Business expansion

Joseph

Free Hold, Kenya

100% repaid

Entrepreneur

Name

Joseph

Member since

May 2014

On-time repayments

42 installments  •  86%

About Me

I Joseph Tunje I am married with three Children who are at school,I reside in above said place a two bedroom house that I pay rent ,water and electricity bill ,My wife keeps Pig that she sells to assist me schooling my children,I started business so as to upkeep my family,The money that I do get I have purchased I land that I have planted maize for commercial and some for my family.When I am free I like reading newspaper,Reading with my family and most weekend after church I took my family to agame park to see wild animals and make fun

My Business

I started my business the year 2009 after I get capital from my mother.I started a small shoe repair and accessories shop that has grown slow til I afforded to sell new shoes.This shoe business is not that seasonal though during the school opening days and rainy season the sell are higher.
In my business shop now I do shoe repair
Shoe polishing service
Shoe both official and sport shoes
Shoes accessories (soles,,shoe brushes,Shoe polish,Dyes,Shoe threads,Gum among other small shoe accessories.
From my business I do get basic need for my family as well other needs ,Currently my business needs some cash so as to manage the need of my customers and make higher profit.
I do manage my monthly needs from my business as well get little profit to add stock.I am requesting $500 if possible to purchase more stock that i expect to sell during the show day in Nakuru next month this is the most day in every year that I do sell and make high profit.
This shoe selling business doesn't have high competition since most people dosent have the secret beyond it.Like me I have the secret that my competitors dosent have as well the source of my stock is friend price that left me with enjoyable profit.
In other side I sell nylon papers like the one we use to carry sugar,paper bags, I have two young boy that sells them around the market daily.
In many business for one to grow or advance you need a loan from zidisha that has a low interest rates.

Loan Proposal

Hello,thank you for the previous loan it helped me to add more stock this loan I am requesting if it could have been bigger for my business expansion,This loan I am going to purchase more shoes and leather materials for making new shoes .Now my shop has grown to a different view.I am now making my own shoes the big deal here is now I purchase inner soles,soles,shoe laser,dies and shoe threads and finally i sell them even to other people who are selling shoes like me.
I thank the Zidisha team for the heavy work you are doing to assist us.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$48.00

Date disbursed

Feb 17, 2015

Repayment status

On Time

Projected term

6 weeks

Lenders

D

dkapplerb

Toronto, Canada

P

Philippe

Adliswil, Switzerland

mepster

San Francisco, Ca, United States

P

Prometheus

Duisburg, Germany

Cathy

Melbourne, Australia

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  • Ian    Sep 2, 2015

    Hi lenders this is Ian and Joseph's mentor. I managed to talk to him and his business has stalled a bit. He is positive things will turn around in the coming weeks and he'll be able to catch up on his arrears.

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  • Joseph    Jul 17, 2015

    I purchased children's leather stocks and some female stocks too. Parents don't need to hustle for their young ones since I posses the varieties they require, this has greatly improved my earnings from 50% to 80%. I look forward to become a business entrepreneur in near future since the sky is the limit.

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  • Joseph    Jul 3, 2015

    I take this opportunity to inform you that I received your loan of Ksh 8785 . I spent half of it on female leather materials and the rest on children leather stocks as I had informed you earlier. This has actually increased my sales and I hope my business will gradually expand. I thank all the zidisha team for you generosity.

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  • Joseph    Jun 25, 2015

    This loan, I will purchase some leather materials for the school children and also increase some stock for the female leather shoes of which are in great demand. The savings will help in cater for school fees for my children and other house necessities.
    I thank the zidisha team for the generous support you have accorded me in ensuring my business prosperity.

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  • Joseph    Jun 11, 2015

    The previous loan made a big difference in my life because at the moment the shoe business has attracted more female clients and Iam making alot of profits . I managed to purchase more female leather stocks and the clients are happy because they have varieties to choose from. I intend to increase more varieties of female stocks and have one of the largest leather shop outlets in my region.

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  • Joseph    Jun 2, 2015

    I wish to take this opportunity to thank the zidisha team for lending me the loan of Ksh 4326. The loan helped me so much that I managed to increase my stock on female leather shoes and at the moment the bussiness is performing extremely well. I hope you will support even more in future in my ambitions to establish a more vibrant business empire.
    With regards,
    Joseph Tunje Mwanyuma.

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  • Joseph    Apr 22, 2015

    I intend to spend this loan to increase my stock on female leather shoes from the research I personally conducted and came to a conclusion that it will boost my business,so I take this opportunity to thank the zidisha team for lending me this loan.
    With Regards
    Joseph Tunje Mwanyuma

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  • Joseph    Apr 18, 2015

    The previous loan helped me so much I was able to add more stock and sales were higher than before.This is to thank you for the good work you have done to make my business grow to a higher level.

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  • Joseph    Jan 25, 2015

    The previous loan helped me so much,the business grew to a different level inform of a stock and sales were high than before,I oveffored many services than before for real thios loan has shown me a new look that I didn't know it will before.Thenks be to lenders and Zidisha team as whole.

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  • Ondieki    Aug 21, 2014

    Hi lenders talked to Joseph and said he had some problem, promised to start repaying this Saturday.

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