Increase stock for my fashion shop

Mirriam

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Mirriam

Member since

December 2014

On-time repayments

220 installments  •  11%

About Me

I am Miriam- married with one kid. I am the third born in a family of five and I am currently residing at Ngata bridge of Nakuru county.
I studied a diploma course in sales and marketing at Zetech college and have since been looking for employment. A year and a half ago, prior to my husband loosing job, we established a fashion shop at Njoro town where I sell all types of clothes.
As a primary source of income, the business has helped me support the family.
I spend my free time reading informative and inspirational articles and visiting friends and family.

My Business

I have a fashion shop at Njoro town where I sell clothes. The shop is about 15 kilometers away from Nakuru town and has a good population. The first loan helped me increase the stock of children wear which was important especially during the festive season when the demand was high. I am planning to build on this stock and even introduce shoes in my shop.
The business has been good- almost getting to two years now since we started and has helped gather for the family after my husband lost the job.

Loan Proposal

Attributed to our culture and value attached to Christmas, people in my region always shop for new clothes to look smart .Therefore during this festive season there is an increased demand in our area and in Kenya at large especially for children wear- associated with Christmas celebrations.
I would therefore like to expand my stock to gather for my customer needs and thus will use $85 of the loan in sourcing more new clothes and $15 on transport to and from Nairobi- where I source my supplies.
The increased profits will allow me pay the loan with ease and the rest in diversifying my products for instance introducing shoes.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Dec 18, 2014

Repayment status

On Time

Projected term

4 months

Other loans

Lenders

McJulio

New Jersey, United States

L

Leonora

TÄBY, Sweden

E

elourenco

Porto, Portugal

rjb

Phnom Penh, Cambodia, United Kingdom

Ask Mirriam a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • andyfletcher    Sep 8, 2015

    Hello Miriam,
    I hope your business is going well. Do you have any news about your repayments?

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  • Mirriam    Jul 2, 2015

    Hello lenders,
    Thank you so much for the second loan. I receive the funds and have already bought new stock.
    For now i would like to let you know that I will start with smaller installments then catch up with bigger ones later

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  • Henry    Jun 10, 2015

    CONGRATULATION MIRRIAM IN YOUR BUSINESS MAY GOD BLESS YOU AMEN. THANKS.

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  • Stephen    Jun 10, 2015

    Thankyou lenders for funding Mirriams project. God bless you.

    I kindly ask you lenders to visit my page and fund me . I only have a few days remaining.I look forth to your generous funding

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  • Mirriam    Jun 8, 2015

    Dear lenders.
    My proposal will be expiring in few days. Kindly consider funding my proposal.
    Thank you.

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    • Kennedy    Jun 9, 2015

      Great job my friend. All the best in your second proposal

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  • Micheal    Jun 8, 2015

    Please Miriam revise your loan proposal and come up with the actual dollars to be spent as well as the projected profit.Also you can try changing your profile photo " including a smiling face". This is very important.

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  • Oscar    Jun 8, 2015

    Great work keep up wish you all the best.

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  • Kennedy    Jun 7, 2015

    All the best my friend. Keep the faith and pray

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  • Jackline    Jun 3, 2015

    Hello,
    I Wish you all the best in your second proposal

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  • Kiprop    Jun 2, 2015

    Congratulations Mirriam on your great proposal. All the best in your business.
    To lenders, kindly visit my loan page too.
    Thanks.

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  • Collins    Jun 2, 2015

    All the best in your business

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  • Millicent    Jun 1, 2015

    All the best Mirriam

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  • Juliet    Jun 1, 2015

    Hi Mirriam,
    Wish you success in your new proposal

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  • Kiprop    May 31, 2015

    Congratulations for completing the repayment of the first loan in time. I wish you all the best in your new proposal.

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    • Mirriam    Jun 1, 2015

      Thank you Geofrey. Thank you for inviting me and all the best too in your business

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  • Kennedy    May 31, 2015

    Congratulations Mirriam and all the best in your new proposal

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  • Mirriam    May 29, 2015

    Thank you so much lenders for the first loan you gave me. Zidisha loan was very timely- my shop had a few items at a time when the demand was so high in December. The loan helped me increase the stock of children wear and I appreciate the support.
    Right now I am planning to introduce shoes within the same shop.

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  • Mirriam    May 28, 2015

    Hello lenders,
    Thank you so much lenders for the support you gave me in the first loan. It helped me increase the stock and some profits also went to sending my first born to school. I have just posted the last installment and I look up to your support in the second loan proposal. Thank you again and God bless you

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  • Sydney    May 24, 2015

    All the best Mirriam

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  • Charles    May 20, 2015

    All the best my friend. God bless you

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  • Mirriam    May 1, 2015

    Hello lenders,
    Thank you so much for your support. My business is improving and I would like to increase the size of my weekly installments.
    God bless you all.

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