Shoes inventory for new business

Mark Gitakaya

Rongai, Kenya, Kenya

100% repaid

Entrepreneur

Name

Mark Gitakaya

Location

Rongai, Kenya, Kenya

On-time repayments

59 weekly installments  •  95%

About Me

As a child I lived in Naivasha, Kenya , awesome place. I was an adventurous kid and would take long walks to the hilly areas of Naivasha to get wild fruits. In college I studied accounting and in University I did a business degree with IT.

The last semester of my University was pretty hard, my parents were broke and I didn't have a source of income, that's when I began doing online jobs and got money to clear the school fee and have been freelancing online ever since.

Kenya is a beautiful country, with beautiful people, although sometimes people seem not to appreciate this. But as a people we are very hospitable.

I would like my children to be happy when they grow up; whatever path they choose as long as it's legal I'll support them be it music, engineering or whatever. I would also like them to add value to the world :).

In my past time I enjoy listening to music, my taste is diverse so I enjoy most genres of music; sometimes I read lyrics at genius.com .

That's me in a nutshell :).

My Business

I'm a freelancing front-end developer, so my job is to make sure that web users have a pleasant experience when using a website or a web application.

My services are important since the internet is used daily by almost everybody; I love the web too.

I chose this line of business since I am good at it and for the love I have for the internet.

My typical costs are internet charges=-£5,
, a good Performance PC=£120,
quality screen and software which can be around 120 dollars per month excluding the laptop and screen; revenues vary but generally amount is 300 dollars per month.
Currently i have 70 dollars and the loan from zidisha will boost my business in terms of tools acquisition.
The profits I invest back to improve the business and acquiring more skill; the rest I pay off rent and travelling expenses and other living expenses, sometimes I am lucky and get to save some :) .

Loan Proposal

Hi everyone, I would like to start selling shoes, I have been saving up and I know it will be a good business. I want to specialize in canvas shoes. A great friend of mine is in China and he has said he could get me a pair for $2, which I could sell here locally for $5 to $10, thus I can make a profit of an average of $5.

This will provide people with cheaply affordable footwear and also improve my standard of living.

I am seeing myself breaking even in about 4 months and the good thing is that I will not have liquidity issues since many people here like canvas shoes for their affordability, hence clearing this loan will not be a problem.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$425.60

Date disbursed

Aug 9, 2017

Repayment status

On Time

Projected term

16 months

Cost to entrepreneur

Service fee: 5% of $425.60 = $19.08

Credit risk payment: $38.18

Lenders

C

Christian

Saarbruecken, Germany

M

Meckel

Boulder, United States

ErikN

Stockholm, Sweden

Pere

Barcelona, Spain

BJ

Brandon Joz

North Carolina, United States

S

SelvaMarcus

Green Cove Springs, United States

J

jared4

parowan, United States

Cloudways

Malta, Malta

A

Austrian

Graz, Austria

G

Goodwill

Oakland, United States

ads68

Melbourne, Australia

Andreas Kiss

Vienna, Austria, Austria

A

Andy

Berlin, United States

L

LindsayB

Sydney, Australia

Z

zedoud

Hamburg, Germany

Immanuel

Darwin, Australia

isabelv

Barcelona, Spain, Sweden

gseletko

South Perth, Australia

P

Pavane

Kungsbacka, Sweden

ibc123

Seattle, United States

Evan Lamos

Brussels, Belgium

MalcolmL

San Francisco, United States

chriseyre

Fremont, Ca, United States

W

wesbh89

United States

Grant Xavier Storer

Seattle, Wa, United States

S

satheajay

United States

SV

sven vdk

Twickenham, United Kingdom

C

Crainster

Chapel Hill, United States

PolarBearCapital

United States

P

pnrjulius

United States

SuperMario28

Cudahy, United States

Mike and Jacqui

United Kingdom

S

Stephan

Netherlands

M

Marcus86257

United States

A

AER

Germany

Dave Bogard

New York, United States

Lukas Petereit

Frankfurt, Germany

MW

Matt Willis

United States

W

Wade

United States

BS

Bruno Silva

United States

EB

Erica Brescia

United States

Pedro R-C

Cambridge, United States

Martin Nielsen

Aarhus, Denmark

PG

Paul Graham

United States

T

Tom

United States

V

Vidar

Oslo, Norway

RC

Rudi Chen

United States

WL

William Lisa

United States

J

Jo

United States

I

ixeldog

atlanta, United States

SA

Shar Alamdari

Los Angeles, United States

A

Auguste

Switzerland

L

Lucy

Australia

Craig Newmark

United States

Benjamin Kniaz

Boston, United States

MO

Mark Owens

United States

SH

Stephanie He

United States

WS

Warren Shen

United States

Humble Bundle Community

San Francisco, United States

Gerrit

Palm Harbor, FL, United States

BE

Bob Ewing

United States

R

Ryan

Albuquerque, NM, United States

RG

Ryan Gough

United States

L

Lastoni

United States

D

Dalton

San Francisco, United States

NG

Nathan Grey

United States

GS

Gary Sinard

Franklin, TN, United States

EC

Edward Conrads

San Francisco, United States

Heather

Taree, NSW, Australia

S

seahillpark

United States

R

RMIM

United States

Mike

Indianapolis, United States

DW

Dan Winetsky

United States

Paul Buchheit

Mountain View, United States

S

Sandi

Ocean Shores, Australia

Sean Richards

Wilmette, United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

MM

Mark Moran

United Kingdom

SS

Sam Smith

United States

M

Mia

United States

JT

Joanne Thompson

United Kingdom

K

Khoa

United States

J

JB

Germany

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