Name
Peter
Member since
September 2014
On-time repayments
41 installments • 24%
My name is Peter Muigai Ndirangu. I am a married man with two children, two sons. My family and I live in Miti Mingi, Kahuho area, my parents too live in Miti Mingi. My education is up to Secondary School, up to form 4. As a young man, despite lack of Jobs in my country Kenya, I decide to go to a short training where i learnt how to mend shoes and to assemble new ones. I decided to start my small shoe repair shop where i dealt with mending old shoes for local people and especislly schooling children and other common people. I advanced and now i am able to bring new shoes which i combine with my assembled shoes and shoe repairing to earn a living. I am able to make good profit because in a month i can get up to 18000 shillings. I like reading Bible and other related books when i am free.
My business is located in Miti Mingi shopping Centre. It involves mending old shoes for local people (shoe repair). I also buy leather rolls which i use to cut out and assemble new shoes which i sell at a slightly cheaper price than new shoe dealers in Miti mingi and the area around. My customers are not only from Miti mingi village but from neighbouring villages such as Kianjoya, Mugaa, Game, Mahiga and Bagaria. I mostly use the profit i get to support my family for their upkeep and school. I also support my parents whenever necessary. I am confident about being a successful shoe dealer because this business has the assurance that people will never stop buying and using shoes.
Hi zidisha. I am very glad to have joined zidisha. My business involves mending old shoes and making new ones from leather. Recently, I was able to buy a leather sewing machine which I intend to use to prepare leather into new shoes. This loan application of 100 dollars will help me to buy two rolls of leather around 47 dollars each. these two rolls will help me mend 22 pairs of shoes depending on the size of the shoes. There will be additional costs of new soles to fit the shoes and I am sure I will make a profit of 5 dollars per pair of shoes. Especially during this december month when market is really good, i am sure i will make good profit even more than this estimate. I request zidisha lenders to fund this loan and I am sure they will greatly improve my life. Thanks to zidisha community.
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Project Type
Classic Loan
Disbursed amount
$100.00
Date disbursed
Nov 24, 2014
Repayment status
Late
Projected term
9 months
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