Second hand baby clothes

Lillian Peter

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Lillian Peter

Member since

April 2014

On-time repayments

286 installments  •  94%

About Me

I am a Kenyan citizen. After completing my high school education, I volunteered to work in a nursery school that was in my village. While teaching there, I realized there was fulfillment in teaching young children and so i later enrolled in a teacher training college.I am now a teacher by profession teaching in a Kenyan school. I enjoy my work immensely since each new day I learn from my students and they also learn from me as well.It is a fulfilling opportunity for me since i also get to interact with young innocent children who are so much fun to be around! I enjoy the outdoors so much and when i am free i take nature walks mostly with my learners.Reading books also inspires me a lot so i always set some time for that each day.

My Business

I have an established shop that sells second hand children's clothing. As we know, children are always growing and the demand for their clothes is always there. My business is doing great as i am able to cloth children from low income households and even middle income homes who cannot afford to buy new clothes from shops. Thanks to the first loan i got from Zidisha, I have been able to increase my stock and also expand my business. I am back again for another loan. The Zidisha community has really helped me, and I could never be more greatful. With the loan of Ksh 103,985, I intend to add an equity bank counter. I will use $800 as my equity bank float, add $24 as my Mpesa float. With the income I get, I intend to increase my second hand shop cloths and comfortably pay my son's school fees.

Loan Proposal

With the loan of USD 255, I will receive USD 81 from zidisha. USD 174 will be used as a one time Zidisha members loan fund deposit. I will use USD 70 to buy more mitumba (second hand baby cloth)bales. This will enable me to sell the clothes at a much lower rate than my competitors since i will have bought them in wholesale prices. This will increase my sales by over 80% and i expect to make better sales since its now in the cold season in Nairobi. Parents will be able to get cheaper clothes for their children and save so much on their budget. The remaining USD 11 will be used to buy an umbrella for covering my stall where i will be displaying my clothes for sale.

Feedback

3

None

None

  • Dean Suminski    Jun 30, 2017

    Congratulations on paying off your loan! Keep making the world a beautiful place.

    Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$252.00

Date disbursed

May 13, 2016

Repayment status

On Time

Projected term

3 months

Cost to entrepreneur

Service fee: $10.38

Lillian opted to pay $141.18 into the Zidisha Members Loan Fund in return for a higher starting credit limit.

Lenders

investor

Candiac, Canada

BelleStarr

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NhinSD

San Diego, United States

MichaelS

Canberra, Australia

E

ElmTree

Wadsworth, United States

Ambrose

Calgary, Canada

N

niklas

Schemmerhofen, Germany

R

rcmssr

Woodbury, United States

R

Roman

Barcelona, Spain

T

ToddK

Indianapolis, IN, USA, United States

C

cjmenchaca

Austin, United States

B

briansedz

Canton, Ohio, United States

P

proby24

Singapore, Singapore

J

JandC

Watsonville, United States

A

Aleks

Oslo, Norway

Z

Zippo

Berlin, Germany

amovida

Central valley, ny, United States

Cloudways

Malta, Malta

IA

Ismini and Jerry

Stamford, USA, United States

D

danderson1953

Plainsboro, United States

AdvancingCompassion

San Diego, United States

pentatonicscale

Niiza-shi, Japan

E

eirccharrie

Cupertino, United States

FrederikMatthijs

ghent, Belgium

O

Oktober

North Kingstown, United States

dhulsterwim

LIER, Belgium

E

edgreig

Brixton, United Kingdom

E

eboleaga

Mexico City, Mexico

basicus

Cairo, Egypt

IM

Isak Maaseide

Tromso, Norway, Norway

A

Andy

Berlin, United States

A

alkemyst

Geneve, Switzerland

fairspirit

Utrecht, Netherlands

roberta.zenere

Accra, Ghana

Zal0m0n

Atlantis!!!! x), Mauritania

D

Dealbert

Stockholm, Sweden

hriday

Mountain View, CA, United States

JonB

London, United Kingdom

dmirpuri

Bangkok, Thailand

zZola

Gilford, United States

M

mibrahim51

Mountain View, United States

J

jhunt85

Surrey, Canada

pvilliger

Zurich, Switzerland

Shemuel

New Jersey, United States

S

spivurno

United States

Paul Buchheit

Mountain View, United States

A

ahgillett

United Kingdom

B

bugdaniel

Switzerland

C

condo86

United States

mepster

San Francisco, Ca, United States

Suman

Gold Coast, Australia

martinw

Stockholm, Sweden

S

sarahb

United States

C

cocolo

United States

adrianz

United States

A

adamdreaming

United States

P

Paul

United States

VS

Vajean Stan

Mangalia, Czech Republic

Sara

United Kingdom

Gerald Sporbert

Chemnitz, Germany

JL

Jindou Lee

United States

MW

Matt Willis

United States

H

Hakon

Drammen, Norway

A

André

Basel, Switzerland

R

Ryan

United States

Matthias

Seattle, United States

Thomas

Mueller, Germany

KL

Ket Lin

United States

PG

Paul Graham

United States

Diego

Monza, Italy

JA

Jan Andresen

Hamburg, Germany

SA

Shar Alamdari

Los Angeles, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

M

Mika

Switzerland

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