Entrepreneur
Name
Eunice
Member since
August 2017
On-time repayments
17 installments • 53%
About Me
My name is Eunice mueni. I was born in machakos as an only child then later my parents moved to kiambu where I stay now.
I went to Kikuyu day high school and after completion, I started to help my parents at their shoes and sandals shop.
Since they are my role models, the little token I got from helping them, I opened a lock account with my local bank where I did save.
I then began buying second hand shoes and then selling them back to the community at an affordable price.
The profits that I'm getting are helping me to buy more and also expanding my business.
The people around me are business persons and I love cooking, reading business magazines and books.
My Business
I buy my second shoes at a the capital city of Kenya, Nairobi at a cheap price of $5 a pair and I sell them at a range of $8_ $12 a pair and from there I make my profits.
The goods are in great demand since most of the people cannot afford to buy the expensive shoes and through my business they dress to please.
I chose this business since it gives me profit and I have a passion of it and it helps me take care of my self and also pay my bills.
I am not yet married but am engaged so I got no children yet.
I intend to use my profits to extend my business, save some profits and also save for my children.
Loan Proposal
I will use the loan to buy more shoes so as to add up my current stoke. A pair of leather second hand shoes costs $10 and I'm going to use this loan to purchase extra shoes.
I will sell a pair at a cost $14.50 a pair and this will bring up a 45% profit increase.
I will use the profits to repay my zidisha loan on time, expand my business and take care of my bills.
As an experienced entrepreneur, I will help young people get the knowledge of investing at a young age since they all got a bright future. My community will really benefit from cheap and quality shoes and they'll look good.
Thanks to my lenders.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$42.00
Date disbursed
Sep 23, 2017
Repayment status
On Time
Projected term
6 weeks
Other loans
Lenders
United States
United States
Jake Gibson and Beverly Picardo
San Francisco, United States
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