Milkah Wanjiru

Gilgil, Kenya

100% repaid

Entrepreneur

Name

Milkah Wanjiru

Member since

January 2013

On-time repayments

201 installments  •  17%

About Me

i am a young lady live in Gilgil town and my current occupation is self employment.I posses a diploma in business management second class honor.this Help me to be able to start my own business of selling ladies shoes.Started this business to keep my self busy as I wait to be employed but I came to find that having my own business is more profitable than being employed .I am able to cater for all my expenses and the profitI got from my business enable me to save a lot of money which i intend to buy a piece of land and lay down my own flats for renting

My Business

My business is about lady's shoes;When starting a shoes business, I will find it valuable to determine who My target market will be. This allow me to determine what type of shoes I am going to sell. I can sell low end shoes, high end shoes or both depending on what type of clients I expect to patronize My shoe shop. Nevertheless, i will find it notable to know that I will be able to sell to more people if I sell low end shoes. My shoe store business start up capital will also determine what type of shoes I will be able to sell.
Due to growing population and fashion change the demand for lady's shoe is very. high every one want to catch up and move with fashion.
It is still important that I acknowledge the importance of a brick and mortar shoe market business outlet because this is where I can display My products and sell directly to my customers. It is important that I choose a location where people can easily see and purchase My products . Setting up a shoe outlet in a mall or in similar high traffic areas would be a great idea and am looking forward to open a new outlet where more people will access my shop.I Also take my products to the market during the market day (two days in a week) this also boast sales.

Loan Proposal

I will use the loan in stocking my business with varieties of shoe in order to attract more client.i will also supplement my business with beauty products e.g neckless ,bungles, Earings and other things that women and young ladies like most.i will also start stocking men's wear like shirt,trousers,ties etc

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$500.79

Date disbursed

Mar 22, 2013

Repayment status

On Time

Projected term

12 months

Cost to entrepreneur

Lender interest: $500.79 at 4.45% annual rate over 12 months = $23.77

Service fee: $18.86

Lenders

BM

Benedicte Monroe

Sarasota// Phnom Penh, United States

Silver

Steiermark, Austria

KyRoamer

Louisville, Kentucky, United States

M

magmax

Vienna, Austria

korben

VILLENAVE D'ORNON, France

G

guenter

Bremen, Germany

Kysera

Crawfordsville, United States

E

Elisa

Espoo, Finland

EmilAsker

Lomma, Sweden

Sundstroms

Falun, Sweden

pentatonicscale

Niiza-shi, Japan

Maartje

Hinteregg, Switzerland

X

xaphoon

angouleme, France

T

Travelbear

Asheville, United States

MillerClark

London, United Kingdom

Ingela

Falun, Sweden

J

jerryq

Redding, United States

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