Grace

Solai, Kenya

Funds disbursed

$0 to go

100% funded of $1,355 goal

0

days left

Entrepreneur

Name

Grace

Member since

September 2012

On-time repayments

12 installments  •  8%

About Me

My name is Grace Wairimu and I come from Solai, Nakuru County where I reside. Solai is approximately 8 Km from Maili kumi Centre on the Nakuru – Nyahururu highway. I am married and a mother of 3 children and am a business lady and a chicken farmer where i keep small chicken for eggs although i have not expanded very much due to lack of capital to specialize on that area. I am a form four certificate holder.

My Business

In my plot which I have constructed shops in the front, I have a uniform shop where I sell school uniforms and pullovers(sweaters).I have a pullover knitting machine whereby I knit school pullover and sell them to parents with pupils in nearby school and during market days I sell the same to people even from far areas that come to the market. The school uniforms give me a profit of Kshs. 4000 per month. One pullover have a expenditure of an average Kshs. 400 and I sell it at a cost of an average of Kshs. 550 thus making a profit of on average due to the size of the pullover Kshs 150. In one week am able to knit 20 pullovers thus making a profit of about 3000. This gives a total of 1200 per month. I also sometimes get orders from schools to supply pullovers.

Loan Proposal

I will use the loan lend by zidisha to buy knitting yarns so that i will be able to have enough stock now that the children will be joining school both primary and secondary schools. During this months the business will be very good. I will also be able to increase the school uniforms. I will use the loan lend by zidisha to buy knitting yarns so that i will be able to have enough stock now that the children will be joining school both primary and secondary schools. During this months the business will be very good. I will also be able to increase the school uniforms.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,355.00

Date disbursed

Jan 13, 2013

Repayment status

Late

Projected term

12 months

Other loans

Lenders

Creole1

Mobile, Alabama, United States

S

SvenWaage

Stavanger, Norway

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