Entrepreneur
Name
Veronica
Member since
August 2016
On-time repayments
135 installments • 79%
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
My business is doing well and I expecting to make more sales in the coming months. I need to prepare myself by increasing my stock of shoes so as to serve my customers adequately.
With this money, I will buy half a dozen pairs of assorted shoes which I will later sell at a profit. I hope to keep progressing this way until I turn my small outfit into a big business in the near future.
Thank you.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$30.00
Date disbursed
Oct 19, 2016
Repayment status
On Time
Projected term
3 months
Other loans
Lenders
United States
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