Thread and canvas to make door mats

Entrepreneur

About Me

I am married with one kid who is in baby class. I attended kenyatta university for two years and then differed because of financial constraints. I was taking bachelor of education, arts, which i hope to complete in the future. I am a devout christian, in fact i am a sunday school teacher at my church. I also do charity works especially with childrens home.

My Business

I make hand woven mats using canvas and thick threads. It takes me two days to complete a door mat. The materials of a door mat cost ksh 1500 and i sell it for ksh 2000-3000. I make atleast ksh 500 for every mat i make and it increases with the size. I lack the capital to buy materials for bigger mats. Customers also usually shy away from giving me deposit since i do not have a shop and operate from my house . Most of them also prefer ready made mats rather than waiting. I also hope to own a shop where customers will be able to come and visit.
I also help a friend in her salon and get a daily allowance of ksh 300. If granted the loan i will pay back using my daily allowance savings and the sales i will be making.

Loan Proposal

I thank you zidisha for this platform. I make carpets using thread and canvas. I need a capital to buy materials. Mostly i usually ask myI ti customers for deposit but they usually shy away from that since i lack a shop and operate from my house. The loan of USD50 will enable me buy materials for at atleast three door mats.

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