To buy raw materials

Esther

Nakuru, Kenya

37% repaid

Entrepreneur

Name

Esther

Member since

January 2015

On-time repayments

47 installments  •  32%

About Me

Hello, My name is Esther and I am 26 years old. I was born in Rift valley province in Kenya, Currently Nakuru county on the outskirts of Menengai Crater.
Mine was a rural livelihood until I did my primary exams and moved to Nakuru town to live with my aunt who was an accomplished dressmaker. It was at my aunt's place that i grew an interest in tailoring and dressmaking.
An employee of my aunt encouraged me to train in the course and since my aunt was not for the idea, the employee would give me lessons when aunt was away.
I was able to convince my parents to cater for my training fee and I joined a place where young girls were being taught the skills. My training was on and off since I sometimes had to drop out as my parents raised money and it really took me a long time to master the skills.
A cousin bought a sewing machine for me after i finished training and I started little repair work for my neighbours.
I got married shortly after and again i had to give up my tailoring for a time. Later, my husband encouraged me to restart my business and I have been doing it now for close to two years.
We have two kids and the first born is in school and hopefully the other will join next year.

My Business

My business mainly involves repair work, making new clothes especially for young girls and making school uniforms. My weekly income is about Kshs. 2500 to 3000. School uniforms are especially in high demand since I live in a densely populated area and there are many schools around
My recurring expenses are mostly in buying materials and a bit goes to paying a fee to the local government and the person who stores my equipment for me since I work outdoors.
Although I plough back some of my earnings, the majority goes in assisting in feeding the family.

Loan Proposal

Once I get the loan, I will spend the money in buying new materials for making school uniforms. Right now as we are starting the new year and new term, school uniforms are in high demand and it's becoming hard to meet my customers' demands for lack of inventory.
In future, I hope to buy another sewing machine so that I can employ someone who can help me deal with the increased work load.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Jan 20, 2015

Repayment status

Late

Projected term

11 months

Lenders

JimVandegriff

Trinidad, California, United States

Jon

Sweden

Dayton

Vancouver, Canada

SA

Scott Astrada

United States

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  • Esther    May 2, 2015

    I have been going through some hard times financially. The business has become unpredictable and the number of customers has really come down.
    Am very sorry I was not able to pay my instalment last week and I pray that you bear with me as I will resume payment from Monday. I really wish to finish up paying this loan to the last coin and with your understanding I will.

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  • Esther    Mar 4, 2015

    Although I have not paid the last two installments yet, I believe I will from next week be able to pay more.
    I have been working on a order from a customer who although has delayed, has firmly promised to clear the debt by the end of the week. The payment am expecting will allow me to expand a little and improve my cash flow thus enabling me to pay more.
    If God wills, I will increase my payments even further in a month's time so that I can clear the loan quickly.

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  • Esther    Jan 29, 2015

    First I wish to thank all my lenders who had faith in me. I bought all the materials I needed and i have now embarked on the school uniforms as I continue with my other work. Although most of the orders have been collected, there are still some people who haven't collected their dresses.
    Also, its around this time of the year when I usually pay the government rates for the beginning year so am a bit stretched for money. I promise to get back to a higher rate soon and am sorry for any inconveniences caused to the lenders.

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