Entrepreneur
Name
Joseph
Member since
October 2016
On-time repayments
168 installments • 66%
About Me
My name is Joseph Mugo. I was born in central Kenya where I grew up till adulthood. I went to up to secondary school education. I live in Mombasa city where I relocated after my secondary school education.
I do not have any formal training and I ventured into business immediately after my secondary school education.
I am married with two children.
My Business
My business deals with selling of second hand shoes. I like the business since it is profitable especially during the high season. I buy shoes in boxes and then retail them from my shop which is in Mombasa town.
My weekly profit is about $75 and I use this money to support my family. I am hoping to grow my business and open a big shoe store where I will be able to sell new shoes as well.
Loan Proposal
I will buy sports shoes to sell to mostly school students who use them around this time of the year. We are now approaching the second term which is a sports time the school calendar. I therefore expect a high demand for sports shoes and that I why I want to stock up this type of shoes.
I hope to make good profit from this investments which will greatly improve my quality of life and that of my family.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$84.00
Date disbursed
Apr 8, 2017
Repayment status
On Time
Projected term
6 months
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
United States
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