Selling Kikoi cloth, beadwork and baskets

Catherine

Nyeri, Kenya

99% repaid

Entrepreneur

Name

Catherine

Member since

August 2016

On-time repayments

58 installments  •  24%

About Me

I grew up and schooled in Nyeri. After high school I went to college where I studied tailoring and dress making then got married and had five children. My husband later passed on and currently I live with my five children. I dream of a much better future where I will have a prosperous business, be economically stable and purchase a house of my own. Before I started my current business of bead works and basketry, I used to sell clothes in different towns but had to stop due to asthma which made it difficult for me to travel.

My Business

My business deals in bead works and basketry. I make and sell beaded baskets and trays as well as necklaces, earrings, finger rings and key holders. I also sell Kikoi clothes, Kitenge clothes as well as kanga clothes (wrappers) and sandals. I entered into business in order to be able to provide for my family needs after the death of my husband. My biggest challenge is where I can get more money to improve my business. Most of my customers are gift shops which buy my products on order. However, I also sell at retail prices to individuals. I hope to expand this business in future and start selling to customers outside Kenya.

Loan Proposal

Given the loan with some of my little savings I will buy kikoi clothes, beads, baskets and kanga clothes. Kikoi will cost ksh 5000, beads ksh 1000, baskets ksh 5000 and kanga clothes ksh 3000. The purchases will increase my stock and improve on my sales and profit. This will make the business stable and enable me to be able to meet my basic needs such as more and better food for my family.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$144.00

Date disbursed

Nov 11, 2016

Repayment status

On Time

Projected term

5 weeks

Lenders

Generaal

Antwerp, Belgium

W

Wade

United States

V

Vivek

Arlington, VA, United States

PG

Paul Graham

United States

R

Rahima

United States

Anonymous

Ocoee, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Shane Bugeja

Mankato, Minnesota, United States

A

Anonymous

United States

Hans Moor

Vorden, Netherlands

Paul Buchheit

Mountain View, United States

YA

Yusuf Alzeera

Bahrain, Bahrain

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