To buy more shoe stock to sell in this holiday season

Hellen

Kaloleni, Kenya

3% repaid

Entrepreneur

Name

Hellen

Member since

September 2014

On-time repayments

103 installments  •  4%

About Me

Am a lady i live in Mombasa area with my family, single at the moment, am self employed,i own a small shop selling second hand shoes,i have interest in fashion and i try to sale unique but affordable shoes both for ladies and men shoes. At my free time i love swimming and taking walks. My goals is one day i may own a boutique.If i am lucky to get this loan i will use it to add on more shoe stock to sell in this holiday season.

My Business

If i get the loan,i will repay it through my business income,i believe my income will be sufficient to sustain me,save and also repay the loan.Selling second hand shoes is on demand because the shoes are unique and affordable,many people prefer them a lot,the new shoes are expensive and they tend to be of the same type. I get the shoes cheaper and i get to sale them at a good price hence getting a good profit,per month my costs are ksh.1500 per month for monthly rent and Ksh.2000 per year for business permit. I get around ksh 5000 per month as profit.

Loan Proposal

I believe if i get to add more shoe stock i will be able to sell more shoes and i will get more profit, the loan will cover the cost of acquiring new shoe stock. Kindly support me with the loan so i can be able to save enough money so that i can grow my business.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Nov 25, 2014

Repayment status

Late

Projected term

24 months

Lenders

Franmiguel

Perth, Australia

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