Purchase of tents for hire to churches and event organizers

Sheilah

Nakuru, Kenya

10% repaid

Entrepreneur

Name

Sheilah

Member since

February 2014

On-time repayments

338 installments  •  5%

About Me

I AM A MARRIED WOMAN WITH ONE CHILD.I AM A GRADUATE WITH A BSC IN EDUCATION .DUE TO LACK OF EMPLOYMENT.,I BEGUN A BUSINESS BAKING CAKES.I COME FROM WESTERN PART OF KENYA KAKAMEGA BUT I MOVED TO RIFT VALLEY TO JOIN MY FAMILY MY HUSBAND IS A SECONDARY SCHOOL TSC TEACHER .I STARTED THE BUSINESS TO SUPPORT MY FAMILY . ALSO AFTER A LOT OF SURVEY , I DECIDED TO BEGIN BAKIG CAKES I HAD ALOT OF FRIENDS WHO ARE PASTORS AND SO I MADE CONTACTS AND CAME UP WTH SMALL CARDS TO SUPPLY TO MY FRIENDS I HAD ASHORT COURSE IN OUTSIDE CATERING SO IDECIDED TO BEGIN SMALL . THANK GOD MY BUSINESS PICKED NOW I HAVE MANY CUSTOMERS BECAUSE I COMBINE IT WTH OUTSIDE CATERING WHERE I COOK FOR CEREMONIES LIKE WEDDINGS , FINERALS GRADUATIONS ETC

My Business

MY BUSINESS LOCATED IN EGERTON CENTER.I DEAL WITH BAKING CAKES AND DONATS OR SMALL MANDAZIS .MY CUSTOMERS INCLUDE SMALL RETAIL SHOPS AROUND THE AREA PLUS THE BOARDING SCHOOLS AROUND . THE OTHER MARKET I HAVE IS OUTSIDE CATERING.WHICH I DO ON SPECIAL CCASSIONS LIKE WEDDINGS PARTIES THIS DEMAND IS VERY HIGH WHEN SCHOOLS CLOSE ESPECIALY DURING HOLIDAYS .THE DEMAND IS VERY HIGH SINCE I AM RELIABLE AND EFFECIENT. MY CUSTOMERS PREFER MY SERVICE BECAUSE THEY CAN EASILY CALL ME AND FIND ME . I HAVE EMPLOYED 3 PEOPLE ONE PERSON SUPPLIES WHILE THE OTHER TWO COOK AND PACK THIS BUSINESS IS RISKY BECAUSE THE GOODS ARE PERISHABLE THEY HAVE AN EXPIRY PERIOD WHICH IS VERY SHORT .HENCE SOMETIMES IT CAUSES LOSE MY LOCAL MARKET IS VERY GOOD BECAUSE MY STAKEHOLDERS ARE STUDENTS WHO CONSUME ON A HIGH RATE.HOWEVER I MAKE GOOD PROFIT PER MONTH OF AROUND 2000/= APPOX AFTER DEDUCTIONSI PURCHASE ,BAKING FLOUR, FUEL PAY RENTS TRANSPORT,SALARIES .I WOULD WISH TO EXPAND MY BUSINESS BY GIVING SERVICES LIKE HIRING TENTS CHAIRS.MY TOTAL PROFITS PER MONTH IS 30K PER MONTH AFTER DEDUCTIONS WHICH I WILL USE TO REPAY MY LOAN.

Loan Proposal

I will use the loan to purchase a tent for 100 people for renting .there is a pastor who wants to begin a church and he wants to rent the tent at a cost of 4000/= per day which means every Sunday he will be giving me 4000/= monthly is 16000/= this will help me repay my loan faster and improve my business in catering because i can now combine .the cost of the tent is 500000/-which is 590us dollars .help me lenders to buy this tent besides that i will be renting to special occasions which i have orders already

Feedback

1

None

1



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$621.00

Date disbursed

Apr 4, 2014

Repayment status

Late

Projected term

79 months

Other loans

Lenders

joerg

Berlin, Germany

V

vidarlil

Sandefjord, Norway

L

lmuenchen

Munich, Germany

Rdcmole

Cincinnati, United States

Silver

Steiermark, Austria

J

jjonas

berlin, Germany

indeh

London, United Kingdom

Pierfausto

Rome, Italy

L

ldworld

Idaho, United States

Mannysgirl

Surrey, Canada

Myrar

Aarau, Switzerland

J

JoeSolar

Virginia, United States

Namaste250

Pittsford, United States

P

Prysdahl

Marshall, United States

B

bitofrits

New York City, United States

troutsfarm

Pittsboro, United States

joaoferraz

RINCHOA, Portugal

Stefano Bertolo

Luxembourg, Luxembourg

dougdo

Seattle, United States

R

RickRozemuller

Groningen, Netherlands

Sarasota

Sarasota, Fl, United States

Matthieu

Switzerland, France

HeatherRobertson

Milwaukee, United States

kalidanthepalidan

Denver, United States

H

Haavard

Bergen, Norway

R

ricka736

Wellington, New Zealand

pvilliger

Zurich, Switzerland

Arjan Geven

Vienna, Austria

ScholaNatura

Czech Republic

J

Jmatasovsky

United States

Nickmakau

Ngwenzeni, Mariakani, Kenya

A

ATMiller

United States

E

elliot42

United States

Ask Sheilah a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Nickmakau    Feb 4, 2016

    Hello Shella
    Howz the business doing?

