Loan to buy new shoe products

Ibrahim

Ruaraka, Kenya

100% repaid

Entrepreneur

Name

Ibrahim

Member since

May 2016

On-time repayments

174 installments  •  50%

About Me

I grew up in nyamira district in a small town known as Nyamataro within kerema district found in the current Nyamira county. This is where i did all my schooling both primary and secondary education. my father is a tea farmer, and i come from a family of 7 , three brothers and four sisters, so i struggled to gain my education. i managed to complete my secondary education. i later joined a local polytechnic where i did some mechanics. By doing this i was able to raise some monies with which i bought the daily needs of my family such as food clothing and money to educate my daughters

My Business

I run a small shop where i sell spare parts . i specialize in selling motorcycle spare parts. i started by reparing motocycles ,but i later opened a shop for spare parts, since i realized that this was easy and its income was a bit stable and i could be more indipendent.
i decided to do this business because, most people use moto cycles where i live, and most times they needed spare-parts and repairs to be done for them.
typical cost for my business is paying rent for the small house that houses my business. i pay for electricity and city council revenues.
the small i get from my business, i save and pay fees for my children, because i want them top have a good future

Loan Proposal

I do a business of stocking and selling shoes. I need to add another variety of new shoes. Currently I have saved , and I need this loan to add to what I have and increase stock.
1 carton of adza shoes of 12 pairs goes for 120 dollars

And I need different types , and I need like five cartons which will cost 600 dolars

I will highly appreciate your support

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$607.00

Date disbursed

Sep 10, 2017

Repayment status

On Time

Projected term

3 months

Lenders

P

PaulDC

Washington, DC, United States

NedRyerson

Munroe Falls, United States

M

Margi

Littleton, United States

ZH

zoe henley

United Kingdom

ME

Manaal Eisa

Washington DC, United States

PG

Paul Graham

United States

I

isaac

United Kingdom

Kevin

United States

Craig Newmark

United States

Humble Bundle Community

San Francisco, United States

CJ

Carrie J

United States

GS

Gary Sinard

Franklin, TN, United States

C

Cecile

United States

Bo Rosén

Eslöv, Sweden

EC

Edward Conrads

San Francisco, United States

PS

praful shah

United States

TB

Tim Barrett

United States

TP

Tirzah Prince

United States

A

anna

Sacramento, California, United States

KR

Kathryn Roach

United States

JU

jeremy upsal

United States

Brandon Wright

Salt Lake City, Ut, United States

E

eleni

United Kingdom

M

Marco

United Kingdom

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Ibrahim a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Ibrahim    Dec 6, 2018

    I may like to change my installment amount to 50 ksh because i have suffered severly because my busines which was my source of income collapsed ,that is why i apologise for long time i have taken without paying my installment, thanks.

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  • Ibrahim    Dec 30, 2017

    I will like to reduce my installment amount because I need to take my children because they are opening on January, therefore I need the money I will be comfortable to pay and I be able to meet with zidisha obligations, thanks team for accepting my changes.

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  • Ibrahim    Dec 18, 2017

    The loan I got I purchased second hand shoes which increased my stock so that I can be able to sell more during this festival Christmas, and approximately I'm expecting a profit of 100dolars in each bale of shoes where I have already purchased 3bales each costing 300dolars and I'm sure whitin three weeks I'm going to sell all due to high demand, also I'm planning to have atour with my family before the opening of schools this is possible through your loan you gave me and my family are able now to enjoy in school and in our daily welfare without stress as before, my neighborhood are also benefiting because I have already employed two youths who are taking the shoes to different markets around our community, thanks zidisha I will continue telling others about zidisha.

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  • Ibrahim    Dec 15, 2017

    I Will use the loan to increase my stock of shoes and through that I will be able to get good profit ,also able team of zidisha this will be my turning point for my family because they will be able to attend school since I will be able to pay their school fees through the profits I earn ,thanks zidisha team for giving me this loan because I Will continue tell other people about zidisha.

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  • Ibrahim    Dec 5, 2017

    The loan i got I used to increase my stock of shoes and now I got aprofit of about 100 dollars in 3months which has enabled me to take my family to agood holiday at the coast part our country where we are now enjoying before going to Christmas, thanks zidisha so much for my growth.

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  • Ibrahim    Nov 15, 2017

    Thanks zidisha for the loan which you gave me, now business is growing tremendously and I'm able to have a good stock to sell more especially this Christmas festival which I hope is going to give me good profit, I keep on updating you of my progress and how I have helped even the community as l plan to apply anew loan and expand my business to accommodate more youths in my community, thanks.

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  • Ibrahim    Nov 13, 2017

    The loan I received has changed my life completely l can now make a profit of up to 10dollars of every sack of shoes of 60pairs each sack or acarton of 12pairs ,also my children are now getting quality education since I'm able to canter for their school fees, even neighbourhood have been interested with zidisha and most of them have joined through my advice and others through what they see on family and business, thanks zidisha for the far you have brought me.

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  • Ibrahim    Nov 10, 2017

    The loan I was given i used to increase my stock of wholesale of shoes which to family as changed so much since the interest I earn I taken my children in good school, also in the community I have employed several youths who help me to supply the shoes on retail hence on that they earn a leaving and helps them and their families.

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  • Ibrahim    Nov 9, 2017

    Thanks zidisha for the far you have brought me as enterpreun in business and the progess I have done to the community by creating employment to the youth, please to my concern is the loan I applied which I'm told the proposal expired before my loan was fully funded, also my credit limit decreased to 6100shs from 115000shs even applying anew loan is aprobem please zidisha help me to continue enjoying youry services also I'm always in time in my all payments 100%

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  • Ibrahim    Nov 6, 2017

    I the last loan I was given I increased my stock of selling shoes, thanks zidisha because now my business is stable.

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  • Ibrahim    Oct 15, 2017

    I increase my payment so that l may complete my loan early and get big loan to increase my business stock.

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  • Ibrahim    Sep 22, 2017

    I will like to change my installment amount because I want to see how my new business will perform.

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  • Ibrahim    Sep 16, 2017

    I expanded my business, now selling wholesaler shoes in bags and cartons thanks zidisha team for helping me to achieve my dreams.

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  • Ibrahim    Sep 10, 2017

    The loan you have given me I will use to expand my business of selling shoes in wholesale packed in sacks and cartons to retailers on different parts of upcountry, the loan will help me to expand my thinking in business mind.Also take this opportunity to thank zidisha team for the loan blessed, l will continue informing new members about zidisha.

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  • Ibrahim    Sep 2, 2017

    Thanks for the loan I just completed paying. I have been able to buy an assortment of shoes that I sell.
    Profits have increased and I am able to pay well the person I have employed

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  • Ibrahim    Aug 22, 2017

    I will like to increase my payment installment because my business is now giving good income and profit on daily basis hence thanking zidisha in advance for making what I'm financially and economically.

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  • Ibrahim    Jul 20, 2017

    My merchandize

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  • Ibrahim    Jul 20, 2017

    These are some of the merchidise that I sell.

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  • Ibrahim    Jul 13, 2017

    Thanks zidisha for the loans you gave me now l have expanded my businesses now making good profit

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  • Ibrahim    Jul 13, 2017

    I have expanded my businesses to wholesale of shoes in bags cartons

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