Hides, leather and beads for making decorative ornaments

Nashipae Kaetuai

Isinya, Kenya

100% repaid

Entrepreneur

Name

Nashipae Kaetuai

Member since

March 2015

On-time repayments

136 installments  •  26%

About Me

I grew up in the remote part of isinya known as Enkirigiri. My primary education was in a local school in magadi and later went to Enoomatasiani secondary school for my KCSE certificate. I was unable to further my education due to stigmatisation of the girl child in the Maa culture at the time. I proceeded to make an income out of my hobby and thus, grew my business. Although I am yet to be blessed with a family, plans to secure a future with one are underway. Apart from my income earning hobby of beading, I enjoy hiking and long distance cycling.

My Business

My business, though majoring in one field, is highly diverse. The items include decorative house and personal ornaments for festivities and fashion. There is an increasing demand due to the rise in interest of the Maa culture. Many people want the items in their houses and events such as weddings. I chose the business as it featured my interests and required knowledge of the culture which I abundantly have. The costs incurred are for materials which mainly include hide and leather and the beads for decoration. That can be achieved with a basic if 10,000. The profit incurred ranges from 20% to 30%.for the profit I want to start a small farm To Help the community to buy wholesale vegetables and sale at a profit for them self's. It is used as reinvestment in business growth, savings and home improvement.

Loan Proposal

1) Leather 20 kilos @ 110
2200- 24.4$
2) beads in strings
Big @ 500 × 10= 55.6$
Small @ 170 × 10= 18.9$
3) manila string
140 yards @100
1.1$
It will create opportunities for some women in the village to earn when helping with the making of the ornaments and thus increace the business. The business will increase by an average of 55%.

Feedback

1

None

1

  • Helen Horseman    Nov 6, 2017

    Thank you for full repayment of your loan Nashipae.
    Best wishes for your business going forward.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.13

Date disbursed

Apr 17, 2015

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $3.75

Nashipae opted to pay $16.61 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

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