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
Positive
5
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$443.00
Date disbursed
Jul 11, 2014
Repayment status
Late
Projected term
55 months
Other loans
Lenders
United Kingdom
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