buy second-hand ladies' shoes and children's sports shoes to sell

Mercy Oduor

Nakuru, Kenya

100% repaid

Entrepreneur

Name

Mercy Oduor

Member since

April 2014

On-time repayments

108 installments  •  63%

About Me

I am mercy oduor and l live in kabachia estate ,nakuru town nakuru county.I am in a fairly stable relationship with one kid .I sell second hand shoes a business i have done for a period from 2009.I am a diploma holder in business management from kenya institute of management.This educational backgound on marketing has helped me alot as i apply the skills acquired practically on my business applying the best practice in the for the satisfaction of my customers.I started the business because i saw the needs that people had for shoes and they could not afford the new ones from the shops so l started selling second hand shoes and the customers like them as they say they are long lasting and there is variety of the same.the earning from my the business I use to augment my business and make sure that my business remain afloat

My Business

my business in located at Maralal Road off Mburu Gichua Rd, Nakuru town nakuru county.
I sell second hand shoes of which l source from different suppliers in nairobi and some from nakuru.I source for variety that appeals to my customers as this is the reason as to why i have more customers than the competitors visiting my stall and getting shoes that they do appreciate and find value for their money.I make between ksh15000 to ksh 20000 per month.some of the risks that l exprience is sudden change of prices that come as a result of change of transport cost due to change in fuel cost. Zidisha funding will help me boost my earning as l will be able to add more stock and also open other outlets.

Loan Proposal

thanks so much zidisha team and lenders as well for giving me a chance for loans which are affordable. am going to bring more stock of second hand shoes am going to purchase ladies shoes which is on high demand at cost of 250 dollars,children sports shoes at a cost of 200 dollars and buildbuild more shelves where l can display my shoes to be seen by my customers at acost of 50 dollars the money that l get from selling this shoes l will use it to expand my business,pay school fees for my kid and improve my living standard around nakuru due to high standard of living

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$493.07

Date disbursed

Jul 1, 2014

Repayment status

On Time

Projected term

7 months

Cost to entrepreneur

Lender interest: $493.07 at 6.94% annual rate over 7 months = $19.74

Service fee: $10.16

Lenders

juliemartha

Lake Mary, United States

S

Scodeb123

Huntsville, United States

C

Caalve

Bratislava, Slovakia

joaoferraz

RINCHOA, Portugal

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

Stefano Bertolo

Luxembourg, Luxembourg

Sarasota

Sarasota, Fl, United States

Z

ZandC

Sacramento, United States

Richard Griebe

La Jolla, United States

B

Baldnerd69

Cross Plains, United States

M

MarkKrakow

Joliet, United States

pixelsebi

Berlin, Germany

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