Stock material to make readymade clothes for boutiques

Ambrose Otongo

Nairobi, Kenya

69% repaid

Entrepreneur

Name

Ambrose Otongo

Member since

January 2015

On-time repayments

170 installments  •  39%

About Me

I was born in the slums of Kibera Nairobi and growing up was practically a nightmare since most of the time there was no food for us,being in a family of 7 siblings and being the 6th born it was a hell of time but god willing i managed to be through with my primary and secondary education.after secondly i started doing casual jobs in the neighboring rich estates and within a year was able to save enough to buy a shewing machine which i started business with.my hobbies include traveling,reading and attending fashion events.

My Business

In my shop i offer the following services;repair torn clothing,prepare ready made for selling and supply to other shops.Clothing is an important and basic need to everyone ,using my creativity and techniques come up with thew latest and new fashion clothing that satisfy my customers. My cheap prices also acts as an advantage for attraction of customers.a sell a typical ready made suit at KES 3000 ($33),a female dress at KES 2000 ($22) and charge on repairs and other services at cheap prices.From my business i make a profit of about KES35,000 ($ 389).I use my profit to support my family members and purchase of basic equipment for my shop. my businesss has done miracles in my life.

Loan Proposal

I will use the loan to buy more material to produce more readymade clothes for supply to boutiques and sell in my shop if I am funded. This is due to increased demand of readymade clothes. one piece of material ranges between ($ 8-33)I will buy a stock of this materials together with other production materials in order to sell them which will increase my profit by at least30%. Hope my loan will be funded. Thanks in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$195.00

Date disbursed

Mar 18, 2015

Repayment status

Late

Projected term

38 months

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  • Ambrose Otongo    Mar 7, 2017

    Luck of funds

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  • Ambrose Otongo    Feb 4, 2017

    Am sick

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  • Ambrose Otongo    Oct 12, 2016

    I can be able to pay more.business is getting better.thank you.

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  • Ambrose Otongo    Oct 6, 2015

    hey

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  • Ambrose Otongo    Sep 7, 2015

    At times business is seasonal. I have come to realize this when I once failed to pay my loan in time. But thanks to zidisha for the idea of Loan Adjustment link. am now ok to pay every week without fail.
    Thank you!

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  • Ambrose Otongo    Mar 17, 2015

    Big thanks to Zidisha once more. You have made my second loan a success!
    Amen.

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  • Ambrose Otongo    Mar 4, 2015

    Truly am with the zidisha initiative. The funds I received for my first loan has enabled me to serve many customers since I did not west time to rush to the market daily to only buy one material for a specific customer. I had enough stock.
    Thank you so much and please fund my second loan.
    Ambrose Otongo
    Kenya.

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  • Ambrose Otongo    Feb 17, 2015

    dear lenders,
    i thank you all for the best efforts you made towards my loan contribution. the stock is fine and am now serving my customers well.
    thanks the zidisha team.
    Ambrose Otongo.
    KENYA

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