Additional stock of shoes

Veronica

Mombasa, Kenya

100% repaid

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.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$30.00

Date disbursed

Oct 19, 2016

Repayment status

On Time

Projected term

3 months

Lenders

PR

Paul Rausch

United States

Melissa K

Portland, Oregon, United States

Ask Veronica a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Summary

Amount repaid

$30.01

Amount remaining

$0.00

Date repaid

Jan 28, 2017

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 26, 2016 $2.02 Oct 27, 2016 $2.02
Nov 2, 2016 $2.02 Nov 1, 2016 $2.02
Nov 9, 2016 $2.02 Nov 9, 2016 $2.02
Nov 16, 2016 $2.02 Nov 16, 2016 $2.02
Nov 23, 2016 $2.02 Nov 23, 2016 $2.02
Nov 30, 2016 $2.02 Nov 30, 2016 $2.02
Dec 7, 2016 $2.02 Dec 9, 2016 $2.02
Dec 14, 2016 $2.02 Dec 14, 2016 $2.02
Dec 21, 2016 $2.02 Dec 22, 2016 $2.02
Dec 28, 2016 $2.02 Dec 29, 2016 $2.02
Jan 4, 2017 $2.02 Jan 6, 2017 $2.02
Jan 11, 2017 $2.02 Jan 12, 2017 $2.02
Jan 18, 2017 $2.02 Jan 20, 2017 $2.02
Jan 25, 2017 $2.02 Jan 28, 2017 $2.02
Feb 1, 2017 $1.77 Jan 28, 2017 $1.77

Loading...