Stocking a larger variety of shoes to sell

Mwirigi

Kabati, Kenya

84% repaid

Entrepreneur

Name

Mwirigi

Member since

May 2014

On-time repayments

209 installments  •  15%

About Me

I was born in a family of two in Njoro Nakuru County in Kenya where I also studied. After school I relocated to Naivasha to look for a job where I got with flower farms. I rent room to reside and sustain myself. After a year I realize the need to improve myself and that of my family an idea was born and I started a hawking shoes business operating on my part time especially after work and my day off, which I faced high competition because I didn’t have enough time to concentrate with my business. I saw the need to resign and give more time to business to grow and meet the demand of my customers.

My Business

As I have already said, I started my shoe business 2 years ago in Naivasha. I love my business and although there is a lot of competition, I keep my customers happy by giving them what they want. This business is good because you can't find a person going bear foot. The business helps me support my family financially.
The challenge am facing currently is lack of enough money to increase my stock and open a boutique within town with more varieties to meet the growing demand in the market and stop hawking in which I'll have more time for creativity and innovation in the business.

Loan Proposal

My Loan Proposal
Thanks lenders for being ready to support my loan application. I am really eager to watch my business increase and this will help me meet my dream of being the supplier of shoes for both sexes in future. After being funded I intend to use the loan to open a boutique within Naivasha town which is the central business district of Naivasha Sub-County. The population of this town has grown at very high speed thus making it a good place to do business. Am looking forward for your funding that I may be able to at least to meet the growing demand in the market. The wholesale price per shoe is $ 3.9. I would like to purchase 35 pairs of shoes at 136.5 dollars. Which I will later sell at5.85 dollars each giving me a profit of 1.95 dollars; this will attract a profit of 68.25 dollars .With no doubt my financial status will change because I will continue to increase more and more stock. These new stock will help me to meet the demand of my customers and be able to develop myself financially Please support me. Thank you!.

Feedback

None

None

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Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Jul 9, 2014

