Stephen

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Stephen

Member since

June 2011

On-time repayments

22 installments  •  9%

About Me

i am a kenya citizen aged 25, educated to o'level, married with one kid, currently running a tailoring business at munanda center

My Business

my business is located at munada tarding centre, it is a tailoring shop. it mainly deals with, making ready made cloths. i design trousers, shirts, skirts and later sale them making a profit of kshs 200 per cloth. a approximately make 300 per day hence after dectucting all expences(i.e house rent) i make ksh 7000 per month. i use this money in feeding my family and meeting other primary personal needs. with this business i have managed to buy a plot worthy kshs 40000. if given a loan i will expand my business by starting a boutique, i will sale all types of wares hence quench my customers thirst. having only two such business in the area, the competation is less, so if given a loan a will fetch all the customers who will be pleased with the new fashion in my " steve modern shop". i lead others follow is my slogan. i was introced to zidisha by my freind paul musembi.

Loan Proposal

I WILL USE THIS LOAN TO BUY NEW CLOTHS WHICH I WILL SELL IN THE MONTH OF AUGUST AFTER HARVESTS. HOPE TO DO MY BEST AND PAY THE LOAN IN TIME THANKS TO ZIDISHA

Feedback

3

None

1



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Loan Info

Project Type

Classic Loan

Disbursed amount

$178.00

Date disbursed

Jun 30, 2011

Repayment status

On Time

Projected term

12 months

Other loans

Lenders

johnfay

Lusaka, Zambia, South Africa

E

Errol

Bradenton, FL, United States

neffe

Berlin, Germany

D

Delph007

Den Haag, Netherlands

CatholicNetworking

Galway, Ireland

S

Spock

Koeln, Germany

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  • ErikN    May 22, 2013

    Hi Stephen, Long time we heard from you. I hope you are fine!

    How is your business going? I notice it was 3 months ago you made the last repayment.. any updates?

    Kind Regards,
    Erik

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  • analinjsaturria    Feb 23, 2013

    Dear lenders,
    My name is Analin Saturria McGregor and I'm a Communications Associate at Zidisha.
    We received word from one of our Community Organizers on the ground that Stephen is experiencing some challenges in his business that have caused a shortage on cash. However, Stephen remains committed to work hard to provide for his family and honor his loan obligations. In order to catch up on his installments, he will make smaller repayments as cash becomes available. Thank you for your ongoing support. We wish Stephen the best in his upcoming business activities.

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  • Stephen    Jul 12, 2012

    thax to zidisha team as a whole

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    • ktriolo1    Aug 16, 2012

      My husband and I wish you the best of luck Stephen. We own our own business too, a hotel. We are retiring soon, and hope to be able to travel. If we are lucky enough to ever get to Kenya I promise to buy some clothes from your shop! :)

      I hope that you and your family are well, and that things are gonig well for you.

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  • Stephen    Jul 7, 2012

    it was nice to meet traci...thanks to all my lenders n the whole zidisha community.

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  • traciyoshiyama    Jul 5, 2012

    Thursday, July 4, 2012

    Hello, my name is Traci Yoshiyama, Zidisha’s Kenya Client Relationship Manager.

    I was welcomed into the town of Munanda today by Stephen Irungu, the proud owner of Irungu Modern Tailoring. It’s hard to miss his quaint shop, even amongst the many businesses blooming in the Munanda, for hanging on his door is a brown all-leather suit created by Stephen himself.

    In 2005, Stephen started Irungu Modern Tailoring with only one sewing machine. With this flourishing business, he now has three sewing machines, an iron, and also employs three people. It is also a family business, for his wife often times assists with the ironing.

    This is his second Zidisha loan and he plans on creating a boutique for the people of his village, the first of its kind in Munanda. With the funds, he hopes to buy clothes from Nakuru and sell it in shop. His passion for fashion is evident, as he describes his store not merely as a job, but a hobby and his happiness.

    After my visit to his shop, Stephen kindly took me around his village, showing me various shops and introducing me to friends. He even assisted me in finding some much needed supplies that cannot be found in Mugaa, the village I am residing in.

    Best of luck with your loan Stephen. It was a pleasure meeting you.

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  • Stephen    Apr 13, 2012

    hi, am fyn, my business doing fine, ope to repay the past due amont.thax

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  • Stephen    Nov 19, 2011

    HI LENDERS, MY BUSINESS IS GOOD. THANKS.

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  • Stephen    Jul 4, 2011

    THANKS, AM HAPPY FOR THE LOAN

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  • Stephen    Jun 11, 2011

    THANKS TO ALL LENDERS FOR GENEROUS CONTRIBUTION. GOD BLESS U ABUDANTLY

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  • Stephen    Jun 9, 2011

    thanks to u spock

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  • Stephen    Jun 9, 2011

    hi johnfay, this is great. surely God bless u.

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