Restocking my fabrics

Kyalo

Mtwapa, Kenya

100% repaid

Entrepreneur

Name

Kyalo

Member since

January 2015

On-time repayments

151 installments  •  56%

About Me

about Me
mutua kyalo is my name. l was born in machakos. .l like reading travelling and doing volunteer work. My business is selling fabrics for sewing new clothes and get an income from it. l graduated from college with a plumbing course. l got short term jobs and unfortunately l could not find a permanent job. so l decided to open my small business to sustain me and my younger siblings.
I am married with 4 children all in school. l used some of my profits to send my younger brothers to school and take care of their basic needs. l also save some for my business. l stated this small business because life was not easy for us. My parents are not able to support my siblings, but I thank God I am able to pull through.

My Business

My Business
I would like to first thank lenders and Zidisha team for given me this chance to apply for my first loan. My business is a small business but with a bigger profit margin, and the demand is very high in the market . with an investment of ksh4000(USD50) I am able to make a profit of ksh2500(USD30) within a month. l want to meet the demand of my customers that is why l want the lenders to support me to satisfy the demands of my customers. If l get a loan, my life will change for the better, I will be able to make more profit from the business.l am therefore requesting all the lenders to help me to achieve this dream. l will work hard so that l will be able to repay the loan on time. Thank you in Advance.

Loan Proposal

Loan Proposal
I will buy more sock with the loan, with an investment of ksh8800(USD100) I am able to make a profit of ksh4500(USD50) if I get my first loan I guess it will be double the figure. This will improve my business and my life in general. I will be able to pay my bills as they fall due and grow my life financially. Also save to pay my zidisha loan. Thank you

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 21, 2015

Repayment status

On Time

Projected term

3 months

Lenders

O

ormung13

Christchurch, New Zealand

T

thebonseung

Republic of Korea

J

jenda

Czech Republic

B

bvirlet

United States

L

Lender59

United States

A

ATMiller

United States

R

richardbrewster

United Kingdom

M

mitchmk84

United States

R

RosieWatrs

United States

Cathy

Melbourne, Australia

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