Purchasing an embroidery machine

Regina Mary Ndegwa

Nairobi, Kenya

34% repaid

Entrepreneur

Name

Regina Mary Ndegwa

Location

Nairobi, Kenya

On-time repayments

287 weekly installments  •  79%

About Me

I’m the second born in a family of eight. Since my parents didn't have enough money to pay school fees for all of us, I didn't advance much in education as I was forced by the circumstances to do odd jobs to support my younger brothers and sisters. I was employed as a tea girl in a local primary school and it’s from that job that I saved some capital that helped me start my current business of selling second hand clothes. I would want to see my children grow to become successful people who shall make a difference in other people’s lives. Besides working, I love taking a nature walk, meeting new friends and reading magazines during my free time.

My Business

My business involves selling of both new and second hand clothes for women and children. Initially I started with selling the second hand clothes only, since majority of the citizens are not able to afford new clothes but still need to look decent in their outfit. Currently, I’m also selling brand new clothes, since demand for them is slowly increasing as the purchasing power of my customers increase. It’s also an open secret that women are the highest buyers of clothes, as opposed to men. In a typical day, my incomes ranges between 20$ to 30$, and I set aside 7$ each day, to cater for my running expenses like rent for the shop, transport, lunch and several other expenses. This leaves me with between 16$ to 23$ which helps me to cater for other needs like providing food for my family, paying rent for our house, paying school fees, expanding my business and also extend a hand of help to the more needy like the kids in children homes.

Loan Proposal

Hello Lenders,
In my existing shop for clothing items, i’m planning set aside a small space from where i’ll be operating the embroidery machine. This idea has been driven by rise in demand of embodied garments, e.g. school uniforms with name and logo, company uniforms with name and logo as well, table matts, curtains etc. This business will help increase my income, and consequentially expand my business. I expect my profit to rise by around
Below is a list of expenses that i’ll incur in setting up this business:
1. Embroidery machine: @ $800
2. Embroidery hoop. @ $30
3. Embroidery floss. @ $60
4. Embroidery scissors. @ $30
5. Embroidery fabric. @ $ 50
6. Crewel needle. @ $ 15
7. Milliner needle. @ $12
8. Tapestry needle. @ $15
9. Magnifier light. @ $45
10. One table for placing the machine. @ $55
11. One chair for the machine operator. @ $16
12. Operating capital for one month. @ $120

