City council licence approval for my shoes business

Samwel

Egesa, Kenya

Funds disbursed

$0 to go

100% funded of $47 goal

0

days left

Entrepreneur

Name

Samwel

Member since

August 2014

On-time repayments

9 installments  •  67%

About Me

I am Kenyan young man, 5th born in a family of seven. my entire family lives within Kisii county where they do peasant farming . I live alone in Kisii town at Egesa estates in the same county. i am businessman and a student in town.I do sale men wear shoes and attend my business management course at ELGON VIEW COLLEGE. i decided to join business to be an independent person,support my daily needs, pay my fees. I get my whole sale shoes from Nairobi that i retail them in kisii markets in an open market. i do play and watch football games and socialize with my fellow students whenever am free from job i take evening classes of business management.Am a hard working and determined person to succeed and with your help i look forward for a bright future,thanks zidisha.

My Business

i love this business because it meets my daily needs seriously. this men wear shoes has got high demand due to the many colleges, schools, hospitals and other institutions. my customers prefer my services and goods because i do move with test and likes. there is competition from bata shops around but later we much out with our targets. i do face challenges like heavy rains in this region hence giving us hard time to cover and store them since we operate in an open market. i do make 120 dollars in my monthly calculated net profit of which i use to settle my needs like food 10dollar, clothing 12dollar, rent 18dollar, transport 5dollar,50 dollar for my college fees and save the rest in my savings account. i look forward to own my shop for these sales and have enough stock in the market and even create employment to somebody to move business whenever am attending my classes. thanks

Loan Proposal

my licence is about to expire by mid of November ,hence I want to be able to pay for it so that my business premise won't be closed ,the cash I heard ha used it to replenish my shoes stock that is yet to be delivered to my shop. Getting this money will be very helpful at the moment situation.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$47.00

Date disbursed

Nov 4, 2019

Repayment status

Late

Projected term

3 weeks

Other loans

Lenders

Paul Buchheit

Mountain View, United States

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