Matilda

Mtwapa, Kenya

100% repaid

Entrepreneur

Name

Matilda

Member since

January 2013

On-time repayments

101 installments  •  8%

About Me

Am matilda Masika Ngala, a resident of mtwapa and a business lady in mtwapa. Am a single lady living with my parents here in mtwapa. Am a primary school lever having done my KCPE Examination in 2007, i did not get the chance of joining to a secondary school because of my family's financial status.After my primary education i went to a tailoring course which i trained at a tailoring shop here in mtwapa. This place really had the best and qualified personnel and i really acquired the best knowledge i needed. After this i was employed at that shop where i worked for two years before starting my own.with the saving i had from my salary i managed to buy my own sewing machine which has been helping me so far.With the experience i got from my previous employee am so happy that my customers are satisfied with the services that i provide.The services i provide at my tailor shop are like designing of different types of wears both lady's and gent's wears. i also have few customers for school uniforms from nearby private schools. With the profit i ge i buy food for my family, despite being single i have a role to play in my family since am the elder and only working person in my family so i have to support my parents in family needs. i also pay school fees for my brother who is in secondary school in form four. i also pay rent at the shop as i shifted my tailor shop from my home in search of good business site.I also save the remaining amount in my account

My Business

Am a tailor by profession having done this type of business for almost four years now.I do this business in mtwapa area. In this business i repair worn out cloths, design new cloths as well. i also have some schools whom i design school uniforms for them. I get the raw materials from dealers and some time i buy the materials from a neighboring country, Tanzania.Most people like the Tanzania materials because they are the latest design and fashionable.This business has been so wonderful to me as i make a profit in this business.risks in this business are like late payments, and othe times fluctuation of prices in the raw materials. In this business i make a monthly income of ksh 20,000 per month. With this amount i use ksh 5,000 paying school fees, ksh 2,000 paying rent at the shop,ksh 5,000 is used in buying food for the family. so i save ksh 8,000 per month.With this amount i can repay my zidisha loan with out any problems. As a youth i want to create employment to my fellow youths. in this i want to expand this business to a higher level so that i can employ others.

Loan Proposal

Thank you so much for your effort towards my loan application, God bless you all who made my application a success. with this loan i want to add more material to my tailoring shop, as there are new designs in the market now. With this addition i will have more potential to my customers So this will add more value to my business so i expect more profit.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$500.00

Date disbursed

Jan 22, 2013

Repayment status

On Time

Projected term

12 months

Other loans

Lenders

investor

Candiac, Canada

B

Bpryse

Long beach, United States

B

Bavarian

Bavaria, Germany

Sundstroms

Falun, Sweden

Creole1

Mobile, Alabama, United States

Jouni

Finland

Taata

Multia, Finland

pentatonicscale

Niiza-shi, Japan

zphelj

Dallas, United States

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

Loading...

Loading...

Loading...