Materials for making shoes and others for sell
Faith
Mombasa, Kenya
100% repaid
Entrepreneur
Name
Faith
Member since
September 2014
On-time repayments
40 installments • 75%
About Me
Am a 1st born in a family of 3 children where by father and mother are retired.I finished my primary and secondary school then was taking ABE UK studies in Kenya where by I failed to pay my school fees so I started learning bead work like making handbags hearings necklaces and flowers for making leather shoes (Maasai shoes) so that I will be able to afford paying my school fees and open my own company for East Africa Culture products.
I like traveling and learning new things,swimming and watching movies.
My Business
Dear lenders,
This year i open another business which is shop for home staffs and materials for making Maasai sandals and accessories (beads,fishing line and twine ropes). Thanks God i got a suitable place where by i can manage to make sales of 45 to 85usd per day that is a total sales of beads, fishing lines fishing twin and other home use staffs.
Loan Proposal
I will buy materials for making shoes as in average per pair will cost 4$ and i will sell the shoes @ 7 to 9$ depending on the place where i will sell it.That will make a profit of 3 to 5$.
Also i want to start selling some materials where i know where i can get at a cheaper price and sell to other people.Like finshing line this used to make flowers of the shoes and i will get it @ 2$ per dozen and sell it @ 3$ wholesale price which will give profit of $1.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$198.00
Date disbursed
May 21, 2017
Repayment status
On Time
Projected term
4 months
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