Shoes and clothing for a boutique shop

Samuel

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Samuel

Member since

April 2015

On-time repayments

19 installments  •  32%

About Me

I come from a poor family.I learnt to save as I was growing up. I started a small business two years ago. and its growing.in my country people love fashion.during my free time I love socializing with people trying to get some ideas about other businesses. Apart from that I also love traveling in different places across the world.I would like to become a good entrepreneur.

My Business

I sell shoes n clothes for both men n women.I chose this kind of business because people go with fashion .I make at least 30,000ksh a week that is 550$. my monthly typical cost and revenue is 40,000 ksh that is 650$. I use for my family up keep. I would like my kids to have a good life so that they can be able depend on themselves.i sell suits for both men and women at ranging price of 90 to 100 U.S dollars. shoes for both men and women go for 50 to 75 U.S dollars.if i get a loan, i will add kids wear.

Loan Proposal

I will use the money to buy shoes for kids at price of 30$ and clothes for kids at price of 20$ and make a profit of 34$.on these particular items .so my monthly profit will rise to 600$.with that I can be able to add more clothes and shoes.with this kind of profit I can be able to open another shop elsewhere. And create more wealth .

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$50.00

Date disbursed

May 25, 2015

Repayment status

On Time

Projected term

6 weeks

Other loans

Lenders

SeeMeeFi

Ontario, Canada

fairspirit

Utrecht, Netherlands

O

OrientExpress

Tokyo, Japan

mepster

San Francisco, Ca, United States

BB

Ben Bellows

United States

Jeff Martin

Twin Lake, Michigan, United States

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