Additional stock of shoes

Joseph

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Joseph

Member since

October 2016

On-time repayments

168 installments  •  66%

About Me

My name is Joseph Mugo. I was born in central Kenya where I grew up till adulthood. I went to up to secondary school education. I live in Mombasa city where I relocated after my secondary school education.

I do not have any formal training and I ventured into business immediately after my secondary school education.

I am married with two children.

My Business

My business deals with selling of second hand shoes. I like the business since it is profitable especially during the high season. I buy shoes in boxes and then retail them from my shop which is in Mombasa town.

My weekly profit is about $75 and I use this money to support my family. I am hoping to grow my business and open a big shoe store where I will be able to sell new shoes as well.

Loan Proposal

With this money, I will be able to get more stock of low cost used shoes. I want to add my stock of children's wear which tend to move faster than other types of shoes.

I hope to make quick sales for the same and repay this loan so that I benefit with a much bigger loan which will have a bigger impact on my business.

Thank you Zidisha for allowing me to start this journey with you which promises good tidings.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$22.00

Date disbursed

Oct 14, 2016

Repayment status

On Time

Projected term

8 weeks

Lenders

Paul Buchheit

Mountain View, United States

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