Add more stock to my business

Lawrence

Muhoroni, Kenya

100% repaid

Entrepreneur

Name

Lawrence

Member since

August 2017

On-time repayments

23 installments  •  9%

About Me

I third born in a family of 7, got an opportunity to attend both primary and secondary education. Entered in business as trainee at a Bookshop and Photocopy center in the late 2004 immediately after completion of my A levels. Later on entered into business as a sole proprietor after receiving grant from my father.

where i am from many people prefer white collar jobs, not knowing that even juakali can be a major source of livelihood.

I married to one beautiful lady whom despite the hardships i'am facing she is ready be with me and by God's grace we have been blessed with three lovely daughters. When they grow up i would prefer them to venture into sole proprietorship business and follow their dreams.

What i endure most during my past time is playing basketball being the secretary for our recent formed club, attending church services every sunday's and above all having my delicacy food called 'mbuta' fish .

My Business

I run bookshop and small cybercafe , the services that i majorly render at my place of work are; photocopying, printing passports , sell of office stationery. Having had past experience in the business for a period of 10 years while i was working at my late uncles shop i think i have the legible skills and manpower to run this kind of business.

the proceeds i get from my business helps me pay school fees for my first born daughter , pay my bills like electricity, house rent, add few stocks and feed my family.

Loan Proposal

If granted this loan i will add more stocks in my shop and this will enable me meet my customers satisfaction and demands. Having noted on a daily sells and required items by my customers , i will specifically add the first moving items which are required on a daily basis. The required items that i require are writing materials, envelopes, felt pens, tonner and ink for my photocopier and printer, cello tapes A4 exercise Books, photocopy papers, maskin tapes, assorted pens, manilla papers.

Having more stock in my shop will enable me increase my daily sells which is $18.9540 to & 37.9080 hence more customers satisfaction and demand.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$261.00

Date disbursed

Aug 16, 2017

Repayment status

On Time

Projected term

12 months

Other loans

Lenders

The Zinc Team

San Francisco, United States

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