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Entrepreneur

About Me

I am a 25 year old girl,single and i have completed my degree studies and have not yet secured a job yet for myself.I was born in Silibwet,Bomet County in a village called Kipngeno.I did my primary education and secondary near my home area and I was a very bright girl.I had enrolled in Nairobi university where i took a bachelor's degree in Anthropology where i graduated in the year 2012. I come from a polygamous family,I have two stepmothers and TWENTY SIX siblings and ten of them are in school,my father is a peasant farmer and my mum is a peasant business lady.our family income is low it cannot support my siblings in various colleges and high school,that is why i have ventured into business with my mother to help raise our income.My earnings from the the business have been used to pay school fees for my siblings.I assist them especially to get them pocket money since my earnings cannot help with the fees much since it is small.

My Business

I run a small clothes shop at Silibwet,Bomet County.I sell clothes and shoes in my boutique.I started the business from the savings that I made in campus.I also sell cosmetic products and jewellery in the shop.I have ran the shop for the past 11 months and it has grown so much especially with the assistance from zidisha lenders.

I started off with a capital of 120USD but now the business is worth over 450USD and it is still growing.
I make a net profit of around USD170 a month after paying off the costs.
I have employed a very hardworking,and trustworthy lady to work with me.
I stock very selective and classy outfit that catches the eyes of the customers who are the youth especially.
My business is doing well so far: I travel to Nairobi to buy my stock at cheap wholesale prices from Gikomba,Easleigh ,Muthurwa and Ngara markets..My stock includes: Weaves for hair,perfumes,earrings, bangles,necklaces and my market target includes the youth especially and also it cuts across all age groups.
The challenges I face include stiff competition that I face from similar shops but I ward them off buy stocking the best,good customer relation and giving my customers the best prices.
Another challenge is insufficient capital and space to accommodate the new stock.

Loan Proposal

Zidisha loan will help me expand my business.
I will use 35USD rent my own shop so that I have the freedom to run it and have enough space to stock more.As I said earlier,I stock my products in my mum's shop.
I will also use 81USD to buy more stock since I always run short of stock.My stock includes weaves for hair,perfumes,earrings, bangles,necklaces and other jewellery. I will also use it to diversify and buy other marketable products such as lotions and even shoes.
I will use 15USD to employ someone needy to help me with the business and in so doing,I will be able to create a job to someone jobless like me.
10USD will be used for logistics,including transport of stock from Nairobi to Bomet, others I will save for any emergency.
The lenders should support me for this since it will not only turn my life around financially,but also for my poor siblings in school.I will also be able to employ someone and in so doing create a job opportunity.I cannot do this alone,so help me grow.
Thank you.

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Loan Info

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