Buying footwear to sell

Veronicah

Salgaa, Kenya

100% repaid

Entrepreneur

Name

Veronicah

Member since

April 2013

On-time repayments

37 installments  •  92%

About Me

. I was born in 1978 at Molo district which is in Nakuru County. I started my primary education in 1984 and I managed to sit for the Kenya Certificate of Primary Education in 1992 and managed to obtain the marks to enable me to join the secondary school. I sat for my secondary school certificate in 1996. In school, I was very good in Volleyball and also I was the treasurer of the Christian Union( C.U.) for they have trust in me..
After secondary school I joined Kenya Industrial Technical Institute ( KITI) where I took Clothing and Textile Technology for three years. From the college , I was employed in a secondary school for two years after which I shifted to a primary school because of good payment and I worked there for another two years. I decided to be self reliable and in this case brought me to start my own business.
I am not married, so I am single business woman

My Business

As per above I started my own business in the year 2005 of selling the new clothes. I preferred this business because it covers my area and I know the best clothe as I sell to my customers. People like my shop because they know they do get the best.
I do have high sells during the month of July to January because at this season there is a good income. My sell goes up and it do covers the months that has no good sells. What I do get, I do pay house lent, buying stock, paying debts like loans, savings and also domestic use. I love this business for it pays more than being employed and also I have freedom. My business has been given a name Jire Wear as I remembered what God has done to me all through and I know there is a room to expand.

Loan Proposal

purchase three dozens of men official shoes, rubber shoes, rubber sandles, slippers, two dozens of ladies rubber shoes, dolly shoes, slippers, open shoes
of varying designs, children sandles, lap top bags, gloves for motorbike riders, gumboots of different sizes. Customers will not have to travell to other town in search of shoes coz i will have brought them near to them. I will be able to pay for the rent, provide the basic needs for my family and needy family next to me and my aging parent. profit will increase by twenty percent .

Income Source

am planning to purchase secondhand sport shoes compared to new ones coz they cost less compared to new ones also they move faster .this will enable me pay the loan on time and add more stock.

Feedback

1

None

None

  • Urszula    Feb 29, 2020

    Veronicah made all the effort to keep up with the high repayment rates. Well done and all the very best with your new ventures!

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Loan Info

Project Type

Classic Loan

Disbursed amount

$120.00

Date disbursed

Nov 4, 2020

Repayment status

On Time

Projected term

2 months

Lenders

PaulE

Cockeysville, MD, United States

MarktheMormon

Sandy, Utah, United States

JimVandegriff

Trinidad, California, United States

ElWal

Kirn, Germany

Rosella

Australia

KM

Kirk Moore

Cerdanyola del Vallès, Spain

J

Jino

Greece

A

Allan

United States

A

Arianna

United States

J

Jude

United States

V

Valentine

United States

J

Joan

United States

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