Eunice

Olobai, Kenya

100% repaid

Entrepreneur

Name

Eunice

Member since

August 2013

On-time repayments

14 installments  •  43%

About Me

Am Eunice Akarot, a resident of Akadetarai location, olabai sub location, Teso North District Busia County. Am married and blessed with five children. I started my business to provide for my family and to supplement what my husband pays as school fees. I was motivated to start this kind of business after the job my husband was doing came to end after the intended period. Having the basic skills of a secondary education and having further trained in dressmaking and fashion design, I started my business. With the little resources I managed to expand my business and at the moment I am proud of what I did because all my children are in school and we are leaving happily with my husband as a family

My Business

I run a business by the name Family garments. I started the business with only one sewing machine and twenty meters of materials. At first the business didn’t peak as I expected but with time the business started doing well, my business location gives an added advantage against my competitors; the location is strategic because it is located near two primary schools and a youth polytechnic of which they are primary customers. When I started this business I mainly dealt with individual customers but after I gained valuable experience I was approached by one school of which I did extremely wonderful job, they were very happy of what am doing, and because of the quality of products I produce, another school approached me two weeks ago and as we are speaking the demand for my products has really gone up and currently my greatest challenge is to meet the demand, so far I have managed to get some few shillings but it is not enough to buy another sewing machine, so I really need this money to buy another machine so that I can meet the demand. Currently the total cost of running my business is Ksh 30,000 per month and my total revenue is Ksh 70,000 per month, my average net profit is Ksh 35,000. I will really be happy if get this money to expand my business. Thank you.

Loan Proposal

The will be used to add stock and boost the business.I will buy some clothing materials to meet the demands of school children who have ordered for uniforms during the August holidays.I like making uniform for school children so that they look smart at school.I will also buy some second hand cloths which are normally used by low class people who can not afford to buy new cloths.During this period the weather in my region is cold and i intend to buy warn weather second hand cloths mainly for children.After adding stock from my loan,i will be able to increase my sales and profit and will enable me improve in my business.This will also enable me maintain my customers and put me in the world of providing quality service to my customers.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$59.00

Date disbursed

Aug 18, 2013

Repayment status

On Time

Projected term

3 months

Other loans

Lenders

J

jjonas

berlin, Germany

MillerClark

London, United Kingdom

K

Krtek

Freiburg, Germany

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

Loading...

Loading...

Loading...