Additional stock of shoes

Jesee

Kisauni, Kenya

7% repaid

Follow Jesee

How it Works

Entrepreneur

Name

Jesee

Member since

February 2015

On-time repayments

67 installments • 28%

About Me

My name is Jesee Wachira, a shoe vendor based in Mombasa City. I came to Mombasa to look for greener pastures having left home some three years ago after completing my secondary education.

I did a course in clearing and forwarding during my stay in Mombasa and later secured a job as a clerk in a clearing and forwarding company here in Mombasa. I later lost my job through retrenchment when the business went very low at the company. I used my terminal benefits to buy a few pairs of shoes to resell to friends.

I had made a good number of friends while I was employed and they really supported me in this new business. Using the proceeds, I increased my stock and I managed to open a shoe stall mid last year and the business is doing quite well.

My Business

I normally buy shoes from wholesalers in town and then retail them at my shop. I occasionally go to neighboring countries to get shoes which are not available in Kenya. With time, I have managed to get a wide variety of shoes for all ages and sexes. This has attracted a lot of customers to my shop and the future looks bright.

However, I still have some challenges in that I would like to stock many more different types of shoes so as to cover all classes of people. For now, I am mainly targetting the low income shoe wearers since I sell cheap shoes with the most expensive one retailing at $20. With time, I would like to penetrate into the more expensive shoes so as to serve those who are high up in the society. For this to happen soon, I need credit support hence the reason for joining Zidisha.

Loan Proposal

We have now entered the second half of 2015. This is the period characterized by huge sales since many people have some money to spare after paying for their children's fees. For this reason, I want to position myself well so as to cash in on the expected windfall.

I will be able able to buy about 3 dozen pair of shoes which will add to my existing stock and this will definitely increase my sales volumes.