Lewis

Thika Majengo Estate, Kenya

100% repaid

Entrepreneur

Name

Lewis

Member since

August 2013

On-time repayments

98 installments  •  77%

About Me

I am a twenty six year old male Kenyan Citizen. I am the first born in a family of two. I have a sister in high school, form three this year. Her name is Susan Njeri. I live in Thika, Majengo Estate opposite Thika Primary School House Number 8, Plot Number 23. I deal with ladies shoes. I normally sell in the evening from 5pm just outside Family Bank in Thika, a very busy street. If am not there, I am outside Macvast Restaurant opposite Thika arcade. I am a part time student pursuing Certificate in Public Accounting. Currently from 8 am to 4:30 pm I am under internship prior going to my business at 5 pm. I am doing an internship at Thika Chemist. I started my business in 2011. This was after my parents got into financial problems and I had to make ends meet and educate myself. The business has enabled me pay my course and also assist my parents in ensuring that my sister is not sent home for school fees. I purchase shoes from Eastleigh in Nairobi in Garissa Mall.

My Business

My business is in selling women's shoes. I target women in particular because I sell during rush hour, along a busy street in Eastleigh, where they have a tendency to walk past whilst window shopping. Consequently, I stock a wide variety in order to suit every woman's needs. Using knowledge from my accounting and customer service background, I have the ability to lure my customers into coming to my shop and buying my shoes. I ensure the customer gets a bargain, whilst making a profit, as just one single pair can make me Ksh. 400 profit at minimum. Unfortunately, because I showcase all my shoes on the floor, when it rains they get spoilt, and thus my business cannot function. However, because I deliver on my word, my customers are very loyal and make personal orders, and even before payment, I give them what they want.

Loan Proposal

I thank you zidisha community for the great and good work you have been doing, i am so privilleged to be given another chance to post my second loan, my business is growing day by day & am happy about it progress. Am humbly requesting to be funded with 30100ksh. I will use approximately 20,000ksh to purchase high hill and wedged lady shoes which are usually on high demand the cost estimate of this shoes is 600 thus i will increase my stock with about 33 pairs. Am expecting to sell a pair of the shoes atleast 1200. The other 10,100 shillings i will use it to buy children shoes, which normally go for 400ksh per pair and am expecting to sell it at 100% profit. I believe they are also going to have a high turnover during this festive season. As for most kids in kenya they believe that a holiday is holiday if they are in new attirers and in new shoes. With this good timing of the season i believe i will be in a good position to pay back the loan even before the lapse of the three months set period.
Thanks in advance as you consider my request.

Show original English  

About Me

I am a twenty six year old male Kenyan Citizen. I am the first born in a family of two. I have a sister in high school, form three this year. Her name is Susan Njeri. I live in Thika, Majengo Estate opposite Thika Primary School House Number 8, Plot Number 23. I deal with ladies shoes. I normally sell in the evening from 5pm just outside Family Bank in Thika, a very busy street. If am not there, I am outside Macvast Restaurant opposite Thika arcade. I am a part time student pursuing Certificate in Public Accounting. Currently from 8 am to 4:30 pm I am under internship prior going to my business at 5 pm. I am under internship at Thika Chemist. I started my business in 2011. This was after my parents got into a financial problem and I had to make ends meet and educate myself. The business has enabled me pay my course and also assist my parents in ensuring that my sister is not sent home for school fees. I purchase shoes from Eaastleigh in Nairobi in Garissa Mall. In Eastleigh is where you will fi

My Business

I deal in selling ladies shoes. I get them at a very cheap price in Eastleigh, Nairobi. At the time I start selling them, its when people are from their places of work. Rush hour. As people drive or walk home, especially ladies have a tendency to walk while window shopping and consequently buy what pleases them. Knowing this, I decided to target them. I stock a wide variety of shoes to suit every woman's needs. With my accounting and customer service background, I am able lure my customers to buying and coming along with friends. Apart from that, I ensure that a customer gets a commodity worth his money or bargain. The business is indeed profitable as just a pair minimum can fetch Ksh. 400 in profit on the lower side. The risks involved in the business is in-case it rains, before one could collect all the shoes on the floor, they could get rained on and spoil. My customers are loyal to me because I get to deliver on my word. They make personal orders and even before payment, I get to bring what

Loan Proposal

I thank you zidisha community for the great and good work you have been doing, i am so privilleged to be given another chance to post my second loan, my business is growing day by day & am happy about it progress. Am humbly requesting to be funded with 30100ksh. I will use approximately 20,000ksh to purchase high hill and wedged lady shoes which are usually on high demand the cost estimate of this shoes is 600 thus i will increase my stock with about 33 pairs. Am expecting to sell a pair of the shoes atleast 1200. The other 10,100 shillings i will use it to buy children shoes, which normally go for 400ksh per pair and am expecting to sell it at 100% profit. I believe they are also going to have a high turnover during this festive season. As for most kids in kenya they believe that a holiday is holiday if they are in new attirers and in new shoes. With this good timing of the season i believe i will be in a good position to pay back the loan even before the lapse of the three months set period.
Thanks in advance as you consider my request.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$361.00

Date disbursed

Dec 4, 2013

Repayment status

On Time

Projected term

4 months

Lenders

Silver

Steiermark, Austria

Kjartan

Oslo, Norway

Y

YoUSA11

Sylvania, United States

Pierfausto

Rome, Italy

ElWal

Kirn, Germany

SHRFamily

Vancouver, Canada

Ingela

Falun, Sweden

fairspirit

Utrecht, Netherlands

Bobrm2k3

Charleston, United States

L

Leonora

TÄBY, Sweden

Sarasota

Sarasota, Fl, United States

Giucca

Indjija, Yugoslavia

lend518

M, China

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