Entrepreneur

About Me

My name is Consolata Njoki Mwangi and am 33 years old. I reside in Githurai Mwihoko and am a single mother with one child aged 5 years. My child is attending school at a local community based school in Mwihoko.

I have successfully completed my high school education and also done diploma in sales and marketing hence secured employment with a local company which involves selling household goods hence I used my savings to open a boutique business that will enable me to provide better life for my daughter. I want to expand my business but have limited resources thus I kindly request Zidisha Members to support my business through the loans.

My Business

My business is based in Githurai Mwihoko and it involves selling of women and children wears. I started this business 6 months ago from the saving from my salary but now I want to expand the business but due to limited resources I cant expand.

I intend to expand the business by introducing clothes for new born babies because they are in demand as in the community their is no one selling new born babies clothes so we have to move to other areas to purchase the new born babies clothes.

I have hired a young lady who will be selling the clothes and also we will introduce door to door services to enable reach more people and with my sales and marketing skills, I will be able to reach more people hence making more proceeds.

My average monthly sales is Kshs 32 000 and the average monthly expenses is Kshs
27 000 and the average monthly profit is Kshs 5 000. I will use my profit to expand the business and also repay the loan while my salary will be dedicated to meeting my family expenses hence their will be no pressure on my business hence it will be in position to grow.

Loan Proposal

Thanks Zidisha Lenders for supporting my business with the first loan hence it assisted me to expand my business and I success managed to repay the first loan and also updating the lenders on the progress. I want to expand my business by purchasing more stock to avoid going to the market to purchase thus reducing my expenses thus with the zidisha loan I will purchase baby diapers for Kshs 6000, Baby dresses for Kshs 5000, baby shorts for kshs 6000, feeding equipments for the babies for kshs 4000 and sleeping materials for the baby at kshs 5200. I will continue to keep you updated on the progress of my business and will ensure to repay as proposed. Thanks for considering to support my business.

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