Shoes for my shop

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 to buy extra shoes for my shop since there's a high demand . I will buy 10 pairs of sneakers and 20 of leather shoes. A pair of sneakers costs $10 and of leather at $20. I will have to add my loan to my savings and buy the shoes. I expect a 45% profit increase. I will use the profits to repay my loan on time as well as paying for my work insurance.
I will also help the young youth learn the way up of being an entrepreneur and help them focus on their future by getting the knowledge of self employement.

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Loan Info

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