Purchase inventory for my clothing business

Felistus

Gilgil, Kenya

100% repaid

Entrepreneur

Name

Felistus

Member since

January 2015

On-time repayments

115 installments  •  67%

About Me

My names are Felistus Nyambura Ndung'u. I was born in September 21st 1992 being a second born in a family of three. I started primary school in 1999 and completed in 2006. I was admitted in Naivasha girls high school in 2007 - 2010. A year later i was enrolled in Egerton university where am studying bachelor of science in agricultural economics. Late last in my third year i went for my attachment at the ministry of agriculture from September to December. I am still in school in fourth year which is my last year. I plan to study for my masters later so as to further my studies while still operating my business.

My Business

I own a clothes business called smart clothes.in a day i make sales of 1000 Kenya shillings.if converted into monthly sales they add up to Ksh. 26,000. I pay house rent Ksh. 6000 per month.i have employed a lady whom i pay ksh6000. I use Ksh. 5000 to cater for transport and other needs since i go to school part-time. I give my mother 4000 to cater for our house needs. The remaining 5000 i use for restocking my business which is growing gradually. Once i complete school, i will be able to manage my work more efficiently and at the same time open another business related to the course am doing in the university. I am confident that my business will repay the loan. Meanwhile, while in school my mother assists me in managing especially when am doing my exams. Thank you in advance.

Loan Proposal

The money will buy more stock as in , more clothes, shoes and beauty products. All these will enable satisfaction to my customers and to myself inform of much profits. I expect y profits to increase by 15% which will indicate a greater change in my way of doing business.
Thank you.

Feedback

1

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$385.00

Date disbursed

Apr 5, 2016

Repayment status

On Time

Projected term

14 months

Lenders

johnfay

Lusaka, Zambia, South Africa

investor

Candiac, Canada

BelleStarr

Albuquerque, United States

Scott

Oregon, United States

F

FHult

Stockholm, Sweden

Zidisha

Sterling, United States

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

indeh

London, United Kingdom

D

Divergent

Bethesda, United States

ads68

Melbourne, Australia

fairspirit

Utrecht, Netherlands

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

JonB

London, United Kingdom

xtrahardware

Cazenovia, United States

E

E

Marin county, United States

C

Clben7

Cincinnati, United States

DavidHS

United Kingdom

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

Grant Xavier Storer

Seattle, Wa, United States

S

satheajay

United States

S

Stephan

Netherlands

KM

Kirsty M

United Kingdom

Gab

Singapore

Dave Bogard

New York, United States

E

erica

antwerpen, Belgium

M

Marc

Newcastle upon Tyne, United Kingdom

PG

Paul Graham

United States

Rosario von Li

San Jose, Ca, United States

Diego

Monza, Italy

G

godwintang

Costa Rica

T

tonym

Australia

RC

Rudi Chen

United States

E

Elynne

United States

HPK

Switzerland, Switzerland

BW

Betty Waweru

United States

B

Brett

Australia

RG

Ravi Gadad

United States

Bill Ballew

Kansas City, Missouri, United States

JA

Jan Andresen

Hamburg, Germany

ED

em degu

United States

Larissa

Germany

Sinan Taifour

Munich, Germany, Germany

PB

Pamela Barge

United States

KK

Kanwar Kumar

Oslo, United Kingdom

MM

Matyas Matyas

Budapest, Romania

JM

Jane Mattoon

United States

AH

Amy Hammond

United States

RK

Robin Kline

United States

E

El

United States

SP

Svetlin Panayotov

Targovishte, Bulgaria

Noemi L Dado

Manila, Philippines, Philippines

Caitlin Campbell

Chicago, United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

WS

Warren Shen

United States

Seppo Ruohonen

Vantaa, Finland

Humble Bundle Community

San Francisco, United States

United States

Cora and Andi

Frankfurt, Germany

SM

Sue MacFarlane

United Kingdom

K

keithlaycock

United Kingdom

NM

Nitya Marepally

San Ramon, CA, United States

Day Family

Melbourne, Australia

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

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  • Felistus    Jun 24, 2017

    I also wanted to enquire about the refund, that is, the amount that i was deducted when i was given the loan. I hope to her from you. Thanks

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  • Felistus    Jun 24, 2017

    Hello lenders, I hope you are doing Great. I just wanted to thank you for your help in boosting my business. My business has been doing well and am grateful to you. I have fully repaid the loan despite having some challenges. Thank you and God bless

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  • John    May 15, 2017

    I called Felistus and but unfortunately my call was not answered. I was however lucky to get the John the person who invited her to Zidisha and good enough he is also a VM and understood this issues. He informed me he will call her and establish the cause and let brief me and also advise her accordingly.

