Name
Evah
Member since
April 2013
On-time repayments
40 installments • 3%
my name is Evah Nyanguthii Karinga and am a resident of Nakuru county.am single with two daughters who are successful in business. After completing my O level education and with no available jobs in the market l opted for the self employment so as to earn a living. my friend introduced me to selling of second hand clothes but after the many challenges due to changes in taxation of imported clothes l opted to open a boutique shop here in town and sell the ready made clothes.The business is good here in town and do use the earnings to support my daughters and develop myself economically.am also an active member of my local church and have participated in various social economical activities in the community.
selling of clothes here in Nakuru is very viable due to the high population of Nakuru town.This is due to Sudanese refugees who are in town and have created the demand for clothes.l buy the stock from wholesalers in Nairobi and Uganda and sell at a profit margin of 40%. This enables me to make a gross profit of ks 25,000 per month.Though there is lot of competition due to second hand clothes l always make sure that my prices are very competitive and the clothes are of good quality.If advanced with the loan l will be able to add more stock in my business hence increasing the sales.
i take this chance to thank zidisha team because they have approve me to be one of zidisha borrowers.as a new member i will use the first loan in business improvement because i actually needs to stock my shop especially this days many schools has taken a break and many school girls are my customers since i deal with boutique.the second loan that i will get i will e3stablish a self contained saloon which will boost my shop a lot and also i will be getting a suitable profit in the process.
Positive
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Apr 25, 2013
Repayment status
On Time
Projected term
15 months
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