Setting up a ladies shoes kiosk

Shadrack

Zimmerman, Kenya

100% repaid

Entrepreneur

Name

Shadrack

Member since

June 2014

On-time repayments

107 installments  •  33%

About Me

Am 29 years of age.I hail from Mathira division in Nyeri county.I completed my education at Jodan college in 2007 where i graduated with a diploma in 'Sales and marketing'.Thereafter i joined the 'Blueshield insurance company as a sales executive until 2009.In mid 2009 i ventured into my personal business of direct sales in mobile phones accesories[like batteries,chargers,lines,powerbanks,housings,cardreaders,memorycards etc]upto date.Being in this business for a couple of years i would say it pays since i have been relying in it as my source of income.I also have in mind to own a chain of businessess for instance selling dolly shoes for ladies which is in high demand.I usually visit the childrens home during my leisure time and also adventuring in various game parks.While visiting childrens home i usually carry clothings,blankets,baby toys,bathing soaps and foodstuffs to motivate the kids and keep a good relation with the society.I at times volunteer by sponsoring 2 best candidates by paying trips to various orphanages or museums

My Business

I operate my own business that deals with mobile phone accessories like batteries,housings,chargers,memorycards,flash disks,cardreaders and some selected electronics.In this case i usually distribute the products to their destined places of work which is approximately 250 kilometers from Nairobi town.Most of my customers do prefer my business in that they don't count the cost of getting the products in town plus time consumed because all this is waived since i bring the products to their doorstep.By doing this i gain a rise in number of customers and their trust in my business.Although there are challenges culminating while doing this business like rise in price of the products,i always make them aware of the changes of the products in time to avoid inconveniencies.Being in this business for the last 5 years,i would say it fetches good income because i pocket approximately 25 dollars in a good day and approximately 15 dollars when the market is low.

Loan Proposal

Having been into this business of selling ladies shoes for about half an year,i would say that the business has been picking in that i managed to increase the stock from the one i bought using the loan.I am very sure by setting a kiosk i'll add an increase in sales in that as i hawk some the rest will be available in the shop.I am hereby appealing to the lenders to fund my loan application and promise to pay on time.Thank you and may God bless you all.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$147.00

Date disbursed

Nov 26, 2014

Repayment status

On Time

Projected term

7 months

Lenders

investor

Candiac, Canada

lorrymac

Killough, United Kingdom

T

Tec69200

Jacksonville, United States

F

faical

Cologne, Germany

BethaniK

Washington, United States

Cricketca

San Jose, United States

jan73

Eugene, United States

Kristrun Tinna

Reykjavik, Iceland

D

DogFort1

Sydney, Australia

Evan Lamos

Brussels, Belgium

L

lobotommy

OSLO, Norway

Kamil

Lidzbark Warminski, Poland

M

Michi

Switzerland

joshuacollinson

Vienna, Austria

C

CSM

Berlin, Germany

A

adam

United Kingdom

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