Ladies & children shoes,handbags and jewellery

Lilian

Eldoret-kapsoya, Kenya

100% repaid

Entrepreneur

Name

Lilian

Member since

January 2015

On-time repayments

11 installments  •  73%

About Me

I am the first born in my family and was raised in Bungoma. Got married and have five children. Went to study for my bachelor's degree after having my two sons. i was able to handle the challenge of being a wife,mother and student well.
I began my business last year after having a challenge of getting permanent job.
Where we stay we have Sudanese {refugees} and their culture is great especially their diet.
My first born wants to be an engineer, another one a doctor, a pilot and a business man. That is great. I bless the Lord for His goodness.

My Business

my business entails selling shoes and bags especially ladies and children. i chose this business because women are good spenders unlike men, they always buy something good.
The amount I get as revenue is from my overall sales,the costs are transportation and cost of the purchases of stock.
The profits I get 50% goes back into the business because its still growing, 20% for food,20% school fees and 10% savings.

Loan Proposal

I would like to add the stocks of my business especially:
. Jewelry at the cost of 20 dollars.
.Buy pants at the cost of 20 dollars.
As time goes I expect to grow bigger and be an employer too.
I expect to double my profits and improve my life and the welfare of my family.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 20, 2015

Repayment status

On Time

Projected term

2 months

Lenders

Franmiguel

Perth, Australia

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  • Lilian    Dec 15, 2015

    Hi lenders! How are you? Its been long since my first application but just thanks to you. I was greatly impressed by the money coz though little but was able to add my stock of jewelry and had good sales snd profit . Thanks

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  • Franmiguel    Apr 15, 2015

    Hi Lilian,
    Thanks for being such a great borrower.
    I hope that the loan has helped you in your business.
    All the best in the future.
    Michael

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  • Lilian    Apr 9, 2015

    Hello lenders. Blessings to you. Sorry for my delays in repaying my loan. My children fell sick with malaria and my taking care of them tool a toll on me thus was not able to pay on time. Thanks

    I also added some pairs of shoes for sell. Bought them at Iganga-Uganda. Hoping to add more stocks and even get a shop instead of hawking them. I have realised that customers fail to pay on time when I go to collect my money. So I thought a shop will give me better returms because transactions will be mostly cash. Thank you lenders

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    • Franmiguel    Apr 9, 2015

      Hi Lilian,
      I am sorry to hear about your children, I hope they are feeling better soon.
      Having your own shop is a great ambition to have.
      All the best
      Michael

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  • Boniface    Apr 7, 2015

    Hoping to help Lillian change her installment amount.

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  • Franmiguel    Mar 25, 2015

    Hi Lilian,
    I love to hear the words "huge" and "profit' used in the same sentence!!
    I am glad to hear that things are going so well.
    You must be proud of your son.
    I have 2 boys, 10 and 12.
    The eldest started high school this year.
    All the best
    Michael

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  • Lilian    Mar 23, 2015

    Hi Zidisha lenders! I was able to buy earings at wholesale price and made a huge profit. Bought each at 120/- and sold between 200/- and 300/-. The cost was 3600/-
    Was able to add more inventory and to date am going on well.
    My son just joined form one at Chebisaas Boys, it was tough but God saw us through the preparations of taking him to school. I spend part of my profit to shop for my son's necessities. He went to school happy and I was at peace. Thank you Zidisha lenders

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  • Franmiguel    Feb 26, 2015

    Hi Lilian,
    Great to see that you are doing well and always repaying on time.
    Thanks
    All the best
    Michael.

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