Diversity of footwear for my shop

Lucas

Kisumu, Kenya

100% repaid

Entrepreneur

Name

Lucas

Member since

April 2017

On-time repayments

20 installments  •  65%

About Me

My name is Lucas, a resident of Kisumu, Kenya. I am 42 years old, physically challenged and a teacher by profession. My parents were peasant farmers who couldnt see me through school. I benefited from a sponsorship program upto University. I am a father of five, all of whom are in boarding schools. This is what motivated me to start a shoe-selling business to make ends meet. I would wish to expand to wholesale but lack the capital to do so.

My Business

I operate a small shop in Kisumu town, next to the Kenya National Library Services. I have employed one saleslady to assist. The proceeds, though not much, help supplement my pay as a public school teacher to support my family. It is my hope that this business will one day grow big enough to support myself and allow for savings for the purpose of expansion.

Loan Proposal

The loan will enhance my mobility within various market centres and hence increase the income from the sales. The net sales are expected to improve two-fold because of a projected use of the social media platform. With increased income, I will be able to be financially stable and improve my family's living standards even as I pursue a systematic expansion policy.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$12.00

Date disbursed

Jul 12, 2017

Repayment status

On Time

Projected term

5 weeks

Lenders

MarktheMormon

Sandy, Utah, United States

Paul Buchheit

Mountain View, United States

MR

Michiel Rauws

San Francisco, Netherlands

PG

Paul Graham

United States

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

Ask Lucas a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...