Ann
Mombasa, Kenya
100% repaid
Name
Ann
Member since
March 2015
On-time repayments
68 installments • 13%
Since i was in school i have always dreamt to do business.After school i got employed in a boutique in Mombasa where i was working but back in my mind i was getting a business experience to actualize my dream.at the start i had some financial challenges but through my savings from the little salary i got i was able to raise some capital that enabled me to start the business. in 2012 i began my business and i encountered some normal challenges that every young business faces like straining with rent,permits and trying to create a customer base. etc.my place of business is quite ok because in mombasa people really party alot so there's much demand on party dresses.make ups and casual shoes.
my business is mainly about fashion and beauty where i sell handbags,shoes makeups and clothes.i normally set daily and weekly targets for the shop so us to meet the shop expenses,stocking plus rents expenses and my upkeep.it has always been my passion to be in the fashion industry.My shop expenses are:the shop rent,power bills and transportation of stock.From when i started the business,I've been using the profit to grow my business in different ways:getting an internet connection in my shop so as to market the business online,buying shop equipments like manikins and jewellery stands.I only use a quarter of the profit for my upkeep and paying my tithe.
i am intending to increase my stock for handbags and clothes which may cost about 150 Dollars .right now i don't have enough stock and the demand is so high that i feel bad when customers come in to my business and i tell them what they want is not there.the turnovers i will get will help me apply for more loans from you to expand my business. my target is really to grow with Zidisha until i find my self importing these goods which has always been my dream.am also thinking of creating a website to expand my marketing through your help.i currently have an instagram page:Dynamic Trendz.so with your help am hoping i will achieve this because those who have been with you are people to envy now.i also want to be part of this testimony.i expect my profits to double because i will be able to meet the market demand which currently am not able to satisfy due to financial challenges,.
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Neutral
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Negative
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Mar 30, 2015
Repayment status
On Time
Projected term
4 months
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