Inventory of shoes

Joseph

Mombasa, Kenya

10% repaid

Entrepreneur

Name

Joseph

Member since

October 2016

On-time repayments

168 installments  •  66%

About Me

My name is Joseph Mugo. I was born in central Kenya where I grew up till adulthood. I went to up to secondary school education. I live in Mombasa city where I relocated after my secondary school education.

I do not have any formal training and I ventured into business immediately after my secondary school education.

I am married with two children.

My Business

My business deals with selling of second hand shoes. I like the business since it is profitable especially during the high season. I buy shoes in boxes and then retail them from my shop which is in Mombasa town.

My weekly profit is about $75 and I use this money to support my family. I am hoping to grow my business and open a big shoe store where I will be able to sell new shoes as well.

Loan Proposal

I will use the entire amount to boost my stock of shoes which I wll then sell to waiting clients. This money is enough to buy about a dozen pair of shoes and I hope I wll be able to increase my sales in a big way.

Thank you.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$144.00

Date disbursed

Oct 19, 2019

Repayment status

Late

Projected term

6 months

Lenders

WE

Wendy Emlyn

Devon, United Kingdom

Ren

Minneapolis/StPaul, United States

M

Margaret

United States

Kelly

United States

AB

Angus Barkow

United States

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