Second hand clothes, bed sheets, kid dresses & boys trousers
Veronicah
Nairobi, Kenya
100% repaid
Entrepreneur
Name
Veronicah
Member since
April 2015
On-time repayments
250 installments • 53%
About Me
Am Veronicah Mumbua Kyalo and aged 50 years. My parent is John Muinde Musau. My mother Mrs. Philomena Mbithe Muinde died in the year 2008. We are a family of 9. I am the first born in the family and I take care of my father and our young 8 siblings. I come from Machakos county. I am married and blessed with two Children. Our life is very challenging because of the support to be given to our nuclear family and the extended families. I work in an office as a clerk. I came to think about business because the salary is not enough with the many problems of school fees etc. I started with Poultry farming & Pig farming which never succeeded. Last month I started selling second hand clothes. The profit I get I use part of it for our needs and the rest goes back to the business. This has kept us going up to now.
The unique thing about land in Machakos is very fertile but no rains. With time when I get money I wish to have a borehole and do irrigation. My children want to do farming when they grow up.
I am a Christian and during free time I like singing and reading the bible.
My Business
I sell second hand clothes because new clothes are very expensive to afford. This is because they are in high demand. A bale of second hand clothes cost about Kshs. 20,000.00 ($215) – 25,000.00 ($263) depending with the feminine and you can get about 160 skirts or 160 Jean Trousers. Last week I started selling inner wares and shoes.
I get profit of about 50% which helps us in our daily expenses and also reinvest in the business. After selling the first bale I managed to construct a small kiosk outside a house as I can’t afford to pay rent for a shop.
Loan Proposal
Once I get the loan I intent to use and bring in more clothes of existing stock and also start selling beauty products. This is because my business has not yet been able to supply all the varieties of second hand clothes and thus not yet met the high demand.. The place has many residential houses so the market for clothes is already there. I plan to rent a shop and employ an attendant to assist in sales. When I buy variety of clothes and beauty products I will manage to save from the profit. As there are so many poor people in our country I will introduce them to Zidisha so that they also get loans and create employment.
Loan Proposal
For my 3rd loan I wish to buy a Bale of Bed Sheets, Kids Dresses, Mens Jackets and Boys Trousers. They will cost me US$612.00. I expect my business to increase by 70%.
I will continue inviting new member to join Zidisha for a business loan. Thanks to
the Zidisha Team for their assistance.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$332.00
Date disbursed
Aug 7, 2015
Repayment status
On Time
Projected term
9 months
Other loans
Lenders
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Summary
Amount repaid
$346.93
Amount remaining
$0.00
Date repaid
Dec 28, 2015
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Aug 16, 2015 | $15.00 | Aug 15, 2015 | $15.00 |
| Aug 23, 2015 | $15.00 | Aug 15, 2015 | $15.00 |
| Aug 30, 2015 | $5.00 | Aug 29, 2015 | $5.00 |
| Sep 6, 2015 | $5.00 | Aug 29, 2015 | $5.00 |
| Sep 13, 2015 | $5.00 | Sep 7, 2015 | $5.00 |
| Sep 20, 2015 | $5.00 | Sep 9, 2015 | $5.00 |
| Sep 27, 2015 | $5.00 | Sep 22, 2015 | $5.00 |
| Oct 4, 2015 | $5.00 | Sep 29, 2015 | $5.00 |
| Oct 11, 2015 | $5.00 | Sep 29, 2015 | $5.00 |
| Oct 18, 2015 | $5.00 | Oct 13, 2015 | $5.00 |
| Oct 25, 2015 | $5.00 | Oct 13, 2015 | $5.00 |
| Nov 1, 2015 | $5.00 | Oct 31, 2015 | $5.00 |
| Nov 8, 2015 | $5.00 | Oct 31, 2015 | $5.00 |
| Nov 15, 2015 | $5.00 | Nov 14, 2015 | $5.00 |
| Nov 22, 2015 | $5.00 | Nov 21, 2015 | $5.00 |
| Nov 29, 2015 | $5.00 | Nov 28, 2015 | $5.00 |
| Dec 6, 2015 | $5.00 | Dec 7, 2015 | $5.00 |
| Dec 13, 2015 | $5.00 | Dec 12, 2015 | $5.00 |
| Dec 20, 2015 | $5.00 | Dec 21, 2015 | $5.00 |
| Dec 27, 2015 | $5.00 | Dec 21, 2015 | $5.00 |
| Jan 3, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Jan 10, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Jan 17, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Jan 24, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Jan 31, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Feb 7, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Feb 14, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Feb 21, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Feb 28, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Mar 6, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Mar 13, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Mar 20, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Mar 27, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Apr 3, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Apr 10, 2016 | $5.00 | Dec 23, 2015 | $5.00 |
| Apr 17, 2016 | $5.00 | Dec 23, 2015 | $1.93 |
| Dec 25, 2015 | $3.07 | ||
| Apr 24, 2016 | $5.00 | Dec 25, 2015 | $5.00 |
| May 1, 2016 | $5.00 | Dec 25, 2015 | $5.00 |
| May 8, 2016 | $1.93 | Dec 25, 2015 | $1.93 |
| May 15, 2016 | $135.00 | Dec 28, 2015 | $135.00 |
| May 22, 2016 | $0.00 | ||
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