Entrepreneur
Name
Johnson
Member since
November 2016
On-time repayments
39 installments • 56%
About Me
I was born in 1957. I started my education at mazeras primary school then joined sacred heart high school. I was not able to job for about 11 years the employed at a higher purchase shop for about 10 years then the company collapsed. I then went back home doing small labour work. I decided to start repairing shoes.
My Business
I do shoe repair at mazeras town. Mazeras is very populated many people bring their shoes at my shop for repair. I choose this kind of business because it needs a small capital to start. My typical cost and revenue is 2500 KES for license per year, 500 KES for tools and materials. I used the profit to pay school fees for my son and home improvement.
Loan Proposal
I will buy materials for making new shoes at $20, I will buy 6 rolls of sowing threads at $ 1 each and 5 types of shoe polish at $3 each. It will increase my profit by $ 2 per day.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$32.00
Date disbursed
Jan 30, 2017
Repayment status
Late
Projected term
6 months
Other loans
Lenders
Jake Gibson and Beverly Picardo
San Francisco, United States
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