Inventory of the latest ladies' clothing

Mary Wangechi

Chaka Village,kigango Area-nyeri County-kenya, Kenya

100% repaid

Entrepreneur

Name

Mary Wangechi

Member since

May 2015

On-time repayments

304 installments  •  53%

About Me

I am Mary Wangechi Tharao.I am a single mother, who own a small business of selling new clothings for profit. I have 3 grown up girls and 2 grown up boys.All of them are in various major towns looking for their greener pasture for survival.
I have in the past 4 years been active in my business,but in the recent months my business has been facing various financial challenges due to the raising demand of various new cloths especially on women,thus making me to look for a financial aid from Zidisha Microfinance to improve my small business.
With the profit I get I pay my grand daughter's school fees,pay my home bills,re-invest back to business and save for my future retirement kitty .Thank you.

My Business

I am in clothing sales category. basically i do buying in wholesale & re- selling new clothes as my source of income to my family. I sellall types of ladies clothes,men trousers, men socks, and now I want to stock new school uniform.
Most of my customers are ladies and few men.It is because ladies go with fashions and most of these clothes are sold faster compared to men's wear,and I have stocked ladies wear in all fashions in today's trending market .
The business is profitable and easy to manage since i have been in this business for the last 4 years now.Making the demand to increase compared to other home clothings.
My business is located along General Mathenge street here in Nyeri town,and it's licensed by the Nyeri county authority on an annual license renewable basis.
The total net profit that I will generate from the new stock,will be re-invested 40% back to the business,25% for my basic up-keep,15% for my grand daughter,s school fees and 20% saving for future investments.
Thank you in advance Zidisha team as you keep boosting my business to the next great level.Thank you all.

Loan Proposal

Thank you Zidisha fraternity for your continuous support and your endless generosity.Now i am planning to buy more ladies wear with this loan that i will be getting from Zidisha Microfinance team.There is a new latest new fashion that has arrived from Turkey and it's on high demand at the moment.The entire cost of the stock will be average 100 U.S.D.Support me in making my clothes business a successful one through your contributions.Thank you all in advance for the generous support.Welcome all for bidding.

Feedback

8

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  • KrautFunding    Oct 6, 2017

    Perfect performance! All the best for your next steps!

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  • Margaret    Oct 5, 2017

    Mary paid her loan off in a timely manner, I would gladly lend to her again!

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  • Margaret    Sep 25, 2017

    Mary paid her loan off in a timely manner, I would gladly lend to her again and encourage others to do the same.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$96.00

Date disbursed

Jul 6, 2016

Repayment status

On Time

Projected term

3 months

Lenders

A

anonymus

Moon, United States

G

Goodwill

Oakland, United States

ads68

Melbourne, Australia

A

Andy

Berlin, United States

mojobob

Hayward, United States

lizandsteve

guelph, Canada

Evan Lamos

Brussels, Belgium

T

thebonseung

Republic of Korea

Paul Buchheit

Mountain View, United States

Loungin

United States

djkmoran

United States

S

Stephan

Netherlands

CNV

United States

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

A

Anonymous

United States

A

Anonymous

United States

A

Anonymous

United States

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