More clothes for my business to satisfy the huge demand

Kibet Machuki

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Kibet Machuki

Member since

September 2016

On-time repayments

203 installments  •  35%

About Me

I was brought up in a Christian family in Nakuru,went through primary ,secondary and university level.I hold a Bachelor's Degree in Economics.
I went through various hurdles in life and later ventured into a small business using little capital.
I love my culture as it's the only culture that accepts any individual. Love playing football.

My Business

I have a business that deals with clothes for all genders and shoes for women. I get the clothes monthly from USA and some from Uganda and Tanzania then sell in Kenya. The items are in huge demand and I have lately been trying to increase my stock and luckily it's working out well and want to do more and more. I chose the business because of the less competition , profitability and also because of a potential market(Students from the nearby University and also the local communities).
Costs incurred is roughly Ksh.205500 and a gross profit of Ksh.420000 is realized.These profits have greatly improved thanks to Zidisha for boosting my stock and thus resulting to increased earnings. I use the profits to reinvest into the business by increasing stock and also paying my siblings school fees.

Loan Proposal

I currently have a business dealing with clothes for all genders and shoes for women. My business is doing extremely well and my products are selling at an awesome rate. I am seeking more funds to add clothes(for all genders) to my business which are in huge demand. At the moment , i am not able to satisfy the huge demand for the clothes. This being a valentine month, many orders have been placed and this has increased the need to stock more clothes hence the urgent to restock my shop.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$443.00

