Add new styles of ladies' and children's clothing to my shop

Esther

Magongo, Mombasa, Kenya

100% repaid

Entrepreneur

Name

Esther

Member since

February 2014

On-time repayments

91 installments  •  36%

About Me

I am a born again Christian, hardworking and ambitious, I was born in kitale Trans-nzoia District. I am the last born in a family of eight. I am a married blessed with one child. I completed my primary school education in 2002 at Gateway Primary in Bungoma. In the year 2003 I joined Lugulu Girls’ School where I later obtained my secondary school certificate in 2006. In 2008 I joined Maseno University for a Bachelor’s Degree in Business Administration and Graduated in 2012 with a second class honors lower division. After my internship I decided to stay at home and take care of my family and start a business that can keep me busy and the same time allow me time to take care of my young family. After a proper analysis on the problem that the ladies were going through to access the kind of goods and services that I was willing to offer. I started a khanga (leso) selling business where ladies and at times men place their orders as to how many pair they wanted and I supply them with the same and wait for payment at the end of the month. I started this business so as to increase my income generation and support my family. I use the part of the money generated to maintain my business started as well an expansion of the business, this involves enabling proper services by ensuring that I deliver all the ordered goods on time.

My Business

I largely rely on the profits generated from my business. My customers are mostly ladies and at times men but of a smaller percentage. I sell khangas to both individuals and business people. I operate in an area with less competition thus working to my advantage. Demand for my services is high given that the brand and quality of the fabrics is on the higher side. Due to efficient and effective service delivery this has made my business the most preferable to my customers by meeting their needs in a timely fashion. The business operates with one major risk which is bad debts where some customers move houses and do not make their residence known making collection of debts quite difficult, to ensure this does not occur I have made sure the most of my customers know each other and relate well. The business generates a minimum profit of three thousand, five hundred shillings weekly making my monthly profits to not less than ten thousand shillings a month, this puts me in a position of managing any loan that I may acquire for the expansion of my business.

Loan Proposal

First and foremost I give my thanks to zidisha lending team for the previous loan which has not only made a great impact into my business but my life at large. am taking this opportunity once again to make this new request so as introduce new goods to increase my target market from khangas to ladies and children outfits. this will create a one stop shop for ladies to purchase cloths and that of their children. thanks for your support in advance and God bless you.

Feedback

4

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Loan Info

Project Type

Classic Loan

Disbursed amount

$210.00

Date disbursed

Aug 1, 2014

Repayment status

On Time

Projected term

8 months

Lenders

mraph

Virginia, United States

Stefano Bertolo

Luxembourg, Luxembourg

E

Escalada

Bakersfield, CA, United States

D

dm151

Australia

P

pfeng

United States

Sputnik

Switzerland

K

KiraDee

United States

Ask Esther 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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  • Esther    Nov 22, 2016

    hello zidisha team, I would like to reduce the amount of instalment that I'm supposed to pay from ksh 1500 to ksh 500. this is due to a few family issues that have made it difficult for me to raise the current amount in time. I will adjust the amount later when I am able to raise a higher figure. thank you.

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  • Falex    Nov 3, 2016

    Hi Zidisha team to Esther's lenders I want to tell you she as said to start paying promptly and since her business is not good at this time but I advised her to adjust the installments and she has said to do so as from this evening 03/11/2016. thank you

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  • Esther    Oct 5, 2016

    Hallo zidisha team and lenders. This is to inform you that I received tthe loan I requested and so far I have registered as a new student of KASNEB. Thanks a lot for making this happen.

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  • Esther    Sep 19, 2016

    I would like to thank all lenders who have funded my loan. It is a great opportunity you have given me to further my education. May the good Lord bless you in abundance. Thank you.

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  • Matt B    Sep 17, 2016

    Esther - I hope you manage to raise the full amount. Best wishes for your studies. Regards, Matt in England.

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  • Falex    Aug 25, 2016

    Hi Esther, How is your business.
    When you have a problem don't hesitate to ask, zidisha allows you to adjust your repayment installment in case you need to pay more than your current amount or you want to lower it.
    be blessed

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  • Falex    Aug 23, 2016

    Thank you Esther for maintaining your responsibility to ensure you are remaining legible for zidisha funding organization. I urge to be always faithful with your work and it will pay back your sweat. I wish the best in your endeavors.

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  • Esther    Jun 9, 2015

    Thank you to lenders for the financial support you have given me. I received my loan a week ago amounting to ksh.19,147 and have been able to purchase the stock i needed. Thank you very much for your support.

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  • Magret    May 28, 2015

    great business proposal, wish you the best and may your losn be funded in time.

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  • Esther    May 15, 2015

    hi, zidisha team and lenders, all I have for you is a big thank you for your continuous support in this journey to success.

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  • Esther    Apr 1, 2015

    Hi Zidisha team and all the lenders. Thanks alot for your support and loan that I needed for the purchase of inventory for my clothes shop. I have received money amounting to 18078 which I have used in the purchase of a bale of children clothes. Thanks alot and may the almighty God bless your always.

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  • Margaret    Mar 20, 2015

    Hi Esther Congrats on success with your loan. Wish you all the best.

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  • Margaret    Mar 13, 2015

    That is a great photo Esther. Believe your loan will go thro with funding soon.

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  • Esther    Mar 10, 2015

    thank you Megan for your suggestion. I will post a new photo soon

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  • Esther    Sep 29, 2014

    i never thought I could be doing this but here i am rescheduling my repayment. this is because i had to take a break from my business for a few weeks to take care of my ailing sister and also take care of her hospital bill as she doesn't have an insurance. it has been quite a hard time for me as this was something that was unplanned for and has dug deeply into my finances hence my income generation is not as high as before but i hope with time the business will pick up and I will be able to increase the amount i will be paying weekly. thank you for your consideration.

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    • Sputnik    Sep 29, 2014

      It's no shame to reschedule as long as it's done responsibly. I wish you all the best in getting back on track.

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