Open a branch and buy an extra embroidery machine

Rosemary

Banana Hills, Kenya

19% 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

I will use the money to open a new branch for my work. I am currently located in the backstreet. While the rent is affordable, I the visibility of the business is not very good and as such, I lose out when some potential clients can't find me.

I will retain the current premises and run the two places at the same time. I need to have another embroidery machine and also employ a helping hand due to the changes. Leasing the new place and fittings will cost me USD 500. I will then buy an embroidery machine at a cost of USD 350. I will spend the balance to buy other miscellaneous items.

This will be a major milestone in my business and it will definitely lead to more business. I will use the money to keep expanding my outfit.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,098.00

Date disbursed

Nov 5, 2017

Repayment status

Late

Projected term

44 months

Lenders

PG

Paul Graham

United States

Elise E

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Rosemary 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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  • Justus    Sep 12, 2021

    The borrower has promised to continue working hard and repay the loan

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  • Rosemary    Jun 27, 2021

    ok

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  • Madesto    Apr 2, 2021

    Rosemary agreed to adjust the installment and pay the dues by 10th next month.

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  • Madesto    Feb 25, 2021

    Rosemary romised to pay the dues soon

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  • Duncan    Feb 2, 2021

    She has promised to adjust her loan as per her weekly income.

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  • Rosemary    Jan 12, 2021

    Ok

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  • Duncan    Dec 29, 2020

    Wambui is willing to adjust her payments plan for a while.

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  • Nelson    Dec 16, 2020

    I have reached to Wambui,we talked little bit but at some exted she disconnected my call when she here the stroy about Zidisha

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  • Rosemary    Oct 15, 2020

    My business is down please.

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  • Timothy    Oct 8, 2020

    Wambui promised to make some money before the end of next week.

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  • Timothy    Sep 8, 2020

    Wambui has admitted to make repayment on 23rd of this month.

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  • Rosemary    May 23, 2020

    I am not in a position to pay more than this for now. Please bear with me.

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  • Rosemary    Dec 29, 2019

    For the next 5 weeks please as I sort out some issues.

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  • Rosemary    Oct 27, 2019

    Kindly allow me to pay this amount as I sort myself out.

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  • Rosemary    Jul 16, 2019

    I am still struggling to pay so allow me to pay this amount please.

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  • Rosemary    Jun 1, 2019

    My business is down. Kindly allow me to pay this amount for now.

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  • Rosemary    Feb 10, 2019

    Sorry, I can't raise more than this for now due to low business. Thanks.

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  • Rosemary    Nov 17, 2018

    I have some family commitments and therefore cannot raise the whole amount. I hope to be back with bigger payments soon.

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  • Rosemary    Nov 15, 2017

    I am glad I acquired the new premises. I will need a bit of time to settle since I am still fixing a few things. I will revert to a bigger amount once I settle. Thank you very much for your support.

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