Hides, leather and beads for making decorative ornaments
Nashipae
Isinya, Kenya
100% repaid
Entrepreneur
Name
Nashipae
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
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 17, 2015
Repayment status
On Time
Projected term
3 months
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Helen Horseman Nov 6, 2017
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