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,116.01

Date disbursed

Apr 19, 2019

Repayment status

Late

Projected term

23 months

Cost to entrepreneur

Service fee: 5% of $1,116.01 = $50.16

Credit risk payment: $200.68

Lenders

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

Sideburnjack

Conroe, TX, United States

Brian

Midhurst, Canada

C

Christian

Saarbruecken, Germany

Ron

United States

EricDWalters

Rochester, Mn, Usa, United States

F

Frank

Berlin, Germany

R

Raabo

Rungsted, Denmark

Ishaque

New Jersey, United States

investor

Candiac, Canada

C

chkuo

Taipei, Taiwan

W

Witlof

Tsukuba, Japan

Umair Mahmood

Raleigh, United States

V

vamPierchen

Luxembourg, Luxembourg

cyrus0302

San Francisco, United States

YB Song

Seoul, Republic of Korea

Dipsius

London, United Kingdom

E

erozlum

Istanbul, Turkey

J

Jmay2133

Fremont, United States

E

Esuil

Vallentuna, Sweden

DHixenbaugh

Seattle, United States

Johnny

shanghai, China

O

ola840

Malmo, Sweden

Tilius

Oslo, Norway

L

Leisha

Gold Coast, Australia

S

soren

Göteborg, Sweden

ErikN

Stockholm, Sweden

ElephantCastle

Berlin, Germany

P

prodigyita

Eboli, Italy

G

golivera

Lima, Peru

F

Forba

Mo i Rana, Norway

F

Fiodal

Helsinki, Finland

LA

United States

MarktheMormon

Sandy, Utah, United States

Hakayati

Dublin, Ireland

S

sersub

San Diego, United States

T

Tszach

Tucson, United States

F

FHult

Stockholm, Sweden

L

ldron7

Utah, United States

Martin

Manama, Bahrain

R

rcmssr

Woodbury, United States

MichaelDean

San Jose, United States

Nathaniel

Copenhagen, Denmark

R

Roman

Barcelona, Spain

S

SamTom

Carindale, Australia

johnandmoliehi

Canton, New York, United States

MienDeGraeve

Ouagadougou, Burkina Faso

G

guenter

Bremen, Germany

rodcul

Altea, Spain

R

rmacaw

Australia

andreas

St. Georgen / Gusen, Austria

Apmay

Melbourne, Australia

T

Timotte

WOLLONGONG, Australia

H

hilde

seattle, United States

S

SelvaMarcus

Green Cove Springs, United States

beverly

Vancouver, Canada

G D Export

Kolkata, India

HE

help each other

Glasgow, United Kingdom

C

chrisherron

Chicago, United States

tasos

hove, United Kingdom

indeh

London, United Kingdom

ElWal

Kirn, Germany

KM

British Columbia, Canada, Canada

SeeMeeFi

Ontario, Canada

trevbot

Montreal, Canada

K

KDeath

Dublin, Ireland

Quentin

Toronto, Canada

N

nodogosi

Espoo, Finland

H

HildeK

Rogaland, Norway

Z

Zippo

Berlin, Germany

W

wordelsue

MIDWEST, United States

Cloudways

Malta, Malta

WormaldTSG

Rydalmere, Australia

F

Fischer

Calgary, Canada

mossuto

Milano, Italy

S

samuk

Nottingham, United Kingdom

lorello

Vicopisano, Italy

Jouni

Finland

pentatonicscale

Niiza-shi, Japan

G

Goodwill

Oakland, United States

B

bileiro

Mandaluyong, Philippines

ads68

Melbourne, Australia

Blake

Rockford, United States

K

katykoo

New York, NY, United States

T

tjgiving

Oakland, United States

Bhayl

Stavanger, Norway

Cadwah

Barcelona, Spain

RandyPetersen1

Colorado Springs, United States

Ingela

Falun, Sweden

P

Peksa

Espoo, Finland

ohlandtmann

Moorestown, United States

G

GrandmaMae

Wausau, United States

E

emtesenair

Charlotte, United States

T

Tui1974

nuenen, Netherlands

H

hetultel

Ahmedabad, India

nakamura

United States

A

alkemyst

Geneve, Switzerland

fairspirit

Utrecht, Netherlands

GH

Gav H

Langley, Canada

A

Anette

Uppsala, Sweden

Z

zhihanchew1234

Tampin, Malaysia

Bobrm2k3

Charleston, United States

MichaelOsburg

Hochheim, Germany

Muslim

Riyadh, Saudi Arabia

I

ianb723

ROCHESTER, United States

Cricketca

San Jose, United States

JTShorty

Gorham, Maine, United States

G

Goldrivermob

Gold River, Canada

K

kjustad

Asker, Norway

F

fundfinite

Wellington, New Zealand

isabelv

Barcelona, Spain, Sweden

paulclinton

malaga, Spain

dougdo

Seattle, United States

K

kingcamo1095

Mountain Home, United States

S

Sreval

Manly, Australia

A

anagnan

BRUXELLES, Belgium

JFais

Atlanta, United States

L

Leonora

TÄBY, Sweden

R

run426

DeBary, United States

JOKer

Weisendorf, Germany

V

Volpone

Geneva, Switzerland

Lambie

Perth, Australia

E

Escalada

Bakersfield, CA, United States

soniad

Dubai, United Arab Emirates

C

CorVeninga

Nieuwegein, Netherlands

C

cranejoad

cazenovia, United States

xtrahardware

Cazenovia, United States

M

Mountainmanduy

San Jose, United States

stanbogdanov

Sofia, Bulgaria

HealthcareProvider

Baltimore, United States

P

pvranas

Boulder, United States

R

richdullaghan

Encinitas, United States

P

Purplejeep

Moravia, United States

Scotts5320

New York, United States

G

GanSatya

United States

A

andrewpbrett

United States

S

scotchval

United States

K

kristina19

United States

G

GoughGirl

Washington, Dc, United States

M

Malibu

Westwood, United States

M

Mullagh

United Kingdom

A

AileenH

United Kingdom

N

nycjen

United States

MalcolmL

San Francisco, United States

K

Kudrnova

Czech Republic

AllieJ

Camberwell, Australia

D

dcktdjc

United States

M

mguenter

Switzerland

R

rossgarlick

United States

J

jeffreywlai

United States

B

Boeing777

United States

M

Marko

Helsinki, Finland

N

nswanberg

United States

G

gclimer

Chattanooga, United States

M

Michi

Switzerland

B

bugdaniel

Switzerland

K

Karpet

Faroe Islands

JA

Jorge Alagon

Munich, Germany

trincowski

Vilar, Vila do Conde, Portugal

J

jbhernan

United States

Agerfar

Aarhus, Denmark

mepster

San Francisco, Ca, United States

TyWee

Manila, Philippines

Vesa

Helsinki, Finland

D

DStateDDB

United States

W

wesbh89

