Ladies shoes business to boost my earnings

Shadrack

Zimmerman, Kenya

100% repaid

Entrepreneur

Name

Shadrack

Member since

June 2014

On-time repayments

107 installments  •  33%

About Me

Am 29 years of age.I hail from Mathira division in Nyeri county.I completed my education at Jodan college in 2007 where i graduated with a diploma in 'Sales and marketing'.Thereafter i joined the 'Blueshield insurance company as a sales executive until 2009.In mid 2009 i ventured into my personal business of direct sales in mobile phones accesories[like batteries,chargers,lines,powerbanks,housings,cardreaders,memorycards etc]upto date.Being in this business for a couple of years i would say it pays since i have been relying in it as my source of income.I also have in mind to own a chain of businessess for instance selling dolly shoes for ladies which is in high demand.I usually visit the childrens home during my leisure time and also adventuring in various game parks.While visiting childrens home i usually carry clothings,blankets,baby toys,bathing soaps and foodstuffs to motivate the kids and keep a good relation with the society.I at times volunteer by sponsoring 2 best candidates by paying trips to various orphanages or museums

My Business

I operate my own business that deals with mobile phone accessories like batteries,housings,chargers,memorycards,flash disks,cardreaders and some selected electronics.In this case i usually distribute the products to their destined places of work which is approximately 250 kilometers from Nairobi town.Most of my customers do prefer my business in that they don't count the cost of getting the products in town plus time consumed because all this is waived since i bring the products to their doorstep.By doing this i gain a rise in number of customers and their trust in my business.Although there are challenges culminating while doing this business like rise in price of the products,i always make them aware of the changes of the products in time to avoid inconveniencies.Being in this business for the last 5 years,i would say it fetches good income because i pocket approximately 25 dollars in a good day and approximately 15 dollars when the market is low.

Loan Proposal

Being in this business of sales,i also had in mind an idea of starting another business of selling dolly shoes for ladies as another source of income to boost my earnings.And since these shoes are in demand i credence i can earn 10 dollars in a day.With this figure of an income together with my earnings from my current earnings from the mobile accessories business i believe i will make it to repay the loan in time if granted and i will not let you down.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Aug 12, 2014

Repayment status

On Time

Projected term

3 months

Lenders

Zidisha

Sterling, United States

E

elkbrett

Bradenton, United States

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

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