Selling of underwears
Elizabeth Gitau
Ruiru, Kiambu County, Kenya
100% repaid
Entrepreneur
Name
Elizabeth Gitau
Member since
July 2014
On-time repayments
268 installments • 67%
About Me
I am a hardworking lady who loves her family and loves doing business. I believe that business is very important in the growth of every country. Additionally the more people are in business, the lower the unemployment rate becomes. I thank God for Zidisha which is a great platform for budding business people.
My Business
I started my business about three years ago with an initial capital of Ksh150,000 ($1726) it entails reselling of both men‘s underwear and socks as well as women‘s underwear .The business accrues a monthly income of Ksh25,000 ($288) in sales and a net profit of about Ksh9,000 ($104).My monthly expenses include rent for the business premises and salary for my one employee all totaling to Ksh15,000 ($173) .My business projections for the coming years is to expand it to a larger one with huge variants of products to counter the costs I encounter. I want to also want to create more jobs to the community around by employing a few more personnel.
Loan Proposal
Once again iam grateful to zidisha and my lenders, iam here requesting for this loan to expand my business to a high note,I am opening another branch in a different town I employ my sister who has two kids to take care of my profits will raise to upto 60 percent because I'll now be targeting two shops.God has been faithful to me n through zidisha I've touched people's lives like where I mentioned I am paying school fees for my niece and I've employed another sister who is now able to take care of her two school going children, if I get this third loan I know profits will go high ill get my two kids an education policy. THANK YOU LENDERS N ZIDISHA IN WHOLE.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$630.00
Date disbursed
May 11, 2015
Repayment status
On Time
Projected term
14 months
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