Name
Regan
Member since
December 2018
On-time repayments
21 installments • 19%
My name is Regan Opere. I am a university graduate with a passion to make a difference in my community. I grew up watching most of the children in my village stopping school and getting married or getting into theft and other vices and this prompted me to come up with something that can engage the community and the country at large. I learned the art of shoemaking at an early age and I want to pass this down as a passion to assist my community members as well.
I train young men how to make shoes and then helping them set up their own workshops. The shoe industry is underexplored in Kenya and the larger African continent, especially, handcrafted shoes are not readily available to meet the market demand. from as little as $8 one is able to make a good shoe which sells at over $14.
Hopefully, from the profits, I will be able to plow back to the business and help the young youths have sources of income to support their families as well.
I want to train the young unemployed youth in my village the art of shoe crafting so that the community at large may benefit in terms of employment and that the youth may refrain from wrong habits that result from unemployment.
I will Add my saved amount of $120 to the loan of $15 to purchase the following:
protective gear especially uniforms worth $100
10 cobblers pliers worth $15,
nose masks and gloves worth $5
And the training feeding for a week of $15.
The success of the first trainees will create the first step of mentorship and the trainees will be able to start earning their first income from the second week.
Within the next three weeks, the business will be able to make more shoes at profitable margins and the profits will be used to train more youth in my village to be fully self-reliant.
Positive
2
Neutral
None
Negative
None
Project Type
Classic Loan
Disbursed amount
$15.00
Date disbursed
Jan 9, 2019
Repayment status
On Time
Projected term
1 week
Other loans
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Margaret Mar 2, 2019
Stefan Sintke Feb 18, 2019
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