Name
Rachel
Member since
March 2013
On-time repayments
162 installments • 23%
l Rachel Wanjira Kamau live in Bahati of Nakuru county and do business in Nakuru and its environment.l attended kiamaina primary school and later joined Nakuru high school where l completed my secondary education.am married with three kids and all are in secondary school.My husband is a businessman and has a agrovet shop in Bahati centre.l have a boutique shop in bahati centre where l have specialised in children wear.l started this business because there was an opportunity for this business in the area and since there was no competition. most of the income from the business l do re-invest in adding more stock.
I choose this business because of the demand in the market and especially for new borns. most of the customers prefer new clothes to second hand clothes and this makes the demand always constant.l do get my stock from Nairobi and make sure that quality comes first so as to avoid having dead stock in the shop.my stock is of ksh 200,000, and always buys new stock two times a month off peak season.l do get an average of kshs 25,000 per month and this enables me to meet my family needs.for most of the stock l put a profit margin of 30%.l always ensure that my prices are competitive in the market so as to retain customers and attract new ones.
Once again i take this precious moment to pass my regards to the Zidisha fraternity having me have a chance to grow and expand my business through this platform,for this loan i am going to restock my shop with new more clothes for the children and increase my earnings as i am in the process of opening a new shop as a branch,my business has become a favourite to the locals because of the competitive prices around this area and selling more clothes than my competitors,this will enable me have more incomes and realize my dreams and Zidisha on board to have another shopThank You.
Positive
3
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$331.00
Date disbursed
Jun 2, 2014
Repayment status
Late
Projected term
35 months
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