Shoe business

Tene

Bobo Dioulasso, Burkina Faso

82% repaid

Entrepreneur

Name

Tene

Member since

February 2015

On-time repayments

13 installments  •  62%

About Me

My name is Kone Tene, I am a 24-year-old woman who was raised in a polygamous family. My father has 2 wives and my mother was his first. I am the third daughter of my mother and the fourth children of the family as I have two older sisters. I went to school but couldn't get more education due to financial scarcity. Therefore, I decided to launch a shoe business to provide for myself.

My Business

Selling shoes is an activity carried by many young women in Bobo Dioulasso because it is not easy to find a job there. I sell different shoes such as slippers (babouche), flip flops and kaboules. I often sell my goods on credit to female civil servants: they pay a certain amount at the time of purchase and the remaining at the end of the month. My profit can exceed 50000F per month which allows me to buy food, clothes and medicine when I get sick.

Loan Proposal

This first loan will be entirely invested in the purchasing of slippers that I will stock to later resell to my customers who are mainly young women from the city of Bobo. I will therefore be able to reimburse my loan with the interests and in addition have a surplus.

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About Me

Jeune fille de vingt quatre années (24) je suis Kone Tene née d'une famille polygamme et le père avait deux femmes dont ma maman est la première de ces femmes. Je suis la troisième fille de ma maman et le quatième enfant de la famille car j'ai deux grande soeurs. J'ai eu à étudier c'est à dire faire l'école mais mes études n'ont pas été beaucoup poussées par faute de finance. Je me suis donc lancé dans la vente de chaussure pour avoir des revenus et subvenir à mes dépenses.

My Business

La vente des chaussures est une activité qui nourrit beaucoup de jeune fille dans la ville de Bobo Dioulasso car gagner un métier à exercer n'est pas une chose facile. Je vends les différentes chaussures telles les babouches, les tapettes, les Kaboules et bien d'autres diverses chaussures. Je donne souvent mes marchandises à credit à des femmes fonctionnaires qui me donnent une avance et à la fin du mois elles paient le reste de mon argent. Dans un mois je peux avoir plus de 50000F comme un bénéfice ce qui me permet de me nourrir, de m'habiller et de me soigner quand je tombe malade.

Loan Proposal

Ce premier prêt sera entièrement investi dans l'achat des babouches pour stocker et revendre avec mes clientes qui sont la plupart des jeunes filles de cette ville de Bobo. Je pourrai alors avec les intérêts repayer mon prêt et avoir en plus un surplus.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Apr 24, 2015

Repayment status

Late

Projected term

13 months

Lenders

Pierfausto

Rome, Italy

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Summary

Amount repaid

$90.67

Amount remaining

$19.54

Expected completion

Jun 15, 2016

Status

Repaying late

Installment amount

$8.29

Repayment History

Expected Payments Actual Payments
Jun 15, 2015 $15.74 Jun 15, 2015 $8.64
Jul 15, 2015 $7.11
Jul 15, 2015 $1.53 Jul 15, 2015 $1.53
Aug 15, 2015 $8.29 Aug 18, 2015 $8.29
Sep 15, 2015 $8.29 Aug 18, 2015 $0.35
Sep 9, 2015 $7.94
Oct 15, 2015 $8.29 Sep 9, 2015 $0.69
Oct 22, 2015 $7.60
Nov 15, 2015 $8.29 Oct 22, 2015 $1.04
Nov 16, 2015 $7.25
Dec 15, 2015 $8.29 Nov 16, 2015 $1.38
Dec 16, 2015 $6.91
Jan 15, 2016 $8.29 Dec 16, 2015 $1.73
Jan 18, 2016 $6.56
Feb 15, 2016 $8.29 Jan 18, 2016 $2.07
Feb 15, 2016 $4.32
Mar 16, 2016 $1.90
Mar 15, 2016 $8.29 Mar 16, 2016 $2.42
Apr 20, 2016 $4.32
May 26, 2016 $1.55
Apr 15, 2016 $8.29 May 26, 2016 $7.08
May 15, 2016 $8.29
Jun 15, 2016 $10.04

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