Entrepreneur
Name
Beatrice
Member since
July 2014
On-time repayments
17 installments • 6%
About Me
my names are beatrice adhiambo umoja and i am a kenyan lady.i live in luckysummer esate and i am married and blessed with one child.i started doing my own business(selling bra's )because for one,i am very good in sales and marketing and making customers buy my products is not hard for me.i also do my business because i dont want my family to lack.i love singing,dancing and interracting people.i believe that if i work really really hard,i will be able to grow from walking from one house to another selling my products and be able to own my own shop where people will find me 24/7.
My Business
i am a self employed individual who sells women bra's for a living.females will always use bras and that puts it on high demand because there is no woman who can walk outside there houses without putting on there bra.the business is very profitable because when i normally sell one bra,it brings in 100% profit in return.i started my business with $10 and now it is making more that i could even imagine.i walk from one house to another selling this bras and people do buy.when i start working in the morning,by noon am through selling all the bras i have,forcing me to go buy some more.the problem i am facing in this business is that i buy my products from a person who also sells the same to people and is more expensive compared to when i buy wholesale.i end up buying 50 bras.sometimes when i go to one house,i find a lot of females who stay in one house and they buy all my products and i close my business for the day because i don't have enough bras.per month i normally use $40 to buy my products and for transport.i buy one bra at $0.50 and sell the same at $1 making 100% profit.so if i by 100 bras,i will make $50 in less than a day.i need the zidisha loan so that i can buy the bras in wholesale and work from morning to evening making more and more money daily.
Loan Proposal
when i get this loan,i will buy more bra's to sell which will increase sales because there is more demand for it.i normally buy 1 bra at $0.50 and get 100% profit.so if i want 1000 bra's,it will cost me $50 which is very expensive compared to when i buy a bale of bra's which contains very many bra's at $140 and make 150% profit.right now i don't have a shop to sell my products.i usually walk from one house to another selling the bras but if i sell the whole bale of bras,i will be able to buy another bale at $140,set up a shop for my client to get the products at all time at $35,have $20 extra cash to feed my family and be able to save $15. i believe if lenders help me make this purchase,i will be able to pay the loan at the agreed time,expand the shop and add other products like baby and adults clothes and save money and become a lender in zidisha.org
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Aug 19, 2014
Repayment status
Late
Projected term
3 months
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