Sale of traditional Kenyan "kitenge" wrap garments

Lydia

Kiptangwanyi, Kenya

100% repaid

Entrepreneur

Name

Lydia

Member since

April 2012

On-time repayments

200 installments  •  83%

About Me

Am happy and very grateful to Zidisha platform for giving me the opportunity to grow my business.from a humble beginning of selling second hand clothes to supplying clothes to my customers which could not be impossible if the Zidisha family never existed.The business is good as l look forward to expanding the business to East Africa community. l started the business when i realized the need for self employment as l am able to support my sister by paying her college fee. l relocated to Nakuru town after new opportunities opened up.l live in Racecourse Estate in plot number 628 that is 100 meters from the Friends church.l use my income to expand the business and grow myself economically.

My Business

l ventured into business some years ago so as to make a living where by l used to buy handbags and shoes retail them only for a 20% profit but the profit was so little to even make ends meet as l was supporting my sister who by then was in university but later on l decided to approach a good friend of mine who is based in Nakuru and was in the same business used to travel to Kampala and buy the goods in wholesale to show me the source. she agreed and having taken the loan with the zidisha to buy the stock l was able to take my business to the next level and since then my business has never been the same again.later on due to high competition in Nakuru l decided to venture into vitenge business as the competition was less and the vitenge material will always sell because it does well with chidren, women as well as men hence creating a demand.l buy a piece of kitenge that is usually 2.5meters at ksh 650 here in Nairobi from the businessmen who mainly import from Tanzania and Nigeria and sell the same piece of material from ksh 1000 -1200 to my customers.with the loan amount of ksh 67000 l will invest the money in the business where l will plan to use ksh 50000 to buy stock and the balance of ksh 17000 will take a driving course that will cost me ksh 12000 and the balance will use for my expenses. From the revenues l plan to reinvest again in the business as well as buy a cooker. The zidisha platform is worthy my commitment and l am really proud of it.To my lenders l am kindly requesting for your support to enable me achieve my dreams and may God bless you for your generous contribution towards my loan.

Loan Proposal

Dear all,l am grateful for the loans you have given in the past and have been of great help in deed. l will use the loan advanced to me of ksh 42367 to buy the locally produced materials commonly known as kitenges and sell them as the competition is very low. This will enable me to increase my profit and make more sales.Kitenges is a beautiful attire that is never out of fashion and worn by both gentlemen and ladies and the demand is very high.God bless my lenders and l am very positive that l will be able to grow my business,

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$499.00

Date disbursed

Mar 25, 2014

Repayment status

On Time

Projected term

7 months

Lenders

Ishaque

New Jersey, United States

karestan

Toronto, Canada

S

searthsong

Colorado Springs, United States

J

jjcharlie

chicago, United States

H

hugh1

Co Kerry, Ireland

KirstenShute

Montreal, Canada

TheMoonDuster

Brisbane, Australia

T

theotherjen8

Dunkirk, United States

R

Rking

Eugene, United States

camilberlin

Berlin, Germany

Cricketca

San Jose, United States

calvero

Bergen, Norway

bconrad

Seattle, United States

Zal0m0n

Atlantis!!!! x), Mauritania

Sarasota

Sarasota, Fl, United States

E

Escalada

Bakersfield, CA, United States

R

robertsk

Yuba City, United States

R

roozbeh

United States

G

GreenTomato

United States

Paul Buchheit

Mountain View, United States

S

sawnyc

United States

B

Bahista

Philippines

W

whlaing

United States

Ask Lydia a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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Summary

Amount repaid

$513.62

Amount remaining

$0.00

Date repaid

Oct 23, 2014

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 3, 2014 $15.15 Apr 2, 2014 $15.15
Apr 10, 2014 $15.15 Apr 2, 2014 $8.38
Apr 10, 2014 $6.78
Apr 17, 2014 $15.15 Apr 10, 2014 $15.15
Apr 24, 2014 $15.15 Apr 10, 2014 $1.60
Apr 23, 2014 $13.55
May 1, 2014 $15.15 Apr 23, 2014 $1.74
May 1, 2014 $12.88
May 3, 2014 $0.53
May 8, 2014 $15.15 May 3, 2014 $0.29
May 9, 2014 $14.86
May 15, 2014 $15.15 May 9, 2014 $0.44
May 16, 2014 $14.72
May 22, 2014 $15.15 May 16, 2014 $4.11
May 23, 2014 $11.05
May 29, 2014 $15.15 May 23, 2014 $0.72
May 29, 2014 $14.44
Jun 5, 2014 $15.15 May 29, 2014 $0.86
Jun 5, 2014 $14.29
Jun 12, 2014 $15.15 Jun 5, 2014 $0.41
Jun 12, 2014 $14.71
Jun 26, 2014 $0.04
Jun 19, 2014 $0.02 Jun 26, 2014 $0.02
Jun 26, 2014 $17.65 Jun 26, 2014 $17.59
Jul 3, 2014 $0.06
Jul 3, 2014 $17.65 Jul 3, 2014 $17.65
Jul 10, 2014 $17.65 Jul 3, 2014 $17.65
Jul 17, 2014 $17.65 Jul 3, 2014 $17.59
Jul 23, 2014 $0.06
Jul 24, 2014 $17.65 Jul 23, 2014 $17.59
Jul 31, 2014 $0.06
Jul 31, 2014 $17.65 Jul 31, 2014 $17.59
Aug 7, 2014 $0.06
Aug 7, 2014 $17.65 Aug 7, 2014 $17.59
Aug 14, 2014 $0.06
Aug 14, 2014 $17.65 Aug 14, 2014 $17.59
Aug 31, 2014 $0.06
Aug 21, 2014 $21.18 Aug 31, 2014 $21.12
Sep 4, 2014 $0.06
Aug 28, 2014 $21.18 Sep 4, 2014 $21.12
Sep 11, 2014 $0.06
Sep 4, 2014 $21.18 Sep 11, 2014 $21.12
Sep 18, 2014 $0.06
Sep 11, 2014 $0.00
Sep 18, 2014 $23.62 Sep 18, 2014 $23.59
Sep 25, 2014 $0.04
Sep 25, 2014 $23.62 Sep 25, 2014 $23.61
Oct 2, 2014 $0.01
Oct 2, 2014 $23.62 Oct 2, 2014 $23.62
Oct 9, 2014 $23.62 Oct 2, 2014 $0.01
Oct 9, 2014 $23.61
Oct 16, 2014 $23.62 Oct 9, 2014 $0.04
Oct 16, 2014 $23.59
Oct 23, 2014 $23.62 Oct 16, 2014 $0.06
Oct 23, 2014 $23.56
Oct 30, 2014 $0.47 Oct 23, 2014 $0.47

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