Money to add stock in my shoes business

Samuel

Kahawa Wendani, Kenya

16% repaid

Follow Samuel How it Works

Entrepreneur

Name

Samuel

Member since

February 2015

On-time repayments

100 installments  •  13%

About Me

my name is Samuel Kiarie born and bred in Nairobi to a retied army officer and small scale farmer mother, am the first born son in a family of four,three girls and one boy, am married and have one daughter. i attended Kenyatta university primary school and later joined Baricho high school for my secondary education, i joined Parapet college and trained as a housekeeper but i have not secured formal employment and currently am engaged in selling secondhand shoes and would like to expand my business but am constrained by lack of finances due to the bureaucratic process of getting finance in Kenya

My Business

Am a small scale trader where am engaged in the business of selling secondhand shoes mainly ladies shoes, my business is located in Kiwanja shopping center and my clients are mostly university students,these second hand shoes i normally source from Gikomba market which is the biggest market in east and central Africa and currently i buy the shoes from traders who buy bales and sell to small scale traders like me but i would like to buy my own bale in order to increase my profit margin and offer employment to others

Loan Proposal

I intend to use the loan to increase my stock by buying a bale of shoes which has more shoes and i will get a discount because of buying in bulk hence increase my profit and satisfy my clients with a wide variety to choose from. Currently i need 15000 shillings and if the proposal is successful i will be able to save more and be able to repay the loan.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Feb 23, 2015

Repayment status

Late

Projected term

23 months

Lenders

P

Philippe

Adliswil, Switzerland

F

Frenchie

Johannesburg, United Arab Emirates

E

ewaters1

Australia

J

jlhardes

United States

M

mkoepl

Austria

E

expatri

United States

M

Moesmann

Denmark

mepster

San Francisco, Ca, United States

L

Linda

United States

J

JimBaer

United States

Q

qeorge

United States

D

Dowdin

United Kingdom

chriseyre

Fremont, Ca, United States

M

Mikat

United States

H

hedyeyre

United States

E

EvergreenBob49

United States

G

GMB2014

United States

O

OzMonkey

Australia

Kmc138

United States

S

simonthompson99

United Kingdom

S

Sophia20450

United States

AndrewNeu

Ho Chi Minh, Vietnam

B

Boswags

United States

P

PKBitchGirl

Ireland

I

ingiwium

Sweden

M

MikeP

United States

N

NorCalLender

United States

A

araali

United States

M

Mkaput926

United States

J

JonAlec

United States

D

Desteli

United States

K

kevcoo

Ireland

S

spaceandthyme

United States

C

cyberangel

United States

P

pfeng

United States

S

Schmoass

Germany

S

Steveinvestment87

Vietnam

Grant Xavier Storer

Seattle, Wa, United States

D

dabatate

Saarbrücken, Saarland, Germany

JG

Jake Gibson and Beverly Picardo

San Francisco, United States

Ask Samuel a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

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  • Isaiah    Oct 27, 2015

    Hi Lenders

    I have talked to Mary Ngure (Family Member) and she promised to follow up with Kiarie as his phone is not getting through.

    Log in to reply • Share

  • Isaiah    Aug 31, 2015

    Hello Lenders,

    I have talked to kiarie and promised to settle the amount in two weeks time.

    Thanks
    Isaiah

    Log in to reply • Share

  • Isaiah    Jul 19, 2015

    Hi Lenders,

    I have talked to Samuel and he promised to pay something this week.

    Thanks

    Log in to reply • Share

  • Isaiah    Jun 13, 2015

    Hi Lenders,

    Samuel has promised to make a payment tomorrow.

    Thanks
    Isaiah

    Log in to reply • Share

  • Japheth    May 18, 2015

    dear lenders.... i would like to appeal to you to please help me fund my loan..am only remaining with 4 days before it expires. so far i have managed to raise $60 of the $535 i need...my record with the two previouse loan is impressive having managed to pay 100% of all my installments on time. As such you can trust me.

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  • Japheth    May 18, 2015

    hallo samuel...please allow me to use your profile to appeal to lenders help me fund my loan

    Log in to reply • Share

  • Isaiah    May 9, 2015

    Hi Lenders,

    Samuel has promised to clear the arrears today or tomorrow.

    Thanks
    Isaiah

    Log in to reply • Share

  • Samuel    Mar 20, 2015

    The main reason is that my customers are college students and they depend on their gaurdians to send them money for upkeep and it is normally sent during the end of month. My investment is bearing fruit as am now able to offer a wide variety to my customers hence cater to their individual tastes and styles and am also planning to start another small branch targeting consistent customers like the employed.

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  • Samuel    Feb 23, 2015

    Am indeed thankful to zidisha community for helping me get the 100% loan fuding I promise to do my best and repay my loan in good time thank you

    Log in to reply • Share

  • Linet    Feb 18, 2015

    Hi Samuel I would like to advice you to upload good photos of your business the lenders get attracted to photos that show your business faster than passports and half photos best wishes.

    Log in to reply • Share

  • Samuel    Feb 13, 2015

    Hello dear lenders I appeal to all lenders to please assist me raise my loan in good time so I may be able to facilitate the plans for my business so we may have a better community thanks in advance.

    Log in to reply • Share


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