Repayment status

Late

Projected term

49 months

Lenders

T

Tmann

Los Angeles, United States

A

Anninymouse

Southampton, United Kingdom

R

RichardH

Manchester, United Kingdom

fairspirit

Utrecht, Netherlands

E

erlingre

Sør-Fron, Norway

Sarasota

Sarasota, Fl, United States

G

GreenMoney

Lahr, Germany

Matching Fund

Sterling, United States

Agerfar

Aarhus, Denmark

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Summary

Amount repaid

$139.64

Amount remaining

$27.24

Expected completion

Jul 21, 2018

Status

Repaying late

Installment amount

$1.16

Repayment History

Expected Payments Actual Payments
Jul 19, 2014 $3.21 Jul 19, 2014 $3.20
Jul 26, 2014 $0.01
Jul 26, 2014 $3.21 Jul 26, 2014 $3.19
Aug 2, 2014 $0.02
Aug 2, 2014 $3.21 Aug 2, 2014 $3.20
Aug 9, 2014 $0.01
Aug 9, 2014 $3.21 Aug 9, 2014 $3.20
Aug 16, 2014 $0.01
Aug 16, 2014 $3.21 Aug 16, 2014 $3.20
Aug 23, 2014 $0.01
Aug 23, 2014 $3.21 Aug 23, 2014 $3.20
Aug 30, 2014 $0.01
Aug 30, 2014 $3.21 Aug 30, 2014 $3.20
Sep 6, 2014 $0.01
Sep 6, 2014 $3.21 Sep 6, 2014 $3.20
Sep 13, 2014 $0.01
Sep 13, 2014 $3.21 Sep 13, 2014 $3.19
Sep 20, 2014 $0.02
Sep 20, 2014 $3.21 Sep 20, 2014 $3.17
Sep 27, 2014 $0.03
Sep 27, 2014 $3.21 Sep 27, 2014 $3.16
Oct 4, 2014 $0.05
Oct 4, 2014 $3.21 Oct 4, 2014 $3.15
Oct 11, 2014 $0.06
Oct 11, 2014 $3.21 Oct 11, 2014 $3.14
Oct 18, 2014 $0.07
Oct 18, 2014 $3.21 Oct 18, 2014 $3.13
Oct 25, 2014 $0.08
Oct 25, 2014 $3.21 Oct 25, 2014 $3.12
Nov 3, 2014 $0.09
Nov 1, 2014 $3.21 Nov 3, 2014 $3.10
Nov 8, 2014 $0.10
Nov 7, 2014 $3.21 Nov 8, 2014 $3.09
Nov 16, 2014 $0.12
Nov 14, 2014 $3.21 Nov 16, 2014 $3.08
Nov 23, 2014 $0.13
Nov 21, 2014 $3.21 Nov 23, 2014 $3.07
Nov 30, 2014 $0.14
Nov 28, 2014 $3.21 Nov 30, 2014 $3.06
Dec 8, 2014 $0.15
Dec 5, 2014 $3.21 Dec 8, 2014 $3.05
Dec 14, 2014 $0.16
Dec 12, 2014 $3.21 Dec 14, 2014 $3.03
Dec 20, 2014 $0.17
Dec 19, 2014 $3.21 Dec 20, 2014 $3.02
Dec 29, 2014 $0.19
Dec 26, 2014 $3.21 Dec 29, 2014 $3.01
Jan 11, 2015 $0.20
Jan 2, 2015 $3.21 Jan 11, 2015 $3.01
Jan 31, 2015 $0.20
Jan 9, 2015 $3.21 Jan 31, 2015 $3.01
Feb 7, 2015 $0.20
Jan 16, 2015 $3.21 Feb 7, 2015 $3.01
Feb 16, 2015 $0.20
Jan 23, 2015 $3.21 Feb 16, 2015 $3.01
Feb 28, 2015 $0.20
Jan 30, 2015 $3.21 Feb 28, 2015 $3.01
Mar 7, 2015 $0.20
Feb 6, 2015 $3.21 Mar 7, 2015 $3.01
Mar 14, 2015 $0.20
Feb 13, 2015 $3.21 Mar 14, 2015 $3.01
Mar 21, 2015 $0.20
Feb 20, 2015 $3.21 Mar 21, 2015 $3.01
Mar 29, 2015 $0.20
Feb 27, 2015 $3.21 Mar 29, 2015 $3.01
Apr 3, 2015 $0.20
Mar 6, 2015 $3.21 Apr 3, 2015 $3.01
Apr 12, 2015 $0.20
Mar 14, 2015 $3.21 Apr 12, 2015 $3.01
Apr 20, 2015 $0.20
Mar 21, 2015 $3.21 Apr 20, 2015 $3.01
Apr 25, 2015 $0.20
Mar 28, 2015 $3.21 Apr 25, 2015 $3.01
May 5, 2015 $0.20
Apr 4, 2015 $3.21 May 5, 2015 $3.01
May 17, 2015 $0.20
Apr 11, 2015 $3.21 May 17, 2015 $3.01
Jun 2, 2015 $0.20
Apr 18, 2015 $3.21 Jun 2, 2015 $3.01
Jun 9, 2015 $0.20
Apr 25, 2015 $3.21 Jun 9, 2015 $3.01
Dec 29, 2017 $0.20
May 2, 2015 $1.08 Dec 29, 2017 $0.97
Dec 29, 2017 $0.12
May 9, 2015 $0.00
May 16, 2015 $0.00
May 23, 2015 $0.00
May 30, 2015 $0.00
Jun 6, 2015 $0.00
Jun 13, 2015 $0.00
Jun 20, 2015 $0.00
Jun 27, 2015 $0.00
Jul 4, 2015 $0.00
