Expand my clothing retail business and create employment

John

Thika, Kenya

100% repaid

Entrepreneur

Name

John

Member since

July 2014

On-time repayments

352 installments  •  69%

About Me

I am 31 years old man and i got born again at the age of 28 years while is was in college. I went through primary education and completed in the year 2001 where i got 350/500 marks. I joined form one in the year 2002 in Masinga Boys' High School up to form four in the year 2005 where i got grade C plain. In the year 2006 and 2007 i work with Masind Dam Resort , a five Star Hotel as a Hotel controller. In the year 2008 to 2010 i went to Moi Institute of Tech-knowledge where i did a diploma in Banking and Finance. In the year 2011 i stated a business of selling jeans as i was waiting to get my job. In the year 2012 i started to sing gospel songs and now i am planning to produce my first album which will cost me 2500 US dollar. This is my project of the year 2014 that i am totally dedicated to see it out to the glory of God.
ABOUT MY FAMILY
I was born third in a family of eight, six children and two parents. All was not well due to financial need. My father was hard working in small scale farming and raising school fees was not that easy for six children. Despite of many challenges we are managing in life growing slowly in our businesses and in our academic profession.
As children we are working our best to see the life our parents improve. It have been always my dream for my family to stabilize financially, and this propels me to work an extra mile in business.


HOBBIES
 Singing (Gospel)
 Watching Educative Movies
 Swimming

My Business

I started my business in the year 2012 after completing my course on Banking and Finance. This was my was to avoid me being idle wasting my time and resources as i was waiting to get my job.
The business turned out successfully and even after i got my job i never closed it because it turned out successfully. I employed three staffs who are honest and hard working people. I have a plan to expand it now to be a wholesale Boutique where i will supplying to retailers within the town. I engaged another strategic way of marketing to expand my clientele by going to the offices and market my product. People give me their sizes, with description of color of the cloth that they want and i do deliver to their offices in a good package style. It has turned out gloriously. I will use the loan to invest in the business to increase my production.

After i moved to a new renting house my business has picked so well and now i am making more profit than before. Monthly i do make sales of US Dollars 900 with expense of US Dollars 480.

After opening new detergent shop, the business picked up so well and and now fully persuaded to to make it a wholesale.

Loan Proposal

Since my business has expanded from wholesale to retail , more customer are walking in for shopping in a large volumes. I am planing to add more stock especially in retail shop since it has turned out very well and attracted much more customers. i am intending to use the loan as following; i will use ksh18,000 to buy new stock for both wholesale shop and retail shop, Ksh 1,000 will be used in renovation of the wholesale shop, Ksh 900 will be used in transportation. Ksh 500 will be for labor while 500 will be for miselenious . Thank you Zidisha family for your support in every way possible. You are contributing much success in my business and even community as well. Thank you in advance.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$229.00

Date disbursed

Mar 23, 2015

Repayment status

On Time

Projected term

11 months

Lenders

B

bgalon

London, United Kingdom

R

Raabo

Rungsted, Denmark

P

Philippe

Adliswil, Switzerland

DeanDropshot

Oslo, Norway

Zidisha

Sterling, United States

sebastienrosa

Quebec, Canada

T

ToddK

Indianapolis, IN, USA, United States

A

ashtanga99

Newport, United States

Myrar

Aarau, Switzerland

Matthew

New York, NY, United States

ads68

Melbourne, Australia

P

pellm

Ashland, United States

jhealy87

Silver Spring, United States

Travis

Canada

K

Krish

Dubai, United Arab Emirates

M

Masseman

Paris, France

G

greendave

Manchester, United Kingdom

paulclinton

malaga, Spain

dmirpuri

Bangkok, Thailand

S

sgunnink

Utrecht, Netherlands

Paul Buchheit

Mountain View, United States

mepster

San Francisco, Ca, United States

B

beegkitty

United States

A

adamdreaming

United States

djkmoran

United States

KM

Kirsty M

United Kingdom

Haim Si

Mexico, Mexico

Dave Bogard

New York, United States

CG

Chris Greasley

United Kingdom

MW

Matt Willis

United States

KD

Kent Don

United States

EB

Erica Brescia

United States

Ask John 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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Summary

