Entrepreneur
Name
Simon
Member since
April 2017
On-time repayments
125 installments • 74%
About Me
My name is Simon Mwendwa. I am a young man doing business in Mombasa city where I relocated from my rural home of Makueni county shortly after finishing my secondary school education.
I got into this business because I am a very enterprising person who desires to go to great heights in business world. I love traveling and meeting new people.
I am currently single but hope to settle for marriage in a few years to come.
My Business
My business entails selling of all types of shoes. I source my stock from the capital city of Kenya - Nairobi where they are sold at an cheaper price. I occasionally buy some from big stores in Mombasa when not buying in large quantities.
I sell about 15 pairs of shoes per week were I make a profit of $80 from the sales. I use this money to grow my business as well as for my upkeep. I hope to expand my business in the next few years so as to be able to serve more clients and get more income from it.
Loan Proposal
I made good sales in the months of January and February. I sold shoes to school children who were starting their academic year. I now need to increase my stock after selling most of.
Money from this loan and the money I made will be enough to buy a good stock of shoes which will drive the sales upwards. I hope to keep growing with Zidisha since the market is big.
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Loan Info
Project Type
Classic Loan
Disbursed amount
$80.00
Date disbursed
Mar 3, 2018
Repayment status
Late
Projected term
19 months
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