Entrepreneur
Name
Esther
Member since
November 2015
On-time repayments
125 installments • 78%
About Me
I was born in 1980 in Kayole in a family of 5 children. I joined Kayole Primary for my primary level and joined Kayole Secondary for KCSE level. The environment was not conducive [to success], considering I was raised a girl child from a humble background. I was passionate about business when I joined my mother in her local hotel [restaurant] during my holidays after school. Although my mum's hotel was simple, it managed to feed and school all of us.
When I cleared high school, I couldn't join college immediately since I had no funds. I joined my mum at the hotel full time and, within 2 years, I had raised my fee to join Muranga Teachers College. After graduating, I worked at Calvary Academy and later Primrose School at Thika. I managed to be blessed with a beautiful girl, and that's when I decided to start a business in Thika.
I started my business in Thika. This was inspired by the market available in Thika, catalysed by upcoming colleges and universities. The business has continuously grown and diversified with fashion and demand growth. The business has supported me and my daughter and she wants to become a designer when she grows up. My goal is to ensure I facilitate her with all that she needs to attain in life through the profit of my business.
My Business
The business came up as a result of demand for clothes and shoes in Thika. The town is highly populated by young people: therefore, there is demand for fairly-priced clothes and shoes. I started the business with my savings from teaching after realising that employment was not challenging enough and not creating wealth for my family. I spent $150 to buy 50 pairs of shoes, rented a house for $50, and spent $80 for shelves and internal design.
It was challenging at first, but 3 months down the line it had started [picking up]. My selling price per shoe is $5 each, which gives me a profit of $100 in two weeks. One year later, I introduced ladies' clothes, since some customers were requesting them. My major costs are stock purchases, transport, and currently the wage of one employee.
The demand has driven my desire to open up a branch next to Mount Kenya University. This will deliver goods next to the consumer, which will drive marketing for the goods.
I spend my profit to take my daughter to school, meet family needs and expand my business. The demand of these items (especially secondhand clothes and shoes) is rising every day. This will open up a way for me to have a new branch and also create a job for someone.
The targeted space costs $50, so I am targeting to start up with 50 pairs of shoes. This also requires a business permit and, since the room is spacious, I can also introduce a photocopy machine that will enable me spread fixed costs. This will also enable me venture into a different industry and therefore spread my portfolio in various investments. Introduction of cheap items shoes and clothes in the area will serve justice to students and average citizens of the town, since they will get value for their goods. My plan is to work with a solid and friendly partner like Zidisha to expand and grow my business with their help.
Loan Proposal
Thanks once again for the support and willingness you have shown in partnering in my business with your support my life and business has really improved.With the next facility i plan to spend $300 to purchase 5 bails of young kids2nd hand clothes.This targets a market within district hospital which is currently demands this type of clothes dew to the free maternal health care being offfered in the country.With this i plan this sell the bales at $90 each to the local retails making an avarage profit of $30 per bail.In two weeks i will make $150 which i will comfortably repay my installments and improve business.This will improve the state of my business and give a chance for my daughter to be equipped with quality education.I thank you zidisha and the lenders for continuously supporting my business and my well being.
About Me
I was born in 1980 in Kayole in a family of 5 children.I joined Kayole primary for my primary level and joined Kayole secondary for Kcse level.The environment was not conducive considering I was raised a girl child from a humble background. I was passionate with business when I joined my mother in her local hotel in my holidays after school.Although my mums hotel was simple it managed to feed and school all of us.When I cleared high school I couldn't join college immediately since I had no funds.I joined my mum at the hotel on full time and within 2years I had raised my fee to join Muranga teachers college. After graduating I worked at Calvary Academy and later Primrose school at Thika.I managed to be blessed with a beautiful girl ,that's when I decided to start a business in Thika.I started my business in Thika,This was inspired by the market available in Thika catalysed by colleges and universities upcoming.The business has continuously grown and diversified with fashion and demand growth. The business has supported me and my daughter and she wants to become a designer when she grows up.My goal is to ensure I facilitate her with all that she needs to attain in life through the profit of my business.
