Inventory of leather and threads for my shoe shop

Jane

Saika - Omega, Kenya

43% repaid

Entrepreneur

Name

Jane

Member since

March 2014

On-time repayments

245 installments  •  19%

About Me

My Names are Jane Wanjku. I am second born daughter in a family of 2. I went to Mai-i-ihii Primary school in Kiambu county. Thereafter i joined Moi Girls Kamangu in Kiambu county.
I joined Moi bridge Eldoret college where i persued Diploma in food production. I joined several local food production industries where i gained experience in food production relevant to my course.
However, i later joined Nairobi tannery as a secretary and later sales lady. I worked for 2 years before i Co founded soft leather with another partner.
Soft leather deals with manufacture of quality leather.

My Business

My business's name is soft leather products where we deal with manufacturer of quality leather. My main source of raw materials is local slaughter houses.
Our company operates form Saika Omega. Our sales account to major sources of funding for the production process.
The business is profitable because there are few of such who manufacture leather. However small scale we are, we are looking forward to expanding it in future subject to availability of funding.
The potential for growth in Kenya’s leather industry is considerable. The government estimates that value addition could more than double the current earnings to ksh 9 billion. The country has in recent years produced over two million hides (mainly cattle, with some camel) and around four million skins (goats and sheep).

Loan Proposal

Everybody love shoes. Because of this the industry of shoe making around the world is still growing and continues to get bigger in the coming up years. In shoe making business, the key ingredient to success is creativity and incomparable skill in creating and designing footwear for everybody. There’s always a big demand for shoes and people love to shop shoes as part of their collection or hobby. No matter what the economy dictates it can’t stop people from buying shoes making it as a stable and profitable business venture to deal with.
Here is my my budget for my 3rd loan.

BUDGET:
1. Assorted finished leather = 25,000KES
2. Threads = 3,500KES
3. Glue = 800KES
4. Assorted decorators = 3,500KES
5. Transport = 1,500KES
6. License = 3,900KES
TOTAL = 38,200KES

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$443.00

Date disbursed

Jul 11, 2014

Repayment status

Late

Projected term

55 months

Lenders

Rdcmole

Cincinnati, United States

Vanamo

Helsinki, Finland

Lorax

Around, United States

ads68

Melbourne, Australia

S

Scodeb123

Huntsville, United States

T

tkromm

Agia Paraskevi, Greece

O

ochunshoney

charlotte, United States

K

KennaMumford

Salt Lake City, United States

K

kjustad

Asker, Norway

S

Serene

Philadelphia, United States

Sarasota

Sarasota, Fl, United States

Richard Griebe

La Jolla, United States

R

robertsk

Yuba City, United States

D

DanielW

United States

Matching Fund

Sterling, United States

M

mguenter

Switzerland

larry

Sweden

Vesa

Helsinki, Finland

E

edbean

United Kingdom

Mikers

Netherlands

F

fariedpatel

United Kingdom

Bryan

Houston, United States

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