52 installments • 67%
I am a 25 year old girl,single and i have completed my degree studies and have not yet secured a job yet for myself.I was born in Silibwet,Bomet County in a village called Kipngeno.I did my primary education and secondary near my home area and I was a very bright girl.I had enrolled in Nairobi university where i took a bachelor's degree in Anthropology where i graduated in the year 2012. I come from a polygamous family,I have two stepmothers and TWENTY SIX siblings and ten of them are in school,my father is a peasant farmer and my mum is a peasant business lady.our family income is low it cannot support my siblings in various colleges and high school,that is why i have ventured into business with my mother to help raise our income.My earnings from the the business have been used to pay school fees for my siblings.I assist them especially to get them pocket money since my earnings cannot help with the fees much since it is small.
I run a small clothes shop at Silibwet,Bomet County.I sell clothes and shoes in my boutique.I started the business from the savings that I made in campus.I also sell cosmetic products and jewellery in the shop.I have ran the shop for the past 11 months and it has grown so much especially with the assistance from zidisha lenders.
I started off with a capital of 120USD but now the business is worth over 450USD and it is still growing.
I make a net profit of around USD170 a month after paying off the costs.
I have employed a very hardworking,and trustworthy lady to work with me.
I stock very selective and classy outfit that catches the eyes of the customers who are the youth especially.
My business is doing well so far: I travel to Nairobi to buy my stock at cheap wholesale prices from Gikomba,Easleigh ,Muthurwa and Ngara markets..My stock includes: Weaves for hair,perfumes,earrings, bangles,necklaces and my market target includes the youth especially and also it cuts across all age groups.
The challenges I face include stiff competition that I face from similar shops but I ward them off buy stocking the best,good customer relation and giving my customers the best prices.
Another challenge is insufficient capital and space to accommodate the new stock.
Since my last Zidisha loan,my business has grown exponentially.My sales and revenue has grown by up to 60% thanks to the Zidisha family.Kindly I am requesting for a new loan,I will spend it as follows:
USD142/KSH12000,I will buy more stock to meet my client's different tastes.I will stock more men clothes and shoes since initially I only had women clothes.USD47/KSH4OOO,I will re-brand my shop to give it a classy look to keep up with the competition.I will repaint it and buy huge mirrors to be used by clients.
I will spend the final USD35/KSH300O to hire someone to assist me in the shop to meet the increasing customers.This will also help create a job opportunity to someone needy.
Kindly Zidisha family assist me in this again since I know my dream is valid.
Jan 12, 2015