    John
    VM

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  • John    Apr 14, 2017

    Hi Zidisha and lenders, I called Felistus and she told me she pays her loans on March 24th of every month.

    John
    VM

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  • John    Mar 2, 2017

    Hallo Zidisha, I have tried to contact Felistus or any of her contacts in vain, will try again.

    John
    VM

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  • John    Jan 16, 2017

    Hallo Zidisha and lenders, today I talked with Felistus and we had a lovely chat. She says she would like to be paying monthly payments as opposed to weekly payments.

    She will restart paying at the end of this week.

    John
    VM

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  • Felistus    Dec 20, 2016

    Hello lenders... I apologize for the frequent adjustments...when I changed my installment amount to 2000 I meant 500 shillings per week not 2000 shillings per week. So I would like to change my installment amount to 750 shillings per week which will amount to 3000 shillings per month. My business is doing well especially in this holiday season where it is at its peak . Thank you for your support and I hope you will fulfill my request. Thanks. Merry Christmas and a Happy New Year.

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  • Felistus    Nov 17, 2016

    I want to reduce my monthly installments to 2000 shillings because I have been helping my mother in her business that she started and am still paying for my accounts classes. The loan is really helping cz my business is doing well but it has been slow for sometime.

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  • Felistus    Oct 5, 2016

    Hello lenders, i would like to change the installment amount to KSH 3000 and be paying monthly because paying the amount per week is somehow straining for me since i am also paying for my CPA exams and classes. So paying per month would be easier for me since i also have a formal job where i get a salary. My business is doing okay and it can sustain itself. I cant complain. Thank you.

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  • John    Sep 23, 2016

    Hallo Zidisha Team and lenders, today we had a nice talk honest talk with Felistus and she explained the reason for the late repayment.

    She informed me that she had to clear her University fees and could not therefore afford to repay her loan on time.

    I advised her to be letting the Zidisha Team and the lenders of what is going on since they will also understand her predicament.

    She later repaid her outstanding amount of $30 so that she is upto date; she forwarded me the message with M-Pesa # KIN2S2FZG6.

    She told me she is commited to be repaying on time.

    John
    VM
    Kenya.

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  • Felistus    Sep 21, 2016

    Hi lenders. Sorry for the late repayment been a bit tied up.but I'll pay the whole outstanding amount by Friday. Sorry for the inconvenience.

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  • John    Jun 18, 2016

    I called Felistus but she did not pick up her phone. Tried the second time but the it went un answered.

    John
    VM

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  • Felistus    Apr 2, 2016

    Hello, hoping you all doing great.
    The moneys you will be providing will enable me purchase my stock in the following manner; the 10,000, i will buy clothes for both ladies and men and the 15000, i will purchase shoes for both men and ladies, then the 8,000, i will purchase some beauty products for the ladies. The extra 6000 i will keep as float for the business to act as expenditure for future additional expenses for the business.
    I am hoping through this month, it will be a profitable month since there would be stock of mostly what they need and advantageously there would be some float money to get some extra products for the customers when demand increases.
    Thank you once more lenders for the support and it has and greatly has been of help. Thank you.

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  • Felistus    Mar 21, 2016

    Hi lenders, hope you are doing great... the loan you gave me has helped me a lot since I was able to purchase stock for my business and also pay part of my school fees, including my school project. Also through this loan, my earnings have increased from 1000 KES to 2000 KES, hence I have been able to meet the day-to-day needs of me and my family. Thank you, Zidisha family, and may God bless you abundantly.

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  • John    Mar 11, 2016

    Congratulations on repaying your loan in full!!! Your determination is so great and I wish you all the best.....with this pace you are set to go far.....

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  • Felistus    Sep 7, 2015

    Hello lenders.
    I just completed exams and the loan has really been of great help.
    Thank you so much.

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  • Felistus    Jun 18, 2015

    Thank you, lenders. I received the loan... it will be of great help in aiding in my school project and paying for part of my school fees, and also in boosting my small business... thank you so much.

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  • Felistus    Jun 16, 2015

    Via mpesa

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  • Felistus    Jun 16, 2015

    Hello lenders...I have sent my zidisha membership fee via mesa...thanks

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  • Felistus    Jun 11, 2015

    Thank you, lenders, for the loan... this loan will help in funding my school project and also will pay part of my school fees... thanks.

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