Move to more spacious premises

Rosemary

Banana Hills, Kenya

100% repaid

Entrepreneur

Name

Rosemary

Member since

July 2014

On-time repayments

353 installments  •  70%

About Me

My name is Rosemary Wambui. Born near the capital city of Kenya - Nairobi. I went to local schools for my primary and secondary school and later joined a secretarial college where I qualified as a copy typist. I was then employed by the government of Kenya where I worked until 2001 when I was retrenched in a cost cutting measure by the government.

Without a job, I decided to join a tailoring college where I was trained in embroidery work. I then started my own business with my savings. My business entails making table clothes which I then sell to clients to be used to cover their chairs and tables at home. I am a mother of three kids one who is through with his education and other two who are still in school.

My Business

I make table clothes using a sewing machine for doing the embroidery work. This is how it works: I buy a plain material made of cotton, cut it into small pieces as per the clients requirements and then do the embroidery work on the pieces. One set is made up of 12 such pieces which are for covering 1 sofa set and a coffee table. The cost of one set is about $12 and I sell the completed set at $20. In an average month I am able to make and sell about two dozen sets. My overheads are quite low since I work from home and most of my clients communicate with me through my mobile phone. I normally get new customers through a word of mouth spread by my satisfied old customers.

I use the money from this business to feed and educate my children. When given a loan by Zidisha, I hope to buy another sewing machine because the one is have is very old and it keeps breaking down every now and then.

I have tried to save money to buy a new one but there are many demands for the money. This is a change I really want make use of and I will be able to repay the loan comfortably since the business is quite profitable.

Loan Proposal

For a long time, I have been operating in a small cubicle which doubles as my workshop and my show room. This has hindered my growth since I am not able to showcase my work in a good way. My plan is to move to more spacious premises where I will be able to partition into two areas – one to serve as a workshop while the other one will be the showroom.

This extra space will also allow me to get a extra worker who will help me in running the business.
The rent and lease agreement for the new place will cost me USD 200. I will use the remaining money to partition, paint and brand the new premises.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$583.00

Date disbursed

Oct 9, 2016

Repayment status

On Time

Projected term

64 months

Lenders

Paul Buchheit

Mountain View, United States

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