My Business
The business came up as a result demand in clothes and shoes in Thika.The town is highly populated by young people therefore demand for fairly priced clothes and shoes.I started the business with my savings from teaching after realising that employment was not challenging enough and creating wealth for my family. I spent $150 to buy 50pairs of shoes rented a house for $50 and spent $80 for shelves and internal design.It was challenging at 1st but 3months down the line it had started pickpickingMy selling price per shoe is $5 each which gives me a profit of $100 two weeks.One year later I introduced ladies clothes since some customers were requesting for them.My major cost are stock purchase,transport and currently wage of one employee.The demand has driven my desire to open up a branch next to mount Kenya university. This will deliver goods next to the consumer which will drive marketing for the goods.I spend my profit to take my daughter to school,meet family needs and expand my business.The demand of this items especially second hand clothes and shoes is rising every day This will open up a way for me to have a new branch and also create a job for someone. The targeted space costs $50,I am targeting to start up with 50pairs of shoes.The are also requires a business permit and since the room is spacious I can also introduce a photocopy machine that enable me spread fixed cost.This will also enable me venture into a different industry and therefore spread my portfolio in various investment.Introduction of cheap items shoes and clothes in the area will serve justice to students and average citizen of the town since they will get value for their goods.My plan is walk with a solid and friendly partner like Zidisha to expand and grow my business with their help.
Loan Proposal
Thanks once again for the support and willingness you have shown in partnering in my business with your support my life and business has really improved.With the next facility i plan to spend $300 to purchase 5 bails of young kids2nd hand clothes.This targets a market within district hospital which is currently demands this type of clothes dew to the free maternal health care being offfered in the country.With this i plan this sell the bales at $90 each to the local retails making an avarage profit of $30 per bail.In two weeks i will make $150 which i will comfortably repay my installments and improve business.This will improve the state of my business and give a chance for my daughter to be equipped with quality education.I thank you zidisha and the lenders for continuously supporting my business and my well being.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$296.00
Date disbursed
Mar 9, 2017
Repayment status
On Time
Projected term
12 months
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Summary
Amount repaid
$299.32
Amount remaining
$0.00
Date repaid
Nov 18, 2018
Status
Fully repaid
Repayment History
| Expected Payments | Actual Payments | ||
|---|---|---|---|
| Mar 20, 2017 | $22.89 | Mar 16, 2017 | $22.89 |
| Mar 27, 2017 | $9.95 | Mar 28, 2017 | $9.95 |
