Loan to buy a sewing machine and increase my business

Dominic

Kisii, Kenya

100% repaid

Entrepreneur

Name

Dominic

Member since

June 2014

On-time repayments

283 installments  •  37%

About Me

I am Dominic maikuri 31years old born again christian. I have a form four certificate and a degree certificate in theology. I am a business man dealing in tailoring and dress making. I started my tailoring and dress making business with an initial capital of just $150 i purchase the both male and female materials from second hands clothes from tanzania and busia. i sell them at my stall in menyinkwa. The growth of my business has been slow and would do with some financial boost from zidisha micro lending organisation. thank you lenders in advance

My Business

Mine is a small business premise dealing with tailoring and dress making, at my shop i have a good business i mainly deal with women clothes. this is how i earn

monthly turn over $500 (Kshs 43,000)
Expenses approx.(business) $115 (Kshs 10,000)
Rent and food & other expenses $ 93 (Kshs 8,000)
Miscellaneous $ 60 (Kshs 5,000)

Balance $232 (Khs 20,000)

That is how my business is and the amount of money i make from it. going with these figure i will be able to service my loan without any problems. i don't face lots of problems in my business other than some few competitions but i know all is well in a competitive market.Thank You in advance and may God Bless You

Loan Proposal

i will be glad to receive the loan because it will help me to buy a new sewing machine and some stocks to my shop, with the loan my business will increase and i will be able to pay the ,loan back in time without any arrears so as to enable me to increase another loan limit . It will be of much pleasure to all my lenders for their work as they will help me be funded .Thanks

Show original English  

About Me

I am Dominic maikuri 31years old born again christian. I have a form four certificate and a degree certificate in theology. I am a business man dealing in tailoring and dress making. I started my tailoring and dress making business with an initial capital of just $150 i purchase the both male and female materials from second hands clothes from tanzania and busia. i sell them at my stall in menyinkwa. The growth of my business has been slow and would do with some financial boost from zidisha micro lending organisation. thank you lenders in advance

My Business

Mine is a small business premise dealing with tailoring and dress making, at my shop i have a good business i mainly deal with women clothes. this is how i earn

monthly turn over $1000 (Kshs 100,000)
Expenses approx.(business) $200 (Kshs 50,000)
Rent and food & other expenses $ 100 (Kshs 10,000)
Miscellaneous $ 80 (Kshs 6,000)

Balance $400 (Khs 40,000)

That is how my business is and the amount of money i make from it. going with these figure i will be able to service my loan without any problems. i don't face lots of problems in my business other than some few competitions but i know all is well in a competitive market.Thank You in advance and may God Bless You

Loan Proposal

i will be glad to receive the loan because it will help me to buy a new sewing machine and some stocks to my shop, with the loan my business will increase and i will be able to pay the ,loan back in time without any arrears so as to enable me to increase another loan limit . It will be of much pleasure to all my lenders for their work as they will help me be funded .Thanks

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$145.00

Date disbursed

Jan 2, 2015

Repayment status

On Time

Projected term

7 weeks

Lenders

M

Mårten

Inden, Switzerland

McJulio

New Jersey, United States

K

kosatka

Slovakia

C

cocokathy

Brisbane, Australia

H

howard

Vence, France

P

plhughes

United States

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