Add stock to cosmetic shop and printing business

Ondieki

Bochura, Kenya

100% repaid

Entrepreneur

Name

Ondieki

Member since

January 2014

On-time repayments

82 installments  •  45%

About Me

Well, I find it needful to start by saying that I don’t hail from a privileged family. i live each day trying to beat the odds by living both innovative and creative. I find it beneficial to engage myself on mind-building activities like entrepreneurship and education. That’s why, through the initial support from my family, I started a computer shop where I sell accessories and also do repair and maintenance Through determination, I have-and for the past four years been running the business while handling my education, a diploma in Computer Science which till yesteryear I have been persuing in Kitale Technical Training Institute. Basically, I’ve been ploughing back my gains to add stock and expand my business which has been growing steadily and to carter for my educational needs.

My Business

My business deals with sell of ex-uk computers and accessories like mouse, laptop chargers, memories screens. The demand for these accessories is high and in a good month I can make a profit of around $200. From the profit I deduct$50 and pay rent and $60 I pay my employee. The rest of the profit I reinvest back into the business. I usually sell my accessories at lower prices which attracts most of customers compared to some of my competitors who sell at higher prices. on top of that i do computer repair and maintenance. I will use the profits from the business to repay the loan

Loan Proposal

I intend to expand further both my cosmetic and computer business. I sincerely would like to thank Zidisha for making my last loan application a success as it helped me expand add more stock to my business. I have still noticed more demand for both photocopying and stationery services. I intend to acquire stationery materials like rulers, pamphlets and duplicating papers to supply to the local schools and community and add more cosmetics.

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$245.00

Date disbursed

Feb 28, 2014

Repayment status

On Time

Projected term

6 months

Lenders

Brian

Midhurst, Canada

DeanDropshot

Oslo, Norway

A

Aaron

Zurich, Switzerland

Sarasota

Sarasota, Fl, United States

K

Kudrnova

Czech Republic

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