Lulii
Mombasa, Kenya
99% repaid
Name
Lulii
Member since
June 2014
On-time repayments
183 installments • 34%
Hello,
My name is Samson Lulii Mwendwa, 23 years old young man. I believe that I am very hardworking and determined to achieve my many goals that I have set for myself to reach.
I completed my Secondary school back in 2011 and joined one research firm immediately because I could not join university because of some personal problems that "we" had in the family.
We are a family of six, four boys and 2 girls, myself been a third born. My elder brother and sister are both business people and I want to follow their footsteps.
I worked in that firm as a field interviewer for some time then later on I advised to CATI Center (Computer assisted Telephone Interview) for some months. Then later joined data entry department before opening my small shoes shop at a place called Ukunda-Mombasa (where I am currently).
My shoes shop was not doing as good as it should be so I opted to look for a soft loan, thanks to my friend who told me about zidisha.
I have a shoe shop at Ukunda that I am currently running and i want to boost it that's why i chose to borrow from zidisha. The shop is doing pretty well but it can do even better if it was fully and well stocked. I am very hopeful that this loan will boost my shop and with no time, i will be able to repay it and hopefully apply for a bigger one.
I also do online marketing which i enjoy a lot venturing in matrix and other online writing sites and programs.
I am prioritizing on ladies flat open and dolly shoes which are the most wore shoes here in Mombasa due to the hot weather. For every pair that i buy between $3.5-$5, I get not less than $3 profit with some even earning me even more than double of the buying price.
I use 70% profit to reinvest in the shop and the rest to pay my bills and for other personal use.
I hope and pray that Zidisha lasts and I will always do business with you.
I ask for a loan of $150 so that I may add stock of some varieties of shoes that are on high demand, and have a good return, with an estimate profit of $3.5 per pair of shoes. At the moment, I don’t have enough cash to buy a larger stock. I plan to buy around 30 pairs of shoes with this loan; which I can manage to sell in less than a week. I’ll be able to generate enough cash to buy more stock, and make repayment on the loan. I’ll appreciate all your support
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Project Type
Classic Loan
Disbursed amount
$150.00
Date disbursed
Jul 14, 2014
Repayment status
On Time
Projected term
11 months
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