Amount repaid

$241.24

Amount remaining

$0.00

Date repaid

Sep 14, 2015

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Apr 5, 2015 $10.96 Mar 30, 2015 $10.96
Apr 12, 2015 $10.96 Mar 30, 2015 $10.96
Apr 19, 2015 $0.07 Mar 30, 2015 $0.07
Apr 26, 2015 $0.00
May 3, 2015 $0.00
May 10, 2015 $2.20 May 6, 2015 $2.20
May 17, 2015 $2.20 May 6, 2015 $2.20
May 24, 2015 $2.20 May 6, 2015 $2.20
May 31, 2015 $2.20 May 6, 2015 $2.20
Jun 7, 2015 $2.20 Jun 10, 2015 $2.20
Jun 14, 2015 $2.20 Jun 10, 2015 $2.20
Jun 21, 2015 $2.20 Jun 10, 2015 $2.20
Jun 28, 2015 $2.20 Jun 10, 2015 $0.55
Jul 7, 2015 $1.65
Jul 5, 2015 $2.20 Jul 7, 2015 $2.20
Jul 12, 2015 $2.20 Jul 7, 2015 $2.20
Jul 19, 2015 $2.20 Jul 7, 2015 $2.20
Jul 26, 2015 $2.20 Jul 7, 2015 $2.20
Aug 2, 2015 $2.20 Jul 7, 2015 $0.55
Aug 6, 2015 $1.65
Aug 9, 2015 $2.20 Aug 6, 2015 $2.20
Aug 16, 2015 $2.20 Aug 6, 2015 $2.20
Aug 23, 2015 $2.20 Aug 6, 2015 $2.20
Aug 30, 2015 $2.20 Aug 6, 2015 $2.20
Sep 6, 2015 $2.20 Aug 6, 2015 $2.20
Sep 13, 2015 $2.20 Aug 6, 2015 $2.20
Sep 20, 2015 $2.20 Aug 6, 2015 $2.20
Sep 27, 2015 $2.20 Aug 6, 2015 $2.20
Oct 4, 2015 $2.20 Aug 6, 2015 $2.20
Oct 11, 2015 $2.20 Aug 6, 2015 $2.20
Oct 18, 2015 $2.20 Aug 6, 2015 $2.20
Oct 25, 2015 $2.20 Aug 6, 2015 $2.20
Nov 1, 2015 $2.20 Aug 6, 2015 $2.20
Nov 8, 2015 $2.20 Aug 6, 2015 $2.20
Nov 15, 2015 $2.20 Aug 6, 2015 $2.20
Nov 22, 2015 $2.20 Aug 6, 2015 $2.20
Nov 29, 2015 $2.20 Aug 6, 2015 $2.20
Dec 6, 2015 $2.20 Aug 6, 2015 $2.20
Dec 13, 2015 $2.20 Aug 6, 2015 $2.20
Dec 20, 2015 $2.20 Aug 6, 2015 $2.20
Dec 27, 2015 $2.20 Aug 6, 2015 $2.20
Jan 3, 2016 $2.20 Aug 6, 2015 $2.20
Jan 10, 2016 $2.20 Aug 6, 2015 $2.20
Jan 17, 2016 $2.20 Aug 6, 2015 $2.20
Jan 24, 2016 $0.55 Aug 6, 2015 $0.55
Jan 31, 2016 $27.47 Sep 5, 2015 $27.47
Feb 7, 2016 $27.47 Sep 5, 2015 $27.47
Feb 14, 2016 $27.47 Sep 5, 2015 $5.49
Sep 8, 2015 $21.98
Feb 21, 2016 $32.97 Sep 8, 2015 $32.97
Feb 28, 2016 $22.01 Sep 14, 2015 $22.01

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