Name
Agnes
Member since
August 2015
On-time repayments
295 installments • 57%
I am Agnes, a business woman based in Mombasa Kenya. I am a mother of three children who are all in school. I am married and my husband helps me to run the family budget and also to secure our financial future.
I came to Mombasa from my hometown Thika many years ago. I was employed as a teacher but I later quit to venture into business because this is where I felt I belong. I am also an evangelist and I minister in churches around this region on Sundays.
I am also counselor and I attend to people with various needs when time allows. I believe in encouraging and guiding people to lead better lives and I do everything within my means to make this happen.
When I quit my job, I started to sell new clothes. I source them from big wholesale store both in Kenya and occasionally across the borders in the neighboring countries. I started small and I would take my goods to where my clients were especially in schools where I was already known.
This has continued to date but my business has grown quite a lot and I now have my own stall. I have also included selling shoes and this is doing quite well.
In spite of this relative success, challenges still abound and key among them is lack of affordable credit and this is the reason I have joined Zidisha. My average net income (after paying rent and licenses) is about USD 300 per month. I am hoping to expand the business by adding more stock and hopefully this will translate into more sales and hence more profit.
We are now heading to the end of year and there is always a surge in demand for quality clothes and accessories during this period. With this loan, I intend to make trip to Uganda (neighboring country) and buy some new clothes for ladies and accessories such as hand bags and chains.
I am targeting big spenders to buy these items as we approach the festive season. I am optimistic that this will be a success since I am well known in this business. I will spend about USD 500 to buy the stock and then use the balance for transport and other small expenses.
Thanks.
Positive
1
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$680.00
Date disbursed
Sep 30, 2016
Repayment status
On Time
Projected term
26 months
Other loans
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Erica Jan 16, 2018
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