Adding childrens shoes to my stock
Kennedy
Kenya-re Estate, Kenya
100% repaid
Entrepreneur
Name
Kennedy
Member since
February 2016
On-time repayments
228 installments • 14%
About Me
I am the third born in a family of 4 children,I am 24 years old married with one child.I went to longisa primary school and longisa day school for secondary education. I then joined kenya medical training institute but dropped out when my parents passed on. I took a loan from my uncle that I used to start a second hand cloths but the business did not do well,so I dried my hand on women foot wear,the business picked up well and am now working on the expansion plan.
in our land the staple food is ugali and most people engage in small scale farming. different communities have cultures to which they stick on.
my child is still young , but he is sharp and loves people,iam working hard to give her better life.
during my free time,I socialize with friends,watch football and sing for our church. I am also youth leader and therefore I engage my group on social services such as cleaning,planting trees and visiting the sick and orphans.
My Business
I provide foot wear for women both open shoes,closed shoes and hand bags. The demand for the goods is high as the place is densely populated and the my prices are very fair and affordable.
I choose these business because it is very profitable and easy to manage,the demand for the goods is also good.
My montly typical costs are $400 and my monthy income are $600. I spend the proceeds from the business on buying basics for my family and paying my fees,i save the rest for reinvestment.
Loan Proposal
Hello lenders,I hope you are well ,me and my family are well here.I am requesting for a loan to boost my business through adding children's, I have with time learnt that when ladies buy some shoes for themselves the ask for their kids too. I have been loosing revenues due to lack of these shoes and I believe adding them into my stock will be a big step towards improving my business and income. Thank you in advance.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Feb 11, 2016
Repayment status
On Time
Projected term
22 months
Other loans
Ask Kennedy a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.