Lizy's Shoes

Elizabeth

Voi, Kenya

33% repaid

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How it Works

Entrepreneur

Name

Elizabeth

Member since

January 2017

On-time repayments

10 installments • 30%

About Me

I am a student from a single parent home with only my mother and younger sister.My parents recently divorced and we were left with our mother.She struggled to see me through highschool and now that am going to join university soon.She is everything to us since their is no sort of help from my father who remarried and brought in his wife to our matrimonial home.

My Business

I sell secondhand items but now I only deal in shoes since its the only thing I can afford.I am planning to incorporate other items apart from shoes into my business but its all dependant on capital which I don't have.Currently I sell the shoes from home since I cannot afford to pay for a shop and also because my current stock is really small.

Loan Proposal

I will use the 1500 to purchase 5 pairs of higher quality shoes than the once I already have. Each pair is bought at Kshs.300.I then sell them at Kshs.800 a profit of Kshs.500 per shoe and a total profit of 2500 non inclusive of the capital.