Jul 11, 2015 $0.00
Jul 18, 2015 $0.00
Jul 25, 2015 $0.00
Aug 1, 2015 $0.00
Aug 8, 2015 $0.00
Aug 15, 2015 $0.00
Aug 22, 2015 $0.00
Aug 29, 2015 $0.00
Sep 5, 2015 $0.00
Sep 12, 2015 $0.00
Sep 19, 2015 $0.00
Sep 26, 2015 $0.00
Oct 3, 2015 $0.00
Oct 10, 2015 $0.00
Oct 17, 2015 $0.00
Oct 24, 2015 $0.00
Oct 31, 2015 $0.00
Nov 7, 2015 $0.00
Nov 14, 2015 $0.00
Nov 21, 2015 $0.00
Nov 28, 2015 $0.00
Dec 5, 2015 $0.00
Dec 12, 2015 $0.00
Dec 19, 2015 $0.00
Dec 26, 2015 $0.00
Jan 2, 2016 $0.00
Jan 9, 2016 $0.00
Jan 16, 2016 $0.00
Jan 23, 2016 $0.00
Jan 30, 2016 $0.00
Feb 6, 2016 $0.00
Feb 13, 2016 $0.00
Feb 20, 2016 $0.00
Feb 27, 2016 $0.00
Mar 5, 2016 $0.00
Mar 12, 2016 $0.00
Mar 19, 2016 $0.00
Mar 26, 2016 $0.00
Apr 2, 2016 $0.00
Apr 9, 2016 $0.00
Apr 16, 2016 $0.00
Apr 23, 2016 $0.00
Apr 30, 2016 $0.00
May 7, 2016 $0.00
May 14, 2016 $0.00
May 21, 2016 $0.00
May 28, 2016 $0.00
Jun 4, 2016 $0.00
Jun 11, 2016 $0.00
Jun 18, 2016 $0.00
Jun 25, 2016 $0.00
Jul 2, 2016 $0.00
Jul 9, 2016 $0.00
Jul 16, 2016 $0.00
Jul 23, 2016 $0.00
Jul 30, 2016 $0.00
Aug 6, 2016 $0.00
Aug 13, 2016 $0.00
Aug 20, 2016 $0.00
Aug 27, 2016 $0.00
Sep 3, 2016 $0.00
Sep 10, 2016 $0.00
Sep 17, 2016 $0.00
Sep 24, 2016 $0.00
Oct 1, 2016 $0.00
Oct 8, 2016 $0.00
Oct 15, 2016 $0.00
Oct 22, 2016 $0.00
Oct 29, 2016 $0.00
Nov 5, 2016 $0.00
Nov 12, 2016 $0.00
Nov 19, 2016 $0.00
Nov 26, 2016 $0.00
Dec 3, 2016 $0.00
Dec 10, 2016 $0.00
Dec 17, 2016 $0.00
Dec 24, 2016 $0.00
Dec 31, 2016 $0.00
Jan 7, 2017 $0.00
Jan 14, 2017 $0.00
Jan 21, 2017 $0.00
Jan 28, 2017 $0.00
Feb 4, 2017 $0.00
Feb 11, 2017 $0.00
Feb 18, 2017 $0.00
Feb 25, 2017 $0.00
Mar 4, 2017 $0.00
Mar 11, 2017 $0.00
Mar 18, 2017 $0.00
Mar 25, 2017 $0.00
Apr 1, 2017 $0.00
Apr 8, 2017 $0.00
Apr 15, 2017 $0.00
Apr 22, 2017 $0.00
Apr 29, 2017 $0.00
May 6, 2017 $0.00
May 13, 2017 $0.00
May 20, 2017 $0.00
May 27, 2017 $0.00
Jun 3, 2017 $0.00
Jun 10, 2017 $0.00
Jun 17, 2017 $0.00
Jun 24, 2017 $0.00
Jul 1, 2017 $0.00
Jul 8, 2017 $0.00
Jul 15, 2017 $0.00
Jul 22, 2017 $0.00
Jul 29, 2017 $0.00
Aug 5, 2017 $0.00
Aug 12, 2017 $0.00
Aug 19, 2017 $0.00
Aug 26, 2017 $0.00
Sep 2, 2017 $0.00
Sep 9, 2017 $0.00
Sep 16, 2017 $0.00
Sep 23, 2017 $0.00
Sep 30, 2017 $0.00
Oct 7, 2017 $0.00
Oct 14, 2017 $0.00
Oct 21, 2017 $0.00
Oct 28, 2017 $0.00
Nov 4, 2017 $0.00
Nov 11, 2017 $0.00
Nov 18, 2017 $0.00
Nov 25, 2017 $0.00
Dec 2, 2017 $0.00
Dec 9, 2017 $0.00
Dec 16, 2017 $0.00
Dec 23, 2017 $0.00
Dec 30, 2017 $1.16 Dec 29, 2017 $1.05
Jan 2, 2018 $0.12
Jan 6, 2018 $1.16 Jan 2, 2018 $1.16
Jan 13, 2018 $1.16 Jan 2, 2018 $1.16
Jan 20, 2018 $1.16 Jan 2, 2018 $1.16
Jan 27, 2018 $1.16 Jan 2, 2018 $1.16
Feb 3, 2018 $1.16 Jan 2, 2018 $1.05
Feb 10, 2018 $1.16
Feb 17, 2018 $1.16
Feb 24, 2018 $1.16
Mar 3, 2018 $1.16
Mar 10, 2018 $1.16
Mar 17, 2018 $1.16
Mar 24, 2018 $1.16
Mar 31, 2018 $1.16
Apr 7, 2018 $1.16
Apr 14, 2018 $1.16
Apr 21, 2018 $1.16
Apr 28, 2018 $1.16
May 5, 2018 $1.16
May 12, 2018 $1.16
May 19, 2018 $1.16
May 26, 2018 $1.16
Jun 2, 2018 $1.16
Jun 9, 2018 $1.16
Jun 16, 2018 $1.16
Jun 23, 2018 $1.16
Jun 30, 2018 $1.16
Jul 7, 2018 $1.16
Jul 14, 2018 $1.16
Jul 21, 2018 $0.50

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