Additonal shoes stock

Veronica

Mombasa, Kenya

100% repaid

Follow Veronica

How it Works

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

Like previous loans, I will spend this money to buy more shoes so as to keep my shoe shop well stocked. I will buy about a dozen pairs of used shoes ranging from children to adult shoes and of both sexes.

This will be a valuable addition to my existing stock since many clients appreciate having a wide variety to choose from. I hope to increase my sales with this new stock and hence grow my profit.

Thanks.