Shoes purchase and sale to my community

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 add up my second hand shoes. A pair costs $7 and I will manage to purchase more than ten pairs which will total up my profit upto 70% profit. I will sell a pair at a cost of $8 and since the shoes are always on demand, I will sell them to my community and they will benefit from my services.
I will use the profits to repay my loan on time as usual, expand my business and also pay for my business insuarance

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