Inventory of shoes to sell

Entrepreneur

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

My business is expanding progressively due to Zidisha support. I need more stock of shoes so as to address my client's demand adequately. If loaned, I will use the entire amount to buy new shoes to sell from my outlet.

I am hoping to get about a dozen low end men's boots which are always in high demand. I will use the profit so realized to get more stock and to accelerate my business growth.
Thank you.

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Loan Info

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