To add more stock of shoes in my shoes shop

Lulii

Mombasa, Kenya

18% repaid

Entrepreneur

Name

Lulii

Member since

June 2014

On-time repayments

183 installments  •  34%

About Me

Hello,
My name is Samson Lulii Mwendwa, 23 years old young man. I believe that I am very hardworking and determined to achieve my many goals that I have set for myself to reach.
I completed my Secondary school back in 2011 and joined one research firm immediately because I could not join university because of some personal problems that "we" had in the family.
We are a family of six, four boys and 2 girls, myself been a third born. My elder brother and sister are both business people and I want to follow their footsteps.

I worked in that firm as a field interviewer for some time then later on I advised to CATI Center (Computer assisted Telephone Interview) for some months. Then later joined data entry department before opening my small shoes shop at a place called Ukunda-Mombasa (where I am currently).

My shoes shop was not doing as good as it should be so I opted to look for a soft loan, thanks to my friend who told me about zidisha.

My Business

I have a shoe shop at Ukunda that I am currently running and i want to boost it that's why i chose to borrow from zidisha. The shop is doing pretty well but it can do even better if it was fully and well stocked. I am very hopeful that this loan will boost my shop and with no time, i will be able to repay it and hopefully apply for a bigger one.
I also do online marketing which i enjoy a lot venturing in matrix and other online writing sites and programs.
I am prioritizing on ladies flat open and dolly shoes which are the most wore shoes here in Mombasa due to the hot weather. For every pair that i buy between $3.5-$5, I get not less than $3 profit with some even earning me even more than double of the buying price.
I use 70% profit to reinvest in the shop and the rest to pay my bills and for other personal use.
I hope and pray that Zidisha lasts and I will always do business with you.

Loan Proposal

Been in this business for more than 12 months now, I have learned so much in terms of expanding and planning for every sales I make, This amount will introduced some new in the market shoes which are in a very high demand especially in this area.
Buying prices should rage between $6-8 per pair and will hopefully give back two times as much.
I relocated my shop from the place it was (a little bit hidden) to a more open pace where currently we are getting really good returns and selling even more than we used to. This is one reason i had to again apply for another soft loan here.
With Gods help this loan will boost me to another step. Finally i want to thank my previous lenders and as always, I am never going to disappoint you.
God bless

