Buy tents and leather sets for shoe-shining business
Abnery
Nairobi, Kenya
10% repaid
Entrepreneur
Name
Abnery
Member since
January 2015
On-time repayments
191 installments • 12%
About Me
I was born in Kiang'inda village, Nyamira county. I am married and blessed with 2 children. I love my family and they are always my main motivation. I pursued my education up to O' levels and moved to Nairobi in 2013 to look for employment. I got mostly short manual contracts that were very straining and not paying well. All along I always had the desire to start and grow my own business. After about 6 months, I decided to utilize my savings and venture into the shoe-polishing business. I still do the same business to date and I am derive much satisfaction from being my own boss.
My Business
As mentioned above, my business involves polishing shoes for my clients. Many people usually have no time for shoe polishing or want to keep their shoes shiny throughout the day. These are my clients. My costs are usually around $90 a month and involve buying 9 types of Kiwi shoe polish and creams($50), county council licenses($15) and miscellaneous expenses($25). I usually have profits of around $250 a month. I use my profits to maintain my family and pay school fees for my kids. I intend to expand my business and ideally have 2 assistants so we can serve more clients.
Loan Proposal
Hallo.Once more i am making aloan for the second time.I hope it will improve my business.The first loan i used it to open one site for my new business and bought some cleams plus shoe polish.By now i have two sites for my business i have employed one lady who is helping me to serve my clients.A lot of men nowdays like to be served by ladies who look smart and beautiful.This second loan i want to buy ready made tents to give shelter for for my clients.During the month of april in our country there's alot of rain and my clients will need my service.their shoes need to shing throughout i need also to buy two leather seat. The cost one tent is costing 60dollars so two will cost 120dollars.One leather seat is costing 30dollars so two will cost 60 dollars the remaining i will be using to buy news paper for my clients to ready while waiting for the shoes.i hope to make some profit to help me to pay rent and buy food for my children it will help me to improve my life.i hope you will consider me thanks
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Loan Info
Project Type
Classic Loan
Disbursed amount
$197.00
Date disbursed
Apr 22, 2015
Repayment status
Late
Projected term
42 months
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