| Apr 3, 2017 | $4.98 | Apr 3, 2017 | $4.98 |
| Apr 10, 2017 | $4.98 | Apr 11, 2017 | $4.98 |
| Apr 17, 2017 | $4.98 | Apr 18, 2017 | $4.98 |
| Apr 24, 2017 | $4.98 | Apr 24, 2017 | $4.98 |
| May 1, 2017 | $4.98 | Apr 24, 2017 | $2.99 |
| May 1, 2017 | $1.99 | ||
| May 8, 2017 | $4.98 | May 1, 2017 | $4.98 |
| May 15, 2017 | $4.98 | May 9, 2017 | $4.98 |
| May 22, 2017 | $4.98 | May 9, 2017 | $2.99 |
| May 15, 2017 | $1.99 | ||
| May 29, 2017 | $4.98 | May 15, 2017 | $4.98 |
| Jun 5, 2017 | $4.98 | May 15, 2017 | $1.99 |
| May 22, 2017 | $2.99 | ||
| Jun 12, 2017 | $4.98 | May 22, 2017 | $4.98 |
| Jun 19, 2017 | $4.98 | May 22, 2017 | $1.00 |
| May 29, 2017 | $3.98 | ||
| Jun 26, 2017 | $4.98 | May 29, 2017 | $3.98 |
| Jun 6, 2017 | $1.00 | ||
| Jul 3, 2017 | $4.98 | Jun 6, 2017 | $4.98 |
| Jul 10, 2017 | $4.98 | Jun 6, 2017 | $1.99 |
| Jun 19, 2017 | $2.99 | ||
| Jul 17, 2017 | $4.98 | Jun 19, 2017 | $4.98 |
| Jul 24, 2017 | $4.98 | Jun 19, 2017 | $1.99 |
| Jun 26, 2017 | $2.99 | ||
| Jul 31, 2017 | $4.98 | Jun 26, 2017 | $4.98 |
| Aug 7, 2017 | $4.98 | Jun 26, 2017 | $1.99 |
| Jul 3, 2017 | $2.99 | ||
| Aug 14, 2017 | $4.98 | Jul 3, 2017 | $4.98 |
| Aug 21, 2017 | $4.98 | Jul 3, 2017 | $1.00 |
| Jul 11, 2017 | $3.98 | ||
| Aug 28, 2017 | $4.98 | Jul 11, 2017 | $3.98 |
| Jul 17, 2017 | $1.00 | ||
| Sep 4, 2017 | $4.98 | Jul 17, 2017 | $4.98 |
| Sep 11, 2017 | $4.98 | Jul 17, 2017 | $3.98 |
| Jul 24, 2017 | $1.00 | ||
| Sep 18, 2017 | $4.98 | Jul 24, 2017 | $4.98 |
| Sep 25, 2017 | $4.98 | Jul 24, 2017 | $3.98 |
| Jul 31, 2017 | $1.00 | ||
| Oct 2, 2017 | $4.98 | Jul 31, 2017 | $4.98 |
| Oct 9, 2017 | $4.98 | Jul 31, 2017 | $3.98 |
| Aug 7, 2017 | $1.00 | ||
| Oct 16, 2017 | $4.98 | Aug 7, 2017 | $4.98 |
| Oct 23, 2017 | $4.98 | Aug 7, 2017 | $0.70 |
| Aug 14, 2017 | $4.28 | ||
| Oct 30, 2017 | $4.98 | Aug 14, 2017 | $4.98 |
| Nov 6, 2017 | $4.98 | Aug 14, 2017 | $0.70 |
| Sep 18, 2017 | $4.28 | ||
| Nov 13, 2017 | $4.98 | Sep 18, 2017 | $4.98 |
| Nov 20, 2017 | $4.98 | Sep 18, 2017 | $0.70 |
| Oct 2, 2017 | $4.28 | ||
| Nov 27, 2017 | $4.98 | Oct 2, 2017 | $4.98 |
| Dec 4, 2017 | $4.98 | Oct 2, 2017 | $0.70 |
| Oct 9, 2017 | $4.28 | ||
| Dec 11, 2017 | $4.98 | Oct 9, 2017 | $4.98 |
| Dec 18, 2017 | $4.98 | Oct 9, 2017 | $4.98 |
| Dec 25, 2017 | $4.98 | Oct 9, 2017 | $2.69 |
| Oct 16, 2017 | $2.29 | ||
| Jan 1, 2018 | $4.98 | Oct 16, 2017 | $4.98 |
| Jan 8, 2018 | $4.98 | Oct 16, 2017 | $4.98 |
| Jan 15, 2018 | $4.98 | Oct 16, 2017 | $4.98 |
| Jan 22, 2018 | $4.98 | Oct 16, 2017 | $2.69 |
| Oct 23, 2017 | $2.29 | ||
| Jan 29, 2018 | $4.98 | Oct 23, 2017 | $4.98 |
| Feb 5, 2018 | $4.98 | Oct 23, 2017 | $4.98 |
| Feb 12, 2018 | $4.98 | Oct 23, 2017 | $4.98 |
| Feb 19, 2018 | $4.98 | Oct 23, 2017 | $4.98 |
| Feb 26, 2018 | $4.98 | Oct 23, 2017 | $2.69 |
| Oct 27, 2017 | $2.29 | ||
| Mar 5, 2018 | $4.98 | Oct 27, 2017 | $4.98 |
| Mar 12, 2018 | $4.98 | Oct 27, 2017 | $4.98 |
| Mar 19, 2018 | $4.98 | Oct 27, 2017 | $4.98 |
| Mar 26, 2018 | $4.98 | Oct 27, 2017 | $4.98 |
| Apr 2, 2018 | $7.77 | Oct 27, 2017 | $6.78 |
| Nov 18, 2018 | $1.00 | ||
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