Loan for mens, ladies and childrens shoes
Lewis
Thika Majengo Estate, Kenya
27% repaid
Entrepreneur
Name
Lewis
Member since
August 2013
On-time repayments
98 installments • 77%
About Me
I am a twenty six year old male Kenyan Citizen. I am the first born in a family of two. I have a sister in high school, form three this year. Her name is Susan Njeri. I live in Thika, Majengo Estate opposite Thika Primary School House Number 8, Plot Number 23. I deal with ladies shoes. I normally sell in the evening from 5pm just outside Family Bank in Thika, a very busy street. If am not there, I am outside Macvast Restaurant opposite Thika arcade. I am a part time student pursuing Certificate in Public Accounting. Currently from 8 am to 4:30 pm I am under internship prior going to my business at 5 pm. I am doing an internship at Thika Chemist. I started my business in 2011. This was after my parents got into financial problems and I had to make ends meet and educate myself. The business has enabled me pay my course and also assist my parents in ensuring that my sister is not sent home for school fees. I purchase shoes from Eastleigh in Nairobi in Garissa Mall.
My Business
My business is in selling women's shoes. I target women in particular because I sell during rush hour, along a busy street in Eastleigh, where they have a tendency to walk past whilst window shopping. Consequently, I stock a wide variety in order to suit every woman's needs. Using knowledge from my accounting and customer service background, I have the ability to lure my customers into coming to my shop and buying my shoes. I ensure the customer gets a bargain, whilst making a profit, as just one single pair can make me Ksh. 400 profit at minimum. Unfortunately, because I showcase all my shoes on the floor, when it rains they get spoilt, and thus my business cannot function. However, because I deliver on my word, my customers are very loyal and make personal orders, and even before payment, I give them what they want.
Loan Proposal
Hi,
Lenders, I want take this time to thank you for the recommendable job
you are doing. I also want to thank you for the opportunity you have
given me to serve my community in your organization for giving me the
opportunity to serve people as a VOLUNTEER MENTOR. I am happy for that as it
has boosted my c.v and more I have recruited young investors too.
I am very happy to post my fourth loan on this platform after a successful
investment of my previous loan of 925$ last loan. The loan was very
successful and very fruitful in my life as it gave me a chance to join hands with my fellow friends at home, and we came to conclusion that each
month we will be visiting less fortunate children and orphans at their
residence, helping to make their life as enjoyable as we can.
This loan I am requesting, am intending to
1. Invest 30 % in buying high heel shoes for ladies and army boots,
as you might be aware we are entering into a rainy season after the dry
spell. I want to buy these shoes early enough before their demand goes up
thus I will save by buying at lower cost. I also prefer the high heel shoes stock so my customers can find everything they want under one roof.
2. I will use 40% to buy mens shoes such as smart shoes, casual shoes and sandals. I will purchse these from the capital city where I can buy in bulk, fetching a good return on each product.
3. 20% of this loan will be used for decorating my shop. The walls have faded, so I will paint it, and will also buy a big mirror in order to make it attractive and classy. This renovation will not damage my custom, as the work shall be done at the weekend.
4. 10% of the remaining loan, will be used to meet my pledges. I have made a
pledge to a children's home that at the end of term I will award the best performing student in class 7 and the most improved student a prize. I believe it is important to motivate the children in their work.
I do call on all the zidisha lenders to sacrifice and fund my projects
as I still keep to my word that I will never fall into debt. I have always maintained 100% repayment so far.
God bless you.
About Me
I am a twenty six year old male Kenyan Citizen. I am the first born in a family of two. I have a sister in high school, form three this year. Her name is Susan Njeri. I live in Thika, Majengo Estate opposite Thika Primary School House Number 8, Plot Number 23. I deal with ladies shoes. I normally sell in the evening from 5pm just outside Family Bank in Thika, a very busy street. If am not there, I am outside Macvast Restaurant opposite Thika arcade. I am a part time student pursuing Certificate in Public Accounting. Currently from 8 am to 4:30 pm I am under internship prior going to my business at 5 pm. I am under internship at Thika Chemist. I started my business in 2011. This was after my parents got into a financial problem and I had to make ends meet and educate myself. The business has enabled me pay my course and also assist my parents in ensuring that my sister is not sent home for school fees. I purchase shoes from Eaastleigh in Nairobi in Garissa Mall. In Eastleigh is where you will fi
My Business
I deal in selling ladies shoes. I get them at a very cheap price in Eastleigh, Nairobi. At the time I start selling them, its when people are from their places of work. Rush hour. As people drive or walk home, especially ladies have a tendency to walk while window shopping and consequently buy what pleases them. Knowing this, I decided to target them. I stock a wide variety of shoes to suit every woman's needs. With my accounting and customer service background, I am able lure my customers to buying and coming along with friends. Apart from that, I ensure that a customer gets a commodity worth his money or bargain. The business is indeed profitable as just a pair minimum can fetch Ksh. 400 in profit on the lower side. The risks involved in the business is in-case it rains, before one could collect all the shoes on the floor, they could get rained on and spoil. My customers are loyal to me because I get to deliver on my word. They make personal orders and even before payment, I get to bring what
Loan Proposal
Hi
lenders I want take this time to thank you for the recommendable job
you are doing, I also want to thank you for the opportunity you have
given me to serve my community in your organization for giving me the
opportunity to serve people as VOLUNTEER MENTOR, am happy for that as it
has boosted my c.v and more I have recruited young investers in it.
Am very happy to post my fourth loan on this platform after a successful
investment of my previous loan of 925$ last loan. The loan was very
successful and very fruitful in my life as it gave me a chance to join
hands with my fellow friends at home and we came to conclusion that each
month we will be visiting less fortunate children and orphans at their
residence and we will be helping to make their life better as one could
be able.
This loan I am requesting, am intending to
1. 30 %invest it in buying high hill shoes for ladies and warmy boots,
as you might be aware we are entering into a rainy season after the dry
spell. I want to buy this shoes early enough before their demand goes up
thus I will save by buying at lower cost am also preferring the the
high hill shoes stock to make it comfortable for all my customers that
whenever they come to my shop all what they require they find it under
one roof
2. 40% I will use it to buy mens shoes such as officials, open shoes
casual shoe wares. I will purchse this shoes from the capital city where
I collect them at a lower price thus fetching a good return when I sell
them
3. 20% of this loan I will paint my shop as it has faded and I will also
buy a big mirror, despite how it looks I believe it will look more
attractive and a classy shop when I refurbish it, the cost of paint and
brush and paying the painter will be enough from the 20%. I believe that
thia renovation will not affect my business as we will do this work
during the weekend.
4. 10% of the remaining loan I will meet my pledges, as I had made a
pledge to community hope children ( children’s home ) that at the end
this term I will award the best performing student in class 7 and the
best improving student overall. I find it always good to motivate
children in their acivity
I do call on all the zidisha lenders to sacrifice and fund my projects
as I still keep to my word that I will never fall into debtness, it’s a
proof as from time I joined zidisha and I became a volunteer mentor I
have always maintained 100% repayment. God bless you
Feedback
Positive
4
Neutral
None
Negative
2
Loan Info
Project Type
Classic Loan
Disbursed amount
$1,575.00
Date disbursed
Oct 22, 2014
Repayment status
Late
Projected term
15 months
Other loans
Lenders
United States
Mountain View, United States
Ask Lewis a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.
Sputnik Mar 23, 2018
cocokathy Jun 21, 2017
Loading...