Purchase ladies clothes from uganda
Margret Annastancia
Egerton, Kenya
100% repaid
Entrepreneur
Name
Margret Annastancia
Member since
March 2014
On-time repayments
149 installments • 19%
About Me
Introduction ;i am a single lady with .born in a family i .am the 4th born in our family my education level is o level .after my level i joined college in Nairobi womens hospital where i did home nursing due to lack of employment my dad took me to Dubai to go and work there as security .i got money and decided to be geting clothes from there and sell or retail. my business has grown and i thank god since it has supported by younger ones to complete school.i have worked in dubai for 2 years in the security department while there i discovered i could begin a business in kenya for clothes and use the money i had earned and saved to begin a business.this plan succeded i have a vision of going back to college and study nursing since that is my profession my hobies include playing netball farming during my resting time i like doing kitchen garden and listening to gospel music. my interesting story is that i started growing some barley grass using mordern technology which grows in seven days hence .this is very interesting coz i can sell this at to dairy farmers while I dont use soil to grow but spray with nitrate it’s a mazing because i grow it on just a plain iron sheet
My Business
My Business Proposal; my business is located at egerton university opposite the gate I attract a lot of students and staff my customers are mainly the students and staff .my business has a very high demand since I sale fair prices and I don’t have any competitor since my products are unique .my main secret why my customers love me is I am .available and I sell current designs or fashions .i also have business cards that I use to market my goods I sell mostly ladies clothes , since I did not have money I made a stall which is cheaper than renting .but thanks to zidisha because now my business has grown I can now rent a shop and sock more clothes my monthly costs include paying tax @us dollars 35 transport and accommodation to Uganda per month @us dollars 176,licence in a year 176us dollars in a year,misc costs at @58 after all the deductions my profit is 352us dollars this helps me to pay my bills electricity,rent,pay fees for my siblings water bills and buy food .my main challenge is when students close my sales go down however I manage to sustain the business by going to sell out on mobile market my main target is to have a big well stocked shop with all fashions of clothes for both male and female students including shoes bags etc
Loan Proposal
I WILL USE THE MONEY TO GO TO UGANDA TO PURCHASE LADIES CLOTHES. I HAVE CONTACTS OF FRIENDS WHO HAVE GIVEN AN ORDER OF CLOTHES, AROUND 15 LADIES. EACH DRESS COST 700/= IN UGANDA WHICH I WILL COME TO SELL AT 1500/= THUS MAKING A PROFIT OF 800/= FROM EACH DRESS. THEREFORE 15 DRESSES WILL GIVE ME 11000/= I WILL USE THIS PROFIT TO GO BACK AND RESTOCK MY BUSINESS. THIS WILL HELP ME PAY MY ZIDISHA LOAN BETTER SINCE MY BUSINESS WILL HAVE EXPANDED.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Mar 27, 2014
Repayment status
On Time
Projected term
5 months
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