Nelly

Ganjoni, Kenya

Funds disbursed

$0 to go

100% funded of $500 goal

0

days left

Entrepreneur

Name

Nelly

Member since

October 2012

On-time repayments

10 installments  •  0%

About Me

I first got a hand in business through my mother who was running a market stall.
she single handily managed to Educate 5 kids and take care of our needs through it.
we did not have luxuries, but we never lacked.I got so much inspired by her zeal.
During school holidays, I would lend a hand and it was great experience for me
I am a single mother of 3, after a divorce.am teacher by profession, I lost my job during Kenyas post election violence and started a business of selling clothes.
It has been good but not without challenges.
when i cut through the challenges and look back, there has been a sense of satisfaction.
I have seen my business grow and am happy about it.
I would in future wish diversify but within the same line of business.
I am sure, through zidisha, I will certainly make my own small contribution to my society.

My Business

I have see the business grow and it has been supporting me and my children.
If advanced some money, i would wish to add stock and start selling men's clothing.
Currently, i sell women and children's clothes only.I would also want to start selling women's hair things in the future
My locality has been very favourable for me as,its a busy place.
The business is profitable as the in terms of overheads, i dont inccur much expenses
I run it myself and the rent is affordable.
MONTHLY EXPENSES
Rents-10,000(house+shop)
water and electrocity-2000
Food-7000
Transport-0 (I walk)
School fees per 3 Months-32,000
MONTHLY INCOME
Averagely-50,000

Loan Proposal

I will purchase men's clothing, Costumes, Socks, Vests and shirts with the funded loan.
This will be a starting point for me to start men's items on my shop.It has not been so good for me to sell" i don't have" when i have male clients coming to the shop.
I call them to come and buy items for the ladies in their lives and they generally ask if i have anything for them.
I will grow from there, into other clothing for men.
As we head December, business is generally good and am sure I will do some good business.
I will buy my Items from wholesalers who bring from Nairobi.
Its my desire that one time, I will be able to travel to Turkey, or Asia to sell in retail as well as wholesale.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Nov 15, 2012

Repayment status

Late

Projected term

10 months

Lenders

investor

Candiac, Canada

russell

leicester, United Kingdom

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