Purchase leather materials for my handmade bags

Eunicah

Tigoni, Limuru, Kenya

2% repaid

Entrepreneur

Name

Eunicah

Member since

September 2015

On-time repayments

156 installments  •  1%

About Me

I grew up in Tigoni, on a flower farm. From a very young age, I was surrounded with lots of colour, and handwork. After school, I rushed my homework to be able to get a chance to grade the flowers, and prepare them for packing ready for export. I still remember the way we would neatly pack them in their boxes, an array of colours that were so rich, not to mention the scents. I live in Loresho. Its almost similar to Tigoni, because its located in a valley, so the weather in the evening and early morning, is cold and the crispy fresh air in the morning reminds me of home. I can't wait for the day that my business becomes a household name, that will be closely linked to the preservation of our culture. I want my business to be a top reference base when it comes to utilizing old traditions in modern design.

My Business

My business is of design handmade accessories, i.e. Necklaces, bracelets,Leather handbags and earrings. I like working with my hands for one, and most importantly I enjoy the continuous opportunity of delving into various cultures when designing a collection and knowing that people are buying more than just a piece of jewelry. My biggest challenge right now is a consistent source of good quality supplies though I have also been able to project better and boosted my profits to between 5000 Kes to 10,000 Kes in a good month. I can do something, every penny counts and it can assist in paying for a sample or very specific raw materials that will take me one step closer to the final product that I need done. I use the profits to feed my family and expand the business more.

Loan Proposal

Given the loan,I am going to purchase some leather material to finish a line of bags. The leather costs 100-200 KES per square foot, and the loan amount can afford me approximately 30-40 sqft. I will purchase this leather directly from the factory and not the re-sellers since they hike up their prices by more than 50%.
The impact of this loan will be important and a huge milestone, since my leather goods are known of by an intimate circle but I will be able to now show people my skills and generate more income.

Feedback

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Sep 20, 2015

Repayment status

Late

Projected term

36 months

Lenders

H

hilde

seattle, United States

Lou Kaucic

Sanbornton, NH, United States

V

Vivek

Arlington, VA, United States

GT

Geoff Tucker

United States

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  • Antony    Oct 27, 2015

    Morning eunicah.
    Its my hope the funding was of great usefulness to your project. Kindly check your repayments schedule and do your best to remain current with your payments.
    Remember, in time payment helps one to raise ones creadit score. You may contact me if you have any problem.
    I wish you all the best.

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  • Eunicah    Sep 29, 2015

    Hi Zidisha i would like to adjust my instalment to Ksh. 100 so as to be able to pay conveniently business still picking up. Thanks for your support

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  • Antony    Sep 28, 2015

    Hello once again kandie.
    Kindly remember to communicate with lenders as this will help you create a good relationship with them.
    I wish you success.

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  • Antony    Sep 20, 2015

    hello kandie.
    i wish to welcome to zidisha community. kindly use you comment section to communicate with lenders regulary .
    all the best in your project.

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