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$268.00

Date disbursed

Jul 27, 2015

Repayment status

Late

Projected term

31 months

Other loans

Lenders

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

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Summary

Amount repaid

$49.48

Amount remaining

$230.57

Expected completion

Mar 4, 2018

Status

Repaying late

Installment amount

$2.06

Repayment History

Expected Payments Actual Payments
Aug 9, 2015 $3.09 Aug 10, 2015 $3.09
Aug 16, 2015 $3.09 Aug 16, 2015 $3.09
Aug 23, 2015 $3.09 Aug 17, 2015 $3.09
Aug 30, 2015 $3.09 Aug 30, 2015 $3.09
Sep 6, 2015 $3.09 Sep 7, 2015 $3.09
Sep 13, 2015 $3.09 Sep 7, 2015 $3.09
Sep 20, 2015 $3.09 Sep 20, 2015 $3.09
Sep 27, 2015 $3.09 Oct 12, 2015 $3.09
Oct 4, 2015 $3.09 Oct 18, 2015 $3.09
Oct 11, 2015 $3.09 Oct 18, 2015 $3.09
Oct 18, 2015 $3.09 Nov 24, 2015 $3.09
Oct 25, 2015 $3.09 Nov 24, 2015 $3.09
Nov 1, 2015 $0.00
Nov 8, 2015 $0.00
Nov 15, 2015 $0.00
Nov 22, 2015 $0.00
Nov 29, 2015 $0.00
Dec 6, 2015 $2.06 Dec 5, 2015 $2.06
Dec 13, 2015 $2.06 Dec 5, 2015 $2.06
Dec 20, 2015 $2.06 Dec 5, 2015 $2.06
Dec 27, 2015 $2.06 Jan 13, 2016 $2.06
Jan 3, 2016 $2.06 Jan 13, 2016 $2.06
Jan 10, 2016 $2.06 Jan 13, 2016 $2.06
Jan 17, 2016 $2.06
Jan 24, 2016 $2.06
Jan 31, 2016 $2.06
Feb 7, 2016 $2.06
Feb 14, 2016 $2.06
Feb 21, 2016 $2.06
Feb 28, 2016 $2.06
Mar 6, 2016 $2.06
Mar 13, 2016 $2.06
Mar 20, 2016 $2.06
Mar 27, 2016 $2.06
Apr 3, 2016 $2.06
Apr 10, 2016 $2.06
Apr 17, 2016 $2.06
Apr 24, 2016 $2.06
May 1, 2016 $2.06
May 8, 2016 $2.06
May 15, 2016 $2.06
May 22, 2016 $2.06
May 29, 2016 $2.06
Jun 5, 2016 $2.06
Jun 12, 2016 $2.06
Jun 19, 2016 $2.06
Jun 26, 2016 $2.06
Jul 3, 2016 $2.06
Jul 10, 2016 $2.06
Jul 17, 2016 $2.06
Jul 24, 2016 $2.06
Jul 31, 2016 $2.06
Aug 7, 2016 $2.06
Aug 14, 2016 $2.06
Aug 21, 2016 $2.06
Aug 28, 2016 $2.06
Sep 4, 2016 $2.06
Sep 11, 2016 $2.06
Sep 18, 2016 $2.06
Sep 25, 2016 $2.06
Oct 2, 2016 $2.06
Oct 9, 2016 $2.06
Oct 16, 2016 $2.06
Oct 23, 2016 $2.06
Oct 30, 2016 $2.06
Nov 6, 2016 $2.06
Nov 13, 2016 $2.06
Nov 20, 2016 $2.06
Nov 27, 2016 $2.06
Dec 4, 2016 $2.06
Dec 11, 2016 $2.06
Dec 18, 2016 $2.06
Dec 25, 2016 $2.06
Jan 1, 2017 $2.06
Jan 8, 2017 $2.06
Jan 15, 2017 $2.06
Jan 22, 2017 $2.06
Jan 29, 2017 $2.06
Feb 5, 2017 $2.06
Feb 12, 2017 $2.06
Feb 19, 2017 $2.06
Feb 26, 2017 $2.06
Mar 5, 2017 $2.06
Mar 12, 2017 $2.06
Mar 19, 2017 $2.06
Mar 26, 2017 $2.06
Apr 2, 2017 $2.06
Apr 9, 2017 $2.06
Apr 16, 2017 $2.06
Apr 23, 2017 $2.06
Apr 30, 2017 $2.06
May 7, 2017 $2.06
May 14, 2017 $2.06
May 21, 2017 $2.06
May 28, 2017 $2.06
Jun 4, 2017 $2.06
Jun 11, 2017 $2.06
Jun 18, 2017 $2.06
Jun 25, 2017 $2.06
Jul 2, 2017 $2.06
Jul 9, 2017 $2.06
Jul 16, 2017 $2.06
Jul 23, 2017 $2.06
Jul 30, 2017 $2.06
Aug 6, 2017 $2.06
Aug 13, 2017 $2.06
Aug 20, 2017 $2.06
Aug 27, 2017 $2.06
Sep 3, 2017 $2.06
Sep 10, 2017 $2.06
Sep 17, 2017 $2.06
Sep 24, 2017 $2.06
Oct 1, 2017 $2.06
Oct 8, 2017 $2.06
Oct 15, 2017 $2.06
Oct 22, 2017 $2.06
Oct 29, 2017 $2.06
Nov 5, 2017 $2.06
Nov 12, 2017 $2.06
Nov 19, 2017 $2.06
Nov 26, 2017 $2.06
Dec 3, 2017 $2.06
Dec 10, 2017 $2.06
Dec 17, 2017 $2.06
Dec 24, 2017 $2.06
Dec 31, 2017 $2.06
Jan 7, 2018 $2.06
Jan 14, 2018 $2.06
Jan 21, 2018 $2.06
Jan 28, 2018 $2.06
Feb 4, 2018 $2.06
Feb 11, 2018 $2.06
Feb 18, 2018 $2.06
Feb 25, 2018 $2.06
Mar 4, 2018 $1.70

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