Additional stock of shoes

Entrepreneur

About Me

I am Farida Hadi but born Veronica Wangari. I was born in a christian family and later married a Muslim man where I converted to Islam. My husband later died and left me behind with four children. Two of these children are now grown ups and two are still in school.

I support my family by running a shoe shop which is just next to my house. I sell new and used shoes to the members of my community. I like my job because it gives me my daily bread and through it, I have been able to educate and feed my children.

My Business

As mentioned above, I sell shoes from my outlet as a retailer. I get my stock from bit stores in town and then retail them at a small profit. In a good day, I can sell ten pairs of shoes where my profit can be as high as USD 20. However, this fluctuates depending on the date and season and it can go as low as USD 2 in a day.

I hope to keep increasing my stock until I transform my shop into a big store where I will be able to serve more people. This is the main reason that I have joined Zidisha.

Loan Proposal

This loan marks my entry into Zidisha micro finance. With this amount, I will be able to buy about 5 pairs of used shoes and sell them at a profit of about 25%. I will use the income to repay the loan and also grow my business.

I am optimistic that I will benefit from more and bigger loans once I clear this one. Thank you very much.

Feedback

Loan Info

Lenders