Consolata

Githurai, Kenya

61% repaid

Entrepreneur

Name

Consolata

Member since

September 2013

On-time repayments

113 installments  •  35%

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.

Feedback

1

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Loan Info

Project Type

Classic Loan

Disbursed amount

$257.00

Date disbursed

Jan 23, 2014

Repayment status

Late

Projected term

25 months

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  • Consolata    Sep 11, 2014

    Dear Zidisha Lenders,
    Sorry I have been away and did not have access to my phone. The place had poor reception and I could not be able to use my sim card to make any payments. Thank you so much for your patience and kindness.
    My business is doing well now. I would like to reschedule my loan and increase my weekly payment to Kes 300. I apologize again for the late payment.

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  • Consolata    Jun 16, 2014

    due to the tragedy i had when my business was broken down, it have been really had for me to recover. i have not being in a position to bring back enough stock.i had a young lady working for me whom i still had to pay her month salary.am a single mother of one daughter hence making it difficult for me. please understand.i promise to make up to you immediately everything goes back to normal.i kindly apologize to the entire zidisha team.thankyou.

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  • Consolata    Apr 21, 2014

    Dear lenders,

    Thanks to all who supported my loan during funding, the loan has assisted me a lot but unfortunately my shop was broken into and my stock stolen. I will not give up because I have already established client base so I am planning to reduce the amount because currently I have used my savings to restock the business. Kindly allow me to reschedule but if business start to generate good profit then I will continue to pay higher amount. Thanks

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  • Consolata    Mar 11, 2014

    Am very grateful to my lenders for accepting my request to reschedule the loan during the period my child had accident but now she has healed and now I will dedicate my salary towards repaying the loan. My business is doing great and the clients have increased. I want to be repaying Kshs 1000 per week rather than Kshs 300 because I am not having extra expenses.

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  • Consolata    Feb 6, 2014

    Dear Zidisha lenders,

    am sorry to reschedule my loan but my child got an accident and she is admitted to hospital so currently I will concetrate on paying the bills but when am done I will revert to my proposed rate. Am sorry fot the change but its out of my control.Its my hope that all these tempations will be over and God will fight for me. I know I have disapointed you but I will ensure to repay the loan till the last peny.

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  • Consolata    Jan 27, 2014

    Dear Zidisha Lenders,

    Thanks for considering to support my loan hence I received the money and I have made various purchase as stated above and my clients are happy because they have a variety of tastes and likes to choose from. I will ensure to repay the loan on time and keep you updated on the progress of my business. Thanks and God bless you.

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  • Consolata    Jan 18, 2014

    Dear Zidisha Lenders,

    Thanks for considering to support my loan hence I request morwe lenders to consider my loan and I will use in purchasing more stock and also keep you updated on the progress and also will ensure to repay loan on time and this will be from my salary so that the business the grow without pressure of withdrawing alot of acsh. Please consider supporting me

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  • Consolata    Jan 12, 2014

    Dear Zidisha Lenders,

    Thanks for considering to support my loan hence I will keep you posted on the outcome and also ensure to repay the loan as anticipated. I request more zidisha lenders to contribute towards my loan so that I can expand my business. Have a blessed day

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  • Consolata    Dec 16, 2013

    Dear Zidisha Lenders,

    Thanks for the support because my business has drastically increased in terms of products because I have a varieties of products thus many customers are visiting my shop now and then hence making great sales. Yesterday I went to purchase more stock and I got with good prices which will enable me to make profit then share with my lenders because you are part of my business. This will be my best christmas because of great sales and also after christmas I will invest in school supplies to capitalize on the children going to school.

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  • Consolata    Dec 8, 2013

    Dear zidisha lenders
    sorry that i have been queit for such a long time.December month is a bit busy with selling Christmas clothes.i manage to be making big sales and all thank and gratitude goes to you zidisha lenders.Again i salute your support and you are an inspiration to me.hopefully to be making payment weekly.thankyou.

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  • Consolata    Oct 24, 2013

    Dear Zidisha Lenders,

    Thanks to all who have contributed towards my loan because I have managed to purchase the new stock and with my skills I have managed to reach out to more people and it's yield more results and with Christmas festival around the corner, good things on the way and so I will start repaying my loan this week with proceeds from what I have received. Thanks Zidisha for supporting my business because poverty will never come near me.

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  • Consolata    Oct 3, 2013

    Dear Zidisha Lenders,

    Thanks all who have contributed towards my loan because I have received the cash and now I will am using it to purchase the required stock because I want to capitalize on the end month sales but I will also use my sales and marketing skills to ensure the the business makes sales. I will keep you posted on the progress of the business also I will ensure to repay the loan as proposed. Thanks and God bless you.

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  • Consolata    Sep 28, 2013

    Dear Zidisha lenders,

    Thanks for contributing towards my loan and God bless you all. I will keep you posted on the progress of my business.

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  • Consolata    Sep 27, 2013

    Dear Zidisha Lenders,

    Am grateful for the lenders who have contributed towards my loan hence I kindly request more lenders to contribute towards my loan. I will ensure to repay the loan as suggested.

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