United States

Laparo

Dusseldorf, Germany

J

JonAlec

United States

D

dk1234

Netherlands

H

hixeu

Belgium

Grant Xavier Storer

Seattle, Wa, United States

I

idris

United States

K

Keith

Luxembourg

S

SCHAC

Switzerland

K

KiraDee

United States

Otto Barten

Amsterdam, Netherlands

S

stryker75

United States

SV

sven vdk

Twickenham, United Kingdom

M

me.iulian

Iasi, Romania

adrianz

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TheGoodData

London, United Kingdom

B

beegkitty

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S

Schwartz

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C

Crainster

Chapel Hill, United States

A

adamdreaming

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G

GEMMGMT

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T

Tony1

Australia

M

mbarbier

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Mike and Jacqui

United Kingdom

E

Erich

Zurich, Switzerland

Robert

Sweden

S

Sharon

United States

MD

Miles Dodge

CORVALLIS, United States

MW

Matt Willis

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WH

Walter Hill

United States

W

Wade

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Dayton

Vancouver, Canada

Kate Courteau

United States

K

K

United States

JT

John Tabacchi

United States

Richard

Shrewsbury, United Kingdom

Yustian Hartono

Singapore, Singapore

AT

avni trivedi

United Kingdom

Kevin

San Francisco, United States

M

Marc

Newcastle upon Tyne, United Kingdom

KD

Kent Don

United States

EB

Erica Brescia

United States

Jennifer Weber

Canandaigua, Ny, United States

D

Dinu

Switzerland

ME

Manaal Eisa

Washington DC, United States

IV

Indira van Uyten

Neterlands Antilles

P

Peter

Portugal

T

Tom

United States

Pedro R-C

Cambridge, United States

Robin Padberg

Pétion-Ville, Haiti

G

Grant

Germany

RV

Rob Van Dam

United States

Mark Grey

Redding, CT, United States

AH

ajay hampapur

United States

N

Nick

United States

E

eriklonnroth

United Kingdom

B

BM

London, United Kingdom, United Kingdom

M

Marjolein

Netherlands

Douglas St Quintin

Sydney, Australia

A

Adam

United Kingdom

MH

Meg Holland

United States

GN

Gabriel N

Switzerland

Elise E

United States

F

Florian

Crailsheim, Germany

AB

Aren Blake

United States

MT

Marco Tietz

United States

Thomas

Sweden, Sweden

LD

Luã de Souza

Sydney, Brazil

L

LK

United States

Tam Thao Nathan

United States

T

Tom

United States

T

tonym

Australia

PR

Priscilla Rathbone

Seattle, Washington, United States

V

Vidar

Oslo, Norway

I

isaac

United Kingdom

roark22

Geneva, Switzerland

KT

Kate Turner

United States

Rose Life

Columbus, United States

A

Adam

United Kingdom

Angela Linwood

Minneapolis, Minnesota, United States

Tom Eggert

Madison, United States

A

AJ

United States

RC

Roy Chicky Arad

tel aviv, Israel, Israel

JA

Jan Andresen

Hamburg, Germany

SA

Shar Alamdari

Los Angeles, United States

EW

Eli Weiss

United States

Ed

Howells, United States

Romesh Fernndo

Perth, Australia, Australia

H

Hans

Czech Republic

JA

Joshua Axtell

United States

BR

Brandon Ross

United States

Day Family

Melbourne, Australia

MM

MB McKenna

United States

AH

Ari Helgason

United Kingdom

David McLauchlan

Seattle, United States

JD

JASON DORSETT

United States

V

VJ

Canberra, Australia

R

Ryan

Albuquerque, NM, United States

Ellen

Michigan, United States

Ken

Mequon, WI, United States

D

Dalton

San Francisco, United States

Jean Wren Chan

United States

Samuel

Ottawa, Canada, Canada

M

Margaret

United States

M

Mack

Harbor, Oregon, United States

PZ

Phillip Zink

United States

JF

J Fister

United States

John Sercel

Florence, United States

R

RMIM

United States

A

Anabell

Elizabeth, United States

DW

Dan Winetsky

United States

Katja

Switzerland

Jan V

Port Dalhousie, Canada

BN

Bence Nagy

Czech Republic

RF

Ruth FT

Manchester, United Kingdom

BN

Brian Neilon

United States

Sean Richards

Wilmette, United States

Nethanel Kohen

NYC, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

SL

Sam Lute

United States

MR

Micky Richards

United Kingdom

H

Haley

United States

Mai Phuong Nguyen

Nashville, United States

JF

Jon Freach

United States

L

lysander

Australia

CoBon

Stubbæk, Denmark

D

Daniel

Hong Kong

MC

Mir Cea

Netherlands

MC

Michael Crump

United States

T

T

United States

MW

Matt Wade

Switzerland

KP

Keith Penrod

United States

petter

Finland

JM

Joseph Moore

United States

Severin Zörgiebel

Frankfurt, Germany

T

Tineke

New Zealand

dave2319

United Kingdom

A

Andy

United States

SC

Samuel Clemente

Brooklyn, United States

Joost

Noord Brabant, Netherlands

Magnus Palmgren

Gothenburg, Sweden

I

Ivan

New York, United States

United States

H

hayeswmiller

United States

Francesca

Scotch Plains - New Jersey, United States

AE

Asher Enciso

United States

ZN

Zane Norman

United States

EA

Eric Ayers

Atlanta, United States

Adrian

Liverpool, United Kingdom

KA

Kate and Tom

United States

SA

silvia arguedas

san josé, Costa Rica

Jeanette

Fort Worth, Texas, United States

Michael Winter

Hessisch Oldendorf OT Rumbeck, Germany

Dustin Lape

Lynchburg, United States

P

PatrickZisha

United States

CE

Christopher Engleright

Stafford, United States

RS

Ralph Smyth

United Kingdom

Jacey Hilbers

Waco, TX, United States

CA

Chad Aboud

Toronto, Canada

Angela Chu

Toronto, Canada

R

Rafael

Switzerland

P

PS

United States

JP

Brazil

Claudius Brasil

United Kingdom

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