Purchasing leather sewing machine for shoe business

Joseph

Kawangware, Kenya

100% repaid

Entrepreneur

Name

Joseph

Member since

February 2015

On-time repayments

52 installments  •  19%

About Me

I am the first born in a family of 3 children and I grew up in the slums of Nairobi whereby life was hard because my parents were unemployed. My father passed on when I had joined secondary school and so I had to drop out of school and support my mother to take care of my siblings. I secured a casual job where I worked hard and used my salary to support my mother and partly put aside to enable me resume secondary school.

My employer allowed me to join school and work after school and over the weekend. I struggled with various challenges and finally completed and continued work and started saving so that I could establish a business which will enable me to earn more money and provide quality life to my mother who is sick because of old age.

My Business

I started shoes repair business as I had the passion and their was need in the community because no one offered the services. My business has been in existence for over 4 years and it involves repair and offering polishing services to the local residents. I have completed training in leather work and now want to start producing shoes as well as repairing which will enable me to increase my profit which I intend to use to offer good medical care for my mother as well as start my own family and in the long run expand my business into big shoe production.

Loan Proposal

My business involves repair and making of shoes and the demand for the products is high because very few business people are involved in the business thus I intend to use part of my savings and Zidisha loan to buy a second hand sewing machine at $ 85. The machine will enable me to produce various kind of children ,women and men shoes thus offer my customers alternatives to choose from. This will increase my profit which I will use to support my sick mother as well as expand my business so that I can start my own family.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Feb 13, 2015

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

P

Philippe

Adliswil, Switzerland

BJ

Brandon Joz

North Carolina, United States

Jouni

Finland

ads68

Melbourne, Australia

Kathunka

Bern, Switzerland

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  • Joseph    May 8, 2015

    Hi lenders,

    I am grateful for making my dream become a reality. I love Zidisha community.

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  • Joseph    May 7, 2015

    Hi lenders,

    I wish to thank all who have contributed towards my loan and also wish to invite more lenders to consider contributing towards my loan before time elapses. I intend to buy the machine from local distributor because they have offer for the machines as well as offering one year guarantee & technical services hence this offer is only for a limited duration. Contributing towards my loan will open up opportunities for me and other local people. Please consider lending me.

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  • Joseph    May 5, 2015

    Hi lenders,

    I am grateful to all who have contributed towards my loan and also wish to invite more people to lend me so that this can be a reality. Your support has double impact both to my family and the local people who will be hired.

    Thanks in advance for considering to contribute towards my loan.

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  • Joseph    May 2, 2015

    Hi lenders,

    I wish to thank all who have contributed towards my loan and wish to invite more people to contribute towards my loan. Through your lending, I will be in position to buy 2 more machines and hire to local people. Your lending with have double impact to our community. Thanks for considering to lend me.

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  • Joseph    Apr 30, 2015

    Hi lenders,

    I am grateful to all who have contributed towards my loan and wish to invite more lenders to contribute so that I can acquire the 2 machines which will enable me to start meeting my customers demand hence increase in profit.

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  • Joseph    Apr 29, 2015

    Hi lenders,

    I wish to thank all who have contributed towards my loan and wish to request more to contribute so that I can successfully expand my business thus creating employment for other local people as well as generating more profit to ensure my aging mother has good health care. Please contribute towards my loan

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  • Joseph    Apr 27, 2015

    Hi lenders,
    I wish to thank all who supported my first loan because it has really assisted me to acquire leather machine which contributed towards serving more clients as well as increase in my profit. I have successfully completed repaying my loan and now kindly request you to support my second loan so that I can buy 2 extra modern leather machines and hire 2 more local people so that my business can meet the ever increasing demand for the new shoes.

    I will continuously update you on the progress of my business as well as ensuring the weekly installments are made at the right time.

    Thanks in advance for considering to support my second loan !

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  • Joseph    Apr 27, 2015

    Hi Zidisha team,

    kindly update my account !

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  • Joseph    Apr 26, 2015

    Hi lenders,

    Am grateful to all who have supported my first loan because it has enable my business to serve more clients hence increasing my profit by 70% which has enable me to offer quality medical cover for my aging mother and also expand my business. I intend to use part of my profit to expand my business by offering training services to local youths and women so that they can start their own business thus becoming self reliant and independent.

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  • Joseph    Mar 20, 2015

    My recent deposits have not been reflected , kindly update the accounts.

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  • Joseph    Mar 19, 2015

    Hi lenders,

    Am sorry for delaying to send my weekly instalements and this is because I fail sick and spend a lot of ti me to hospital and also most of my savings but am okay and back to work. I have deposited kshs 580.

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  • Joseph    Mar 2, 2015

    My recent deposits have not been reflected , kindly update the accounts.

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  • Elijah    Feb 26, 2015

    Joseph,
    Am so happy to see your great work of leather.

    I wish you the very best in the business.

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  • Joseph    Feb 22, 2015

    I successfully received the loan and I used it to buy the leather machine and now I have started the production. My daily sales have started to increase and I have deposited the first loan installment.

    Thanks lenders and be blessed

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  • Joseph    Feb 13, 2015

    I wish to thank all the lenders who have contributed toward my loan as my dream is almost becoming reality ! Thanks lenders and have a lovely valentine

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  • Joseph    Feb 13, 2015

    I wish to thank the lenders who have contributed towards my loan and wish to request more lenders to contribute towards my loan so that I can buy the sewing machine. My profits will increase as a result of production of shoes so I kindly request more lenders to support. Have a blessed day

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