Sewing business

Benedict

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Benedict

Member since

March 2015

On-time repayments

311 installments  •  69%

About Me

I have grown and schooled in rural Kenya (Eastern Region). I have worked Hard in school till my university. I saved from menial jobs until I had enough money to star my first M-pesa agency. my hobby is visiting children homes and keeping company with the children there. I also love doing football and swimming especially in those sunny days. These days I also find joy running my various businesses which I have started courtesy of Zidisha loans.

My Business

I am an online freelancer mostly doing academic research and supplements it with a M-pesa business. i feel it is socially revolutionizing because it touches on many people lives. my typical costs are internet installation and maintenance of computers. outlay cost is also incurred in purchase of M-pesa infrastructure every time i am expanding. Revenue is inform of commission and fees charged for freelancing. my proceeds are used to pay school fee for my sister (she is an orphan) and re-invest in the business. With the help of Zidisha I have started other businesses such as Sewing business, and fast food cafe near the University. I am now running these businesses and slowly building my own small business empire in my own small way.

Loan Proposal

I would like to buy sewing 5 sewing machines. The sewing machines will go a long way in employing five local women within my locality who are currently not employed. These machines are expected to cost $50 each bringing a total of $250. The rest of money will be used in the initial training of the women after they are employed. This business is expected to increase my earnings by 15% not to mention that it will create employment for local women who are not currently employed despite having tailoring skills.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$236.00

Date disbursed

Jan 27, 2016

Repayment status

On Time

Projected term

11 months

Lenders

johnhudson

Washington, DC, United States

PG

Paul Graham

United States

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