Material, fittings, machine repair for my school uniform business
Antony
Eldoret, Kenya
29% repaid
Entrepreneur
Name
Antony
Member since
June 2015
On-time repayments
175 installments • 18%
About Me
My name is Antony Ndegwa of Eldoret town, Uasin-Gishu County, Munyaka Estate in Kenya. I am 41 years old, married with three daughters aged between 6 and 13. I am a welder fitter by profession with a diploma in welding and fitting work from R.V.T.T.I. Eldoret. I also have a certificate in tailoring and knitting work. I have been in this business for more than 10 years working diligently and focusing on my business success. My goal is to one day have a factory of my own and create employment opportunity in my county, especially for the youth who are suffering from unemployment.
My Business
My business is making school uniforms and knitting. I sell my products wholesale. This business is good because school uniforms in Kenya are compulsory. I normally buy the material of high quality and affordable price at a local factory and also from Nairobi. This allows me to sell my products at a competitive price within the county at wholesale price. I work with youth with special needs. I train them in knitting and tailoring. My center is registered under the Ministry of Gender, Children and Social Development as a self help group in a name faith of good hope (FAGOHO). This year, 2016, we have had 15 trainees doing tailoring and knitting.
Loan Proposal
I am happy that I finished my second loan very easily making a profit of 30%. I request for a loan with which I am intending to meet my school uniform order for second term use. 70% will be used for buying of school uniform materials and fittings. 20% will be used for recurrent expenditures and 10% for repairs and refurbishing of machines. I am hoping and believing to pay back my loan full in time, making a profit of about 40%.
With regard,
Antony Gitonga
About Me
MY name is Antony Ndegwa of Eldoret town uasin-gishu county munyaka estate in Kenya i am 41years age old married with three daughters aged between 6 and 13. I am a welder fitter by profession with a diploma in welding and fitting work from R.V.T,I Eldoret, i also have a certificate in tailoring and knitting work .i have been in this business for more than10 years working diligently and focusing in my business success, to one day have a factory of my own and create employment opportunity in my county especially for the youth who are suffering for unemployment.
My Business
My business is making school uniforms and knitting i sell my products in whole sell ,This business is good because the school uniforms in Kenya is compulsory ,i normally buy the material high quality and affordable price at local factory and also from Nairobi . which makes me sell my products in a competitive price within the county at whole sale price . i work with youth with special need i train theme in knitting and tailoring ,my center is it is registered under the ministry of gender and social development as an self help group in a name faith of good hope (FAGOHO ) this year 2016 we have 15 trainees doing tailoring and knitting .
LOA
I am happy that i finished my second loan very easily making a profit of 30% . I am requesting for my third loan of 20 US dollar . i am intending to use my third loan to make school uniforms order for second term i am currently having . 70% of the loan will go for material and fittings , 20% will be used for recurrent expenditures and 10% for servicing and refurbishing of machines . i believe that i shall pay the loan in time and make a profit of about 40% . I hope and believe you will consider my request as i remained a trustful zidisha member .
with regard
ANTONY GITONGA
Loan Proposal
I request for a loan of $10 which am intending to meet my school uniform order for second term use. 70% will be used for buying of school uniform materials and fittings . 20% for recurrent expenditure and 10% for repairs and refurbishing f or machines hoping and believing to pay back my loan full in time , making a profit of about 40%.
Feedback
Positive
1
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$95.00
Date disbursed
Mar 17, 2017
Repayment status
Late
Projected term
32 months
Other loans
Lenders
Pitten, Austria
United States
Sweden
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
Ask Antony a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Loading...