Sewing machine motor for clothing business
Japheth
Eldoret, Kenya
100% repaid
Entrepreneur
Name
Japheth
Member since
June 2015
On-time repayments
72 installments • 13%
About Me
MY PROFILE
I am Japheth Luchisoi34 years of age and single. I love the Lord as my personal savio , a Kenyan living in Eldoret and a member of Christ is the Answer Kenya Eldoret assembly.
I am the fourth born in a family of five, three boys and two girls. I was born in Matunda Centre, raised in Seregeya sub location of Soy Location, Likuyani Division, Kongoni District, Kakamega County, Western Kenya. I have three dependants, my mother a widow following the demise of my father and two nephews aged thirteen and eight years respectively both who are in Primary School.
I am a resident of Eldoret town upper Tairi Mbili to be precise. I am a tailor by profession majoring in School uniforms. I operate my business in the house and take the products to the open air markets for sale.
My Business
BUSINESS PROPOSAL
At the moment, my profit per week is about US$30.I use 15% to pay tithes and offerings in Church, 20% on savings, 25% on my expenses, 30% on my dependants and then the last 10% on emergencies. If funded by Zidisha, I will use the money to buy stock and a motor.
The motor will enable me to use power to run my sewing machine, This will increase production unlike the manual method which I am currently using. This limits my production due to fatigue caused by the many rotations I make to get the wheel run. A motor costs US$66 and the rest US$34 will use to buy clothing materials.
I will appreciate your support for this will help me grow my business to the extent of being able to support my dependants, myself and the needy in the society.
The Lord richly bless you.
Loan Proposal
If I am funded I will use the money to buy a motor that will help me in running the sewing machine thus increasing my production.
I will also buy more materials to help sew many types of uniforms which is what I specialize in. I will use US$66 to buy the motor while US$34 I will use to buy clothing materials.
This will give my customers the opportunity to get all the uniforms in one place.
I expect my profit to increase by US$30.
May the Lord richly bless you as you assist the money that are struggling with their businesses.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Jul 2, 2015
Repayment status
On Time
Projected term
12 months
Other loans
Lenders
United States
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