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

1

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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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  • Svenip    May 2, 2019

    Hi Phinais, I am happy to see your restarted repayments. I hope you are well. Please give us an update. Best wishes!

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  • nycjen    May 17, 2016

    Hi Phinais, I hope you are doing well. How is your business doing now?

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  • Phinais    Feb 20, 2015

    Hi zidisha team and all my lenders,you have made a deffrent in my life and my familly we have been able to increase earnings by expanding the products we make in our business.The number of students in need of dressmaking skills is growing.
    Thank and God bles you all.

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  • Phinais    Nov 5, 2014

    Hi Zidisha team and all my lenders .Our business is doing fine and making a great impact in our family and those of other people we have employed/assisted to gain skills in the society to become self reliant.
    Thank you accepting to lend us and is our hope to be paying our loans on time.
    God bless you all.
    Thank you.

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  • Phinais    Jul 15, 2014

    Due to the processes i havebeen undertaking to relocate our bussines to a more open market place our profit income went down thus affecting our continous payment as schedule be for.Hopefully with new foud market segement we shall be able to increase sales volume and maximize on profit becouse we want to introduce other products in this market.

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  • Phinais    Jul 15, 2014

    Hi zidisha team and my lenders i thank you for all you have done to make me who im to day, our business is still doing well ,however i havebeen in the process of relocating our business to amore open market place where we get more customers.This process have in one way or the other affected our normal income genaration but to new identifide segement we shall be able to increas and maximise on the profit.
    God bles you all.

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  • Phinais    May 5, 2014

    Hi zidisha team and my lenders,the loan i received is helping our business to grow well .However becouse of low season we are strugling and when season start picking up we shall to much to expand to verious products.
    We wish you all the best.

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  • Martin    Apr 24, 2014

    Well done Phinais for your continued effort to repay your loan. Keep up man

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  • Phinais    Mar 28, 2014

    I Wish to reschedule my loan which is due 29/3/2014.my son was taken to hospital this month ant i have used more cash that i m not able to save much to meet my next payment.Because of this we have not been able to operate our business as normal ant attend to our customers every day and this has affected our income.We hope that after two weeks we shall be in a position to continue with our payment.I wish to reschedule from 29/3/2014 t0 12/4/2014 as my next paying date.
    Thank and God bless you.

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  • Svenip    Mar 23, 2014

    Dear Phinais, I hope all is well. How are you wife's classes going. Best wishes!

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    • Phinais    Apr 6, 2014

      Thank for writing to us here.we are continuing very well and we hope to expand in future.

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  • Phinais    Feb 25, 2014

    Am grateful for the support towards my business because it has drastically expanded thus serving more customers but due to change in fashions am losing a lot thus my wife will start the training classes for modern fashion at government institutions thus we are expected to pay some money which will affect my plans thus I kindly request my lenders to allow me reschedule my loan by paying Kshs 500 per week instead of Kshs 1439 so that my wife can improve the skills thus also improving the business clients base. Thanks for supporting my business.

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  • Phinais    Feb 12, 2014

    Thank you Zidisha team and my Lenders i received my second loan yesterday.Hope full that my business is going grow more this year through this loan.
    Thank you God bless you.

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  • Phinais    Feb 8, 2014

    It's great pleasure to thank zidisha team and my lender who funded my second loan.Am sure that this will continue improve for my business.
    God bless you.

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  • Phinais    Feb 8, 2014

    Hi Lenders,

    Thanks for contributing towards my loan hence I kindly request more lenders to consider contributing towards my loan. This will enable me to expand my business, create employment to local people and increase my revenue hence repaying the loan in time.

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  • Phinais    Feb 7, 2014

    Am very happy for being given another chance to make my second loan application.I know my lenders will keep on trusting me that i will be able to repay this loan on time.
    God bless you.

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  • Phinais    Feb 6, 2014

    I m very happy for zidisha group,my lenders and mentor for i have just been able to complete my loan repayment this months .The loan helped me very much to set up my business and our customers were very happy because we have been meeting their demand on time . It's our hope that we shall be allowed other opportunity to make other request .

    Thank you and God bless you.

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  • Phinais    Jan 23, 2014

    Hi zidisha and my lenders this year 2014 started very well for our business hence my on time repayment .its my wish that our customers respond will be positive to enable us complete the loan on time.
    Thank you for the good work you are doing.

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  • Phinais    Dec 23, 2013

    It 's my great pleasure to wish ZIDISHA group, all members ,my lenders and my volunteer mentor Mr Martin Gitonga a happy Christmas and a prosperous new year 2014.Our business is doing very well and we hope to gain more this Christmas season.God blase you all.

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  • Phinais    Nov 12, 2013

    Thank you lenders I have started using my loan by buying materials in readiness for DECEMBER holiday where the demand is so high for the clothes.God blase you.

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  • Phinais    Oct 26, 2013

    Hi, ZIDISHA Am happy and thankful to you for i have just received my first loan from you. I'm looking forward for great business and i will be sticking to repayment schedule.
    How I wish other would realize the impact ZIDISHA loan can bring into their lives.

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