Inventory of bed sheets to sell

Marcela

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Marcela

Member since

May 2017

On-time repayments

123 installments  •  20%

About Me

My name Marcela, single mother of 2 young children - a boy and a girl aged 16 and 13 years respectively. I am a hardworking person striving to support her family with basic needs such as food, shelter and education.


I was born in a place called Taita Taveta, not very far from Kenya's coast line. The main activity here is farming but most parents prefer to send their children to big towns such as Mombasa once they are through with their education. They believe that, by doing so, they stand a better chance of succeeding in life since there are more opportunities there.

I found myself in Mombasa just after my formal education where I went to live with my relative. It is where I have been employed in many institutions on casual basis where I do clerical work and other minor duties such as running errands. I have been out of salaried work for the last two years hence my decision to start a business.

My boy would like to become a lawyer while the sister aspires to become a teacher.

My Business

I sell second hand clothes in my neighborhood. I normally chose my clothes from the market and then sell them from door to door. It is not an easy job but I like it since it has provided my family with their basic needs for many years.

I recently introduced bed sheets to my stock after I got the Zidisha loan. I wasn't quite sure whether my clients would respond positively tho this but I am glad that the gamble has paid off. I hope to keep adding more new items to satisfy the needs of my clients.

I hope to keep expanding the business and move it to a permanent store.

Loan Proposal

I will use the money to buy some bed sheets that I will then sell at a profit. This is a venture that I started just a month ago but showing huge potential. I will buy more stock so as to build on this momentum.

I will be able to buy 10 bed sheets which will give me a profit of anything between 20 and 30%. This will make my business grow even more and increase my sales and profit.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$39.00

Date disbursed

Jun 27, 2017

Repayment status

On Time

Projected term

9 months

Lenders

Franmiguel

Perth, Australia

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  • Marcela    Mar 9, 2018

    My business is doing well at the moment and my stock is depleted. I am working hard to turn the tide and hopefully I will recover soon and pay higher amounts again.

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  • Marcela    Nov 5, 2017

    Thank you lenders for the loan. I will use the money to buy more stock.

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  • Marcela    Oct 29, 2017

    Thank you so much lenders. I was able to add more stock and my business is doing well. I am looking for better days ahead with more of your support.

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  • Marcela    Oct 28, 2017

    Thank you lenders.

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  • Marcela    Jul 30, 2017

    Thank you so much for the loan. It has come at the right time when I want to get a new stock of shirts which are on high demand.

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  • Marcela    Jul 28, 2017

    I was able to get bed sheets which I have been selling to my clients. They were well received and this has helped me repay the loan in such a short time. Thank you very much.

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  • Marcela    Jun 30, 2017

    I received 3,938 KES on June 27th. I have already bought new stock and the business is doing well. Thank you so much.

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  • Marcela    Jun 22, 2017

    Thank you so much Franmiguel for funding my loan on the spot. This will go a long way in improving my business and that of my family.

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  • Marcela    May 20, 2017

    I will use the money to buy clothes and then sell them to my clients. This will help me with more income. Thank you so much.

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