Entrepreneur
Name
Margaret
Member since
April 2013
On-time repayments
32 installments • 6%
About Me
My name is Margaret Booker married with Four Children all living at Athi-River Town.I am a business woman who deals with making of garments for ladies, gents and children. i am a determined , objective , hardworking and never giving up type of a person. I live at Athi-River Town ,Eastern province an Machakos county outcasts of Nairobi.I ventured into my business which i had interest in since i was a young girl and manages it comfortably.
i have been making garments which attracts many customers and this makes even more urging and yearning to know more, directive and fashions to make. In my business i do many projects inside it that is Buying of bulky materials and selling them to my fellow competitors My business includes selling of Vitenge fabrics, Kanga's,Suits,Buttons ,linings,zips, cotton materials among others.
The business has brought great change to my life because it has catered for my family ,school fees for my children among other personal developments However it has reached a point that i want to move to the next level by expanding the business. This will mean a lot to me the thing that i need is be able to buy the bigger sawing machine which uses electricity.For now am using manual machine which makes one's leg tired but i have to manage it. This made me search for loans in banks and institutions which lend loans but they are not promising in terms of interest rates.
This is when a friend introduced me to your organization zidisha that you lend loans with an interest which is affordable.Kindly assist me n loaning my business so that i can make a good progress with it.if granted the loan i will highly appreciate as it will greatly impact my business and life.
My Business
Well, considering the tailoring industry the competition is very high that is why i decided to make good quality of garments to enable me retain my customers.i have decided to go for the good quality machine, materials which include Vitenge,Lessos(kangas),Lining Zips,Canvas materials among others to make the fabrics much stronger and durable.
in the process that i have been into this business, the customers have increased depending with the garments i saw and the latest fashions which i have been displaying in my workshop. i view my business as a successful and profitable despite the competitors whom i have in the same field.
to keep my business running i do keep records which includes the income and expenses that i have made in a monthly basis.Approximation of the amount is kshs.15,000 - kshs.25,000. If given the opportunity to be able to buy the machine my increase in sales will be much higher than the amount indicated above.
According to the going the business is not good enough due to capital and decrease of customers whom are not sawing the garments for now and the buying of materials in small quantity making the business to drop.
this is the reason that i decided to have help from your organization to get a loan with you and will be able to pay the loan comfortably and increase my business and retain my usual customers and increase more products to be able to sell them to other customers.
Loan Proposal
I sincerely appreciate your continuous support and directions in regard to my application of a loan to support my tailoring business. Your organization has been very inspiring with all the testimonials that I have read in your site.
As the loan is not sufficient enough to purchase the sawing machine(electrical), i will be able to buy the following items; Zips ,Linings,Canvas,Gum, Buttons,Materials among other items which can move fast.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 24, 2013
Repayment status
Late
Projected term
32 months
Ask Margaret a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.