Start a business selling second-hand shoes

Peter

Naromoru, Kenya

100% repaid

Entrepreneur

Name

Peter

Member since

September 2017

On-time repayments

64 installments  •  84%

About Me

My name is Peter Gatundu.I like environment conservation.My goals is is to start affordable solar water heater project and indigenous tree nursery.I have three boys.First born would like to be a pilot. Second born would like to join military.

My Business

I have second hand shoes business.I buy them from Nairobi and sell them in Nanyuki town.On an average I make about 800 shillings a day.I also do taxi work when shoes business I down.I grow my most of the food in my farm and the extra I sell them in Naromoru And Nanyuki town.So this adds 500 shillings to my daily earnings.

Loan Proposal

Buy forty pairs of second hand shoes each at 2.00 dollars.I do have like seventy dollars.I will use the 14 dollars loan make it enough to buy the 40 pairs.Each pair of second hand shoes will be sold at 2.80 dollars.this will translate into 0.80 USD profit.I will keep adding more stock to increase the profit.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$16.00

Date disbursed

Oct 4, 2017

Repayment status

On Time

Projected term

3 weeks

Lenders

Mike and Jacqui

United Kingdom

S

Staf

Humbeek, Belgium

PG

Paul Graham

United States

John Minges

United States

Craig Newmark

United States

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Peter a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...