Knitting and tailoring loan

Antony

Eldoret, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Antony

Member since

June 2015

On-time repayments

175 installments • 18%

About Me

My name is Antony Ndegwa of Eldoret town, Uasin-Gishu County, Munyaka Estate in Kenya. I am 41 years old, married with three daughters aged between 6 and 13. I am a welder fitter by profession with a diploma in welding and fitting work from R.V.T.T.I. Eldoret. I also have a certificate in tailoring and knitting work. I have been in this business for more than 10 years working diligently and focusing on my business success. My goal is to one day have a factory of my own and create employment opportunity in my county, especially for the youth who are suffering from unemployment.

My Business

My business is making school uniforms and knitting. I sell my products wholesale. This business is good because school uniforms in Kenya are compulsory. I normally buy the material of high quality and affordable price at a local factory and also from Nairobi. This allows me to sell my products at a competitive price within the county at wholesale price. I work with youth with special needs. I train them in knitting and tailoring. My center is registered under the Ministry of Gender, Children and Social Development as a self help group in a name faith of good hope (FAGOHO). This year, 2016, we have had 15 trainees doing tailoring and knitting.

Loan Proposal

I requesting for our loan of 10 US dollar . I am intending to use my loan to finish the second lot of ampath bags order and to help me buy small baton hole machine which is a gentry needed in the work shop . 50% of the loan will go for canvas bags material / fittings , 25% to buy machine and 25% For pre- uniform making . we believe that we shall pay the loan in time AND MAKE PROFIT ,
with regard
manager
ANTONY GITONGA

Show original English

About Me

MY name is Antony Ndegwa of Eldoret town uasin-gishu county munyaka estate in Kenya i am 41years age old married with three daughters aged between 6 and 13. I am a welder fitter by profession with a diploma in welding and fitting work from R.V.T,I Eldoret, i also have a certificate in tailoring and knitting work .i have been in this business for more than10 years working diligently and focusing in my business success, to one day have a factory of my own and create employment opportunity in my county especially for the youth who are suffering for unemployment.

My Business

My business is making school uniforms and knitting i sell my products in whole sell ,This business is good because the school uniforms in Kenya is compulsory ,i normally buy the material high quality and affordable price at local factory and also from Nairobi . which makes me sell my products in a competitive price within the county at whole sale price . i work with youth with special need i train theme in knitting and tailoring ,my center is it is registered under the ministry of gender and social development as an self help group in a name faith of good hope (FAGOHO ) this year 2016 we have 15 trainees doing tailoring and knitting .

LOA
I am happy that i finished my second loan very easily making a profit of 30% . I am requesting for my third loan of 20 US dollar . i am intending to use my third loan to make school uniforms order for second term i am currently having . 70% of the loan will go for material and fittings , 20% will be used for recurrent expenditures and 10% for servicing and refurbishing of machines . i believe that i shall pay the loan in time and make a profit of about 40% . I hope and believe you will consider my request as i remained a trustful zidisha member .
with regard
ANTONY GITONGA