical monthly income ksh:40000/= and my monthly expenditure is ksh:25000/= therefore my profit is ksh:15000/= of which can repay Zidisha loan without any problem.
Hello am so happy that my loanapplicationhas been approved. its a great honor and i feel like am now in a different level now. Am happy that my business will have the boost i have always been waiting.As a business man i want to see my customers rejoice with the services i provide. So with this loan i will buy materials that will enable me have more income that will help me repay my loan in good time.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
May 15, 2013
Repayment status
On Time
Projected term
12 months
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