To purchase hungers for my boutique

Celestine

Bungoma, Kenya

100% repaid

Entrepreneur

Name

Celestine

Member since

June 2017

On-time repayments

45 installments  •  67%

About Me

Was born in Western Province of Kenya in Bungoma County in December 12, 1989.
at the age of five years, I went to Sinoko Primary School (within Bungoma County) and did my Kenya Certificate of Primary Education (KCPE) in 2005
later i joined Moi Girls High School (within Bungoma County) in 2006 and sat for my Kenya Certificate of Secondary Education in 2009 where I attained a mean grade of B- (minus)
I was able to join Masinde Muliro University in 2011 as a self sponsored student to pursue a bachelor's degree in education. I have not yet completed my university studies due to insufficient funds. This forced me to look for a job in 2014 so that I can raise the school fees.
I was lucky to get a Job in a local micro finance institution called Arise & Shine Sacco where I'm working as a Teller. I have worked now for two years.
The challenge I have is that I cant continue with my university education because the working conditions demand that I work full time. Because of this I started thinking on how I can earn money while studying. This can only be possible if I own my own business.
That is why I joined Zidisha to start investing in Boutique Business.

My Business

Currently, I don't have any business yet but I am about to establish a Boutique. I started thinking on how to establish my own business in 2016. This thoughts came up as a result of the tight working conditions that am subjected to in my current job, which do not allow me to continue with my studies. I am required to work full time (6 days in a week) from 8 am to 6 pm and am also expected to attend lectures. This is difficult. Yes I need the job to raise money for my school fees as well as to study as a part-time student but I don't have freedom to attend lectures. That is why I need to establish my own business which will guarantee for my school fees and personal upkeep as well as give me time to attend lectures. This is why I want to establish a Boutique.
For this to be achieved, I require a Minimum of KES 1,000,000 ($10,000). This amount will enable me purchase the necessary stock and equip my Boutique to the brim.
The purchases include Men's Clothes & Shoes, Ladies' clothes & Shoes, Children clothes & Shoes.
Equipments include branding the shop, partioning, shelving and advertisements.
If all goes well am planning to start the business in December 2017.
I believe with Zidisha I will make it.

Loan Proposal

I will use the money to purchase more hungers for my boutique. A dozen of hunger costs KES 200 ($2) and my Budget for hungers was estimated at KES 10,000 ($100) for a minimum of 50 dozens of hungers (12*50=600 hungers).
Currently I have only acquired 8 dozens of hungers so I still need 42 more dozens of hungers to enable me start a boutique.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

Sep 23, 2017

Repayment status

On Time

Projected term

6 months

Lenders

M

Marcus86257

United States

PG

Paul Graham

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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