Two more sewing machines for my shop

Moureen

Bondeni, Kenya

4% repaid

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How it Works

Entrepreneur

Name

Moureen

Member since

February 2016

On-time repayments

31 installments • 68%

About Me

I am the second born in a family of 3 children, two boys and one girl.my father passed away while I was still in primary school in my 6th year. After the death of my father life become very hard as my mother could not afford our basic needs,luckly my aunt offered to educate me, I schooled up to secondary school,but did not have fees for college.
I joined my aunt in her workshop who trained me in dress making and design. After knowing the job I had to work for her for 6 months as I raised capital to start my own business, I family managed to raise $200 and added a loan of $200 from my youth group and started off my business.
My hobbies,include,dancing,singing,meeting new people and nature walk.

My Business

I am a tailor and dress design . I provide dress making services . My services are on high demand due to my on time delivery, quality and and good prices ,I offer to my customers.
I choose these business because it is profitable and it was easy to learn and manage.
my typical costs per month are $120 and my monthly revenues are $300 per month.
I spend my profits on reinvesting in the business, taking care of my bills and paying school fees for my sibling.

Loan Proposal

Dear lenders
Due to increase number of clients,I am kindly asking for a $290 loan to help me purchase two more sewing ,machines .I will employ two people to help me the work hence creating employment as well as enhance timely delivery . The two machines will cost $400 and I would top up with my savings.thank you