Thanks for making my business successful hence i want to expand

Phinais

Githurai, Kenya

89% repaid

Entrepreneur

Name

Phinais

Member since

September 2013

On-time repayments

116 installments  •  22%

About Me

I Phinais Akhamati Atema I am aged 35 years old, married and a father to two kids who are aged ten years and 5years. Attained my o-levels in 1996 and moved to Githurai where I was fortunate to get employed by B.M security l.t.d where am still working as a security guard. I later joined college by using part of my salary where I attained a diploma in marketing management. With the ever increasing bills and expenses saw it good to start a small business early in January 2013 which is managed by my wife.

My Business

My business is situated at Khwisero Township, kakamega county in western Kenya. It involves buying of cloth materials from Uganda. The material is then cut and sewn into dresses for sale. The business has been positive since there’s no other tailor in that small town so we are making a good profit. I now need zidisha team to help me get a small loan which will help expand my business by buying a sewing machine for new employee we intend to employ. The new employee will help cater for increased business from our customers. Thank you in advance to all the lenders and the zidisha team for the magical work they are doing to transform small businesses in Kenya and any other country .

Loan Proposal

Thanks for making my business successful hence I want to expand my business by purchasing a knitting machine at Kshs 15700 and Knitting wool at kshs 5400 and more sewing machines at
kshs 5000. I will be in position to improve my revenue because of producing new items which are highly in demand hence we have also hired a young lady who has adequate skills to ensure the knitting products are of good quality. I will keep you posted on the progress and I will ensure to repay on time.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$300.00

Date disbursed

Feb 10, 2014

Repayment status

Late

Projected term

26 months

Other loans

Lenders

EricDWalters

Rochester, Mn, Usa, United States

A

anonymus

Moon, United States

Svenip

Vienna, Austria

B

bopsquod

Seattle, Wa, United States

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

N

nycjen

United States

NA

NO ACCOUNT

Bluba, Germany

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