Loan for new shoes for men

Lewis

Thika Majengo Estate, Kenya

100% repaid

Entrepreneur

Name

Lewis

Member since

August 2013

On-time repayments

98 installments  •  77%

About Me

I am a twenty six year old male Kenyan Citizen. I am the first born in a family of two. I have a sister in high school, form three this year. Her name is Susan Njeri. I live in Thika, Majengo Estate opposite Thika Primary School House Number 8, Plot Number 23. I deal with ladies shoes. I normally sell in the evening from 5pm just outside Family Bank in Thika, a very busy street. If am not there, I am outside Macvast Restaurant opposite Thika arcade. I am a part time student pursuing Certificate in Public Accounting. Currently from 8 am to 4:30 pm I am under internship prior going to my business at 5 pm. I am doing an internship at Thika Chemist. I started my business in 2011. This was after my parents got into financial problems and I had to make ends meet and educate myself. The business has enabled me pay my course and also assist my parents in ensuring that my sister is not sent home for school fees. I purchase shoes from Eastleigh in Nairobi in Garissa Mall.

My Business

My business is in selling women's shoes. I target women in particular because I sell during rush hour, along a busy street in Eastleigh, where they have a tendency to walk past whilst window shopping. Consequently, I stock a wide variety in order to suit every woman's needs. Using knowledge from my accounting and customer service background, I have the ability to lure my customers into coming to my shop and buying my shoes. I ensure the customer gets a bargain, whilst making a profit, as just one single pair can make me Ksh. 400 profit at minimum. Unfortunately, because I showcase all my shoes on the floor, when it rains they get spoilt, and thus my business cannot function. However, because I deliver on my word, my customers are very loyal and make personal orders, and even before payment, I give them what they want.

Loan Proposal

Thanks zidisha and lenders for the role you have given me to serve as volunteer mentor. this is my third loan to post on zidisha with always 100% good track of repayment on time. i am now intending to increase my stock by investing in men shoes. i had always dealt with ladies shoes and childrens shoes. this time i want to diversify and include men shoes at my businessi will use most of my loan 60% to purchase men shoes which i believe are normally expensive but with your loan i believe i will manage. 30% i will use it to increase the stock of ladies and childrens shoes . the rest of the money i will cater for expenses such transport and pay for license permit as its normally renewed at the month of april. with your support i believe i will achieve my dreams. i promise to keep my word as usual , I WILL NEVER FALL IN DEBT!!! Thanks in advance as you fund my project..

Show original English  

About Me

I am a twenty six year old male Kenyan Citizen. I am the first born in a family of two. I have a sister in high school, form three this year. Her name is Susan Njeri. I live in Thika, Majengo Estate opposite Thika Primary School House Number 8, Plot Number 23. I deal with ladies shoes. I normally sell in the evening from 5pm just outside Family Bank in Thika, a very busy street. If am not there, I am outside Macvast Restaurant opposite Thika arcade. I am a part time student pursuing Certificate in Public Accounting. Currently from 8 am to 4:30 pm I am under internship prior going to my business at 5 pm. I am under internship at Thika Chemist. I started my business in 2011. This was after my parents got into a financial problem and I had to make ends meet and educate myself. The business has enabled me pay my course and also assist my parents in ensuring that my sister is not sent home for school fees. I purchase shoes from Eaastleigh in Nairobi in Garissa Mall. In Eastleigh is where you will fi

My Business

I deal in selling ladies shoes. I get them at a very cheap price in Eastleigh, Nairobi. At the time I start selling them, its when people are from their places of work. Rush hour. As people drive or walk home, especially ladies have a tendency to walk while window shopping and consequently buy what pleases them. Knowing this, I decided to target them. I stock a wide variety of shoes to suit every woman's needs. With my accounting and customer service background, I am able lure my customers to buying and coming along with friends. Apart from that, I ensure that a customer gets a commodity worth his money or bargain. The business is indeed profitable as just a pair minimum can fetch Ksh. 400 in profit on the lower side. The risks involved in the business is in-case it rains, before one could collect all the shoes on the floor, they could get rained on and spoil. My customers are loyal to me because I get to deliver on my word. They make personal orders and even before payment, I get to bring what

Loan Proposal

Thanks zidisha and lenders for the role you have given me to serve as volunteer mentor. this is my third loan to post on zidisha with always 100% good track of repayment on time. i am now intending to increase my stock by investing in men shoes. i had always dealt with ladies shoes and childrens shoes. this time i want to diversify and include men shoes at my businessi will use most of my loan 60% to purchase men shoes which i believe are normally expensive but with your loan i believe i will manage. 30% i will use it to increase the stock of ladies and childrens shoes . the rest of the money i will cater for expenses such transport and pay for license permit as its normally renewed at the month of april. with your support i believe i will achieve my dreams. i promise to keep my word as usual , I WILL NEVER FALL IN DEBT!!! Thanks in advance as you fund my project..

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Loan Info

Project Type

Classic Loan

Disbursed amount

$848.00

Date disbursed

Apr 8, 2014

Repayment status

On Time

Projected term

5 months

Lenders

S

Snick

Halle, Germany

EricDWalters

Rochester, Mn, Usa, United States

P

Philippe

Adliswil, Switzerland

DLarson

Morris, United States

Bobrm2k3

Charleston, United States

Thilo

Germany

Sarasota

Sarasota, Fl, United States

C

CZC

Lake Zurich, United States

L

lenders

United States

F

FloridaCandle

United States

A

ATMiller

United States

M

Myrte13

Netherlands

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