Re-stock my used clothes business

Lilian Shanyisa

Kakamega Joyland, Kenya

100% repaid

Entrepreneur

Name

Lilian Shanyisa

Member since

May 2014

On-time repayments

412 installments  •  87%

About Me

hi, am an entrepreneur. currently a baker and poultry farmer
been in the line of business for over 7 years. I have borrowed from Zidisha several times before
The loans have helped me grow over time

My Business

am a pastry chef and a poultry farmer. I sell all types of cakes for all occasions
accessories as well as chicken and eggs

Loan Proposal

When am granted this loan, I will be able to improve my project in the following ways. I will be able to buy a bale of ladies and children clothes from a wholesaler at an estimated cost of 50 dollars. I will use 50 dollars to buys grocery supplies for my supplies business. I strongly believe that buying my clothes in bulk will guarantee increased returns since the purchase price will be lower thus increasing my profit margin. I will be able to meet the demands of my customers since I will be having a variety of products. I am proposing to be supported since I am not able to meet the financial obligations of my business fully

Feedback

5

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Loan Info

Project Type

Classic Loan

Disbursed amount

$102.00

Date disbursed

Sep 18, 2014

Repayment status

On Time

Projected term

8 weeks

Lenders

R

randy98109

Seattle, United States

fairspirit

Utrecht, Netherlands

calvero

Bergen, Norway

Sarasota

Sarasota, Fl, United States

Richard Griebe

La Jolla, United States

S

sarahb

United States

K

KiraDee

United States

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  • Lilian Shanyisa    Apr 24, 2024

    Low business sales. Making regular deposits weekly to endure we revert to the normal schedule. Hopefully in the next 3 months we will be stable

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  • Lilian Shanyisa    Apr 16, 2024

    the reason for my change in the installment amount, hard economic times leading to low sales low profit low income after purchases. will adjust back soon

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  • Lilian Shanyisa    Mar 31, 2024

    The reason for the change in the installment amount is low weekly income low sales will adjust back soon

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  • Lilian Shanyisa    Mar 10, 2024

    low business, low sales, less customers low profit hence low repayments

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  • Lilian Shanyisa    Mar 10, 2024

    low business sales
    low profit margin
    will adjust once the situation improves

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  • Lilian Shanyisa    Feb 3, 2024

    Hello everyone, Thank you so much for funding my project. being early in the year the funds will play a very important role in boosting my business, I will be able to purchase all the machines needed which will increase my sales and profits too. thank you so much.

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  • Lilian Shanyisa    Jan 19, 2024

    Thank you for the funding, My last project was very fruitful. my business benefitted so much which led to increased sales and increased profits. my goal is to continue expanding my business. the increased earnings from the business were invested back into the business as additional working capital,

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  • Lilian Shanyisa    Jan 8, 2024

    Low income low sales low profit high cost of production low margins

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  • Lilian Shanyisa    Dec 27, 2023

    Reduced sales low profit hard economic times. Will update soon

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  • Lilian Shanyisa    Nov 27, 2023

    Low profit
    Low sales
    Low income
    Hard economic.times
    Will adjust soon

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  • Lilian Shanyisa    Nov 15, 2023

    Low profit low sales. Will update soon. Purchasing power low. Hope things will improve soon

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  • Lilian Shanyisa    Oct 18, 2023

    Hard economic times low sales low profit low income. Will adjust once stability is resumed

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  • Lilian Shanyisa    Oct 11, 2023

    Low sales hence low profit we will resume once business picks uo

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  • Lilian Shanyisa    Sep 13, 2023

    Low sales due to slow business activity..will adjust soon

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  • Lilian Shanyisa    Aug 10, 2023

    Current markets prices are high hence low purchase power. We hope to turnaround the situation in the near future then resume normalcy.

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  • Lilian Shanyisa    Jul 24, 2023

    Experiencing low seasons hard economic times hope to resume normalcy soon

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  • Lilian Shanyisa    Jul 14, 2023

    Slow sales
    Business disruptions
    To adjust back soon

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  • Lilian Shanyisa    Jun 28, 2023

    Thank you so much for funding my project. The funds will be of great help in equipping my bakery with an additional oven and mixer. This will assist increase production hence increased sales and profit.
    In Kenya we says ASANTE SANA(THANK YOU)

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  • Conrad    Jun 24, 2023

    Congratulations on the loan, I advise you to be financially disciplined

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