Loan to open a second boutique

Anne

Nairobi, Kenya

100% repaid

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How it Works

Entrepreneur

Name

Anne

Member since

November 2013

On-time repayments

272 installments • 80%

About Me

My name is Anne Mutile Mutiso, I'm 31years old.I hold a bachelor's degree in Finance.I am currently self-employed.I love traveling and reading and I am very passionate about entrepreneurship.

I lost my job in 2014 and since jobs were hard to come by i opted to start an online boutique as i look for a job.I ordered a few pieces of ladies stuff just to test the market and to my surprise the response was overwhelming and i sold everything within a week. I decided to order some more and i have been running the online boutique since then.
I have managed to expand over the years thanks to the zidisha loans and i now currently have 2 businesses.

My Business

I have been doing business for 2 and a half years now.

I used the first loan from zidisha to obtain a business permit for the boutique. The second loan enabled me to do fit out for my boutique and purchase inventory. The third loan enabled me to purchase a laptop for my business. The fourth loan enabled me to open a second boutique.The 5th Loan enabled to start a new line of business, selling unique household goods/Kitchen Gadgets.

Loan Proposal

I would like to request for another loan to open up a second clothes boutique in a different area.

Here’s a breakdown of the costs-:

Rent and deposit-$200
Stock to begin with-$200
Fit out(cabinets and shelves) -$120
Business Permit-$50

The current boutique has been a huge success and profitable (thanks to Zidisha) and i strongly believe the second one will be a great success as well.