Stocking second hand shoes and clothes in big volumes

Damaris Wanjiru

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Damaris Wanjiru

Member since

December 2014

On-time repayments

201 installments  •  34%

About Me

My name is Damaris Gathoni Wanjiro from kiambu county in the outskirts of Nairobi. I was born in a family of 8 and I am the third born daughter, I went to school up to secondary school and did not proceed to college due to lack of fees.
Due to finance issues I was unable to raise money for my upkeep and therefore that is when I started working as a sales lady for a second hand cloths shop. I always had a dream of owning my own business and after working for six months armed with $50 savings , I started my own second hand cloths business.
The business picked up well but due to financial constraints and family needs I am always left with very little for expansion.
I come from the Gikuyu community in central Kenya we are reach of culture and the most outstanding is our community traditional dance, we also serve nice and delicious traditional African dishes.
During my free time I like singing and dancing. I am also a social worker and in my free times I attend to children and elderly in there nearby hospital.

My Business

My business entails retail of second hands cloths and shoes . I always do my business in Ruaka Town off Nairobi city towards Kiambu. I sell to my clients affordable second hand cloths.
My target clients are the low income earners, so I always sell them what they can afford. I source my merchandise from Nairobi city . The demand for my cloths is always high because I sell quality products at affordable rates.
In a month my revenues are $250 and my expenses are about $120 so in a month I make profits of $130 .I spend the money on saving for my college fees ,paying fees for my siblings and general family expenses.

Loan Proposal

courtesy of zidisha lenders my business is now established...i would like to expand my business by buying second hand shoes and clothes in bales which will cost about 250$ so that i can target both retail and wholesale clients ...with this my sales my sales volume will increase and hence my profits...this will enable me to sort my bills comfortably and fully support my siblings in their education as am reaching out to the less fortunate in the society since thats my passion.....Thanks zidisha lenders in advance as i await your consideration

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$214.96

Date disbursed

Jul 27, 2015

Repayment status

On Time

Projected term

61 months

Cost to entrepreneur

Service fee: $7.00

Lenders

Paul Buchheit

Mountain View, United States

Ask Damaris a question about this loan project, share news and photos of your own, or send a simple note of thanks or inspiration.

Please log in to comment.

  • Damaris Wanjiru    Jul 25, 2022

    Thank you members for supporting my business.i highly appreciate

    Log in to reply • Share
  • Damaris Wanjiru    Jul 25, 2022

    Thanks you sir for funding my business. I highly appreciate

    Log in to reply • Share
  • Damaris Wanjiru    Nov 30, 2018

    Zidisha Team kindly help me in getting a new loan...my loan application is being declined for the second time

    Log in to reply • Share
  • Damaris Wanjiru    Nov 30, 2018

    .The previous loan enabled me to buy more inventory for my business
    .The purchase has made it possible for me to meet my clients demand and expand my business
    .My Earnings has increased to 15000 worth of sales weekly
    .From realized profits I can easily support my siblings and pay school fees for them,also now am a mother two and my business is supporting my family
    .Now been a holiday season as a way of giving back to the society I Will visit a nearby children home and show them love by sharing time and the little I have

    Log in to reply • Share
  • Damaris Wanjiru    Nov 19, 2018

    Hello zidisha team and lenders ,,can you please consider giving me a loan,,,I have cleared the previous once,,,I had some financial challenges that's why I delayed in making the payments on time....Now am back on my toes and back to business, I really need the loan to boost my stock, to take care of my siblings and my family.. Thank you

    Log in to reply • Share
  • Damaris Wanjiru    Nov 19, 2018

    Thankyou zidisha for your continued support,,, I now have a business up and running courtesy of zidisha...with this new loan am going to add more stock hence realize more profits...I have also expanded my business,now am able to import few baby stuff from China

    Log in to reply • Share
  • Damaris Wanjiru    Oct 31, 2018

    Would like to reduce to an amount that I would comfortably be able to raise

    Log in to reply • Share
  • Elizabeth Gitau    Apr 29, 2017

    Spoke to Damaris she said she had gone to maternity leave n she had to first close her business she is resuming next month n she will pay up her arrears

    Log in to reply • Share
  • Damaris Wanjiru    Dec 14, 2015

    business not doing so well and i would wish to finish my dues

    Log in to reply • Share
    • Elizabeth Gitau    Jan 22, 2016

      Reduce the amount to pay weekly which u can afford to pay even if it's how little but be paying something imagine i can't invite more members

      Log in to reply • Share
  • Damaris Wanjiru    Nov 2, 2015

    Business has been a bit down... But Will adjust to a higher amount once things get back in shape

    Log in to reply • Share
  • Damaris Wanjiru    Aug 15, 2015

    this week i sorted my rent n staff so am abit down on finances...thou i will adjust my installment to a higher amount as soon as i can... regards damaris

    Log in to reply • Share
  • Damaris Wanjiru    Aug 9, 2015

    greetings to zidisha lenders and zidisha community...this is to let you know that loan of kes 20800 was well received....thank so much and so greatfull for giving me an opportunity to expand my business...now i have stock worth 1000$ with one employee...may God continue to bless zidizha community...long live zidisha

    Log in to reply • Share
  • Damaris Wanjiru    Jul 25, 2015

    Am so humbled by the zidisha lenders and entire zidisha community for giving me an opportunity to expand my business by lending me cash....with 200$ i will add on my stock henceforth i will target both retail and wholesale clients....thankyou so much zidisha lenders..am so greatfull and thankfull...God bless you all

    Log in to reply • Share
  • Damaris Wanjiru    Jul 12, 2015

    before my friend had introduced to zidisha i had truly lost hope since i had business ideas but i didnt knw where to get the funding from,fortunately zidisha lenders came to my rescue and funded my business of selling second hand shoes...now damaris is a happy enterprenuer and my business has expanded with two employees,i can comfortably pay my bills,support my siblings and give back to society....

    Log in to reply • Share
  • Damaris Wanjiru    Jul 11, 2015

    Thanx to zidisha my business has expanded.. kindly i would like to finish my loan so as i can apply for a higher amount ....long live zidisha and team

    Log in to reply • Share
  • Damaris Wanjiru    May 27, 2015

    Business has been abit down,,,,will resume to 500 as soon as i can

    Log in to reply • Share
  • Damaris Wanjiru    Apr 25, 2015

    I thank God for giving me a chance to come accross Zidisha lenders,,,courtesy of Zidisha I was able to establish my business and now i can comfably sort my bills and support my siblings,,,long live zidisha

    Log in to reply • Share
  • Damaris Wanjiru    Apr 6, 2015

    Hi Zidisha team...my income has started to increase and now i can comfortably pay 500 per week

    Log in to reply • Share
  • Damaris Wanjiru    Feb 14, 2015

    wasnt able to raise 500 ksh this week due to paying school fees and rent

    Log in to reply • Share
  • Damaris Wanjiru    Jan 30, 2015

    hey zidisha team..i do appreciate the opportunity you have given me to enjoy your loan services...january has been a little bit tight on my side and most of my credit customers are delaying on payments therefore i would kindly request for my weeky installment adjustment from 1500 to 500 with effect from 1st of feb 2015 and subsequently once my business picks moment i will adjust my payments back to 1500, having explained my situation your consideration to my request will be highly appreciated..thank you

    Log in to reply • Share


Loading...

Loading...

Loading...