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 will use the loan funded by Zidisha lenders to increase my stock. I will use the ksh. 7500 to purchase more variety of shoes. A pair of shoes with Whole sale price normally goes for Ksh. 250. I will purchase 20 pairs of shoes costing Ksh. 5000.
The remaining Ksh. 2500, I will use it to register for my exams which are due in December. Please accept my proposal.

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 will use the loan funded by Zidisha lenders to increase my stock. I will use the ksh. 7500 to purchase more variety of shoes. A pair of shoes with Whole sale price normally goes for Ksh. 250. I will purchase 20 pairs of shoes costing Ksh. 5000.
The remaining Ksh. 2500, I will use it to register for my exams which are due in December. Please accept my proposal.

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Aug 28, 2013

Repayment status

On Time

Projected term

24 months

Lenders

investor

Candiac, Canada

H

Hello

Salisbury, United Kingdom

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