Addtional stock of used shoes

Wilfred

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Wilfred

Member since

February 2017

On-time repayments

77 installments  •  48%

About Me

My name is Wilfred, a businessman and a church minister in Mombasa city. I deal with buying and selling of shoes. I am married with 3 children and my wife is also in business where she sells clothes.

We complement each other and support our young family. My first born is 13 years old and the last born 6 years. They all aspire to do well in school and get professional jobs like doctors and engineers.

I also spend a lot of time in church where I do various duties such as organizing various groups and praying for the faithfuls.

My Business

I buy and sell many different types of shoes. I normally get my stock from wholesalers and then sell at a profit. Occasionally I cross to the neighboring countries where some type of shoes are cheaper.

I make about $200 per month from the sale of shoes. I hope the business will keep growing and transform into a big store in the city center. This way I will be able to make more sales and make more profit that will enable my family to be financially independent.

Loan Proposal

I will use this money to buy a few pairs of used shoes to sell at my outlet. I deal with sale of second hand shoes which are very popular with low income earners. I will be grateful if I get this loan because the more stock I have the more sales I am going to make hence more profit.

I use the income from this business to support my family of five. Thank you for giving me this chance to borrow with zidisha.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$9.00

Date disbursed

Mar 1, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

CN

Craig Newmark

United States

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