Betty
Eldoret ,kamukunji Bondeni Estate, Kenya
100% repaid
Name
Betty
Member since
January 2015
On-time repayments
235 installments • 54%
I am a single mother aged 42 years old ,born in Trans nzoia district (kitale -kenya) .I have two children ,the first one is a daughter just completed primary school education and joining form one next month.The other child is a boy in class seven .I myself have completed O level education but did not continue with college due to financial problems .After two years of my O Level I joined a course of knitting in catholic church near by .I finished the course in nine months time then I was employed as a knitter of sweaters in a private sector .
I found it difficult because the wages which I was being given were Not enough to meet my needs.I moved from trans-nzoia kitale place called Bikeke to Eldoret .In Eldoret I was still employed in private sector though at a much better pay than before.
During the period of my employment I was working under hash conditions which made me uncomfortable ,I was unable to tolerate so I decided to open up my own business ,I saved some money which enabled me to buy my own knitting machine and started working .I normally knitting sweaters and sell at a friendly price which attract many customers than my competitors. I decided to venture into such business because many pupil go to school in the area and the region where I live more than half of it is normally cold during the year thus demand every parent has to but sweaters for their children. Demand is high but the only challenge that I face is lack of enough capital especially when school are opening because the orders I normally have are always more than I can handle .My major market is supply of sweaters to schools and open air markets. My monthly cost of running the business is US Dollars 280 while average Gross profit before the expenses is usually approximately US Dollars 390
The following is how I normally use profits from the business:-30% School fees,50% Up keep i.e food and rent,5% Savings ,10% increase my business stock and 5% I support my aged mother.
Thanks all Zidisha lenders for giving me a chance to be part of the beneficiaries of your loan funding.
If I will be funded then I will use the loan i.e all the 200 US Dollars to wool for making sweaters for resale in the near by open air market .I believe that through your funding stocks will increase and I will never be stranded again for under supply.
Looking forward to our wise and best consideration.God bless you abundantly
Positive
4
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$187.00
Date disbursed
Jun 9, 2015
Repayment status
On Time
Projected term
8 months
Other loans
Ask Betty a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Amount repaid
$196.88
Amount remaining
$0.00
Date repaid
Feb 28, 2016
Status
Fully repaid
Expected Payments | Actual Payments | ||
---|---|---|---|
Jun 21, 2015 | $5.32 | Jun 21, 2015 | $5.32 |
Jun 28, 2015 | $5.32 | Jun 21, 2015 | $0.05 |
Jun 28, 2015 | $5.26 | ||
Jul 5, 2015 | $5.32 | Jun 28, 2015 | $0.11 |
Jul 5, 2015 | $5.21 | ||
Jul 12, 2015 | $5.32 | Jul 5, 2015 | $0.18 |
Jul 12, 2015 | $5.14 | ||
Jul 19, 2015 | $5.32 | Jul 12, 2015 | $0.28 |
Jul 19, 2015 | $5.03 | ||
Jul 26, 2015 | $5.32 | Jul 19, 2015 | $0.37 |
Jul 26, 2015 | $4.95 | ||
Aug 2, 2015 | $5.32 | Jul 26, 2015 | $0.40 |
Aug 2, 2015 | $4.92 | ||
Aug 9, 2015 | $5.32 | Aug 2, 2015 | $0.40 |
Aug 9, 2015 | $4.92 | ||
Aug 16, 2015 | $5.32 | Aug 9, 2015 | $0.45 |
Aug 17, 2015 | $4.86 | ||
Aug 23, 2015 | $5.32 | Aug 17, 2015 | $0.51 |
Aug 23, 2015 | $4.81 | ||
Aug 30, 2015 | $5.32 | Aug 23, 2015 | $0.56 |
Aug 30, 2015 | $4.76 | ||
Sep 6, 2015 | $5.32 | Aug 30, 2015 | $0.66 |
Sep 6, 2015 | $4.65 | ||
Sep 13, 2015 | $5.32 | Sep 6, 2015 | $0.40 |
Sep 13, 2015 | $4.92 | ||
Sep 20, 2015 | $5.32 | Sep 13, 2015 | $0.41 |
Sep 27, 2015 | $4.91 | ||
Sep 27, 2015 | $5.32 | Sep 27, 2015 | $5.32 |
Oct 4, 2015 | $5.32 | Sep 27, 2015 | $0.09 |
Oct 4, 2015 | $5.22 | ||
Oct 11, 2015 | $5.32 | Oct 4, 2015 | $0.05 |
Oct 11, 2015 | $5.26 | ||
Oct 18, 2015 | $5.32 | Oct 11, 2015 | $0.13 |
Oct 18, 2015 | $5.19 | ||
Oct 25, 2015 | $5.32 | Oct 18, 2015 | $0.39 |
Oct 26, 2015 | $4.93 | ||
Nov 1, 2015 | $5.32 | Oct 26, 2015 | $0.13 |
Nov 1, 2015 | $5.19 | ||
Nov 8, 2015 | $5.32 | Nov 1, 2015 | $0.18 |
Nov 8, 2015 | $5.14 | ||
Nov 15, 2015 | $5.32 | Nov 8, 2015 | $0.23 |
Nov 15, 2015 | $5.08 | ||
Nov 22, 2015 | $5.32 | Nov 15, 2015 | $0.26 |
Nov 22, 2015 | $5.05 | ||
Nov 29, 2015 | $5.32 | Nov 22, 2015 | $0.32 |
Nov 30, 2015 | $5.00 | ||
Dec 6, 2015 | $5.32 | Nov 30, 2015 | $0.08 |
Dec 7, 2015 | $5.23 | ||
Dec 13, 2015 | $5.32 | Dec 7, 2015 | $0.14 |
Dec 13, 2015 | $5.18 | ||
Dec 20, 2015 | $5.32 | Dec 13, 2015 | $0.19 |
Dec 20, 2015 | $5.13 | ||
Dec 27, 2015 | $5.32 | Dec 20, 2015 | $0.24 |
Dec 27, 2015 | $5.07 | ||
Jan 3, 2016 | $5.32 | Dec 27, 2015 | $4.56 |
Jan 4, 2016 | $0.76 | ||
Jan 10, 2016 | $5.32 | Jan 4, 2016 | $2.19 |
Jan 11, 2016 | $3.13 | ||
Jan 17, 2016 | $5.32 | Jan 11, 2016 | $0.53 |
Jan 17, 2016 | $4.79 | ||
Jan 24, 2016 | $5.32 | Jan 17, 2016 | $0.24 |
Jan 25, 2016 | $5.07 | ||
Jan 31, 2016 | $5.32 | Jan 25, 2016 | $0.28 |
Feb 1, 2016 | $5.03 | ||
Feb 7, 2016 | $5.32 | Feb 12, 2016 | $5.32 |
Feb 14, 2016 | $5.32 | Feb 12, 2016 | $0.47 |
Feb 14, 2016 | $4.84 | ||
Feb 21, 2016 | $5.32 | Feb 14, 2016 | $0.54 |
Feb 21, 2016 | $4.78 | ||
Feb 28, 2016 | $5.52 | Feb 21, 2016 | $0.26 |
Feb 28, 2016 | $5.25 |
nicole Nov 22, 2017
BernadetteV Nov 22, 2017
Loading...