New overlock machine for my tailoring shop

Anet

Alupe, Kenya

100% repaid

Entrepreneur

Name

Anet

Member since

March 2015

On-time repayments

26 installments  •  46%

About Me

My name is Anet Ouma. I am 24 years old. I was born in a polygamous family and I am the third born in my family. My dad was a policeman, while my mum is a housewife. My dad was killed by thugs while on duty in Nairobi. I went to Kaimosi Girls Secondary School. I later joined Sigala Technical College where I pursued a diploma in dressing making.

After completing my diploma in 2013, I looked for a job with no success. I finally landed a job in late 2013, but the payment was so poor. In early 2014, with $120 savings from my previous employment, I bought a sewing machine. I could not afford a premise by then, so I worked from my mum's house. I did quality work and advertised my business, and within a few months I got so many referrals and my business was booming. I rented a small shop in our shopping center that I use for my business.

I like dancing, singing, meeting new people and reading novels.

My Business

My business entails designing and dressmaking. The clients describe what they want, I design and get back to them. If they approve my work, then I go ahead to make the dress, using their preferred materials.

Designed dresses are very important in the society today, as most people prefer to wear what they like. I produce good quality work to help me retain my clients as well as get referrals for new clients.

In a month I spend $200 on buying materials, electricity and machine maintenance. My monthly revenue average is $380. I make an average of $180 in profits. I use my profits to pay school fees for my sister, save for business expansion, and take care of my family's general expenses.

Loan Proposal

I am requesting you sir/madam to help me expand my business through financing me to help me acquire a new overclock machine for my business. The new overlock machine will help me cut costs of hiring the machine at 0.5 per cloth and significantly increase my revenues. To add on that it will increase my efficiency and make me serve more clients. Thank you, and welcome to my shop.

Show original English  

About Me

My name is Anet ouma. I am 24years old. I was born in polygamous family and I am the third born in my family. My dad was a policeman while my mum is a house wife. My dad was killed by thugs while on duty in Nairobi. I went to kaimosi girls secondary school. I later joined Sigala technical college where I pursued diploma in dressing making..
After completing my diploma in 2013. I looked for a job with no success. I finally landed a job in late 2013 but the payments was so poor. In early 2014,with $120 savings from my previous employment I bought a sewing machine,I could not afford a premise by then so I used to work from my mums house. I did quality work and advertised my business,and with a few months I got so many referrals and my business was booming. I rented a small shop in our shopping center ,that I use for my business.
I like dancing ,singing, meeting new people and reading novels.

My Business

My business entails designing and dress making. The clients describe what they want,I design and get back to them. if they approve my work then I go ahead to make the dress,using there preferred materials.
Designed dresses are very important in the society today as most people prefer to wear what they like . I produce good quality work to help me retain my clients as well as get referrals to new clients.
In a month i spend $200 on buying materials,electricity and machine maintenance ,my monthly revenue average is $380.I make average $180 in profits
I use my profits to pay school fees for my sister a,save for business expansion and take care of my families general expenses.

Loan Proposal

I am requesting you sir/madam to help me expand my business through financing me to help me acquire a new overclock machine for my business. The new overlock machine will help me cut costs of hiring the machine at 0.5 per cloth and significantly increase my revenues. To add on that it will increase my efficiency and make me serve more clients. Thank you, and welcome to my shop.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Mar 23, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

B

bgalon

London, United Kingdom

sebastienrosa

Quebec, Canada

T

ToddK

Indianapolis, IN, USA, United States

ads68

Melbourne, Australia

mepster

San Francisco, Ca, United States

A

adamdreaming

United States

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