More leather for shoemaking business

Fredrick Omudho

Eldoret, Kenya

100% repaid

Entrepreneur

Name

Fredrick Omudho

Member since

June 2015

On-time repayments

290 installments  •  69%

About Me

Am called Fredrick Omudho ,I was born in the year 1969 in Siaya County .
I attended Primary School between 1980 to 1989 in Segere Primary School,
And due to great poverty level with my parent I did not attend secondary School at all.
I work hard for people in the village as a casual labourer for two years and I earned some little money that I saved to pay for my course of shoe making .
Am married to one wife and blessed with six children ,two boys and four girls.
After I completed my shoe making course I started it in a small way with a capital of 5,000/=Kshs that is back 1994 in Eldoret City.
My culture is that every male Child or boy is expected to marry more than one wife and many children which I refused and that is why I was rejected at home.
My children want to be come a Doctor ,a teacher,A Pastor,and the rest want to become Business men
My hobby at my free time is to study the Bible and browsing the internet and sports.

My Business

I provide New shoes for and also mends old shoes for students ,Children and all categories of people.
This is very useful because there are very industries dealing with kind of commodities in this region and even in the entire nation of Kenya,
and there a big number of student joining school every year in this city of Eldoret.
I chose this kind of Business because I trained on this field and I understand all challenges as regard the Business
My typical cost and revenue is 95,000/=Kshs,
I Use my profit as follows
1.School fess for my children 50,000/=Ksh
3.Reinvestment in growing the Business is 10,000/=Kshs
4.Home improvement is 13,000/=Kshs
My old mother village5,000/=Kshs

Loan Proposal

When I am given this loan amount, then I will buy shoemaking leather, 350 square feet at $550 US dollars.

This will make my work very easy, for I will not [want] for the materials every now and then; therefore, I will concentrate on the work at all times, and from now on many more workers will be also be employed in this business workshop.

When I am given this loan amount and it is implemented according to my plan, then I expect this business to grow at 60% this time and next time all the more. Thanks in advance for lending me again, long live Zidisha.

My Videos

Jul 3, 2021: Fredrick zidisha loan testimony

Show original English  

About Me

Am called Fredrick Omudho ,I was born in the year 1969 in Siaya County .
I attended Primary School between 1980 to 1989 in Segere Primary School,
And due to great poverty level with my parent I did not attend secondary School at all.
I work hard for people in the village as a casual labourer for two years and I earned some little money that I saved to pay for my course of shoe making .
Am married to one wife and blessed with six children ,two boys and four girls.
After I completed my shoe making course I started it in a small way with a capital of 5,000/=Kshs that is back 1994 in Eldoret City.
My culture is that every male Child or boy is expected to marry more than one wife and many children which I refused and that is why I was rejected at home.
My children want to be come a Doctor ,a teacher,A Pastor,and the rest want to become Business men
My hobby at my free time is to study the Bible and browsing the internet and sports.

My Business

I provide New shoes for and also mends old shoes for students ,Children and all categories of people.
This is very useful because there are very industries dealing with kind of commodities in this region and even in the entire nation of Kenya,
and there a big number of student joining school every year in this city of Eldoret.
I chose this kind of Business because I trained on this field and I understand all challenges as regard the Business
My typical cost and revenue is 95,000/=Kshs,
I Use my profit as follows
1.School fess for my children 50,000/=Ksh
3.Reinvestment in growing the Business is 10,000/=Kshs
4.Home improvement is 13,000/=Kshs
My old mother village5,000/=Kshs

Loan Proposal

When am given this loan amount then I will buy shoe making leather 350squire feet at 550 US Dollars.
This will make my work very easy for I will not for the materials every now and then therefore I will concentrate on the work at all times and from now on many more workers will be also be employed in this business workshop .

When am given this loan amount and it is implemented according to my plan then I expect this business to grow at 60% this and next time the more.
Thanks in advance for lending me again,
Long live Zidisha

Feedback

2

None

None

  • nicole    Aug 6, 2020

    My second loan to Fredrick - still recommended! I hope your business continues to do well!

    Log in to reply • Share
  • nicole    Jul 9, 2017

    Fredrick paid FAR ahead of schedule. I would happily lend to him again!!

    Log in to reply • Share
    • Fredrick Omudho    Aug 5, 2020

      Hi Nicole how are doing,l hope you are doing good. Thanks allot for lending me fund to expand my business in July 2017 now my business is doing good soon I will clear my loan and am requesting you to support me again may God bless you richly and zidisha team.
      Thank you,
      Best regards,
      Fredrick Ouma omudho.

      Log in to reply • Share


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Loan Info

Project Type

Classic Loan

Disbursed amount

$573.68

Date disbursed

Jul 18, 2017

Repayment status

On Time

Projected term

41 months

Cost to entrepreneur

Service fee: $24.12

Lenders

BelleStarr

Albuquerque, United States

cyrus0302

San Francisco, United States

nicole

Worcester, Ma, United States

ErikN

Stockholm, Sweden

J

JNale

Reedsville, PA, United States

indeh

London, United Kingdom

ads68

Melbourne, Australia

D

Dettmann1

Atlanta, United States

Christopher

Copenhagen, Denmark

R

ram1919

San Jose, United States

D

Dietrich

Pittsburgh, United States

Jamesaubrey

Norman, United States

TomF925

www.AfricaLeap.com, United States

sderickson

Berkeley, CA, United States

D

DandS

United States

N

Nicolaas

Doha, Qatar

F

Foster

United Kingdom

Mike and Jacqui

United Kingdom

HL

Holly Laird

Austin, United States

MW

Matt Willis

United States

Kate Courteau

United States

NH

N Holt

United States

YM

Yelka Mikolji

United States

Corina King

Calgary, Canada

PG

Paul Graham

United States

Geoffrey Gibbons

Broadview Heights, United States

A

Andrei

United States

Cliff

United States

Lily

Australia

RG

Ravi Gadad

United States

JA

Jan Andresen

Hamburg, Germany

Craig Newmark

United States

The Zinc Team

San Francisco, United States

Humble Bundle Community

San Francisco, United States

C

CaroH

Germany

Katie

United States

GS

Gary Sinard

Franklin, TN, United States

M

Margaret

United States

A

Anonymous

United States

A

Anonymous

United States

CN

Craig Newmark

United States

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

A

Anonymous

United States

Jeff

The Colony, Texas, United States

sbdoc

Reno, United States

KP

Keith Penrod

United States

CJ

Clarissa joshua

United Kingdom

P

Paul

Germany

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