Loafers or penny loafers are low, leather step-in shoes with tops that resemble moccasins, but have broad flat heels. Loafers have no shoelaces or buckles. Penny loafers are made of leather and are often worn for formal occasions.
About Sheepskin:
Footwear made with skins of sheep. Sheepskin may include the wool of the sheep, also referred to as shearling.