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.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$144.00
Date disbursed
Oct 19, 2019
Repayment status
Late
Projected term
6 months
Lenders
Germany
United States
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