Polythen bags

Angelah

Mombasa, Kenya

96% repaid

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Entrepreneur

Name

Angelah

Member since

January 2016

On-time repayments

23 installments  •  57%

About Me

I got exposed to hard work from early age. Used to walk long distance to and from school in high school I missed the entire 1st term due to lack of school fees. After college got a job but the pay wasn't sufficient to cater for my basic needs especially after i got a family hence more responsibilities. So from my mum's motivation i decided to venture in to business . The biggest challenge was to get rise capital . I started small . I count myself lucky for discovering Zidisha for this far I have come. I have grown from the polythene bags business to opening a cosmetic shop. This is a great achievement so far . I thank God and Zidisha for this.

My Business

I buy and sell polythen bags. They are important since they are used by green grocers and shop owners to park their goods . Buy supplying them I save them the hustle of going far to buy.I chose this kind of business since very few are selling the same and the goods i deal with aren't perishable. I incur costs like transport,rent.I use the profits for reinvestment and providing basic needs to my family.

I have managed to open a cosmetic shop which I am looking forward to expand . My Cosmetic shop is doing well and I have managed to start selling send hand clothes too.

Loan Proposal

I will add the loan amount to my cash in hand and buy more polythen bags for resale. This will boost my profit marginThe amount i had in had isn't enough to buy all the stock I needed so if I get the loan will at least buy more stock. I will buy V15 polythen bags which goes for ksh 55 per packet and resale at kshs 70. I will make a net profit of ish 200. The profit earned from this will enable me offset my electricity and water bills.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$10.00

Date disbursed

Mar 10, 2016

Repayment status

On Time

Projected term

6 weeks

Other loans

Jan 2016:  $10

Oct 2016:  $10

Nov 2016:  $10

Lenders

trincowski

Vilar, Vila do Conde, Portugal

D

Dragonclaw

Germany

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  • Angelah    Mar 2, 2019

    Dear My Good Lenders,

    Its with a lot of gratitude that I am writing to you. Your lending/helping heart has really changed my life and that of my family. I started small but you enabled me to grow. With you loan I have been able to expand my Polythene bags business to Cosmetics ,small scale Mitumba business and then finally to farmng.

    Through the profits from my shop I have rented a small peace of land where I have started growing tomatoes,Red paper, Green paper and Kales.

    This has enabled me to cater for my family's basic needs, pay school fees for my son and collage fees for my 2 brothers. My life generally has transformed wasn't able to afford a weekend out for my son but of late we are enjoying this.

    Through my business I have been able to create employment for 4 people from my neighborhood .
    I'm so grateful to be associated with Zidisha . Its the best thing that happened to me.
    May God bless you for the great work you are doing for the community.

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  • Angelah    Nov 28, 2016

    This is to confirm that I received a loan of 1,002 which I spend to buy 18pkts of braids for my cosmetic shop. Thank you so much .God bless you.

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  • Angelah    Nov 25, 2016

    I will use the loan to buy 18parkets of braids for my Cosmetic shop. This will enable me get more stock for my business hence increase may profit margin.
    I am so greatful for the loan. God bless you.

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  • Angelah    Nov 24, 2016

    I added my previous loan to the capital I had to open a cosmetic shop. I am humbly requesting my lenders to increase my loan limit to help me expand my business.

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  • Angelah    Oct 17, 2016

    This is to extend my gratitude to my Lenders for giving me a loan. This will enable me buy some second hand clothes for resale he increase my profits. Thank you very much. God bless you.

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  • Angelah    Oct 13, 2016

    This is to extend my gratitude to my Lenders for giving me a loan. This will enable me buy some second hand clothes for resale he increase my profits. Thank you very much. God bless you.

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  • Angelah    Apr 20, 2016

    Dear Lenders I am so greatful for the loan you lend me last time. It enabled me to buy more stock for my Polythen bags business hence increasing my profit margin.

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  • Angelah    Mar 11, 2016

    Dear Lenders!
    I am so thankful today as a borrower for disburding my loan.
    The loan will facilitate me to buy more paperbag stock . It will enable me increase my Capital hence get more stock leding to a bigger profit. Thank you very much for the loan as a business lady I am so greatful. I will ensure i repay my loan promptly inorder to increase my loan limit. Thank you so much.

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  • Angelah    Mar 7, 2016

    The loan will facilitate me to buy more paperbag stock . It will enable me increase my Capital hence get more stock leding to a bigger profit. Thank you very much for the loan as a business lady I am so greatful.

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  • Angelah    Mar 7, 2016

    Dear Lenders I am so greatful for the loan you lend me last time. It enabled me to buy more stock for my Polythen bags business hence increasing my profit margin.

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  • Athamas    Feb 25, 2016

    Hey Angelah,

    thank you for the full repayment! :)
    Nice to hear, that the loan pushed your business!

    Greetings :-)
    Clemens

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  • Angelah    Feb 22, 2016

    Hi Zidisha! Thank you so much for the previous loan it really helped boost my polythene bag business. I would like to apply for another loan. Kindly assist . Thank you.

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  • Angelah    Feb 4, 2016

    Hello Clemens !

    How are you doing?

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    • Athamas    Feb 6, 2016

      Hey Angelah,
      Thanks for your message :-)
      I'm fine, thank you! Hope you're doing well and that the loan helped you with your business.
      Also thank you for the constant repayment :-)

      Greetings and a nice Weekend!

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  • Angelah    Jan 14, 2016

    Hello! If I manage to repay my outstanding loan before the repayment time can I borrow again?

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  • Athamas    Jan 6, 2016

    Hey Angelah,

    Thats good to hear :-) !
    I wish you all the best with your business and generally for the next year!

    Greetings from Germany :-)
    Clemens

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  • Angelah    Jan 5, 2016

    Thank you Zidisha for disbanding my loan this morning i woke up to loan message was so glad . what a good way to start my morning. This Kshs.1,000 will enable me buy more stock i.e 18 more packets of V15 polythene bags it will increase my stock and at the same time rise my profits by Kshs 200. I am looking forward to working with you and expand my business . Thank you.

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  • Angelah    Jan 3, 2016

    Am so glad to inform you that i will be able to buy 18more pkt of V15 size polythene bags to stock my stall. This will help me increase my profits by kshs.200. Thank you Zidisha for the loan working with you will be the best thing that happened to me as an abusiness lady.

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