Stock men's clothing in my secondhand clothing shop

Catherine

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Catherine

Member since

February 2015

On-time repayments

46 installments  •  43%

About Me

my name is Catherine Kemunto Nyakundi. I am 26 years old from Kenya. i am the 5th born in a family of 9 children. i finished my secondary school education in the year 2007 and scored a C+. I started doing business in 2008 where i sold clothes at Gikomba market. in December 2009, i enrolled in school based program at the University of Nairobi where i studied BED(Arts). I finished my course in 2013 though I could not graduate due to school fees arrears. I embarked on my business in the same years where am working towards clearing the fees an graduating this year 2015.
My greatest dream is to became a renown business woman. I discovered this after i tried teaching in several secondary schools and realized that i could business better. i enjoyed doing business more than my career choice because i realized there was more to business than in a class. that is not to say that teaching is bad.

I am now planning to stick on business and enroll in a business course next year so that i can add more knowledge in the field .

My Business

My main source of income now is my skill in beauty which i do in my home.
my services include; plaiting, weaving,manicure and pedicure. i do this on my customers who know me and have been working with me for some time. I make around 2000 or less per week from this venture.

Apart from this, i also sell second hand clothes at my small shop. i sometimes deliver them to my customers any time and any place. from this business, i make 4000 or more during a good sales day.

Did i tell you that am also a farmer, well i guess i didn't. This month has been been a busy one since i have been working on my four acre farm in Narok. I dont own the land i leased it on a one year contract. its planting time, after long wait for the rains.

Loan Proposal

The firs loan was quite a dream come true because i managed to buy a blow dry for my costomers at home. The loan am applying for now for my clothes shop where i sell second hand clothes. since its holiday business is booming this month of april and customers are many. I intend to stock more clothes for men both shirts and trousers. i was previously selling shirts only but with time am planing to sell all clothes male and female and even children. This is the purpose of the loan am applying for. Thank you.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$111.00

Date disbursed

Apr 21, 2015

Repayment status

On Time

Projected term

4 months

Lenders

C

Christian

Saarbruecken, Germany

A

ashtanga99

Newport, United States

J

jzidi

Los Angeles, United States

A

Anonymous

United Kingdom

Paul Buchheit

Mountain View, United States

Matt B

Stratford Upon Avon, United Kingdom

KD

Kent Don

United States

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  • Franmiguel    Dec 5, 2016

    Hi Catherine,
    Happy Holiday Season to you.
    I hope you and your business have a great 2017.
    Regards
    Michael

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  • Oscar    May 9, 2016

    Dear Lenders I communicated with One of Catherine Contact Person Concerning Her Zidisha loan and He told me Catherine lost her Job and Currently she is at Home with No Proper Source of Income to be able to pay her loan at the Moment.
    Thank you

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  • Oscar    Feb 22, 2016

    Hi,Lenders I did some follow up with Catherine Contact person over the week He told me he will talk to her and give me feedback as to why Catherine she has not been able to updated her Zidisha Account.
    Thank you

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  • Franmiguel    Jan 28, 2016

    Hi Catherine,
    I just thought that I would touch base to see how you were doing.
    I hope that all is OK.
    Regards
    Michael

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  • Oscar    Jan 19, 2016

    Dear Lenders I Communicated with Catherine Contacts and He Told me,he will get in touch with Her within the week and Get back to Me, i will update you on her progresses.
    Thank you

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  • Oscar    Dec 18, 2015

    Dear Lender i did follow up with Catherine i called her she several times but her Mobile was unreachable i will call some of the contacts to find out whats the issue with Catherine and update you as soon as possible.
    Thank you

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  • Franmiguel    Dec 17, 2015

    Hi Catherine,
    Happy Holiday Season to you.
    I hope you and your business have a great 2016.
    Regards
    Michael

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  • Franmiguel    Dec 17, 2015

    Hi Catherine,
    I notice that you have yet to make your first repayment.
    If you are having trouble with the repayments, you may wish to formally reschedule them in order to protect your On-Time Repayment score, which will be critical should you require to borrow in future.
    I hope that all is well.
    Michael

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  • Catherine    Nov 17, 2015

    thanks for funding this loan. with it i will just add my savings to add stock.the stock will help me sell better.

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  • Catherine    Sep 8, 2015

    i finished paying my loan four days ago but its not reflecting.. is there any problem??/

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  • Catherine    Sep 8, 2015

    hallo zidisha. the last loan was so helpful my business is so far in another level..

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  • Catherine    Aug 1, 2015

    my second loan has been so helpful tho i had to reduce the instalment, my business is picking well and am so thankful.

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  • Catherine    Jun 8, 2015

    the adjustment above is due to the drop in sales caused by the heavy rains which has made customers to switch their preferences to warmer and heavier clothes. Am also adjusting to the same to meet my customers demands.

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  • Catherine    May 14, 2015

    hello zidisha team. am glad i got the loan i requested.with it i managed to stock my shop which earned me 100% profit..i managed to acquire a computer system that i plan to use for my projects and also for communication. it costed 36000 ksh. Thank you for making my work easier

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  • Catherine    Apr 25, 2015

    i want to thank zidisha for the loan i recently recieved i was able to stock my clothes shop which is doing well..thank you for the support.

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  • Catherine    Apr 21, 2015

    thank you for funding this loan. with this i will be able to stock my cloths shop. it will help me big deal because some of my customers have already placed orders.

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  • Catherine    Apr 8, 2015

    First i would like to thank zidisha for the loan. with the machine i bought, i am now making more income than before. I previously told you about my plan of opening a salon. The plan is still on but at the moment business is good at the clothes shop therefore i need to stock it.

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  • Catherine    Mar 3, 2015

    Hallo. I want to thank zidisha for the loan i got. With it i was able to acquire a blow dryer which has made my work easier. thank you.

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    • Matt B    Mar 3, 2015

      Thank you for the update. I am pleased to hear things are going well for you and your business.

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  • Catherine    Feb 17, 2015

    Thank you for accepting me.

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  • Matt B    Feb 14, 2015

    Good luck with your business!

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