Electric sewing machine for my tailoring business
Kyalo
Mtwapa, Kenya
100% repaid
Entrepreneur
Name
Kyalo
Member since
January 2015
On-time repayments
151 installments • 56%
About Me
about Me
mutua kyalo is my name. l was born in machakos. .l like reading travelling and doing volunteer work. My business is selling fabrics for sewing new clothes and get an income from it. l graduated from college with a plumbing course. l got short term jobs and unfortunately l could not find a permanent job. so l decided to open my small business to sustain me and my younger siblings.
I am married with 4 children all in school. l used some of my profits to send my younger brothers to school and take care of their basic needs. l also save some for my business. l stated this small business because life was not easy for us. My parents are not able to support my siblings, but I thank God I am able to pull through.
My Business
My Business
I would like to first thank lenders and Zidisha team for given me this chance to apply for my first loan. My business is a small business but with a bigger profit margin, and the demand is very high in the market . with an investment of ksh4000(USD50) I am able to make a profit of ksh2500(USD30) within a month. l want to meet the demand of my customers that is why l want the lenders to support me to satisfy the demands of my customers. If l get a loan, my life will change for the better, I will be able to make more profit from the business.l am therefore requesting all the lenders to help me to achieve this dream. l will work hard so that l will be able to repay the loan on time. Thank you in Advance.
Loan Proposal
first and foremost i thank zidisha org and all my good heart lenders, with the first loan it change my life , i was able to pay all basic need for my family and my parents and my younger brother , i paid school fees on time for my 4 kids , they used to go on foot i managed to buy the two bikes , i also managed to save and expand my business , i now hire a one work who go door to door selling and marketing my business , now in a day i get 4000ksh total sales , i managed to buy a manual sewing machine , i humble ask for another loan to buy an electrical powered machine so that i can provide production per the demand due to the door to door marketing , thanks in advance all my lenders
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Loan Info
Project Type
Classic Loan
Disbursed amount
$198.00
Date disbursed
May 27, 2015
Repayment status
On Time
Projected term
7 months
Other loans
Lenders
Portland, OR USA, United States
Denver, United States
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