Purchase of extra new leather made ladies handbags

Mary

Thika, Kenya

100% repaid

Entrepreneur

Name

Mary

Member since

October 2017

On-time repayments

27 installments  •  78%

About Me

My name is Mary thou. I'm the first born in a family of 3, that is, two male boys and I as the only female. I was born, studied and got married in Nairobi county. I went to Mount Kenya university where I studied business administration and that's where I got an idea of self employment as an entrepreneur. Before joining the university, I was a sales and marketing girl at a local company where by we would sell health supplement products and got paid in commissions. The job was tiresome but all in all ,I had to do some savings which enabled me start my own business of buying women's handbags, travelling bags, hiking bags as well as money pouches from the manufacturing companies both locally and internationally. I get them at a cheap price and sell them to my community which for most its entailed of students, business men and women, politicians and all sort of people who get my services at an affordable price. I have no kids and I love reading business novels and also cooking.

My Business

My business entails selling of handbags, pouches, suitcases, school bags, hiking bags..to my community. I provide these services to my locality since they're always in demand. I make good profits from the sales and I use the profits to pay for my business license, expansion of my business as well as having self care. I am looking forward to grow my business to the stage of a big mall in the future. I love this business since it helps me come across a lot of people mostly those who are in business and I get the idea of being determined and looking ahead of creating too ideas for young entrepreneurs.

Loan Proposal

I will use the loan to buy extra new leather and beaded ladies handbags for my business. A handbag price is $12 and since I want to add more I will sell each at $20 making an approximately 45% profit in each handbag. I will use the profits to pay back my zidisha loan in time, expand my business as well as paying for my bills.
As a good standing entrepreneur in this business industry, I will help the students in colleges, and the upcoming entrepreneurs the well being of being able to start up your own business and learning to develop up your skills of becoming a professional in your own industry.

Feedback

5

None

None

  • J    Feb 26, 2018

    Neat on time repayments.

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  • J    Dec 19, 2017

    On time repayment. Good communication. Nice woman.

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  • J    Nov 24, 2017

    Fast repayment.

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    • Mary    Nov 24, 2017

      Thanks for the previous loan. It was helpful. I bought leather pouches and I've sold almost all since they're in demand.
      Thanks Mr Joost

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  • J    Nov 20, 2017

    Good communication with regular status updates. Neat repayment.

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  • Helen Horseman    Nov 16, 2017

    Thank you for full repayment of your loan Mary.
    Best wishes for business going forward.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$23.00

Date disbursed

Dec 20, 2017

Repayment status

On Time

Projected term

3 months

Lenders

J

Netherlands

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