Loan to buy more fabrics and sales supplies

Doreen

Bondeni Estate, Kenya

6% repaid

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How it Works

Entrepreneur

Name

Doreen

Member since

January 2015

On-time repayments

52 installments • 21%

About Me

i am a final fourth year student. I am the 6th born in a family of nine. I am humble outgoing and active in my activities. hence i do believe that my hardwork has enabled me to reach where i am today. Apart from my studies. i do embroidery and knitting so that i may get income to assist meet my basic needs and also raise a small portion as a contribution for my university fees.
i am a firm believe in self sustainance and i am a proof of that. by what i have been engaging in through the sales

My Business

My business deals with knitting and embroidery. some of the products i do are.: bed covers, table cloths, curtains, cushions, pillows, seats covers and many more items. i have done it in one year and i have seen it help me pay for my basic needs and requirements that i need in school.
The money i am requesting will help in buying more materials to help me produce more and quality work for my clients. my hardwork and goals together with your belief in me to meet the goals will help me success in this business. i am asking you to support me, because i have what it takes to make it

Loan Proposal

The money that I am requesting is for my continued expansion. I deal with knitting and sale of clothes, bed covers, seat covers and other clothing materials. The business has grown tremendously. Most of the stock I make by knitting. Others I buy from big wholesalers and sell them to students, door to door sale and delivery.
I hope to open a shop in the next 2 months which will act as a store house and a shop for all my products. Some of the stock I plan to purchase are:
Fabrics =$80
Clothes for resale= $100
Miscellaneous purchases= $40

Feedback

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Neutral

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Negative

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Loan Info

Project Type

Classic Loan

Disbursed amount

$231.00

Date disbursed

May 12, 2015

Repayment status

Late

Projected term

9 months

Other loans

Jan 2015: $100

Lenders

Hong Kong, Hong Kong

Naarden, Netherlands

Utrecht, Netherlands

Brussel, Belgium

Brookline, MA, United States

mepster

San Francisco, Ca, United States

reluck

Marseille, France, France

The Zidisha Team

United States

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Doreen Jun 30, 2015

In Kenya right now. My business is affected by the high amount of rainfall which is hampering the way i sell and the sales volume are also small. this has greatly lowered the way i sell and thus hindering me from making money. i hope in two months time i will manage to cope

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David Jun 25, 2015

Hello lenders,
Am writing concerning Dereen Mwanje her arrears. When I called her she told me she was on her way home and that she would call on arrival. Otherwise she said she on arrangement to pay though let me wait to hear from her and come back to you in a while.
Thanks.

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Doreen May 12, 2015

Thanks you so much Lenders for the Loan i have received. I plan to buy more fabric that will go a long way to improve my stock and increase my sales.
Indeed i am grateful and i will repay on time

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Doreen Apr 12, 2015

I have enough cash due to the recent sales that i made and so i felt the need to finish my loan earlier

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- Hope2012 Apr 12, 2015
  
  Congratulations
  
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Doreen Apr 12, 2015

Its been a great experience here at Zidisha. I have made more sales compared to previous case when i had not received financing.
I look forward to grow more with the new loan i get once i finish this one. Thanks to u lenders

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Doreen Jan 22, 2015

I received my loan and I want to take this moment to thank all who funded me and helped me get it.
Next is for me to buy the stock that i need. thank you so much

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- Hope2012 Jan 23, 2015
  
  Thanks for checking in and confirming that the loan was received, it really helps when borrowers keep us updated. Best wishes with your business, I do believe in you
  
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  - Doreen Apr 12, 2015
    
    Thank you so much hope. i am doing well now
    
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Doreen Jan 21, 2015

Thank you very much lenders for your assistance and Loan. it is a great help and i really appreciate your consideration. I won't let u down in my repayment

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