Overlock machine for making clothing
Vyonne
Port Victoria, Kenya
100% repaid
Entrepreneur
Name
Vyonne
Member since
January 2016
On-time repayments
43 installments • 79%
About Me
I was born in a rural village ,and was the third born in a family of 8 children , my dad passed on when I was 9 years and my mum raised us single alone.when I completed primary education there was no money to take me to secondary school.
I decided to join polytechnic to study art and design,I learn about molding,drawing and beading . while still in college I could make beautiful beads and sell them to my fellow students. from the beginning I knew I was in business.
After completing college I had n capital to start a business and had to borrow $200 from my friends mother to buy raw materials for beads,I couldn't afford renting a room and so had to hawk my products,it paid off and I was able to pay off the loan within one month. six month later I was able to open my shop.
I when I am not working , I find time to visit the sick,children homes and the very poor in the society and spend time with them and give them hope.
My Business
I provides unique paintings,t-shirts,curios, flower pots and printed mugs. I usually make them and display them in my room but sometimes some clients come with there own specific requirements.
the goods are always in demand because of the quality work .
i choose these kind of business because I loved art work and innovation. it has a room for expansion to include house decoration and land scape and that is where I am looking forward to reach.
In a month my costs are $200 and my income are $500 . I use the money I make as profit mainly for business expansion,supporting my family and use 10% to support the less advantaged in the community eg orphans,aged and people with disabilities through purchase of basics. Thank you dear lender.
Loan Proposal
I am glad I now have a sewing machine and can make my own t-shirts , these is all because of your kind heart.I am very thankful
I am kindly asking to borrow $100 to buy an overclock machine that would help me reduce my broduction costs by $60 per month ,since I currently hire the machine.the ovelock machine would cost me $150.thank you
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Loan Info
Project Type
Classic Loan
Disbursed amount
$101.00
Date disbursed
Apr 28, 2016
Repayment status
On Time
Projected term
24 months
Other loans
Lenders
United States
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