Purchase bale of shoes for my secondhand shoe business

Tabitha Mulwa

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Tabitha Mulwa

Member since

May 2015

On-time repayments

114 installments  •  33%

About Me

I am 32 years old and a mother of 3 children- a girl and 2 boys. i am the third born in a family of six. i attended school up to form two but had to drop out due to school fees issues. my father had just been retrenched. i attended some hair dressing classes with the help of my uncle but again didn't finish the course. i started working in a salon of my friend and by 2003 i got married. from then i have been doing small businesses like selling clothes, shoes, and even vegetables. but from year 2009 i started shoes business which i am in to date.
i love my children and their father. i would like to educate them up to university level so that they become better people in the society.

My Business

i am dealing with second hand shoes which i sell to people who sell to places like estates, town etc. they are in demand since the prices and quality are better compared to the new shoes. i chose this business for some reasons; one that the time of operation is from 6am to around noon. this gives me time to get home early enough to be with my children. two it a cash business. my customer always come with cash to purchase. no credit.three profit margins are good though sometimes i incur losses depending on the quality of the shoes.
the costs vary from 4500/- shillings to even15000/-. this costs depend on the qualityof the shoes.
i use my profits in buying clothes for my children, buying food and investing in other areas for the future of my children. also i use the same to boost my business.

Loan Proposal

i want to use the loan to buy an extra bale of shoes to increase my stock. this will cost about usd 100. this will increase my income hence be able to meet most of my family demands. i expect my profits to increase by atleast 15% in a week.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jun 3, 2015

Repayment status

On Time

Projected term

3 months

Lenders

D

drjofleming

UK, United Kingdom

F

Fiodal

Helsinki, Finland

S

sirius

Lauterach, Austria

D

djhenk

Amsterdam, Netherlands

O

oasis

Boise, United States

C

cjmenchaca

Austin, United States

B

blahblah

Nuernberg, Germany

beverly

Vancouver, Canada

CharlieBfl

Vaduz, Liechtenstein

J

jjonas

berlin, Germany

indeh

London, United Kingdom

Quentin

Toronto, Canada

H

HildeK

Rogaland, Norway

Erica

Caledon, Canada

B

bopsquod

Seattle, Wa, United States

kickerofelves

Sao Paulo, Brazil

R

rpmccarthy

Sydney, Australia

borscht

Golden, United States

B

bugsheep

Houston, United States

R

randy98109

Seattle, United States

O

Orenius

Tacoma, United States

doflynn

Dublin, Ireland

Vintagebeeinc

Youngsville NC, United States

L

leeirel

Edmonton, Canada

basicus

Cairo, Egypt

D

DaveH

Folsom, United States

S

sersche

Zurich, Switzerland

JC

Jordi Cohen

New York, NY, United States

A

Anette

Uppsala, Sweden

Z

zhihanchew1234

Tampin, Malaysia

K

kikusin

Shanghai, China

mithril

Prague, Czech Republic

K

KnutG

Bergen, Norway

M

Morgue

Brighton, United Kingdom

B

BassFamily

Tremonton, United States

T

Travtroe

Lanesboro, United States

BF

Bob Fitzjohn

Fontvielle, Monaco, Yemen

GarmdGriek

Oslo, Norway

Z

ZacJ89

RIverside, United States

U

Ubun2

London, United Kingdom

P

paul74

Chichester, United Kingdom

G

granite

Stanford, United States

ThomasJosef

Berlin, Germany

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