Date disbursed

Feb 17, 2017

Repayment status

On Time

Projected term

61 months

Lenders

Daniel

Brussels, Belgium

A

Anninymouse

Southampton, United Kingdom

C

Christian

Saarbruecken, Germany

B

BRWorthington

San Francisco, United States

TG

The Gwarden

Göteborg, Sweden

M

Meckel

Boulder, United States

cyrus0302

San Francisco, United States

E

erozlum

Istanbul, Turkey

COOPITALIST

Toronto, Canada

DeanDropshot

Oslo, Norway

I

ideerge

Mountain View, United States

J

Jdoyle

Kitchener, Canada

J

JBosshardt

Redmond, United States

S

soren

Göteborg, Sweden

ErikN

Stockholm, Sweden

Kjartan

Oslo, Norway

J

Jemilla

London, United Kingdom

R

ryanalysis

Port Jefferson Station, United States

J

jgillard

Winchester, United Kingdom

T

Tallago3

Munich, Germany

johnandmoliehi

Canton, New York, United States

A

aliasadsj

Queens, NY, United States

J

Johnrock702

Saint Augustine, United States

rodcul

Altea, Spain

C

cjmenchaca

Austin, United States

A

ante1

trosa, Sweden

BJ

Brandon Joz

North Carolina, United States

R

rmacaw

Australia

RockinRobin

Centennial CO, United States

B

briansedz

Canton, Ohio, United States

beverly

Vancouver, Canada

J

jjonas

berlin, Germany

B

Bavarian

Bavaria, Germany

T

tommmart

Seattle, WA, United States

G

grahamfamily

Guildford, United Kingdom

dajawein

Gladstone, Australia

T

TokyoBliss

Tokyo, Japan

Cloudways

Malta, Malta

R

RosieLea

columbus, United States

IA

Ismini and Jerry

Stamford, USA, United States

R

rpmccarthy

Sydney, Australia

R

rholden

glen iris, Australia

Matthew

New York, NY, United States

AdvancingCompassion

San Diego, United States

J

JoeSolar

Virginia, United States

pentatonicscale

Niiza-shi, Japan

G

Goodwill

Oakland, United States

ads68

Melbourne, Australia

R

Rking

Eugene, United States

S

Scodeb123

Huntsville, United States

A

Aaron

Zurich, Switzerland

rfriedenberg

New Jersey, United States

E

erogers

Vancouver, Canada

Sunnyside

Stafford, United Kingdom

Tania

Antwerpen, Belgium

A

alkemyst

Geneve, Switzerland

fairspirit

Utrecht, Netherlands

Z

zhihanchew1234

Tampin, Malaysia

mithril

Prague, Czech Republic

K

KnutG

Bergen, Norway

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Robert D

Houston, United States

K

kjustad

Asker, Norway

M

Marod

Edmonton, Canada

Zal0m0n

Atlantis!!!! x), Mauritania

K

kingcamo1095

Mountain Home, United States

A

AndrewC

London, United Kingdom

gseletko

South Perth, Australia

F

Forfex

Zurich, Switzerland

P

Pavane

Kungsbacka, Sweden

soniad

Dubai, United Arab Emirates

S

seikatsu

Palo Alto, CA, United States

C

christopherttran

Toronto, Canada

xtrahardware

Cazenovia, United States

MrCane

Montevideo, Uruguay

somuchjackson

Boston, United States

stroi08

Odense C, Denmark

B

BMcDermott

Washington, DC, United States

lizandsteve

guelph, Canada

E

E

Marin county, United States

NedRyerson

Munroe Falls, United States

sderickson

Berkeley, CA, United States

Z

zvrk2014

Brookline, MA, United States

pvilliger

Zurich, Switzerland

Dutchguy

Nijmegen, Netherlands

D

DCLending

United States

Justin

Connecticut, United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

P

phantomdiver

United States

S

stuartxyz

Denver, Colorado, United States

Pankratio

EastVan, Canada

Insomnus

Cheltenham, United Kingdom

L

leftyoctober

Minneapolis, United States

C

charleen

United States

smastermind

Jerusalem, Israel

mepster

San Francisco, Ca, United States

chriseyre

Fremont, Ca, United States

P

Panda6689

United States

TyWee

Manila, Philippines

B

bscent

Hong Kong

W

wesbh89

United States

D

Desteli

United States

Grant Xavier Storer

Seattle, Wa, United States

T

Tim47

United States

K

Keith

Luxembourg

K

KiraDee

United States

Otto Barten

Amsterdam, Netherlands

JonasL

Stockholm, Sweden

Rachael101

Brisbane, Australia

F

frenchy

United States

SuperMario28

Cudahy, United States

T

Tony1

Australia

Matthias Schulz

Berlin, Germany, Germany

Kyle Hoback

Omaha, United States

Voscke

Utrecht, Netherlands

KM

KHS Microfinance

Tampa, United States

S

Sven

Netherlands

Gab

Singapore

Dave Bogard

New York, United States

M

mmartin

United States

MD

Miles Dodge

CORVALLIS, United States

W

Wade

United States

JD

Jo Dane

Melbourne, Australia

Elly

Woudrichem, United Kingdom

PC

Patrick Clavette

Hartford, Wisconsin, United States

B

Beth

United States

E

erica

antwerpen, Belgium

CN

Cyprien Noel

United States

BV

Ben Veal

United Kingdom

JK

Hamburg, Germany

KD

Kent Don

United States

TB

Taylor Brown

United States

EB

Erica Brescia

United States

AF

Alysn Ford

United States

NH

N Holt

United States

C

cota

United States

JD

Jeff DePree

United States

Oliver Hasenberg

Iserlohn, Germany

Andri K

Baden, Switzerland, Switzerland

Pedro R-C

Cambridge, United States

Martin Nielsen

Aarhus, Denmark

F

Frits

Rotterdam, Netherlands

AK

Anita K

Maryland, United States

P

patricio

Yorba Linda, Ca, United States

N

Nick

United States

jo

Los Angeles, United States

A

Andrei

United States

AK

Achim Königs

Bonn, Germany

Taylor

Memphis, United States

Cliff

United States

AG

abel ghita

Bucharest, Romania, Italy

T

Tom

United States

KE

Karen Epolito

Syracuse, NY, United States

Q

qieter

Gouda, Netherlands

V

Vidar

Oslo, Norway

P

Phips

Switzerland

RC

Rudi Chen

United States

WL

William Lisa

United States

Ronda Lindsay

Coquitlam,, Canada

E

Elynne

United States

RB

Ruth Brown

United States

JA

Jan Andresen

Hamburg, Germany

Sinan Taifour

Munich, Germany, Germany

SM

Sachet Marion

United States

johannes

Taipei, Taiwan

E

Elle

New York, United States

TO

Thomas O'Neil

United States

Raymond Murphy

Carson Valley, NV, United States

J

Jon

United States

K

Katharina

Germany, Germany

Martin Kraus

Traiskirchen, Austria

Craig Newmark

United States

The Zinc Team

San Francisco, United States

SH

Stephanie He

United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

Day Family

Melbourne, Australia

Donald

United States

VC

Victor Chong

United States

L

Lastoni

United States

D

Dalton

San Francisco, United States

A

Anonymous

United States

GS

Gary Sinard

Franklin, TN, United States

Kenny

San Diego, United States

TB

Tim Barrett

United States

John Sercel

Florence, United States

JU

jeremy upsal

United States

IR

Iza Rudnicka

United Kingdom

D

David

United States

R

RMIM

United States

DW

Dan Winetsky

United States

WC

Walter Clarke

Phoenix, United States

B

Brian

Rancho Cordova, United States

D

darienfo

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

BL

Bill Lowery

United States

PL

Philbert Lin

United States

Ronald

Dättwil, Switzerland

Ask Kibet Machuki a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Kibet Machuki    May 21, 2020

    low cashflow

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  • Kibet Machuki    Apr 10, 2020

    With the loan i received ,i added stock to my business.I managed to make more earnings and also opened another branch.It also gave me an opportunity to serve my customers well.Thank you Zidisha.

