Wrap-cloth and clothing business

Getrude

Chipata, Zambia

8% repaid

Entrepreneur

Name

Getrude

Member since

September 2016

On-time repayments

36 installments  •  8%

About Me

I am a business lady aged 34, single, born in a family of 7, and I have 5 children - 3 boys and 2 girls all aged 21 and bellow. Life has not been easy due to the fact that I failed school and being a single mother, the only second thought that came into my mind for survival was to start business - selling rappers commonly known as chitenge material in Southern/Central Africa. This business has really helped me to sustain my family and send my children to School.

My key strengths include:

My Business

My deep desire has always been to develop my business into a big business, whereby I will be able to sustain my family and meet the needs of the underprivileged in society, but always finding enough capital has been a problem. The little capital that I had acquired has seen my business through upto this time. Though its been difficult to grow due to the limited and insufficient funds, sometimes hand to mouth, we have survived by the grace of God. The rappers on high demand in this part of the nation, but enough capital has been a great and unbearable burden to me. This has crippled my business. And as a result the financial problem (limited capital) prompted me to search for affordable loans, it has not been easy, until finally I was introduced to Zidisha by my friend and good Samaritan. Immediately I foresaw and predicted the relief. And I also vowed that I will carefully and jealously use the loan given to me.

The rappers costs $4.50/rapper order price and we sell at $75/rapper.

The little profit that I make from my business helps me to improve my home, send my children to school and growing my business.

Loan Proposal

If I am funded of which I have hope I be funded, I will use the loan money as follows:

1. Rappers at $100
2. Transport from the capital city at $70

This loan will greatly help boost my business to the next level and help sustain my family and pay school fees for my children. And I expect my profit to increase by 40%.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$184.00

Date disbursed

Sep 24, 2016

Repayment status

Late

Projected term

8 months

Lenders

J

Jessica

Patagonia, Argentina

P

Prysdahl

Marshall, United States

K

KnutG

Bergen, Norway

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Treesforpeople

Oxfordshire, United Kingdom

Zal0m0n

Atlantis!!!! x), Mauritania

P

Pavane

Kungsbacka, Sweden

H

Habroukema

Austin, United States

M

Margi

Littleton, United States

sderickson

Berkeley, CA, United States

Matching Fund

Sterling, United States

C

ColoradoEmac

United States

F

frenchy

United States

S

Sven

Netherlands

Laurie

United States

Dean Cress

United States

PG

Paul Graham

United States

Taylor

Memphis, United States

kt

Brush Prairie, United States

K

Kenny

United States

K

kara

United States

Craig Newmark

United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

JB

James Brooks

United Kingdom

P

Peggy

United States

JA

Joshua Axtell

United States

K

keithlaycock

United Kingdom

NM

Nitya Marepally

San Ramon, CA, United States

A

Ari

United Kingdom

HD

Hardik Desai

United Kingdom

JD

JASON DORSETT

United States

V

VJ

Canberra, Australia

BP

Bill Piper

United States

AL

Ada L

Boston, MA, USA, United States

A

Anonymous

United States

HCPSPIRIT

Helsinki, Finland

A

Anonymous

United States

D

Dave

Dropmore, Manitoba, Canada

D

darienfo

United States

Paul Buchheit

Mountain View, United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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  • Shamasamu    Dec 31, 2016

    Dear Getrude
    Please post an update as we spoke on the phone.


    To Lenders, business has been slow due to the rain season we are having in the Zambia. Getrude promised to log up and post an update
    Regards
    Shamasamu

    Log in to reply • Share
  • Getrude    Sep 22, 2016

    I am humbled, you people you have done a great job indeed. Now that my loan is 100% funded I am more than happy. I will wisely use the money to buy rapers for business. This loan will greatly help me to improve my family life and send my children to school.

    Log in to reply • Share


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