Cloth to make school uniforms

Teresa

Kijauri, Kenya

100% repaid

Entrepreneur

Name

Teresa

Member since

January 2015

On-time repayments

19 installments  •  32%

About Me

I was born in Keumbu and got married to kijauri Nyansiongo where i stay with my husband. I am an 8th born in a family of 13 children. During my childhood our parents never regarded education so much especially for the young women so i got married as a third wife. I was blessed with 5 children however one passed. for a long period have been practising farming till 2000 when i ventured into tailoring an idea i got from one of the women groups that am a member i started small making clothes to resale especially during festive seasons, obtaining tenders ( from couples who want to wed). out of the experience and the expertise i was gaining i started marketing my business to various institutions schools to be more specific i managed to win a tender in Eronge Boarding primary school for making uniforms this was a new beginning for me. My children will want to be teachers, lawyer and engineer. My unique pastime is when i was married, I was only 16 years old i decided to run away to a far place unknown to me due to hardship i gave in and decided to stay with my husband whose eldest son is older than me.

My Business

My new business is keeping poultry. Am targeting raring 100 chicks for the start. I have chosen this business due to high demand for eggs and white meat.
The cost per chick is Ksh. 125. so i will spend Ksh. 12500 in purchasing this chicks. Approximately in a month i will spend Ksh. 3000 in feeding them included vaccines. In six months time i will be earning Ksh. 1000 per day from the eggs the kind of breed am targeting lays up to 300 eggs in a year and its also good for meat. Meanwhile i will be repaying my loan from my clothing production business.

Loan Proposal

If my loan is successfully funded i will purchase clothing to make school uniform for Eronge boarding primary school.
1metre square of the clothing cost Ksh. 600. So with a loan of Ksh. 8914 i will be able to purchase 12metres which will produce depending on size a maximum of 36 boys shorts uniforms for children joining baby class which is my major target. One short cost Ksh. 400. In total if i sell all the clothes i will earn Ksh.14400. i will get a profit of minimum 2000 after paying employees and other minor expenses. This will have moved me a step higher as my working capital will have increased

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 18, 2015

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

Martin

Manama, Bahrain

mraph

Virginia, United States

VK

Vasily Kudrin

Moscow, Russia

Z

zidscott

United States

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