Purchasing another motorcycle for clothes distribution
Beatrice
Embakasi, Kenya
100% repaid
Entrepreneur
Name
Beatrice
Member since
February 2013
On-time repayments
254 installments • 65%
About Me
My name is Beatrice Wanjiru. I am a native of an Nairobi’s outskirt esidential town called Embakasi. I am a mother of four, three of them being in different schools. I left schooling at O level. The Embakasi region is populous and the number of women supersedes that of men. The youth dominate the area. This I saw in my own view, which emerged to be realistic, as a doorway to a thriving sale of beauty products and clothing materials. It worked. I started a boutique that has been doing well so far. My goodies range from kids’ to adults’ clothes, and salon products wholesale and retail alike.
My Business
The profit I get is not worth complaining as the business became embraced by the entire Community of Embakasi. Adhering to The law of demand and supply has been the basic challenge in carrying out this wonderful business of mine. I need to expand it, by installing more stock into it and consequently moving to a more spacious business premise(s) to allow development. And with the look of things , I might have a motorbike as one of the requirements sooner than later. This is a vivid picture of how crucial a Zidisha loan will be , if granted.
Loan Proposal
Dear Lenders,
I have great joy to say that I have really benefited from the amount I have been receiving from Zidisha micro-finance. I wish to use this loan to purchase another motorcycle for distributing my clothes that I sell from my boutique. With the experience I have gained since bought the first motorcycle, my sales have increased and I have not been able to satisfy my customers since I supply the products door to door with the motorcycle. The demand has been overwhelmingly high and thus the need for an additional motorcycle. This will cost about 90000ksh which is approximately 968US dollars. I hope my application will go through soon. Thank you
Feedback
Positive
18
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$945.00
Date disbursed
May 19, 2015
Repayment status
On Time
Projected term
14 months
Lenders
Cobham, United Kingdom
Hong Kong, Hong Kong
San Francisco, United States
Baltimore, United States
Nashville, United States
Jubail, Saudi Arabia
Green Cove Springs, United States
Guildford, United Kingdom
Chicago, United States
Hillsboro, United States
Shanghai, China
milano, Italy
Fontvielle, Monaco, Yemen
Neuhausen, Germany
Joliet, United States
Brussel, Belgium
Germany
Australia
United States
san francisco, United States
South Africa
United States
Germany
Chile
Philippines
United States
United States
Germany
United States
Germany
Switzerland
India
United States
Germany
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