Loan to introduce school shoes in my business
Kipapi
Nairobi, Kenya
32% repaid
Entrepreneur
Name
Kipapi
Member since
May 2019
On-time repayments
22 installments • 73%
About Me
my name is abdallah kipapi asumo, i come from western part of Kenya. vihiga county, vihiga district , lugaga location . I am the second last born in a family of seven. my late father and mother brought us up in a christian way of life but unluckily we encountered hardship when mum passed away later on dad too passed on so it forced me to stop my education at high school level and seek on the way to bring a brighter future to my siblings and my future life. i started my shoe business which up to now has made me cater for my daily expenses a swell as pay for my two kids school fees .
My Business
i do sell shoes in dandora .Dandora is one of the estates in nairobi city. i did start this business as an hawker but through my hard work i managed to get a stall which i pay its rent monthly , right now i do my business in a central location which my customers do get me at any time of their choice. through zidisha i have expanded my stall and now i can accommodate a larger number of stock of different variety.my business has continousely given me good income which i pay my expenses and take to the bank some money as savings for the future of my kids.
Loan Proposal
since my business is located next to a number of both primary and secondary school, i came to realize that i can fetch much money by introducing school shoes in my business, this idea came into my mind since most of my customers use to ask if i have the likes of ta-fit school brand shoes which i never had by then, now i see it to be the right time to introduce them into my business. i look forward for a 20% profit increase as already i have stand by customers.
Feedback
Positive
None
Neutral
None
Negative
None
Loan Info
Project Type
Classic Loan
Disbursed amount
$105.00
Date disbursed
Jul 28, 2019
Repayment status
Late
Projected term
3 months
Other loans
Lenders
Germany
Ask Kipapi a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.