THIS LOAN WILL FACILITATE EXPANSION OF MY HAND-BAGS BUSINESS

I am Esther Kanini, 30 years old,mother to two lovely boys and a committed business lady .Since my childhood days and at the age of 10 years , i portrayed an entrepreneur's mind, i would harvest some 'kales' from the 'shamba' with my elder sister and display them at the local market center for sale. All along, i have had a passion for establishing my own business which will see me as an employer in the near future.

Our local area in the countryside is endowed with sceneries that include a hill named "Karue", a forest named "Kirimiri" and a water fall named "Mbui Njeru". We frequented these sites during our childhood days especially during the Christmas period and i could wonder why no investor had made use of those sceneries to invest in an hotel and site-seeing for tourism purposes.We have since moved from the countryside to the city. I would recommend these sceneries to any adventurous individual , they are unique,unexploited and little known of.

Currently , i am in the business of purchase of handbags at whole sale prices for resale, I developed interest in this business way back in 2013 and vowed to establish it after the birth of my second born child , my aim was to start small and rise and my biggest challenge has been capital to expand the business.I look forward to expanding this business and venture fully into importation of handbags and other ladies accessories in the near future.

I am into the handbags sale business, my business has so far picked up well with the positive contribution from Zidisha. So far , Zidisha has enabled me to raise capital on three occasions the last being a loan of $158 which went a long way in assisting me in purchase of more stock for the business. I have been ploughing back the proceeds into the business with an aim of expanding the business and partly using them for repayment of my loan.Due to the relatively large capital requirements am looking forward to more funding from the great Zidisha Team to progressively expand my capital base and move into importation of the handbags and resale to retailers at wholesale prices.I believe that the loan i receive from Zidisha, which highly favors small time entrepreneurs will assist me grow my business to a level that will see me create employment for the youth in our country.I look forward to a positive consideration.

If awarded the loan, i will purchase more handbags for my business.I will partly utilize the proceeds from the sales to settle my loan installments while the rest will be ploughed back into my business with a sole aim of progressively expanding the business.

I will utilize the entire amount of $301 to purchase the handbags , each piece goes for between $16 and $27 depending on the make and the quality. Those are approximately 11 pieces on the higher side. The retail price from my end is approximately 22$ to 33$ depending on the purchase price. I look forward to increasing the sales volume in order to get more profit and at the same time to acquire the bags cheaply since volume of purchase highly determines the wholesale price.

I look forward to as positive consideration from the lenders.