    Log in to reply • Share
  • Sheilah    Oct 16, 2015

    my business is now picking i had a problem when my tent was stolen and so had a technical problem in restoring my business finaly God has helped me to recover my business i will start increasing my instalment slowly as time goes by thank you lenders for being patient with me.my bussiness has improved by far because i have managed to improve my supply of cakes and dounats and hence my living has improved

    Log in to reply • Share
  • Sheilah    Jul 4, 2015

    I have travelled for an emergency case which Will take me almost weeks,hence my business will be affected because it will be closed.I therefore ask to reduce my installments.This will help me to pick when I come back. Thank you lenders for your support.

    Log in to reply • Share
  • John    Jun 11, 2015

    she was unreachable when tried calling

    Log in to reply • Share
  • Sheilah    May 22, 2015

    thank you so much lenders for funding my second loan it assisted me to buy a tent which i hired to some body who disapeared with it after renting for 3 months this has affected my business so much .i have decided to use my farming to supplement the payments which i can use to repay my loan .i hope you will be patient with me till i pick up this was un expected .finaly my first loan helped my baking business to expand i hope to improve soon

    Log in to reply • Share
  • John    Apr 24, 2015

    I spoke with Sheila and she said she will resume the payment after she has come from the mission she has gone.

    Log in to reply • Share
  • Sheilah    Mar 26, 2015

    my main reason is because iam completely down financialy since my tent was taken away from me by somebody i had rented iam making afollw up and immediately i get him i will resume my payments and finish my loan on time .lenders kindly help me by being patient with me . iam promising to finish my loan by this year

    Log in to reply • Share
  • John    Mar 6, 2015

    I spoke to sheila this afternoon trying to follow up with her arrears, she said she is also a VM and she knows how to reschedule her loan and immediately she just hanged my phone,although she mentioned something about she will be looking into the matter and make her repayment.

    Log in to reply • Share
  • Sheilah    Feb 14, 2015

    I was ready to pay my full installments but my business income has really gone low.People in this month do not have money.This is because they spent a lot during the Christmas holiday.The money they have because most are parents and University students,goes to paying school fees and buying school needed equipments.I believe from next month things will be back to normal and I will increase my installments and finish paying the loan.

    Log in to reply • Share
  • Sheilah    Jan 24, 2015

    my business has improved i would like to increase my weekly instalment and even by next month i can pay more this will help me to repay faster and be able to apply for another loan,my first loan assisted me so much though i got a challenge the money i used i bought atent and hired it to apastor who was opening a church unfortunately he disapeared with my tent and closed the church iam still seeking for him i have reported the matter in police. this made my bussiness almost collapse but my baking business is still on

    Log in to reply • Share
  • Namaste250    Dec 30, 2014

    Hi Sheilah,
    Happy New Year!
    Best wishes to you and your family for a healthy, joyous and prosperous 2015, Ann

    Log in to reply • Share
  • Sheilah    Dec 4, 2014

    my business has improved hece i would like to increase my instalmets for the next 3 months so that i can be able to pick my ontime repaymets.my lenders please assist me achieve my target this is my peak season for my business since december hoidays most people hire tents for ceremonies eg weddings parties

    Log in to reply • Share
  • Namaste250    Sep 26, 2014

    Hi Sheilah,
    Thank you paying your loan so responsibly. I hope you have had many chances to rent out your tent and chairs. It sounds like a smart investment.
    Best wishes for continued success, Ann

    Log in to reply • Share
  • Sheilah    Sep 26, 2014

    thanks lenders iam still saying great is he who invests in people than in matterials my life has changed

    Log in to reply • Share
  • Sheilah    Sep 26, 2014

    just held up with asick child but i will soon resume to businees lendes sorry for that i promise to repay soonest ,i also hope to repay my loan faster for another lending thank you .my business has started to pick as we near dec holidays that is my peak period this is when i expect to repay my loan in larger instalments mean while you will bare with me since the businees is low in december we have so many ceremonies hence my business has alot of income that time

    Log in to reply • Share
  • Sheilah    Sep 11, 2014

    my tent business did not go well my client went without paying the money and so it has affected my business . i had traveled to another country for amonth but now iam back i intend to repay better from next week then i will increase my instalments i am currently processing flyers to distrubute to advertise my bussiness meanwhile iwill pay 350/= weekly but in 3weeks time i will increase to 500/= as we near december holidays busineess will be be high iwill clear the loan then

    Log in to reply • Share
  • Sheilah    Jul 26, 2014

    i am still held up with the issue of asick child which has deeply affected my finances kindly allow me this week to reschedule my loan .i have very high hopes in one month time my business will pick up again so that i increase my weekly instalments this will help me repay faster and be able to get another loan thank you for your patience

    Log in to reply • Share
  • Sheilah    Jul 12, 2014

    i have decided to reschedule my loan since i will be travelling to go for two weeks hence my business will be affected especialy my doughanat business since i supply on daily basis this means for 2 weeks i will not be able to supply . my customers have agrred to bare with the situation since iam going to visit my husband who has been sick for sometime now and needs my attention.i will come back and pay pay ahigher amount when i come back

    Log in to reply • Share
  • Sheilah    Jun 24, 2014

    thanks lenders for funding my second loan my business has grown from baking alone to organizing events by hiring tents soon i will buy chairs for hire

    Log in to reply • Share
  • Sheilah    Jun 24, 2014

    please kindly allow me to reschedule my loan my son is very sick and admitted in hosital i have therefore used the business money for his treatment meanwhile my business is affected and ican only pick up after i come out of hospital sorry this was avery unexpected condition chances of him geting well soon are promising meanwhile i have paid 500/= but will be paying 650 weekly thank you

    Log in to reply • Share


Loading...

Loading...

Loading...