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  • Kibet Machuki    Mar 1, 2019

    I am waiting for some money mid next month.

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  • Kibet Machuki    Oct 19, 2018

    i have been out of the country for 7 months,i have now come back and settling back. sorry for my delays

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  • Kibet Machuki    Jan 16, 2018

    With the loan I received,I purchased a new batch of stock for my business. I bought clothes for men and women,shoes for women , hand bags and school bags.
    This has really enabled me venture into another business of bags and it's actually selling very well.
    Moreover,my customers are really happy and they feel appreciated. My earnings have now increased by Ksh. 66,450 as profits. I have used the profits to reinvent back into my business and paying school fees for my brother.
    My brother is also doing very well in school and he's equally happy that he call now learn without interruption of being sent home for school fees.Thank you so much my Dear lenders and Zidisha.

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  • Kibet Machuki    Dec 5, 2017

    There's a low cash flow at the moment.

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  • Kibet Machuki    Nov 20, 2017

    This is to confirm the receipt of Ksh 120095. I have today received the added stock for my shop. This has been made possible by the loan that i was granted and my stock has really improved. The photo of my shop after adding the new stock is shown below. Thank you my dear lenders.

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  • Kibet Machuki    Nov 14, 2017

    With this loan,I am going to purely use it to add more stock in my shop. This will make more products available for my customers and will also increase my profits by upto 21%. Thank you so much my dear lenders. I love you all.

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  • Kibet Machuki    Oct 31, 2017

    With the loan I received,I bought stock for my shop. This included trousers,shirts,blouses and skirts.
    I also added women shoes on my shop and surely my stock has really improved. This also gave me an opportunity to introduce more people to zidisha since they were really inquiring where I got the loan thus promoting zidisha community.
    My earnings have increased by 42 percent and I have used the earnings to reinvest back into my business and also paying school fees for my younger brother. Thank you so much Zidisha.

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  • Kibet Machuki    Oct 3, 2017

    Hallo lenders,I would like to update you on tje performance of my business. My business has really grown and it's doing very well. My stock has really improved unlike before;before joining zidisha
    Thank you so much for the overwhelming support.

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  • Kibet Machuki    Aug 12, 2017

    With the loan I received,I did add more stock to my shop. I now have a good amountof stock and my customers have a wide range of products to chose from. Am so happy for my lenders and zidisha at large for enabling me reach this far. Thank you so much.

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  • Kibet Machuki    Jul 23, 2017

    I have started expanding my business room and as a result I have diverted most of my income towards the project. This will enable me have a larger room. I would therefore like to reduce my repayment amount temporãrily.

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  • Kibet Machuki    Jul 4, 2017

    This is to confirm that I received Ksh. 71829. I have bought stock in my house and surely there's a very big difference in my shop. Thank you so much my lenders. With in forever and ever.

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  • Kibet Machuki    Jun 30, 2017

    Thank you so much mu dear lenders.You have always been with me.I love you all so much.
    I am going going to use the loan to add more stock in my shop. This will really boost my stock and also enable my customers choose products from a wide range of products. Thank you so much once again.

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  • Kibet Machuki    Jun 24, 2017

    With the loan I received ,I purchased more clothes for all genders. This really boosted my stock and I am a living that zidisha has made a huge positive impact on my business. My earnings really increased by upto 26%. The students are now back from the holiday and I have really made good sales that have made me repay a good amount of my loan.
    I used the business earnings to reinvest back into my business amd I am really looking forward to a greater business success.
    I dedicate this success of my business to my dear lenders. You mean a lot to me and i love you all.Thank you so much.

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  • Kibet Machuki    Mar 6, 2017

    I have paid business permits for this year and i have used the rest to purchase more stock. Therefore i would like to adjust this week amount.

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  • Kibet Machuki    Feb 18, 2017

    This is to confirm the receipt of Ksh.42,819. This has really boosted my capacity to add more stock to my shop. I am going to use this amount to purchase clothes for all genders which are in huge demand. Thank you so much my dear lenders for the overwhelming support you have given to me. I love you all.

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  • Kibet Machuki    Feb 13, 2017

    My dear lenders, what could I have been without you?You mean everything to me and my business stands because of you.Thank you so much.
    I am going restock my shop with clothes for all genders and this will boost my sales this being month of love. Thank you so much once again.

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  • Kibet Machuki    Feb 6, 2017

    I added all-gender clothes and ladies shoes into my shop and this has been continuous ,using the profits generated and reinvesting back into my business.My profits have been significantly increasing and up to date,it averages 32 percent and a lot more is in store for my business in future. Thank you so much my dear lenders and Zidisha ,you put a smile on my face.

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  • Kibet Machuki    Jan 28, 2017

    Most of my customers cleared their their arrears on commodities they had taken in high purchases and also there was an increase in sales this week and there i would like to make an increased installment.

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