Purchase more shoes for my business

Entrepreneur

About Me

My name is Eunice mueni. I was born in machakos as an only child then later my parents moved to kiambu where I stay now.
I went to Kikuyu day high school and after completion, I started to help my parents at their shoes and sandals shop.
Since they are my role models, the little token I got from helping them, I opened a lock account with my local bank where I did save.
I then began buying second hand shoes and then selling them back to the community at an affordable price.
The profits that I'm getting are helping me to buy more and also expanding my business.
The people around me are business persons and I love cooking, reading business magazines and books.

My Business

I buy my second shoes at a the capital city of Kenya, Nairobi at a cheap price of $5 a pair and I sell them at a range of $8_ $12 a pair and from there I make my profits.
The goods are in great demand since most of the people cannot afford to buy the expensive shoes and through my business they dress to please.
I chose this business since it gives me profit and I have a passion of it and it helps me take care of my self and also pay my bills.
I am not yet married but am engaged so I got no children yet.
I intend to use my profits to extend my business, save some profits and also save for my children.

Loan Proposal

I will use the loan I will receive from zidisha to buy more second hand shoes and sell them back to the community at a good and affordable price.
I will purchase a pair at a cost of $5 and sell at a cost of $10.
So I'll be making a 50% profit from each pair.
I will gain profits to expand my business and also repay back my loan on time.
To others, since most of them cannot afford to buy expensive shoes, I will have made them get cheap, affordable, and good looking shoes at a cheap cost.
I will use my profits to expand my business and also save as I repay back my loan as well as paying my bills.

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