Material for making leather sandals

Faith

Mombasa, Kenya

100% repaid

Entrepreneur

Name

Faith

Member since

September 2014

On-time repayments

40 installments  •  75%

About Me

Am a 1st born in a family of 3 children where by father and mother are retired.I finished my primary and secondary school then was taking ABE UK studies in Kenya where by I failed to pay my school fees so I started learning bead work like making handbags hearings necklaces and flowers for making leather shoes (Maasai shoes) so that I will be able to afford paying my school fees and open my own company for East Africa Culture products.
I like traveling and learning new things,swimming and watching movies.

My Business

Dear lenders,

This year i open another business which is shop for home staffs and materials for making Maasai sandals and accessories (beads,fishing line and twine ropes). Thanks God i got a suitable place where by i can manage to make sales of 45 to 85usd per day that is a total sales of beads, fishing lines fishing twin and other home use staffs.

Loan Proposal

As i got an order for the leather sandals i will use the loan to buy materials (leather,beads,gum,sole etc) and pay for labour.Cost for making 1pair of a sandal is 6usd so i will manage to get 31pairs from the loan and last loan profit(60usd)
In this order because is a wholesale i will generate profit of 3usd each.
I expect to get profit of 93usd.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$132.00

Date disbursed

Mar 6, 2017

Repayment status

On Time

Projected term

7 weeks

Lenders

Paul Buchheit

Mountain View, United States

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