Entrepreneur
Name
Francis
Member since
October 2016
On-time repayments
56 installments • 41%
About Me
I have a diploma in civil engineering. I am a second born in a family of five. During my free time at college, I used to do hawking in the streets of Nairobi selling secondhand shoes. I love to socialize with people, especially the business-minded, and I am also in agribusiness in my village where I have started growing fruits.
My Business
I do sell ladies shoes. I decided to venture into this business due to its demand since ladies do change with what's new in the market which helps reduce loss since it's fast moving. I have been using the profit to grow the business. The costs incurred are: license, rent, wages to workers (I have one), electricity, and, at times, transport.
Loan Proposal
I Will increase my stock especially the flats and sandals which are in demand due to sunny season especially to university students. Sandal and flats are also bought by workers of all levels due to simplicity, being light, and not limiting to dress code. The price for One sandal is one dollar and I will be selling at around 5-6 dollar's each .This Will tripple the profit since per item I will have a profit of at least 3-4 dollar's. To me it will Help increase stock, to customers availability of goods, and to my employee security for his job
About Me
I have a diploma in civil engineering, a second Born in a family of 5 during my free Time at college I used To do Hawking in the streets of Nairobi selling Second hand shoes. I love to socialize with people especially business minded and am also in agribusiness in my village where I have started growing fruits
My Business
I do sell ladies shoes I decided to venture into this business due to it's demand since ladies do change with what's New in The market which helps reduce Los's since it's first moving. I have been using the profit to grow the business. The cost incurred are License,rent ,wages to workers I have One, electricity, and at Time transport
Loan Proposal
I Will increase my stock especially the flats and sandals which are in demand due to sunny season especially to university students. Sandal and flats are also bought by workers of all levels due to simplicity, being light, and not limiting to dress code. The price for One sandal is one dollar and I will be selling at around 5-6 dollar's each .This Will tripple the profit since per item I will have a profit of at least 3-4 dollar's. To me it will Help increase stock, to customers availability of goods, and to my employee security for his job
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Loan Info
Project Type
Classic Loan
Disbursed amount
$4.00
Date disbursed
Feb 24, 2017
Repayment status
On Time
Projected term
5 weeks
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